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Jets Restructure Allen Lazard’s Contract with Major Pay Cut

The revised deal reduces Lazard's salary and cap hit, keeps him on the roster for 2025, and opens the door for potential trade opportunities.

Overview

  • Allen Lazard agreed to an $8.5 million pay cut, reducing his 2025 salary from $11 million to $2.5 million, with $1.75 million guaranteed.
  • The contract revision significantly lowers Lazard’s 2025 cap hit from $13.2 million to $4.6 million, improving the Jets' financial flexibility.
  • Under the new terms, Lazard will become a free agent in 2026, altering the original four-year, $44 million deal he signed in 2023.
  • The revised contract makes a potential trade for Lazard more feasible, depending on the Jets' evolving roster needs and quarterback situation.
  • Jets General Manager Darren Mougey expressed optimism about Lazard remaining with the team under the new deal, citing its benefits for both parties.

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