After Ryan Fitzpatrick's one year, $12 million contract was announced, there were questions about how the Jets would pay for it. The team did not have $12 million in salary cap space. Would somebody have to be cut to make room? The answer seems to be no now that we have some particulars on the contract.
Jets QB Ryan Fitzpatrick's deal is for 2 yrs, with voidable (see: phony) 2017. $10M to sign, $2M base. Cap hit = $7M; $5M in dead $ for '17.— Albert Breer (@AlbertBreer) July 28, 2016
This deal utilizes the complexity of the salary cap. Rather than getting bogged down with the nuances, here is the bottom line. Even though Fitzpatrick's contract is for one year, the cap hit will be spread out over two seasons. He will count $7 million against the cap this year and $5 million against the cap next year for the Jets.