Green Bay Packers Forum

Welcome to your Green Bay Packers Online Community!

Since 2006, PackersHome has been providing a unique experience for fans.
Your participation is greatly anticipated!
Login or Register.
Options
Go to last post Go to first unread
Offline Zero2Cool  
#1 Posted : Friday, August 22, 2008 3:18:03 PM(UTC)
Rank: Premier Member

Yahoo! NCAA March Madness - Gold: 2015Yahoo! Fantasy Football - Gold: 2009FleaFlicker Fantasy Football - Silver: 2010Yahoo! NCAA March Madness - Silver: 2011FleaFlicker Fantasy Football - Bronze: 2016ESPN NCAA March Madness - Bronze: 2010Yahoo! NCAA March Madness - Bronze: 2013

United States
Joined: 10/13/2006(UTC)
Location: Green Bay, WI
Applause Given: 2,505
Applause Received: 4,066
Quote:
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.
Rss Feed 
Users browsing this topic
Guest
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Notification

Icon
Error


Fan Shout
shield4life (27m) : Resign Nick Perry
uffda udfa (4h) : Need some strong sharp passionate voices on D. Daniels gives great quotes.
uffda udfa (4h) : Nick Perry seems to be the team leader as he was giving pregame speeches that seemed very uninspiring.
uffda udfa (4h) : Morgan and his 14 wonderlic. Ever hear him talk? Man, not a bright guy at all.
uffda udfa (4h) : Burnett needs to be replaced. That's our leader? Or one of them? No, thanks.
beast (5h) : For the secondary, I think Burnett/Haha are the leaders.
Smokey (6h) : GB needs a new motto : DEFENSE RULES ! , is intended to change the direction of the Packers focus moving forward .
Smokey (6h) : Thank You Zero.
Zero2Cool (6h) : Great reading a thread and seeing "defense rules" spammed in them all. Great reading material.
Smokey (6h) : DEFENSE RULES !
Zero2Cool (7h) : Think you need to defensive leaders. Front Seven and Secondary. We seem to lack both. Daniels is closest.
beast (7h) : Packers players had a right to complain when they were being bullied by Mike Daniels... just talking about Packers ;-) jk
Zero2Cool (7h) : It was the 26th largest margin since 1940. Feels much worse
Zero2Cool (7h) : thought it was biggest margin of victory in Conf Championship, I was mistaken.
Smokey (9h) : Wow ! The Packers got disrespected too !
Smokey (9h) : Hello ?
uffda udfa (10h) : Can't. MM burned them all.
Smokey (10h) : go pack go ?
wpr (11h) : Smokey AND Uffda, you both ca be placed in a timeout. Stop it.
Smokey (11h) : go pack go :)
Zero2Cool (11h) : STOP! Talk Packers or STFU. K thanks. :-)
uffda udfa (11h) : Ranting about everyone to stop talking Wolf while talking cooking appliances.
uffda udfa (11h) : I told you the truth. It upset you. U were hypocritical.
Smokey (12h) : yes I was, but he just ...
Zero2Cool (12h) : We all have the same ability to ignore someone. Exercise that. GO PACK GO!!!
Smokey (12h) : NOT YOUR FIGHT NONSTOP
Nonstopdrivel (13h) : ving again.
Nonstopdrivel (13h) : Calling him a bully? Telling him to leave? Seriously? This is the kind of shit that drove me away last time and is making me contemplate lea
Smokey (14h) : Be a good fellow and go pester another forum.
Smokey (14h) : It amazes me that you've remained in this forum for as long as you have.
Smokey (14h) : This is not your schoolyard to bully others, in fact I was that kid who stood up to the bully and kicked his ass.
Smokey (14h) : In the end the bully ended up in prison as everyone else grew up and moved on with their lives.
Smokey (14h) : I rate you with the hated schoolyard bully that tried to terrorize others to feel himself big.
Smokey (14h) : U2, it is obvious that you don't care if people like you or not. Well people don't.
uffda udfa (16h) : It's the same day every day at 1265. They crave sameness.
Please sign in to use Fan Shout

2016 Packers Schedule
Sunday, Sep 11 @ 12:00 PM
at Jaguars
Sunday, Sep 18 @ 7:30 PM
at Vikings
Sunday, Sep 25 @ 12:00 PM
LIONS
Sunday, Oct 2 @ 12:00 AM
BYE
Sunday, Oct 9 @ 7:30 PM
GIANTS
Sunday, Oct 16 @ 3:25 PM
COWBOYS
Thursday, Oct 20 @ 7:25 PM
BEARS
Sunday, Oct 30 @ 3:25 PM
at Falcons
Sunday, Nov 6 @ 3:25 PM
COLTS
Sunday, Nov 13 @ 12:00 PM
at Titans
Sunday, Nov 20 @ 7:30 PM
at Redskins
Monday, Nov 28 @ 7:30 PM
at Eagles
Sunday, Dec 4 @ 12:00 PM
TEXANS
Sunday, Dec 11 @ 3:25 PM
SEAHAWKS
Sunday, Dec 18 @ 12:00 PM
at Bears
Saturday, Dec 24 @ 12:00 PM
VIKINGS
Sunday, Jan 1 @ 7:30 PM
at Lions

Think About It
Think About It

Recent Topics
now / Green Bay Packers Talk / jlyons043

1m / Green Bay Packers Talk / luigis

2m / Green Bay Packers Talk / uffda udfa

8m / Green Bay Packers Talk / luigis

1h / Green Bay Packers Talk / mojaveson

1h / Green Bay Packers Talk / Laser Gunns

2h / Green Bay Packers Talk / mojaveson

3h / Green Bay Packers Talk / DoddPower

3h / Green Bay Packers Talk / DoddPower

4h / Green Bay Packers Talk / DoddPower

4h / Green Bay Packers Talk / DoddPower

4h / Football Familiarity / Smokey

6h / Green Bay Packers Talk / Smokey

7h / Fantasy Sports Talk / rabidgopher04

11h / Green Bay Packers Talk / Smokey


Packers Headlines