Wednesday, March 23, 2016

Jets take baby steps on cap woes, restructure Carpenter

One down, a bunch to go.

Last week, we alluded to the dreadful salary-cap situation the New York Jets are currently in, particularly after signing nose tackle Steve McLendon and defensive end Jarvis Jenkins. 

Wednesday, Gang Green took a step in the right direction, restructuring James Carpenter's contract.

According to the Daily News, the team freed up $2.5 million in cap space by turning more than $3 million of Carpenter's salary for this season into a signing bonus.

There's still plenty of work to be done, however, especially if the Ryan Fitzpatrick negotiations are ever finalized.

Per the News:
"The Jets could make more room by making similar restructures with players like Eric Decker or Buster Skrine, or they could either cut D'Brickashaw Ferguson or ask him to take a pay cut."