Jenkins' restructured contact includes a two-year, $16.75 million extension that will keep him in New Orleans through 2022, Ian Rapoport of NFL Network reports. Jenkins initially carried a $11.25 million cap hit for 2020, but the Saints were able to reduce that number with the extension and open up more cap space in the process. As a result, the remainder of his contract is now functionally a three-year, $27 million deal that includes $10.2 million guaranteed. Since all the guaranteed money is due in 2020, the Saints can cut Jenkins with no financial repercussions in 2021 or 2022 if his performance dips.
Jenkins and the Saints agreed on a re-structured contract Monday, Field Yates of ESPN reports. The specifics surrounding the new deal remain unclear, but with Jenkins set to count $11.25 million against the cap, the team found a way to create cap space. After the 31-year-old cornerback joined the Saints in Week 16, he started two of three games (including playoffs) and appears in line for a similar role again in 2020.
Jenkins recorded seven tackles (five solo) and an interception in just two appearances for New Orleans in 2019. Jenkins was snagged off waivers by the Saints after the Giants cut him for using a slur on Twitter, and he appeared in two regular-season contests for New Orleans. He was solid in those contests, and he played an important role in the Saints' first-round playoff loss, recording eight tackles (three solo) and a forced fumble. He's under contract through 2021, though his $10.15M salary for 2020 is non-guaranteed, and the Saints could cleanly cut ties with him in the offseason. He has 23 career interceptions in eight NFL seasons (including five in 2019), and his proven track record may entice the organization to keep him around for the final year of his deal.
Jenkins produced five tackles (all solo) and an interception in the Saints' 42-10 win over the Panthers on Sunday. Jenkins snagged his first interception as a member of the Saints, picking off Kyle Allen in the end zone just inside the two-minute mark of the contest. He should provide some solid depth and veteran leadership in New Orleans, especially as the team heads into the postseason.
The Giants waived/injured Jenkins (ankle) on Friday, Michael Elsen of the team's official site reports. Jenkins is nursing an ankle injury sustained during Monday's loss to the Eagles, the severity of which prevented him from practicing in any capacity this week. The Giants' decision to part ways with Jenkins stems from his inappropriate Twitter exchange with a fan earlier this week, which included the use of a slur. Coach Pat Shurmur said, "Obviously, what happened this week, and the refusal to acknowledge the inappropriate and offensive language, was the determining factor." Jenkins started 13 contests in New York this season, notching 54 tackles (45 solo), 14 defended passes and four interceptions.
|1||09/13||Tampa Bay Buccaneers||16|
|2||09/22||@Las Vegas Raiders|
|3||09/28||Green Bay Packers||12|
|5||10/13||Los Angeles Chargers||28|
|9||11/09||@Tampa Bay Buccaneers||16|
|10||11/15||San Francisco 49ers||11|
|15||12/20||Kansas City Chiefs||32|