Field Yates reports Jets linebacker Demario Davis agreed to take a paycut in conjunction with the trade that brought him back to the Jets.
Source: upon being traded to the Jets, LB DeMario Davis took a pay cut from $3.7M. Got $100k to sign, a $900k base, $1.225M in incentives.— Field Yates (@FieldYates) June 14, 2017
The exact cap savings cannot be calculated on that information alone. It depends on what types of incentives Davis got.
Initially it looked like the Jets got the older, lower upside, more expensive player in their trade of Calvin Pryor to the Browns for Davis. They still got the older, lower upside player. After this, the finances are probably somewhere between a wash and minor savings.
Does that make the deal worth it? If you want my opinion, I would answer no. The Jets needed to leave the deal with a Draft pick to make it worth the move. Davis probably isn’t going to be on the team in 2018.
I guess this at least makes the trade less bad even if only slightly so. That’s something.