According to ESPN's Bill Williamson, the former No. 3 overall pick can potentially earn up to $5.2 million under his new deal, which includes a "much more manageable salary-cap number."
The latest revision marks Jackson's second restructuring with the Chiefs. The first alteration occurred last offseason, when the defensive end agreed to void the final year of his original contract (2014).
Jackson's previous renegotiation resulted in a swollen 2013 base salary of $14.7 million—the third-largest figure in the league, ranking only behind quarterback Peyton Manning and cornerback Nnamdi Asomugha.
Obviously, No. 94's on-field production deemed the $14.7 million payday as ludicrous, and Jackson would have been wheeling luggage to the unemployment line if he refused to trim the number.
However, retaining the run-stuffer's services for a sizable discount is another achievement for general manager John Dorsey.
As the No. 3 selection in the 2009 draft, Jackson's underwhelming career stat line (113 tackles, five sacks, no turnovers) justifies the voices of his critics (via Pro-Football-Reference).
But in reality, the seeds for his criticism were planted by former Chiefs general manager Scott Pioli. Jackson's failures are amplified because he was a top-three selection, which is more of an indictment of Pioli's decision-making than Jackson's performance.
A top-three draft pick is expected to take the helm of a misguided ship, then spin the wheel like a juiced Price is Right contestant until the vessel U-turns. Thus far, Jackson has looked like the token, no-neck powerlifter whose F5-like spin initially woos fans, only for the wheel to slowly retreat back to ground zero.
But Kansas City's defensive end should have never carried the burden to begin with.
By most accounts, Jackson's scouting report(s) sprouted mid-to-late first-round projections. If the 2009 draft even vaguely mirrored the majority of mocks before it, his career output still wouldn't measure up to the standards set before it. But his all-time approval rating wouldn't currently look like an Everest slope, either.
By announcing the defensive end's name with the No. 3 overall pick, Pioli hurled Jackson's bar of expectations like a javelin and landed it atop a ceiling of delusions.
However, in 2009, Chiefs fans were sold on the impression of Pioli arriving in town as a scouting-world visionary. Since then, Kansas Citians have concluded that his previous success should have primarily been attributed to the masterminds surrounding him. As a result, Jackson's initial expectations have parachuted back down to reality, and fans no longer anticipate game-changing performances from No. 94.
Jackson has recently flashed signs of improvement, though. In the latter half of the 2012 season, ex-head coach Romeo Crennel experimented with the defensive end in passing scenarios. Throughout his first 53 career contests, Jackson posted a measly total of two sacks; in his last six games, he delivered three (via Pro-Football-Reference).
But more importantly, he lines up with four years of experience as a run-stuffing 3-4 defensive end.
Jackson's renewed pledge answers another offseason riddle and spares more time for Dorsey to scout other positions as the NFL draft approaches.
By all indications, there's little doubt that Dorsey puts his spare time to good use.
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