Texans Restructure Nico Collins Contract, Save $9.8M

The Houston Texans have restructured the contract of wide receiver Nico Collins, creating $9.8 million in salary cap space ahead of the upcoming NFL free agency period. This move involves converting part of Collins' base salary into a signing bonus, which allows the team to manage their cap more efficiently as they look to make improvements for the 2025 season. Collins, who had a strong performance in 2024 with 68 receptions for 1,006 yards and seven touchdowns, signed a three-year, $72.5 million extension last year. Despite his productive season, he missed five games due to a hamstring injury. The Texans, aiming to bolster their roster, currently have around $14.8 million in cap space, ranking 24th in the league. Their offseason strategy may involve pursuing free agents to enhance their receiving corps, especially as they navigate potential departures and injuries.