Four days before the start of the regular season, Julius Peppers reportedly has agreed to restructure his contract, according to Brian McIntyre.
Peppers has lowered his base salary from $12.9 million to $9.9 million, with $3 million converted to his signing bonus.
The move will save the Bears $2 million in salary cap room.
Last year Peppers finished with 39 tackles and 11.5 sacks while playing in all 16 games for the fifth straight season. He'll turn 34 in January and is entering the fourth year of his six-year, $84 million contract.
Peppers also restructured his deal in 2011.