Was the Payton Vilma talk just a smokescreen?

CLIP said

Someone correct if I'm wrong, but i thought Vilma can't restructure because its his last year under contract?

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I don't think it's about restructuring the deal as much as it is about just taking a pay cut. Vilma knows if we cut him, his worth on the open market isn't much. Unfortunately I think the Bounty label will make him an unpopular pick up for other teams.