AP source: Jets restructure Carpenter's contract
NEW YORK (AP) A person with direct knowledge of the situation says the New York Jets have restructured the contract of left guard James Carpenter, creating some much-needed salary cap space.
Carpenter agreed to convert $3.69 million of his $4.45 million salary for this season into a signing bonus Wednesday, according to the person who spoke to The Associated Press on condition of anonymity because the team does not announce financial terms of contracts.
By lowering Carpenter's base salary to $760,000, the Jets save $2.46 million in salary cap room. It's the first in what could be a few moves to restructure deals because New York has only about $3.4 million in cap space.
The Jets still haven't announced their two-year, $7 million contract for defensive end Jarvis Jenkins, and they are still trying to re-sign quarterback Ryan Fitzpatrick.
---
AP NFL website: www.pro32.ap.org and AP NFL Twitter feed: http://twitter.com/AP-NFL
-
2025 Super Bowl LIX odds: Chicago's odds shorten after drafting Caleb Williams
2025 NFL Draft odds: Shedeur Sanders' odds take hit after opening as clear favorite
2024-25 NFL MVP odds: Patrick Mahomes, Josh Allen early favorites
-
2024 NFL Schedule Release: Date, when does the season start?
2025 NFL mock draft: Who are next year's top prospects
Tom Brady to be roasted by former teammates, comedians in upcoming Netflix special
-
2024 NFL predictions: An early look at division winners
2024 NFL playoff bracket: Schedule, picture, Super Bowl result
2024 NFL Power Rankings: A post-draft look at where every team stands
-
2025 Super Bowl LIX odds: Chicago's odds shorten after drafting Caleb Williams
2025 NFL Draft odds: Shedeur Sanders' odds take hit after opening as clear favorite
2024-25 NFL MVP odds: Patrick Mahomes, Josh Allen early favorites
-
2024 NFL Schedule Release: Date, when does the season start?
2025 NFL mock draft: Who are next year's top prospects
Tom Brady to be roasted by former teammates, comedians in upcoming Netflix special
-
2024 NFL predictions: An early look at division winners
2024 NFL playoff bracket: Schedule, picture, Super Bowl result
2024 NFL Power Rankings: A post-draft look at where every team stands