Wide receiver Allen Lazard will be staying with the Jets.
Lazard’s future with the team was up in the air after he was given permission to look for a trade earlier this year, but no deal materialized and General Manager Darren Mougey said at last week’s league meetings that they were working on having Lazard stick around on a revised contract. Jason Fitzgerald of OverTheCap.com reports that the two sides have reached agreement on that deal.
Lazard was set to make $11 million this season, but has agreed to take an $8.5 million pay cut that will slash his cap number from $13.2 million to $4.6 million for the coming season. The Jets have guaranteed $1.75 million of his new salary and have wiped out the final year of the contract, which means Lazard will now become a free agent after the season.
Lazard has 60 catches for 841 yards and seven touchdowns through two seasons with the Jets.
