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Jets G James Carpenter restructures contract to create cap room

BOCA RATON, Fla. -- Hurting for cap space, the New York Jets restructured the contract of an offensive lineman, but it wasn't D'Brickashaw Ferguson.

They created $2.46 million in salary-cap room by re-working the contract of left guard James Carpenter, according to ESPN NFL Insider Field Yates. It was a routine restructuring. All they did was convert $3.69 million of his $4.45 million base salary into a signing bonus, lowering his base to $760,000.

It was easy bookkeeping because Carpenter's base pay was guaranteed anyway; it became guaranteed on the third day of the league year.