Randall Cobbs Contract

Is it inevitable that the Texans are going to have to find a way to rework his contract? I understand there is a lot of season left for him to prove us wrong, but I have a feeling there is going to be a large disparity between his price tag and production. His contract is so clunky and allows for so little flexibility next year.

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Can someone with knowledge of how reworking contracts works, explain what our options as a team are?