ESPN’s Mark Clayton is reporting that the Steelers and Hines Ward have reached an agreement on a new contract.
According to reports, Ward has agreed to a 4 year $22 million extension. Not only does the extension insure that Ward will retire as a Pittsburgh Steeler, it also frees up valuable cap space. Ward was scheduled to make $5.8million this years, with a cap hit of $8.55 million.
The new contract reduces Ward’s base salary and transfers money to a signing bonus.
Ward is 33 years old.