News of the day

Mike Lombardi of the National Football Post has written about two interesting items regarding the Jets:

1. The Jets recently reworked Santonio Holmes’ contract to lower his base salary, so the amount of money that’s deducted for his upcoming suspension will be less. When Holmes was traded, mostof his money due in 2010 was in the form of his base salary, but since he became a Jet, the team shifted the money into roster bonus, reporting bonus and signing bonus so Holmes would pay as little as possible for his fine. This clearly cannot make the NFL league office happy and goes against the spirit of the suspension.

2. Speaking of the Jets, they are actively shopping guard Alan Faneca, defensive end Shaun Ellis and linebacker Bryan Thomas and will probably waive these players after the draft. You might be surprised to read Faneca’s name, but he’s the first to go after the draft.

Suprising to see the Jets shopping Faneca given his success last year (see: Thomas Jones), but he is aging (33) and has a nice salary ($8 mill).  However, if you look at Faneca’s salary, the real savings will be next year:

Year Salary Cap Number Dead Money if Cut Cap Savings if Cut
2008 $5,640,000 $21,000,000 -$15,360,000
2009 $8,090,000 $15,360,000 -$7,270,000
2010 $8,590,000 $7,270,000 $1,320,000
2011 $8,840,000 $1,680,000 $7,160,000
2012 $8,840,000 $840,000 $8,000,000

Topics: Alan Faneca, Bryan Thomas, Salary, Shaun Ellis

Want more from The Jet Press?  
Subscribe to FanSided Daily for your morning fix. Enter your email and stay in the know.

TEAMFeed More Jets news from the Fansided Network

Comments 0

How the New York Jets backfield might work next season

Comments 0

Michael Sam or Louchiez Purifoy: Who Achieves NFL Acceptance?

Comments 4

Jets’ 2014 Schedule: Initial Thoughts

Hot on the Web From