Found February 23, 2012 on Jets Insider.com:
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Over the past few weeks you have been hearing about the Jets cap space problem, the problem being they had no cap space. What you also likely heard was that Mike Tannenbaum would work his magic and free up cap space by cutting some players (like Eric Smith) and restructuring the large contracts of others. Well it seems Tannenbaum has already started this process as D'Brickashaw Ferguson's contract being restructured is the first domino to fall.According to the NY Daily News, Ferguson and the Jets have agreed to convert, "$9 million of Ferguson's $9.985 million base salary in 2012 to...
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