As expected, the restructuring of Santonio Holmes' contract was made official today, according to league records. Holmes' base salary was reduced to $7.5 million, or the amount of guaranteed money he is owed in 2013.
The Jets also restructured the deal of Antonio Cromartie. Cromartie was owed a $7 million base in 2013 and will now earn a base salary of $840,000, league records show. The difference will likely be recouped in bonuses and/or pushed into 2014.
Some other quick changes:
David Garrard is officially on a 1-year deal with a $1 million base salary. According to Yahoo!, Garrard was also given a $100,000 signing bonus.
Jets restructure deals for Antonio Cromartie, Santonio Holmes
Newark Star-Ledger | Mar 13