Zero2Cool
15 years ago

In the monumental trade of Brett Favre from the Packers to the Jets, there appears to be a twist in the contract that has not been previously reported.

The Jets admirably did not renegotiate Favres 12M salary this year to fit the contract under their Cap, resisting temptation to gain some short-term Cap relief in exchange for added Cap charges from this contract next year and the year after.

We have learned that the contract was renegotiated, however. The terms on the back side of the deal have been altered to the benefit of Favre.

When I negotiated this 10-year, 101M contract in 2001, it required, as all Packer contracts do, a number of appearances on behalf of the club, some workers compensation guidelines, and bonus recovery provisions in case of immoral behavior or retirement. Those clauses are standard boilerplate in the industry. Now in year eight of ten, that contract was assigned to the Jets in the recent trade.

The contract, however, no longer contains those terms. According to multiple sources, there is no backside to the existing contract between Favre and the Jets. Favres agent, Bus Cook, and the Jets have renegotiated the contract to consist of the identical financial terms from the Packers contract 12M this year, 13M next and 14M in 2010 and nothing more. The language concerning appearances for the club and recovery of bonus due to retirement is no longer part of the deal.

Favre, if willing, is free to make appearances on behalf of the Jets to promote the team as it starts to play in a new stadium next season, but he has no contractual obligation to do so. Favre can also retire from the Jets at any time and have no obligation to forfeit any of the bonus monies he has received (Tampa Bay recovered 3.5M from Jake Plummer after trading for a contract that required recovery upon retirement).

A renegotiation such as this could present a dangerous precedent for players who are traded and make certain non-economic demands, as well as for star players who want concessions outside of salary and bonus provisions.

However, it is understandable that Mike Tannenbaum and the Jets made some concessions to bring this iconic brand to their franchise. With Favres tepid interest in playing for the Jets an issue prior to the trade, the renegotiation of his marketing and bonus recovery rights made the trade more palatable to the Favre camp at the time.

Another nugget from the Favre-Packers-Jets biopic; more to come in weeks ahead.


UserPostedImage
Fan Shout
beast (3h) : T.O. son signs with the 49ers
Mucky Tundra (4h) : damn those vikings
beast (5h) : UDFA Vikings sign TE – Trey Knox, South Carolina
beast (5h) : Kitchen was all high from Miami, he was more lucky than talented in 2022 and it showed in 2023
beast (5h) : Reportedly Packers have UDFAs Jennings and Jones
beast (5h) : OL – Donovan Jennings, USF OT – Trente Jones, Michigan
TheKanataThrilla (5h) : Interesting draft. A bit shocked that we didn't select an early CB. Definitely have Safety help. Pretty happy overall.
dhazer (12h) : wow the last 2 picks are really stupid and probably will be special teams players Top 10 draft pick next year book it
TheKanataThrilla (12h) : I think he ended up with a terrible RAS score
dhazer (13h) : Anyone know what went on with Kitchens from Florida? At 1 point he was to be the Packers 1st round and he is way down the board now
Martha Careful (27-Apr) : Z, could you please combine my thread with yours please. I obviously did not see it when I Created it
Martha Careful (26-Apr) : Re: 'Kool-Aid' McKinstry. Other than Icky Woods, has there ever been a good NFLer with a childish nickname?
Martha Careful (26-Apr) : Packers looking to trade up
Martha Careful (26-Apr) : Flag?
Martha Careful (26-Apr) : Sag?
Nonstopdrivel (26-Apr) : It rhymes with "bag."
beast (26-Apr) : Family? That's Deadpool's F word
Nonstopdrivel (26-Apr) : Not THAT f-word.
Zero2Cool (26-Apr) : fuck
beast (25-Apr) : 49ers are Cap Tight
beast (25-Apr) : Fuck
Mucky Tundra (25-Apr) : Kanata, I will be when I'm on my lunch later
TheKanataThrilla (25-Apr) : Love you NSD
Nonstopdrivel (25-Apr) : Huh. I guess the F-word is censored in this fan shout.
Nonstopdrivel (25-Apr) : Anyone who doesn't hang out in the chat probably smokes pole.
TheKanataThrilla (25-Apr) : GoPackGo Thinking CB is the pick tonight
TheKanataThrilla (25-Apr) : Anyone hanging out in the chat tonight?
Zero2Cool (25-Apr) : whoa...49ers have had trade conversations about both Deebo Samuel and Brandon Aiyuk
Zero2Cool (25-Apr) : I hope they take a Punter at 9th overall. Be bold!
Mucky Tundra (25-Apr) : I may end up eating those words but I think they need a lot more talent then their 4 picks can provide
Mucky Tundra (25-Apr) : I really hope they stand pat and Draft a WR
Mucky Tundra (25-Apr) : @DMRussini
Mucky Tundra (25-Apr) : The Chicago Bears are very open for business at 9 and telling teams they are ready to move for the right price, per source
buckeyepackfan (24-Apr) : Lions extend Penei Soul 4yrs - 112mil
buckeyepackfan (24-Apr) : Lions extend St. Brown 4 years 120mil and
Mucky Tundra (24-Apr) : Now look, trading up to 13 to take a TE might not seem like a good idea later but it will be later!
dfosterf (24-Apr) : (Your trade up mock post)
dfosterf (24-Apr) : Mucky- The only thing fun to watch would be me flipping the f out if Gute goes up to 13 and grabs Brock Bowers, lol
beast (24-Apr) : DT Byron Murphy II, Texas... whom some believe is the next Aaron Donald (or the closest thing to Donald)
Zero2Cool (24-Apr) : What? And who?
Mucky Tundra (24-Apr) : *sad Mucky noises*
Mucky Tundra (24-Apr) : @JoeJHoyt Murphy said he’s been told he won’t slide past pick No. 16.
wpr (23-Apr) : Just about time to watch Sonny Weaver stick it to the seahags. I never get tired of it.
Martha Careful (23-Apr) : *game plan
Martha Careful (23-Apr) : IMHO, not even close. He is not a guy you game play around.
Mucky Tundra (23-Apr) : is Aiyuk worth a 1st rounder?
Zero2Cool (23-Apr) : 49ers are seeking a 1st round pick in exchange for WR Brandon Aiyuk
Mucky Tundra (22-Apr) : Based on Gutes comments, now I don't feel as silly having 13 picks in my mock the other day
Zero2Cool (22-Apr) : Zach Wilson to Broncos.
Zero2Cool (22-Apr) : Gutekunst says he'd love to have 13 or 14 picks. He's trading back huh lol
Please sign in to use Fan Shout
2023 Packers Schedule
Sunday, Sep 10 @ 3:25 PM
Bears
Sunday, Sep 17 @ 12:00 PM
Falcons
Sunday, Sep 24 @ 12:00 PM
SAINTS
Thursday, Sep 28 @ 7:15 PM
LIONS
Monday, Oct 9 @ 7:15 PM
Raiders
Sunday, Oct 22 @ 3:25 PM
Broncos
Sunday, Oct 29 @ 12:00 PM
VIKINGS
Sunday, Nov 5 @ 12:00 PM
RAMS
Sunday, Nov 12 @ 12:00 PM
Steelers
Sunday, Nov 19 @ 12:00 PM
CHARGERS
Thursday, Nov 23 @ 11:30 AM
Lions
Sunday, Dec 3 @ 7:20 PM
CHIEFS
Monday, Dec 11 @ 7:15 PM
Giants
Sunday, Dec 17 @ 12:00 PM
BUCCANEERS
Sunday, Dec 24 @ 12:00 PM
Panthers
Sunday, Dec 31 @ 7:20 PM
Vikings
Sunday, Jan 7 @ 3:25 PM
BEARS
Sunday, Jan 14 @ 3:30 PM
Cowboys
Saturday, Jan 20 @ 7:15 PM
49ers
Recent Topics
7m / Green Bay Packers Talk / Mucky Tundra

13m / Green Bay Packers Talk / beast

19m / Green Bay Packers Talk / beast

21m / Green Bay Packers Talk / Mucky Tundra

24m / Green Bay Packers Talk / Mucky Tundra

27m / Green Bay Packers Talk / beast

40m / Green Bay Packers Talk / Mucky Tundra

58m / Green Bay Packers Talk / beast

1h / Green Bay Packers Talk / beast

1h / Green Bay Packers Talk / beast

2h / Green Bay Packers Talk / beast

2h / Green Bay Packers Talk / earthquake

10h / Green Bay Packers Talk / beast

21h / Green Bay Packers Talk / Mucky Tundra

27-Apr / Green Bay Packers Talk / Martha Careful

Headlines
Copyright © 2006 - 2024 PackersHome.com™. All Rights Reserved.