The Jets on Sunday announced their trade for Broncos left tackle Ryan Clady. Denver receives the Jets’ fifth-round pick in this month’s draft (No. 157 overall) and the Jets get the Broncos’ seventh-rounder (No. 235).

Clady, who had two years and $19.5 million left on his previous contract, reportedly agreed to a one-year deal with the Jets that includes a base salary of $6 million, $3 million of which is guaranteed. It includes incentives for 2016 that would increase his pay to $7.5 million. There also is a team option for 2017 at $10 million in base pay, but that figure could go up to $13 million if Clady hits his incentives.

The Jets’ ability to rework Clady’s contract was aided by left tackle D’Brickashaw Ferguson’s retirement. On Saturday, the 10-year veteran and Freeport native announced his decision to walk away from the NFL at age 32, a move that saved the Jets $9.1 million in salary-cap space.

Clady, who will turn 30 Sept. 6, was the 12th overall pick in 2008. The four-time Pro Bowler has had issues with durability, however. In the past three seasons, he missed 30 of the Broncos’ 48 regular-season games because of a Lisfranc foot injury in 2013 and a torn ACL last offseason. Before that, he started all 83 of their games (including playoffs) and earned his first Pro Bowl selection in 2009. (Coincidentally, Clady was picked behind Ferguson in 2011.)

“Ryan was a great Bronco who made a tremendous impact on our team during his eight seasons in Denver,” general manager John Elway said in a statement. “In addition to becoming a Pro Bowl player, he was such a positive presence in our locker room and community. Our organization thanks Ryan for his many contributions and wishes him all the best in the next chapter of his NFL career.”

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