Jets linebacker Demario Davis took a $2.7 million pay cut in order to help facilitate the trade that brought him back to New York, according to Field Yates of ESPN.
Davis, who was set to earn $3.7 million in the final year of his contract, will now make $1 million this season. This includes a $100,000 signing bonus and a $900,000 base salary. He can also earn $1.225 million in incentives.
Davis re-structured his contract at the time of the June 1 trade.
He was re-acquired by the Jets in exchange for safety Calvin Pryor, who was sent to the Cleveland Browns.
With the release of David Harris, Davis is now the favorite to take over as the team's starting Mike linebacker, with Darron Lee serving in the weak-inside slot.