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Player Contracts
February 25, 2013Jets Will Try to Restructure Holmes' Contract
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The Jets are reportedly trying to restructure the contract of WR Santonio Holmes, who's scheduled to make $11.25M ($7.5M guaranteed) in 2013. The Gang Green have already dumped several veterans, including LB Bart Scott, LB Calvin Pace and S Eric Smith, creating close to $31M in cap relief that put them about $5.7M below the salary cap.
May 3, 2012Jets Sign Stephen Hill To 4-year Deal
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WR Stephen Hill, who was drafted by the Jets in the second round of this year's draft, agreed to a 4-year deal worth around $5M, which includes $2.8M in guaranteed money. The Gang Green traded up to select Hill, giving up 5th and 7th round picks to move up four spots in the second round to select him.
The Peyton Manning sweepstakes are over for the New York Jets, as the team gave QB Mark Sanchez a 3-year $40.5M contract extension, keeping him under contract through 2016. The deal includes $20.5M in guarantees for 2012, bringing his total over five years to $58.25M, according to sources. He can make an additional $10M in escalators.
August 2, 2011David Harris Receives Contract Extension
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The New York Jets just announced that MLB David Harris was given a contract extension. The team placed franchise tag on Harris back in Ferbuary, making his salary cap number for this year $10,190,000. The new deal will definitely lower this number, giving the Jets so much needed cap room to sign more players. The new deal is $36M for 4 years, which includes $29.5M in guaranteed money, which is the largest guaranteed amount in history for an inside linebacker.
July 31, 2011Jets Sign Last Draft Pick, Closing In On Cromartie
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All six draft picks are now under contract and will be in camp, as the New York Jets agreed on a deal with NT Kenrick Ellis. Ellis, 6'5", 345 lbs, was drafted to eventually replace retired NT Kris Jenkins. Many expected him to be drafted earlier but Ellis' legal problems put some teams off. The Gang Green, as it's been the case lately, took a chance and grabbed Ellis in the 3rd round (#94 overall).
July 30, 2011Jets Sign First Round Pick, Make Offer To Ihedigbo
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The Gang Green reched a contract agreement with their first round draft pick (#30 overall), DE Muhammad Wilkerson. The deal is $7.4M for 4 years, which includes a $3.9M signing bonus. The first three years of contract are guaranteed.
July 29, 2011Jets Redo Multiple Contracts, Sign Two Draft Picks
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According to the latest reports, the Jets have restructured the contracts of LB Calvin Pace, OG Brandon Moore, LB Bart Scott and RB LaDainian Tomlinson. We don't know the numbers yet, but the main purpose of these moves is definitely to create more salary cap room to sign CB Nnamdi Asomugha. It also seems like the Dallas Cowboys have emerged as the new contestant for Asomugha's services.
February 23, 2011David Harris Signs Franchise Tender
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According to ESPN.com, MLB David Harris signed his franchise tender Wednesday night, becoming the third player to do so in the past 24 hours. This comes at a time when the NFLPA has claimed the tags don't and won't exist. Harris' franchise number projects at between $10.1 and $10.5 million, depending on what the NFL determines, according to the source.
February 6, 2011Jets Plan To Franchise David Harris
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According to a report on ESPN.com, the New York Jets will most likely use their franchise tag on MLB David Harris whose contract expires at the end of this season. The linebacker franchise tag number last season was $9.6M, but Harris would obviously like a long-term deal. If franchise tags are allowed -- and the NFLPA plans to battle that -- the Jets will restrict the 27-year-old Harris but will allow starters WR Santonio Holmes and WR Braylon Edwards to test the free-agent market.
The New York Jets reached an agreement in principle with CB Darrelle Revis, ending his 36-day holdout. According to various sources, Revis will sign a 4-year contract worth $46M, which includes $32M in guaranteed money.
September 2, 2010Clemens Agreed to a Salary Reduction
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With the idea of staying on the team, quarterback Kellen Clemens agreed to a salary reduction and will remain as a backup for Mark Sanchez this season, something to consider if you are a football betting fan, especially if Sanchez gets hit or something.
August 23, 2010Jets Reach Agreement With Mangold
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All Pro C Nick Mangold has reportedly reached an agreement to sign a 7-year contract extension worth $55M. The amount of guaranteed money was still being negotiated but is expected to be more than the $20M Rams C Jason Brown received last year.
According to various sources, the New York Jets are close to extending the contract of C Nick Mangold, who is widely regarded as one of the best, if not the best, centers in the NFL. The new deal will likely will make Mangold the highest-paid center in the league.
July 31, 2010Kyle Wilson SIgns, Will Be In Camp Tomorrow
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The New York Jets have reportedly agreed on a deal with CB Kyle Wilson, their 1st round (#29 overall) draft pick. In 50 games at Boise State, Wilson started the last 45 contests as cornerback, recording 160 tackles (126 solo) with 2.0 sacks for minus-12 yards, 10 stops for losses for minus-31 yards, 2 forced fumbles and one fumble recovery. He also defected 27 passes and intercepted 11 others for 139 yards in returns (12.6-yard average) and 2 TDs.
July 7, 2010D-Brick Gets Contract Extension, Ducasse Signed
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The New York Jets reached an agreement with OT D'Brickashaw Ferguson for a 6-year contract extension worth $60M. Ferguson had two years remaining on his initial contract, so he now will be tied to the Jets for eight years and $73.6M. The guaranteed money is $34.8M, which is a record for an offensive lineman.
The New York Jets signed 5th round pick FB John Conner to a 4-year, $1.99M deal that included a $199,000 signing bonus today. The contract has an escalator in the fourth year that could make the value of the deal worth $2.73M.
According to the Sporting News, the Jets might actually benefit if CB Darrelle Revis, who skipped yesterday's OTA, holds out from non-voluntary practice sessions. Revis' original contract voids after the 2010 season, the Gang Green can buy back the 2011 and 2012 seasons for $5M and $15M, respectively - and that money is guaranteed. However, if Revis holds out, he will lose the guaranteed money, giving the Jets some leverage in negotiating a new deal.
June 3, 2010Revis Unhappy With Contract Talks, Holds Out From OTA
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According to a league source, CB Darrelle Revis held out of Thursday's offseason training activity because he is unhappy with the progress of talks to rework his contract. He is set to make $1M in the fourth year of the six-year deal he signed as a rookie, but recently stated that he expects to make more than $15.2M a year, which is what Oakland CB Nnamdi Asomugha makes, as he wants to be the highest-paid cornerback in the game.
May 18, 2010Revis' Agents Deny $20M Per Year Contract Demands
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According to the New York Post, CB Darrelle Revis' agents, Neil Schwartz and Jonathan Feinsod, denied the recent report that claimed their client's new contract demands to be around $20M/year. The original story written by Mike Lombardi of the National Football Post created quite a stir among Jets fans. "We have never spoken to Mike Lombardi -- ever, not even when he worked for the Raiders," Feinsod told The New York Post. "Where he's getting his information I don't know, but it's not coming from our side."
May 13, 2010Mangold and Revis Expect Contracts, Ellis Won't Get One
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Both CB Darrelle Revis and C Nick Mangold are looking to get their contract extensions signed before the start of regular season.
March 1, 2010No New Deals For Revis And Mangold
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According to the Star Ledger, CB Darrelle Revis and C Nick Mangold will probably have to wait until the 2010 season is over before they receive their contract extensions. Jets GM Mike Tannenbaum met with the representatives of both players at the NFL Scouting Combine, but a new deal isn't imminent for either player, according to two people with knowledge of the talks who spoke on the condition of anonymity because they're not authorized to speak publicly.
The Jets and WR Braylon Edwards are still far apart on contract talks, as the wide receiver wants a long term deal, while the Gang Green want to see Edwards to dedicate himself to the team’s offseason program and become more consistent in 2010. Edwards, who had 6 drops in regular season, caught 35 passes for 541 yards and 4 TDs in 12 games with the Jets. He is a restricted free agent and the club is expected to give him a 1-year tender offer of slightly more than $5M.
September 9, 2009Mike DeVito Back At Practice, Signs Contract Extension
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DE Mike DeVito was back at practice this morning, as the Jets were preparing for the season opener against the Houston Texans. DeVito, who's nursing a hamstring injury, is expected to start against Houston in place of suspended DE Shaun Ellis.
June 15, 2009Sanchez' Contract Details, Last Pick Signs
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The New York Jets have announced that they have signed third-round draft choice RB Shonn Greene. Greene, 5'11", 227 lbs, from Iowa was selected at #65 overall. In his final collegiate season, he set the school single-season record with 1,850 yards on 307 carries (6.0 yards/carry), and scored 20 TDs. The terms of Greene's contract were not disclosed.
June 10, 2009Jets & Sanchez Reach Contract Agreement
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The New York Jets have announced that they signed their first round draft pick QB Mark Sanchez to a 5-year deal. The contract is reportedly worth around $50M, which includes $28M in guaranteed money.
RB Leon Washington is back with the team today and participating in offseason workout program. According to his agent, Alvin Keels, "Leon is excited about finishing the off-season program off strong and is very much "hopeful" that we can come to terms on a fair market deal."
May 19, 2009Jets Ink Slauson. Jones Back Next Week?
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The New York Jets signed OL Matt Slauson to a 4-year contract contract. The University of Nebraska graduate became the first player from the Jets' 2009 Draft class to sign with the Gang Green. Slauson, 6'5", 316 lbs, was selected in the 6th round (#193 overall) and is expected to be a backup this season.
May 13, 2009Some Hope In Washington's Situation
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According to RB Leon Washington's agent Alvin Keels, some progress has been made in negotiations between him and the New York Jets. Keels' message on twitter was that "everything will be fine. Myself and Mike T will put our heads together and continue to work."
May 12, 2009Jets Re-sign Franks, Leon Unhappy With $$$
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The New York Jets re-signed TE Bubba Franks to a 1-year contract. Franks, 31, signed with the Gang Green last year as a free agent after spending the previous 8 seasons with the Green Bay Packers. He played 8 games for the green and white, making only 6 receptions for 47 yards, 0 TD.
September 11, 2008Baker Gets Contract Extension
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The New York Jets have signed TE Chris Baker to a contract extension. The new deal is reportedly for 3 years that will pay Baker $12.2M, including $9M in guaranteed money if he if he plays in half the team's offensive plays this season. Baker could also become a free agent if the Gang Green decides against paying the guaranteed money.
