The Titans have restructured Julio Jones‘ contract, according to ESPN.com’s Field Yates (on Twitter). The new deal will convert $14M of his salary into a signing bonus, creating $11.2M in cap room. To make it all work, Jones’ contract will also have two additional void years.
In June, the Titans shipped a 2022 second-round pick and a 2023 fourth-round pick to the Falcons for Jones and a 2023 sixth-round pick. It was a far cry from the Falcons’ initial ask of a first-round pick, but that was the best they could do given Jones’ age (32) and contract. For the Titans, it was a monumental upgrade to bring one of the game’s most accomplished wide receivers to Nashville.
Unlike other suitors — like the Chiefs — the Titans were able to absorb his $15.3M base salary for 2021. Still, they needed some extra space to make midseason upgrades and Jones has obliged. For all intents and purposes, everything remains the same on Jones’ end.
Jones, one of the greatest receivers of his generation, holds Falcons franchise records in receptions (848) and receiving yards (12,896). On top of that, his 60 receiving TDs trail only Roddy White‘s 63. Now, he’ll look to add to his lofty totals with the Titans.
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