Jets Restructure D’Brickashaw Ferguson’s Contract

Jets Restructure D’Brickashaw Ferguson’s Contract

According to Manish Mehta per Twitter, he has learned that the Jets have restructured D’Brickashaw Ferguson’s contract.  Very good news.  This gives the Jets a ton of wiggle room now to go after free agents and/or gets them ready to possibly make a splash in the draft.  They currently have the 16th pick overall, but may move up to get a guy they possibly love and know won’t drop.  Time will tell, but this was a great gesture by one of the leaders of the team.  I wonder if other players will step up to do the same.

TheJetsStream #Jets restructure Pro Bowl left tackle D’Brickashaw Ferguson’s contract, per source. Story here: #nfl 2/23/12 4:55 AM

The Jets converted $9 million of Ferguson’s $9.985 million base salary in 2012 to a signing bonus to give the team more cap space, according to a source.

The cap value of the converted signing bonus will be spread over the remaining six years of Ferguson’s contract. So, the Jets will get an additional $7.5 million of cap relief this season. Gang Green had very little cap flexibility before the move.

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