How does Michael Bennett’s restructured deal impact Patriots’ cap?

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(Elsa/Getty Images)

Patriots' defensive lineman Michael Bennett agreed to a reworked two-year deal with a base value of $16.75 million, including a $4 million signing bonus, it was reported Tuesday morning. Per the report from Field Yates of ESPN, "Bennett gets guaranteed money and more upside, while the move creates $700K in cap space for the team in 2019."

So how does this impact the 2019 and 2020 salary cap space numbers for the Patriots?