Jets restructure John Franklin-Myers’ contract, save $4.8 million

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By: Billy Riccette

The Jets continued their cap maneuvering Monday night as they restructured the contract of defensive end John Franklin-Myers, converting $6 million of his base salary into a signing bonus, per ESPN’s Field Yates. The Jets saved $4.8 million in salary cap space as a result.

Franklin-Myers was set to make $11.4 million in base salary in 2023. This move allows him to get that $6 million up front and will still have a base salary of $5.4 million. The move adds $2 million to his cap hits for 2024 and 2025 but it does drop his cap hit for this season to $7.6 million.

Originally posted on Jets Wire

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