Originally written on NFL Trade Rumors  |  Last updated 11/18/14

EAST RUTHERFORD, NJ - AUGUST 27: Santonio Holmes of the New York Jets in action against the Washington Redskins during their preseason game on August 27, 2010 at the New Meadowlands Stadium in East Rutherford, New Jersey. (Photo by Al Bello/Getty Images)
ESPN’s Adam Schefter reports sources have informed him that the New York Jets are expected to approach WR Santonio Holmes regarding restructuring his contract. Holmes, 28, is set to make $11 million for the upcoming season and, to make matters worse, $7.5 million of that figure is guaranteed, which means he’ll have all of the leverage in the negotiations. The Jets cleared around $30 million in cap space after they parted with a number of players early last week. They still need to free up some more cash if they’re to fix some of their obvious roster holes, so it makes sense to see what they can do with Holmes’ contract, even if the saving is minimal. The post Jets Expected To Approach WR Santonio Holmes About Restructuring His Contract appeared first on NFL Trade Rumors -.
MORE FROM YARDBARKER

Pacquiao knocks down Algieri six times in easy win

John Calipari gets daughter's birthday wrong

Carson: Hall of Fame career not worth concussion problems

Tiger hires new swing coach

Is Sting making his WWE debut at Survivor Series?

Eric Decker: It's tough watching Emmanuel Sanders, Broncos

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Semaje Perine breaks Melvin Gordon's rushing record

Report: Chip Kelly, Eagles GM not seeing eye-to-eye

Pete Carroll open to playing Richard Sherman at WR

Jay Gruden: RG3 has been 'coddled for so long'

Red Sox have best offer on table for Pablo Sandoval?

LeBron: Kevin Love will get the ball 'if he demands it'

WATCH: Young reporter asks Helfrich funny question

Sager makes first appearance since leukemia diagnosis

Harvard kicker wears glasses

WATCH: Tennessee fans go a little overboard celebrating TD

Dwight Howard out indefinitely after having PRP on knee

Report: Mike Gundy pursuing Florida job

WATCH: Jameis Winston gets away with shoving an official

WATCH: Georgia's Chris Conley makes diving TD catch

WATCH: Nebraska blocks field goal, returns it for TD

Florida DL shows support for Will Muschamp with eye black

WATCH: Javale McGee kisses elderly fan sitting courtside

WATCH: Tim Tebow busts out a brief Steve Spurrier impression

Jets News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

Cal gets daughter's bday wrong

Carson: Career not worth concussions

Report: Gundy pursuing Florida job

Tiger hires new swing coach

WATCH: Jameis Winston shoves ref

Florida DL supports Will Muschamp with eye black

Jay Gruden: RG3 has been 'coddled'

LeBron: Love needs to 'demand' the ball

Bills-Jets game will be free admission

Pete Carroll: Lynch is 'our guy'

Which NFL team will get the #1 pick?

Game of the week: Patriots vs. Lions

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.