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Seahawks' Julius Jones Takes Paycut, Avoids Being Released

Yesterday, ESPN's Adam Schefter reported that Julius Jones would be a late casualty of roster cuts, with a move coming as soon as today. In the wake of that report, Jones restructured his contract and took a pay cut, saving his job with the Seahawks.

Schefter confirmed today that Jones will indeed be on the final 53-man roster because of his willingness to take less money.

Seahawks RB Julius Jones saved his job by taking a paycut. The plan, which multiple people confirmed, was to cut him. Paycut saved job.less than a minute ago via ÜberTwitter

 

It's clear the Seahawks are looking to get money off the books after releasing T.J. Houshmandzadeh and eating more than $6 million because of it. Luckily for Jones, he's still employed, albeit at a much lower salary.