Mike Goodson restructures contract, takes paycut

Mike Goodson

Mike Goodson restructures his deal with the Jets and took a paycut, according to Over The Cap.

Due to his arrest, Goodson could have been fined for practices and preseason games he missed, but the two sides worked on the deal to help alleviate some of the fines.

OTC writes:

The sides appeared to come to a middle ground rather than going through any CBA related process of recovering money. Per a source with knowledge of the contract, Goodson reduced his base pay from $1 million to $715,000 in 2013, a loss of $285,000 on the season. In addition the team converted $650,000 and $850,000 of his  Paragraph 5 salary in 2014 and 2015 respectively into roster bonuses.

More info at Over The Cap.

Brian Bassett, TheJetsBlog.com

It is a small victory for the Jets, but they need the production that a player like Goodson could bring to the backfield more than they need the money back.  Even so, this is probably the right move for Goodson considering his circumstances and so we applaud him for doing what he can to keep his NFL career alive.  Goodson taking the steps to get back on the field and this concession was a way for him to demonstrate to the team that he’s serious about making the best of a bad situation.