Patriots Ask Chad OchoCinco to Restructure His Contract
If this guarantees Ocho can stay on the roster next year, he should consider it.
Especially if the money is pushed forward.
With a base salary of $3 million due in 2012 and a base salary of $3 million due in 2013, and with Ochocinco doing nothing in 2011 to justify such compensation, it’s no surprise that the Patriots want to adjust the deal.
Liz Mullen of SportsBusiness Journal reports, and PFT has confirmed, that the Patriots have approached Ochocinco regarding the possibility of restructuring the contract.
It’s unknown at this point whether the Patriots wish to do a “simple restructuring,” which would give him up to $2.075 million in the form of a signing bonus and drop his 2012 cap number by up to $1.0375 million, or whether the Pats want Ochocinco to roll back his base salary to a lower amount.