Here's Wood's current deal:
http://www.spotrac.com/nfl/buffalo-bills/eric-wood-5637/
Looks like his restructured deal will look something like this:
Year Base Signing Roster Workout Total Dead Savings
2016 $1,000,000 $3,058,333 $150,000 $4,208,333 $6,116,667 -$1,908,333
2017 $4,125,000 $3,058,333 $250,000 $150,000 $7,583,333 $3,058,333 $4,525,000
2018 $4,125,000* $1,258,333 $250,000* $150,000* $5,783,333 $1,258,333 $4,525,000
*Guesses based on 2017