We now have the details of how Beason's contract was re-worked and it's pretty simple: he took one for the team.

As we promised you when we broke the news of Beason's restructured contract we will now provide you with the details regarding Jon Beason's new deal.

And according to Pat Yasinskas Beason basically just took one for the team:

It’s pretty simple. Beason took a significant pay cut and didn’t recoup any of it with up front money.

Under the new deal Beason’s base salary for this year dropped from $5.25 million to $1 million which is fully guaranteed. That drops Beason’s cap figure for this year from $9.5 million to $5.25 million.