Searcy agreed to reduce his 2017 base salary from $5.625 million to $3.4 million, ESPN.com's Field Yates reports.

Searcy also accepted a pay cut from $6.125 million to $3.8 million for 2018, with the ability to recover up to $750,000 through incentives in both years. He's been a disappointment since signing a four-year, $23.75 million deal with the Titans in 2015, recording 95 tackles and two interceptions in 29 games (27 starts). With Johnathan Cyprien signed in March and 2016 third-round selection Kevin Byard hoping to take on an expanded role, Searcy could face serious competition for a starting job.

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