5 NY Jets players most likely to have their contracts restructured this spring

NY Jets general manager Joe Douglas is well aware that he needs to put his team in a position to contend in 2024 or else he likely won't see another offseason with the organization. Doing that may be easier said than done, but there is a pre-established foundation in place.

The Jets have a talented young core and one of the best defenses in football. This offseason will be about plugging holes — primarily on offense — and suplementing the roster with additional talent.

To do so, the Jets will have to free up some money. The Jets enter the offseason with under $5 million in projected cap space, per Over The Cap. They'll need to find ways to create some extra cap space.

While releasing players is the obvious move, the Jets are almost definitely going to heavily utilize contract restructures this offseason. Who are the most likely candidates for a restructure? We take a look at five prime options for the Jets.

*All projections are via Over The Cap*

5. Tyler Conklin, TE, NY Jets

Tyler Conklin will be entering the final year of the three-year, $20.25 million contract he signed with the Jets prior to the start of the 2022 season. He's quietly been one of Joe Douglas' greatest free-agent success stories to this point.

Conklin put together a career year in 2023, finishing with 61 catches for 621 yards — both of which were career highs. He's one of the most underrated players on the roster and one of the few reliable building blocks on offense.

His 2024 cap hit currently sits at $9.33 million, and while the Jets could save over $5 million by releasing him, it's much more likely they go the restructure route.

Restructuring Conklin would create an additional $3.92 million in cap space in 2024, pushing dead money into the future. The Jets already restructured Conklin's contract last offseason — don't be surprised if they do it again.