The contract is worth $965,000 with an $80,000 signing bonus and $230,000 in guaranteed money, per Tom Pelissero of USA Today.
He rejoins a crowded depth chart at the position that also includes Jace Amaro, Zach Sudfeld, Adrien Robinson and Brandon Bostick.
Davis, 30, caught just three passes for 18 yards and a touchdown in 2015 with the Jets. He started nine games for the team and appeared in all 16 contests.
While he isn't a threat in the passing game—his high in receptions (19) and receiving yards (229) came with the Chicago Bears in 2012—he's carved a role for himself in the NFL as a solid inline blocker.
Last year's leading receiver at the tight end position for the Jets, Jeff Cumberland—who only caught five passes for 77 yards—was cut by the team this offseason. The hope will be that Davis can combine with Amaro, who missed all of 2015 with a torn labrum, to form a nice combination at tight end and H-back.
Quincy Enunwa filled the H-back role for the Jets last season.
Whereas Davis is a solid blocker but isn't much of a threat in the passing game, Amaro is a weapon down the field but isn't suited to being an inline blocker. Davis isn't a lock to make the final roster, however, as Sudfeld will also compete to earn snaps after missing all of 2015 with a torn ACL.
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