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4/10/2014
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Santonio Holmes Agrees To Restructured Deal
(3/12 1:57 PT)

The Facts:
Following up on a previous item. ... Holmes has agreed to a restructured deal with the Jets, ESPN’s Adam Schefter reports. Reported by Profootballtalk.com

Fantasy Football Diehards Line:
Although we don’t yet know the terms of the new deal that Holmes has agreed to, PFT's Mike Florio advises readers it surely includes a pay cut from the deal he previously had with the Jets, which called for him to make $7.5 million in guaranteed salary and another $3.5 million in non-guaranteed salary this season. Because of the offset language in his contract, the only way he could have made more than $7.5 million on any team other than the Jets was if that team was willing to pay him more than $7.5 million. And no team would pay him more than $7.5 million, considering that he’s coming off a significant foot injury and that his receiving yards have declined in four consecutive seasons. So Holmes will remain with the Jets -- and most likely make a little less money.

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