The New York Jets have reportedly created a significant amount of cap space through a contract adjustment following the trade for star quarterback Aaron Rodgers.

The New York Jets have apparently made a major move in cap space management less than a day after announcing the trade hammering for quarterback Aaron Rodgers.

As NFL insider Ian Rapoport reports, the franchise will take the already guaranteed $58.3 million option bonus in the 39-year-old’s contract for the upcoming season and convert it to a signing bonus, creating a full $43.7 mil. Dollars in salary cap space. Rodgers’ cap hit for the upcoming season thus drops to just $15.7 million.

Rapoport added that the new franchise star is scheduled to take his medical as early as Wednesday, making the trade official before the start of the draft (April 16-18).

In last year’s offseason, the four-time MVP signed a new three-year, $150.8 million contract with the Green Bay Packers and remains under contract for a total of four seasons through and including the 2026 season.