FLORHAM PARK, N.J. — Preparing for free agency and the possible addition of quarterback Aaron Rodgers, the New York Jets have created $15.2 million in salary cap room by restructuring three veteran contracts.
All told, the cap savings total more than $23 million. The Jets had to make the moves because they were slightly over the $224.8 million cap. Teams must be cap compliant by Wednesday, the start of the new league year.
And now they wait for Rodgers to make a decision on his future. He can request a trade to the Jets, retire or return to the Green Bay Packers, an option that seems unlikely.
Jets brass, including owner Woody Johnson, flew to Southern California on Tuesday to meet with Rodgers. On Friday, Packers president Mark Murphy confirmed the team had granted permission to the Jets to speak with the four-time MVP.
Both the Jets and Packers would like to have a resolution by the start of free agency. The legal tampering period begins Monday.
Meanwhile, the Jets could make more moves. Pro Bowl linebacker C.J. Mosley ($21.5 million cap) is a candidate to have his contract restructured. Wide receiver Corey Davis ($11.2 million) and safety Jordan Whitehead ($10.2 million) could be cap casualties.
To rework the Tomlinson, Reed and Conklin contracts, the Jets simply converted 2023 base salaries into signing bonuses, prorating the amount over the final two years of the contracts. No void years were added. Each player is signed through 2024.