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Quarterback Patrick Ramsey, acquired by the New York Jets earlier this spring to compete with the rehabilitating Chad Pennington for the starting job, has signed a one-year contract extension.
Ramsey
The extension, first reported by the New York Daily News, had been under discussion since the Jets added Ramsey in a deal with the Washington Redskins for a sixth-round draft choice. The add-on is worth $2.1 million and includes a $1.4 million roster bonus next spring.
The team also made a slight adjustment in Ramsey's contract for this season, converting $250,000 of his scheduled $1.688 million base salary into a roster bonus that was paid on June 30. Without the extension, Ramsey would have been eligible for unrestricted free agency next spring, because this year represented the final season of his original rookie contract, signed in 2002.
Ramsey
The extension, first reported by the New York Daily News, had been under discussion since the Jets added Ramsey in a deal with the Washington Redskins for a sixth-round draft choice. The add-on is worth $2.1 million and includes a $1.4 million roster bonus next spring.
The team also made a slight adjustment in Ramsey's contract for this season, converting $250,000 of his scheduled $1.688 million base salary into a roster bonus that was paid on June 30. Without the extension, Ramsey would have been eligible for unrestricted free agency next spring, because this year represented the final season of his original rookie contract, signed in 2002.
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