Restructures contract
Smith and the Seahawks agreed Thursday to a restructured contract, Field Yates of ESPN reports.
It's a simple restructure, converting Smith's $9.6 million roster bonus into a signing bonus to create $4.8 million in 2024 cap space (while adding $4.8 million to the 2025 sheet). The Seahawks already signaled intent to bring Smith back as their starting QB in 2024 when they kept him on the roster through mid-February once his $12.7 million base salary became guaranteed. His contract runs through 2025 but doesn't have any guarantees in the final year, potentially setting up the Seahawks for a tough decision next March when Smith is scheduled for a $10 million roster bonus on the fifth day of the 2025 league year. The upcoming NFL Draft could provide a hint about how the Seahawks feel about Smith long term.
More New York Jets Fantasy Football News
Omar Cooper Jr.
Solidifying spot in three-wide sets
Cooper was the Jets' most impressive rookie in spring practices and looks to have solidified his spot in three-receiver sets, Rich Cimini of ESPN.com reports.
Kenyon Sadiq
Expected to be ready for camp
Sadiq (abdomen) is expected to be ready for training camp, Rich Cimini of ESPN.com reports.
Geno Smith
Incident being investigated
Smith is being investigated in relation to a Sunday afternoon incident in which a woman accused him of battery, Rich Cimini of ESPN reports.
Braelon Allen
Pushing 250 pounds
Allen is up to 250 pounds for OTAs after playing at 238-240 last year, Rich Cimini of ESPN.com reports.
Adonai Mitchell
Meshing well with new QB
Mitchell has showcased impressive chemistry with new starting quarterback Geno Smith at OTAs, Zack Rosenblatt of The Athletic reports.
Jason Sanders
Replacing Koo in New York
The Jets are signing Sanders and waiving Younghoe Koo, Zack Rosenblatt of The Athletic reports.
Garrett Wilson
Praises new OC's system
Wilson has praised new offensive coordinator Frank Reich's system during OTAs, Rich Cimini of ESPN.com reports.
Garrett Wilson
Participating in OTAs
Wilson (knee) is participating in OTAs this week, Ryan Dunleavy of the New York Post reports.
Kenyon Sadiq
Out for OTAs after hernia surgery
Coach Aaron Glenn said Sadiq (abdomen) underwent a "minor procedure" and will miss OTAs this week, Brian Costello of the New York Post reports.
Brady Cook
Facing competition for QB2 spot
Cook is set to compete with rookie fourth-round pick Cade Klubnik for the second spot on the Jets' quarterback depth chart behind Geno Smith, Zack Rosenblatt of The Athletic reports.