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.