The Jets continue their salary cap savings as they have officially released Santonio Holmes. The team announced the move on Twitter earlier today.
As with the release of Antonio Cromartie yesterday this was an expected move. Holmes would have been owed a $1 million roster bonus if he would have been on the roster on March 13, instead the Jets released him and freed up $8.25 million in immediate cap relief.
Holmes made some big time contributions when he first arrived with the Jets, but between the way the 2011 season ended and the injuries he was nowhere near the same player the Jets originally traded for and the Jets wisely decided to move on much to the delight of most of the Jet fan base.
After signing a five-year, $45 million contract everything went downhill as he clashed with teammates and even more so with then offensive coordinator Brian Schottenheimer during the 2011 season leading to the fracas in Miami.
Holmes suffered a Lisfranc injury that ended his 2012 season and even when he returned in 2013 he never seemed fully healthy before the team shut him down for good. With this move becoming official the Jets will now have to make sure the go out and sign a couple of the receivers on the market that they covet along with drafting a receiver or two.
There are plenty of options out there that can exceed Holmes’ recent production and future expectations and the Jets now get an extra $8.25 million to go shopping with, leaving with just over $39 million in cap space with the release or restructuring of Mark Sanchez’s contract we’re all still waiting on.