In a move to free up some payroll space for 2014, the Royals restructured right-hander Jeremy Guthrie's contract.

While news of the deal was first revealed on Monday by Joel Sherman of the New York Post, Royals general manager Dayton Moore told MLB.com that it was actually completed back in November.

"Jeremy was willing to work with us, and we restructured some things," Moore said. "When we did Jeremy's contract last year, it was backloaded to be light on the front end. It gives us flexibility for the 2013-14 offseason."

Guthrie, who will turn 35 just after Opening Day, was originally scheduled to earn $11 million this season and $9 million in 2015 under the terms of a three-year contract. Now he is slated to earn $8 million this season and $9 million in '15, with a $10 million mutual option added for '16.

The option has a $3.2 million buyout, so Guthrie is guaranteed the same amount -- actually $200,000 more -- and the Royals have cleared $3 million from the 2014 payroll.