It's under the twitter thread, didn't think it deserved its own thread but maybe you are right- Shouldn't have been such a blown up situation to begin with-
Huh? Am I missing something, or (if true) did the Jets just b**ch-smack Revis in the face with that offer?
Yeah, I can't understand the reasoning behind it if it's true. Revis has to be one of the least likely players to get cut, seriously injuried or whatever.
This part scares me the most: However, sources believe that Tannenbaum may have budgetary restrictions from owner Woody Johnson that could make it difficult to lock up Revis and several other core players like Nick Mangold, David Harris and D’Brickashaw Ferguson to long-term deals. I am all for keeping player salaries in check, but (1) these guys, especially the first 3, are really fucking good; (2) the o-line guys can be long term/lifers; and (3) we just don't have the draft/free agent past to assume we have easily replacable parts. This thinking, if true, concerns me.
Yeah, I hope to God the sources are off on that. He's the second reporter to bring that up now. At first Manish refuted that report but if he's getting the same info that's not a good sign. (fingers crossed)
I don't see how they could have offered him a contract with no guaranteed money. I'm sure that's bogus.
That absolutely has to be bogus - they gave him guaranteed money as a rookie for goodness sakes. That was before he showed he was the best corner in the game. I'm surprised anybody would report something that is so obviously untrue. Unless there is some technical difference between a signing bonus and 'guaranteed money'.
I wouldn't be surprised if Woody is putting some brakes on the financial side at this point. Borrowing money isn't all that easy in this environment and the Jets have some real debt from the new stadium. Yeah he's got money, but not necessarily as much as we all assume given that the J&J money is a family holding in the company and probably only really easily leveraged through loans. The dirty little secret for most very wealthy people is that they don't spend much of the long-term assets that form the basis of their wealth. They use those assets to get liquidity in other ways and then service the debt as a continuing expense while maintaining their base. This is how you maintain an ownership position in something like J&J while still enjoying the fruits of your labors. My guess is that Woody doesn't want to liquidate a long-term asset to give him the easy cash to invest more in the Jets and so he's waiting on the PSL process to play out to see how much liquidity the Jets provide for him to play with. He laid out a lot of cash between 2006 and 2009 and the easy investments in the team have already been made. 2010 is a very different proposition than 2007.
This sounds like a technicality as far as the "no gauranteed money" thing goes. If he's back at work we'll get answers this week about it I'm sure. May have been a designed leak from his agent just to ratchet up the pressure on negotiations. I'm not even sure what a "no gauranteed money" NFL contract could look like. Roster bonuses, signing bonuses, workout bonuses, etc. don't count as gauranteed as far as I know, and I wouldn't be surprised if Tanny is trying to structure the deal with a ton of incentives, most of which will be achieved easily by a top tier talent, assuming Revis doesn't tear an ACL in pre-season. That right there may actually be the snag in the negotiations. Revis wants insurance money so that he doesn't end up like Leon...injured and hung out to dry. On the flip side Tanny's gotta be careful how much they invest on "gaurantees" because if the worst-case plays out and the deal's not written right, then Revis is out for the season or worse, AND the cap hit is severe enough so that we have to jetison one of the "Core Four".
Thing is if the Jets continue to mess with the players it upsets the fans and then PSL's are NOT sold. They need to lock these guys up in good contracts.
