Pace started all 16 games last season, and tallied three sacks, one forced fumble and one fumble recovery. Pace has only accumulated 13 sacks in the last three seasons.
Pace had previously signed a six-year, $42 million ($22 million guaranteed) with the Jets in 2008. The Jets had released him in February.
This doesn't come as a surprise after last week's revelation about Pace's imminent re-signing with the Jets by our own Jake Steinberg. The Jets cut Pace because of the salary cap number and since then, the market for his services has been light.
Adding Pace back to the roster alongside Antwan Barnes has its benefits, but also could create a logjam. Historically, Pace has been a stout run-stuffer while being negligible at best against the pass. In 2012, his ability to stop the run got much worse, so it begs the question of how the Jets see this playing out. Maybe he could play better in his respective area of strength if he didn't have to play every down. One other benefit of adding Pace is that he can be a versatile player along the defensive front, shuttling in and out of different spots -- albeit with varying results.
While both Barnes and Pace could do in a pinch as a starter, it could be that the Jets expect Pace to be a platoon player with Antwan Barnes on rushing and passing situations. It might end up being a good arrangement..
If that is the case, then the other OLB spot is still unsettled. Ricky Sapp is an intriguing prospect on the roster -- much more athletic and versatile than Garrett McIntyre, but the Jets have been linked to defensive ends and pass rushers regularly through the draft process. Jones, Mingo, Jordan and others are often mentioned in connection with the Jets. Adding Pace to the roster will allow the Jets to not feel pressured to reach for a DE/OLB, but while the contract details haven't been announced, we'd imagine that should they draft some better options, they wouldn't feel beholden to keeping Pace for the full season.