According to ESPN's Field Yates, the 28-year-old veteran's new contract will result in him making $1 million less than originally agreed upon in the second and final year of his deal:
Ian Rapoport of NFL Network (via Kevin Patra of NFL.com) confirmed the deal, citing a "source who has seen the deal."
After four campaigns with the Jacksonville Jaguars, Shorts signed with the Texans last offseason. He missed five games due to injury in 2015, however, and finished with his worst production since his rookie year with 42 receptions for 484 yards and two touchdowns.
Injuries have been Shorts' Achilles' heel so far during his career, as he has never played in more than 14 games in a single season.
He can be dynamic when healthy, though, as evidenced by his 55-catch, 979-yard, eight-touchdown campaign in 2012.
As things currently stand, Shorts' place in Houston's receiving corps is tenuous at best. DeAndre Hopkins is the unquestioned go-to guy, while rookie first-round pick Will Fuller and rookie third-round pick Braxton Miller figure to have roles in the offense. Also, young pass-catchers Jaelen Strong and Keith Mumphery should continue to emerge.
One factor working in Shorts' favor is the notion that he sets a good example for those around him, which is what Hopkins intimated to John McClain of the Houston Chronicle:
Cecil's a guy that's going out there and giving you his all. Even if he's hurt, he's going out there. You'll have to tell him to go on the sideline and get checked out. ... He's a hard worker. He definitely makes me work harder every day. He doesn't complain about anything, even if he's not getting the ball. He does his role to the best he can.
Provided quarterback Brock Osweiler continues to develop as expected, Houston has a chance to have a far more consistent and dangerous air attack in 2016 than it did last season with Brian Hoyer under center.
Shorts could be a sure-handed part of that provided he can remain healthy, and agreeing to a pay cut likely increases his chances of making the team significantly despite the amount of competition he faces.
Follow @MikeChiari on Twitter.