Jets Making Progress with Revis?
With training camp about 48 hours away, Manish Mehta reports the Jets have resumed talks with Darrelle Revis’ camp.
The Daily News has learned that the lines of communication between the Jets and Darrelle Revis’ camp have re-opened.
The parties spoke in the last 24 hours for the first time in over a month to try to find a solution to the All-Pro cornerback’s contract impasse.
[...] the Jets are apparently feeling a sense of urgency and realize that their most important defensive player may not show up.
The team could theoretically offer a short-term band-aid solution that could satisfy Revis’ camp. Otherwise, both sides may examine long-term extension possibilities.
Is a deal in the works?
…stay tuned.
29 Responses to Jets Making Progress with Revis?
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They are going to make a big deal on hard knocks So it could get attention and he will get satisfied.
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whe he talked to rex that day thats what they talked about thats why it all shut down know its getting heat again.
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He’s going to get one of the biggest contracts in the history of the NFL…just a matter of time.
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Maybe Revis is just getting nervous that he’ll have to play this season for a measly $1m salary if he doesn’t reduce his demands down into this solar system?
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Bent says: I’m not so sure there is such thing as a band-aid solution. It’s certainly not as easy as they make it out to be. Cannizaro said that they’d accept a bump to 10m this year and leave the rest of the deal as it is, but that wouldn’t comply with the 30% rule and they’d also have to partially unguarantee the money due to him over the next two years.
A short term compromise is possible and the logical solution, especially if both sides commit to renegotiating it as soon as the CBA is sorted. However, it would still need to take the form of a new deal of at least 3 years, with all three years restructured to comply with the CBA.
Good to hear they’re talking though. That’s always a good start!
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Couldn’t they redo this year by making a $10M payment as a signing bonus (vs salary) to stay w/in 30% limit? Granted that it shifts risk of injury for 2010 to Jets…
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Bent says:
Unfortunately, even that won’t work.
The reason the Jets can go from 1m to 5m to 15m without breaking the 30% rule is that the last two years are subject to the buyback so they are not treated as likely to be earned for the purposes of the calculation.
I don’t see how they can give him a bonus upfront or increase his salary and still keep the buyback intact, which means that you would have to restructure those last two years to comply.
What you might be looking at is something like 8/10/12, but how certain is it that both sides will be happy with that? For the Jets, it doubles the 2011 cap hit and for Revis, it makes the 2011 and 2012 money no longer fully guaranteed.
If there’s a way round it, I’m sure the Jets will figure it out, but right now, I can’t help them.
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Bent: Can you explain a little more why they can’t increase his salary or give an additional bonus this year without invalidating the buyback for 2011 and 2012? I’m not following you.
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Bent says:
At the moment you have a six year deal, which Revis has earned the right to void into a four year deal. The Jets have the buyback option, which was approved as part of the original deal. By restructuring the fourth year of the deal, if you still wanted to include a buyback option, this would need to be approved again, so a new buyback agreement would need to be agreed too and I’m not sure that (a) either team wants that or (b) the league would approve it, since you’re restating a year which is inevitably going to be voided, so the whole thing is somewhat artificial.
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a tanny do like the restaurants pay him under the table just drop off a couple of mill maybe 10 so he could wet his beak.and leave all to after the cba meetings. You see its that easy.
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If they rip up the old contract and start over how would the 30% rule apply, would it still be based off the current contract bent?
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Bent says:
The 30% rule works on the basis of 30% of the salary (and certain bonuses) from the last capped year (ie 2009).
I believe his maximum salary for 2010 is 9.3m and his maximum annual raises are just over 2m (from memory).
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Bent says:
No, because the buyback would then become invalid and they’d have to restructure those two years to become compliant with the rules.
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Bent,
Do you think they are stretching this deal and maybe Mangold and Harris to save some big contract signings for Hard Knocks? Woody is all about marketing this team right now. They just extended the GM and Coach. Why not splash HBO with some signings?
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Bent says:
You never know. It’s stressful enough though so I don’t want the agony prolonged, especially if it hurts the team’s perception among players who might be considering playing here one day.
I don’t think Mangold and Harris will get a deal until next year. The 30% rule is too big of a barrier IMO. I can’t see a way around it and it is probably wiser to wait for the players as well as the team. I have no doubt the team wants to get these done and intends to pay full market value. If anything, they could be the ones to lose out if these guys can raise their value with an even better year.
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So if they ripped it up started new they could pay 9.3 mil? Wow this seems a no brainer then! Start over give him a 4 yr deal and by the End of the contract he would be over 16 mil seems so simple when I type it wish it were that simple in reality!
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Bent says:
You have the same problem though. To comply with the 30% rule, the 2011 salary will need to be increased (maybe affecting the Jets’ attempts to resign all their free agents). Also, the money in 2011 to 2013 will no longer be fully guaranteed (which Revis doesn’t want). Plus the Jets will have to incentivize the deal heavily to get it up to 15m or so (which neither side wants).
Not simple at all. Needs give and take from both sides.
Even with a handshake agreement to renegotiate under the new CBA, both sides have cause to be reluctant to sign such a deal.
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Hmm.. I would really hate to risk losing Mangold and Harris too.
I just really hate some of these signings we are making and not paying to guys that are the “core” of this team. Not a fan of the LT signing. I live in SD and this guy really has nothing left. I like him a lot, but he has less than TJ and the way McKnight is showing up, this guy may be such a bust even in the 4th round. We shall see. I am not a fan of the Brunell signing or even the idea of a Coles signing. Coles is such a selfish guy. He left this team twice and we bring him back again? Pay Revis, Mangold and Harris as soon as possible. The rest is just gravy.
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Bent says:
I don’t think there’s much risk. They should still control their rights, even if they have to use the franchise and transition tag to protect them while they negotiate. They might even be RFAs depending on the CBA.
None of those signings should have any effect on the team’s ability to sign these guys long term.
Money isn’t the issue. Cap space, value and timing of guarantees are more important.
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I know I’m sticking my nose in where ain’t wanted but really Mr. T. Darelle and agent, couldn’t you guys do a contract that basically is divided into two or three major subsections as follows:
I: If there is no CBA in 2011, then..(followed by gobs of pages, guarantees, etc, etc)
II: If there is a CBA and the per team cap is:
(a) above ‘X’ then such and such payments, etc, etc, etc or
(b) below ‘X’ then such and such payments, etc, etcIII: If there is no 2011 season then, etc, etc, etc.
I’ve done enough negotiations to know this can be done and done in a way that covers every conceivable outcome on the CBA situation..
well, them’s my two cents worth.
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Think that’s pretty logical; would be curious to see Bent’s take on how conditional contracts would fly under the rules…
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Bent says:
I like the concept and I think it might be possible to have contigencies of that type. All at the same time, though, I think every possible outcome (even the ones which only apply in the event of a new CBA) would still have to comply with the current restrictions.
In any event, if it were possible, it would be extremely complex, which is going to make coming to an agreement all the more time consuming and increase the number of potential stumbling blocks.
What I think they might look to do is have something whereby the deal is voided if there’s a new CBA, but with the Jets having a buyback clause similar to the one in the current deal, so that a renegotiation is triggered, but the Jets still control his rights. All these ideas have merit and some combination thereof might get a positive result…but I maintain that it won’t be straightforward.
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Unless things extremely south, Revis will be a Jet for a long time. I’m really not worried about it. Revis wants to be a Jet and the Jets want Revis to be a Jet for a long time. To me its about what the deal looks like in the end, and how it will affect the rest of the signings for the core players, and the signings of future rooks. What a problem to be in though, “How do we sign all this talent?” I’ll take these issues any day over the problems of teams like the Rams, Lions or Bills. Those teams are still trying to dig themselves out of the gutters they got themselves into. The Lions are close though.
Put a $10 million band aid on this and lets get this party started.