Pressed against the salary cap, the New York Jets have restructured the contract of kicker Nick Folk.

They converted $1.78 million of Folk's $2.5 million base salary into signing bonus, according to ESPN NFL Insider Field Yates. The move creates $1.19 million in cap space for 2015. The downside is that it pushes $593,000 onto the Jets' cap in each of the next two seasons.

It raises Folk's cap numbers to $3.28 million and $3.59 million in 2016 and 2017, respectively.