Found March 25, 2012 on Pro Football Zone:

Wide receiver Chad Ochocinco agreed to restructure his contract in order to remain with the New England Patriots for the 2012 season.

Ochocinco lowered his base salary from $3 million in 2012 to $1 million.  There’s still a chance he could get released before the regular season begins in September.

The 34 year-old Ochocinco is clearly at the end of his career and it’s questionable whether or not he can contribute at a high level any longer.


Report: Ochocinco restructures pact, lowers base pay

New England Patriots wide receiver Chad Ochocinco restructured his contract after the worst season of his NFL career. Ochocinco lowered his base pay from $3 million to $1 million, a source told the Boston Herald. The 34-year-old Ochocinco struggled mightily in his first season with the Patriots, catching just 15 passes for 276 yards and one touchdown.

Pats might keep Ochocinco?

With all the players the Patriots brought in this offseason, many expected Chad Ochocinco to be left out, but that may not be the case.

Report: Chad Ochocinco Restructures Contract for Upcoming Season, Lowering Receiver's Base Salary

The Patriots have been busy bolstering their wide receiving corps this offseason, leading many to believe Chad Ochocinco could eventually be cut loose. Well, that might not necessarily end up being the case, as Ochocinco has restructured his contract for the upcoming season, according to ESPN's Adam Schefter. The 34-year-old wideout will reportedly have his base salary lowered...

Ochocinco restructures contract

Hot News for WR Chad Ochocinco

WR Chad Ochocinco takes a pay cut to remain with New England Patriots

Yesterday, ESPN’s Adam Schefter filed a report suggesting that WR Chad Ochocinco was going to remain with the New England Patriots in the 2012 season, today, perhaps we have learned why the veteran pass catcher might remain on the roster next season. Adam Schefter reports that Chad Ochocinco has agreed to a pay cut for 2012 in order to facilitate his retention by the...

Hoyer Signs RFA Tender, Ochocinco Restructures Contract

The New England Patriots had a couple small bits of news I’ve been holding onto waiting to for Bill Belichick to find more discount free agent coupons.  But like in my house someone else must have grabbed any new ones that have come in recently. The Patriots announced that back up quarterback Brian Hoyer will return in 2012 as the restricted free agent after signing his RFA...
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