In 2004, Faulk split time with rookie Steven Jackson and played in 14 games and rushing for 774 yards. In February 2005, Faulk agreed to a restructured contract to reduce his contract cap number. He was scheduled to make about $7.5 million in 2005. In the new contract received a total of $6 million in the next two seasons and a $2 million signing bonus was included. The 2005 season was Faulk's last in the NFL. He rushed for only 292 yards on 65 carries and caught 44 passes for 291 yards and one touchdown. This marked the only time in his career where he did not have a rushing touchdown.