Reports had indicated New York wanted Crowder to take at least a 50 percent pay cut from his slated $10 million base salary in 2021, so it appears the two sides were able to reach an agreement.
Rapoport says the Jets have plans to keep Crowder on the team in 2021 with the veteran set to hit free agency in 2022.
Crowder, 27, is a former fourth-round pick by Washington back in 2015. He played out the final year of his four-year, $2.825 million contract and made a base salary of $705,000 for the 2018 season.
Washington allowed Crowder to leave as an unrestricted free agent and he signed a three-year, $28.5 million deal with the Jets.
In 2020, Crowder appeared in 12 games for the Jets and caught 59 passes for 699 yards (11.8 YPC) and six touchdowns. He also had one rush attempt for 14 yards.