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Jets | Martin restructures contract

Rich Cimini, of the New York Daily News, reports the New York Jets quietly renegotiated RB Curtis Martin's contract to cover themselves in the event that he doesn't play this season because of his knee injury. Martin was scheduled to earn $2.5 million in base salary, but he signed a "split" contract last Wednesday that reduces his 2006 salary to $810,000, the veteran's minimum. If he's placed on season-ending Injured Reserve, which seems more likely with each passing day, his salary would drop to $475,000. One person familiar with the reworked contract described it as a good-faith gesture by the Jets, surmising that it were a player of lesser stature, the club probably would cut him without having to pay anything. Jets' head coach Eric Mangini continues to says there has been no change in Martin's status.

2006-08-22 05:40:40 | Source:

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