Brandon Marshall, Jets Restructure Contract

10:10am: Rich Cimini of ESPNNewYork.com has an interesting note on the timing of the new deal (via Twitter). Multiple teams showed interest in Marshall when he was shopped by the Bears, and the Jets agreed to sweeten the wideout’s contract to earn an advantage in trade negotiations.

The two sides had to wait until May 22nd, the one year anniversary of Marshall signing his extension with Chicago, to give the receiver a raise.

9:41am: After having traded for the Pro Bowler this past offseason, the Jets have agreed to rework wideout Brandon Marshall‘s contract. According to ESPN.com’s Field Yates, the two sides have agreed to a new three-year, $26MM contract, with $1.3MM in fully guaranteed money. Marshall’s previous contract called for the wideout to earn $24.3MM over the next three seasons.

Yates has the yearly breakdown for the new contract. Marshall’s 2015 salary includes a full-guaranteed base salary of $9MM, but with no workout bonus. Marshall was originally owed $7.5MM this upcoming season, with a $200K workout bonus.

Marshall’s 2016 base salary is now at $9.5MM (only guaranteed for injury), up from the $7.9MM he was originally set to make. His 2017 salary dropped from $8.3MM (not including a $200K workout bonus) to $7.5MM. There is also a $700K de-escalator clause if the team wins a Super Bowl.

Marshall had one of the least productive seasons of his career in 2014, finishing with 61 catches for 721 yards and eight touchdowns. Nonetheless, the 31-year-old still placed 26th among 110 candidates in Pro Football Focus’ wide receiver rankings (subscription required).

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