Cromartie told teammates he expects the Jets to release him, but that he hopes to re-sign after testing the market.
Cromartie has a $5m roster bonus due in March so restructuring his current deal isn't a viable option, unless it were the kind of long-term big money extension that he's no longer realistically going to be able to command.
Cromartie signed with "Super Agency" CAA a couple of years ago, presumably in hopes of attaining a massive payday at the end of his current contract. However, his struggles this year, coupled with uncertainty over whether the hip issues that slowed him down this year will continue to bother him going forward probably mean that the best he can hope for now is an incentive laden deal with no long-term commitment. It's refreshing to see that he is apparently aware of the situation though, because it's often the case that nobody wins when players enter into a negotiation with unrealistic expectations.