The deadline has passed on the possible cutting of Santonio Holmes and his cap hit has nearly doubled from $7.75 million to $15.25 million for being on the roster today.
The Jets’ financial commitment to Holmes practically doubled on Wednesday, meaning they’re locked into him for $15.25 million in guarantees. A $7.5 million guarantee (most of his 2013 salary) was triggered by being on the roster after the second day of the waiver period, which was Tuesday.
Holmes already was guaranteed his 2012 salary, $7.75 million, the second year of the five-year, $45 million contract he signed last summer.
Whether you love him or hate him he will be a member of the Jets in 2012.