Discussion Board
Welcome Guest! You can login or register. Login or Register.

Options
Go to last post Go to first unread
Zero2Cool  
#1 Posted : Friday, August 22, 2008 3:18:03 PM(UTC)
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
Zero2Cool (15m) : NaVorro Bowman signed with the #Raiders on Monday. Last night, he played 60 of the 62 defensive snaps and recorded a game-high 11 tackles.
Zero2Cool (1h) : Seahawks officially placed DL Cliff Avril on injured reserve.
Zero2Cool (2h) : it breaks the shout div
uffda udfa (2h) : Couldn't resist, Z... https://twitter.com/JoeBanner13/status/921425194522202112
Zero2Cool (4h) : OT Bryan Bulaga cleared the concussion protoco
Mucky Tundra (5h) : then again, I maybe too optimistic for my own good :/
Mucky Tundra (5h) : I think Hundley can handle; can Dom without the offense, that remains to be seen
uffda udfa (14h) : He ain't done yet for this season. Can Hundley handle?
uffda udfa (14h) : Aaron Rodgers finally communicates on Instagram: COMEBACK STARTS NOW
Barfarn (19-Oct) : Bart's not on injury report, he's startin'
Smokey (19-Oct) : I hope that means that he (Bart Starr) is in better health these days .
Zero2Cool (19-Oct) : Bart Starr returning to Lambeau Field for Packers-Saints game Sunday
Porforis (19-Oct) : Glad to have King back. And House. Packers need 'em.
Zero2Cool (19-Oct) : Good! smack some posts in the forum right?!? :-) can't wait to read it
uffda udfa (18-Oct) : No more clutter.
Cheesey (18-Oct) : Go get him Uncle Ted!!
Zero2Cool (18-Oct) : Former Packers pass-rusher Datone Jones is back on the market.
Zero2Cool (18-Oct) : Good news for #Packers secondary: rookie CB Kevin King and vet CB Davon House (quad) both practiced. King has cleared concussion protocol.
Zero2Cool (18-Oct) : Vince Biegel back on practice field!!
Zero2Cool (18-Oct) : Maybe this little shout has no value if people gonna use it instead of the forum.
Zero2Cool (18-Oct) : He's not writing. He's shouting, and its making the shout kind of without point with the clutter.
buckeyepackfan (18-Oct) : Just like last year at 4-6. The guy is just too funny!
buckeyepackfan (18-Oct) : GOOD news Uffda is already all but writing The Packers off for 2017!
uffda udfa (18-Oct) : Masturbation talk from Barfan? Nothing could make me COME back, quicker.
wpr (18-Oct) : Maybe the shout box needs to take a timeout. People keep using it. ;)
Zero2Cool (18-Oct) : Why do this is in shout? So frustrating. Post in forums. Thanks
Barfarn (18-Oct) : Masterbation will relieve some of that nervous tension!
uffda udfa (17-Oct) : Now, a guy they really liked and have groomed for 3 years is the guy. Tons of toys on O. Let's see how it runs with a great coach, now.
uffda udfa (17-Oct) : The Flynn Patriots game has been used to say that he is. Seneca and Scott showed otherwise.
uffda udfa (17-Oct) : Hundley is going to settle the debate once and for all in whether Mike McCarthy is a great coach, or not.
uffda udfa (17-Oct) : Doesn't speak well to the talent acquired by the org, does it? Easy to say talent is great until Rodgers is gone and you have to see it wit
Porforis (17-Oct) : Could Sam Bradford come into the Packers and post a winning record from here on out? Are there any non-starters in the NFL that could?
Zero2Cool (17-Oct) : Teddy is replaceable. Aaron is not. Vikings have a really good defense. We do not. Understand??
Zero2Cool (17-Oct) : You are wise enough to know the difference. Right?
uffda udfa (17-Oct) : Here's one for you, Z. Vikes lose Teddy B. and go out and aggressively get Bradford. Packers lose 12 and go out and get a UDFA.
Please sign in to use Fan Shout
2017 Packers Schedule
Sunday, Sep 10 @ 3:25 PM
SEAHAWKS
Sunday, Sep 17 @ 7:30 PM
at Falcons
Sunday, Sep 24 @ 3:25 PM
BENGALS
Thursday, Sep 28 @ 7:25 PM
BEARS
Sunday, Oct 8 @ 3:25 PM
at Cowboys
Sunday, Oct 15 @ 12:00 PM
at Vikings
Sunday, Oct 22 @ 12:00 PM
SAINTS
Sunday, Oct 29 @ 12:00 AM
- BYE -
Monday, Nov 6 @ 7:30 PM
LIONS
Sunday, Nov 12 @ 12:00 PM
at Bears
Sunday, Nov 19 @ 12:00 PM
RAVENS
Sunday, Nov 26 @ 7:30 PM
at Steelers
Sunday, Dec 3 @ 12:00 PM
BUCCANEERS
Sunday, Dec 10 @ 12:00 PM
at Browns
Sunday, Dec 17 @ 12:00 PM
at Panthers
Saturday, Dec 23 @ 7:30 PM
VIKINGS
Sunday, Dec 31 @ 12:00 PM
at Lions
Think About It
Think About It
Recent Topics
2h / Green Bay Packers Talk / buckeyepackfan

2h / Green Bay Packers Talk / uffda udfa

2h / Green Bay Packers Talk / uffda udfa

2h / Green Bay Packers Talk / PackFanWithTwins

3h / Green Bay Packers Talk / yooperfan

3h / Green Bay Packers Talk / hardrocker950

4h / Green Bay Packers Talk / DoddPower

16h / Fantasy Sports Talk / Smokey

17h / Green Bay Packers Talk / nerdmann

17h / Green Bay Packers Talk / Barfarn

18h / Green Bay Packers Talk / nerdmann

19-Oct / Green Bay Packers Talk / Barfarn

19-Oct / Green Bay Packers Talk / yooperfan

18-Oct / Green Bay Packers Talk / isocleas2

18-Oct / Green Bay Packers Talk / wpr

Headlines