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The Steelers' Cortez Allen intercepts a ball intended for the Buccaneers' Mike Evans in the third quarter Sept. 28, 2014, at Heinz Field.
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Steelers release cornerback Cortez Allen

Matt Freed/Post-Gazette

Steelers release cornerback Cortez Allen

The Steelers rarely make mistakes when they dole out big second contracts to one of their own. They made a large one with cornerback Cortez Allen, and Friday they finally admitted it when they released him.

The move, which was anticipated, comes not even 18 months after they signed him to a five-year, $26 million contract — and paid him half, $13 million the past two seasons. They decided to not throw more good money after the bad.

By doing so, the Steelers avoid paying him the $4.4 million salary he was due in 2016, along with the total of $13 million in salaries he was to make over the next three years of a contract he signed just before the 2014 season began.

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He will, however, count $4,050,000 against their salary cap this year because of the three years’ worth of pro-rated signing bonus that must be accounted for — and money he already has received. Had he been on the roster this year, he would have counted $5,750,000 against their cap in 2016 and more over the next one or two years.

The Terrible Towel will be flying high when the Steelers return to Heinz Field for the 2016-17 season.
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Allen, the Steelers’ fourth-round draft choice from The Citadel in 2011, made steady progress as a special-teams player and backup his first two seasons. He then started eight games in his third season in 2013 and helped win a late game in Green Bay with an interception that he returned 40 yards for a touchdown.

His performance in 2013 combined with the lack of depth and talent at the position prompted the Steelers to sign Allen to a five-year, $26 million contract late in the 2014 preseason, one season before he could have become an unrestricted free agent.

His production quickly fell off, and he was benched by the middle of the 2014 season. Last season was even worse. He was beaten out for the starting job at cornerback by Antwon Blake. Allen played in the nickel in the Steelers opener at New England and then never played again.

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Allen did not dress for the next five games, and the Steelers finally placed him on injured reserve in October, ending his season — and ultimately his career with them. Allen rarely was seen around the team’s facility after he went on injured reserve.

The Steelers paid him $4,350,000 in 2015, including a $3 million roster bonus.

The Steelers again are looking to beef up their thin cornerback position in the draft. They lost two of their top four corners in free agency, Blake and Brandon Boykin. They re-signed starter William Gay and backup Ross Cockrell, the only two with NFL experience at the position.

Ed Bouchette: ebouchette@post-gazette.com and Twitter @EdBouchette.

First Published: April 15, 2016, 8:56 p.m.
Updated: April 15, 2016, 9:05 p.m.

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The Steelers' Cortez Allen intercepts a ball intended for the Buccaneers' Mike Evans in the third quarter Sept. 28, 2014, at Heinz Field.  (Matt Freed/Post-Gazette)
Matt Freed/Post-Gazette
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