With the disappointing season Chad Ochocinco had with the Patriots in 2011, it wouldn’t have been a surprise if New England cut ties with Ochocinco, especially considering the organization will have to pay him $3.1 million for each of the next two seasons. In fact, it probably would have been more surprising if Ochocinco actually took the field (or was inactive but on the roster) for the Patriots in 2012. Now, though, it seems like the Patriots might want Ochocinco back, as Liz Mullen of the Sports Business Journal reports New England has approached Ochocinco about restructuring his contract. Source: CBS Sports
I figured it was a forgone conclusion that he would be cut. Maybe they're thinking with an offseason to learn the playbook he'll do better.
Maybe restructuring like 'per pass'. That way it'll only cost them about $1,500.00. Well worth the investment then.