Report: Jets Will Free Up $30 Million is Salary, Early in Waiver Period

Nov. 22, 2012; East Rutherford, NJ, USA; New York Jets inside linebacker Bart Scott (57) reacts after a tackle against the New England Patriots during the first half on Thanksgiving at MetLife Stadium. Mandatory Credit: Debby Wong-USA TODAY Sports

This won’t be much of a surprise to anybody, nor will anybody be upset by it.

Rich Cimini of ESPN New York reported in his Sunday Notes article yesterday that when the waiver period opens in February, the Jets will let go of over $30 million off of their cap number quick than it “takes to hail a cab”.  His report advises that we will say goodbye to:

  • Calvin Pace ($8.56 million saved)
  • Bart Scott ($7.15 million saved)
  • Jason Smith ($12 million saved)
  • Eric Smith ($3 million saved)

In total, that will knock $30.7 million off of the Jets cap number, leaving only $4.5 million in dead money.  A win-win for the Jets.

Obviously, this won’t solve all of the Jets problems, but it will be a good start, that’s for sure.  Come February, the Jets can finally pull the linebacking corp out of the Stone Ages, and we will be able to say we “can’t wait” to see the young linebackers.  Done will be the #63 eligible days as well.  The Jumbo package, as we know it, will be no more.

Long live the Jumbo Package.

Topics: New York Jets

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