We noted earlier this week that Giants running back Brandon Jacobs was willing to restructure his contract. Now he has.
Ralph Vacchiano of the New York Daily News reports that Jacobs agreed to what is being called a “small restructure” of his contract.
The deal reportedly involves Jacobs taking a cut to his base salary for 2011, but he can earn the money back if he reaches certain incentives. The contract will not change his 2012 salary.
Jacobs agreeing to a cap-friendly restructuring makes it more likely that the Giants will be able to re-sign his backfield mate, Ahmad Bradshaw.