The New York Jets and defensive end Mike DeVito have agreed to restructure the final year of his contract (via New York Post) which he signed in 2009.
DeVito will take a pay cut from $3.11 million in 2012 to $2.5 million.
The details of his new contract are: $700,000 base salary, $950,000 signing bonus, $500,000 roster bonus and $350,000 workout bonus. His base salary dropped from $2.26 million. The roster and workout bonuses were paid out earlier this offseason. The contract includes a $750,000 escalator based on playing time that could help DeVito recoup the money.
The Jets selected Quinton Coples in the draft which made it necessary for DeVito to take a pay cut or face possibly getting cut from the team altogether. The veteran has started 22 games over the last two seasons for the Jets after originally joining the team out of Maine as an undrafted free agent.
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