The Daily News has learned that the Jets have restructured Pro Bowl left tackle D’Brickashaw Ferguson’s contract.
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.
Ferguson, a three-time Pro Bowler, signed an eight-year, $73.6 million deal before the 2010 season.
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Jets Get Cap Relief
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