Faneca refused to take a pay cut

As it turns out, guard Alan Faneca could have stayed with the Jets, if he’d simply been willing to reduce his salary of $7.5 million.

Per a league source, Faneca refused.  And so he’s gone.

The tampering rules notwithstanding, Faneca’s agent presumably gauged the market to see if Faneca could get a better deal elsewhere.  If so, look for Faneca to land with a new team soon.