Pelissero adds Williamson has $1 million guaranteed and can make up to $5 million with incentives. The Jets can save $3 million in cash and $3.75 million in cap space.
Williamson was set to make a base salary of $6.5 million for the 2020 season.
The veteran’s name had come up on the trading block earlier this year so this helps ensure he can stay in New York for the 2020 season. He missed the entire 2019 season with a torn ACL.
Williamson, 28, is a former fifth-round pick of the Titans back in 2014. He played out his rookie contract with Tennessee before agreeing to a three-year, $22.5 million contract that includes $16 million guaranteed with the Jets.
In 2018, Williamson appeared in all 16 games for the Jets and recorded 120 tackles, three sacks, an interception, two forced fumbles and six pass defenses.