The New York Jets and quarterback Ryan Fitzpatrick ended their five-month contract dispute on Wednesday. The two sides finalized a one-year, $12 million contract on the eve of the team's first training-camp practice, sources told ESPN NFL Insider Adam Schefter.
The deal also includes another $3 million in incentives, which could boost the value to $15 million, a source told Schefter.
Sources told Schefter the Jets increased their offer Wednesday from $8 million to $12 million and gave Fitzpatrick until 7 p.m. ET to take the deal or the team would be "moving on." The team drafted Christian Hackenberg and Nick Foles recently became available, which perhaps helped Fitz agree to terms. FitzMagic threw for 3,905 yards last year including 31 TDs, which made him the #11 QB on the year. Matt Forte is an added weapon at RB along with WRs Brandon Marshall and Eric Decker, so Fitzpatrick should again find himself as a high-end QB2 (or better) this year. The signing provides a bump to both Brandon Marshall and Eric Decker, who finished #3 and #14, respectively, in PPR formats last year.