According to Over The Cap, Lazard has renegotiated his contract in new York and will stay after taking a decent pay cut. “The Jets and wide receiver Allen Lazard have come to te

Allen Lazard has agreed to a restructured contract with the Jets, according to overthecap.com. The veteran receiver is taking an $8.5 million pay cut in his revised deal.

The Jets and Lazard agreed on a revised contract that has Lazard taking an $8.5 million pay cut, according to Over The Cap. Lazard had been scheduled to make $11 million in 2025, which made him a likely cut for the Jets. The revised deal cuts the guaranteed portion of his salary to $1.75 million. His base salary is $2.25 million.