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.
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: 2011ESPN NCAA March Madness - Bronze: 2010Yahoo! NCAA March Madness - Bronze: 2013

United States
Joined: 10/13/2006(UTC)
Location: Green Bay, WI
Applause Given: 2,399
Applause Received: 3,771
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
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.



Fan Shout
uffda udfa (1h) : ...but Giants secondary was banged up as bad as ours. Good against very poor comp. Not good at all vs. average or above.
uffda udfa (1h) : 17 looks better this year. Best I've ever seen him was vs. NYG this year.
uffda udfa (1h) : Davante Adams career game explained? Bausby, Pittsburg State. He's good vs. terrible CB's.
Mucky Tundra (15h) : sometimes it doesn't work for me regardless if i hit enter or send
uffda udfa (23h) : Checking to see if I've still been stifled here in Shout. :)
Porforis (21-Oct) : Being someone moderately critical of Adams, I feel the need to say "good game" and tip my hat.
Mucky Tundra (21-Oct) : oh shit, they play at TN the weekend before my birthday
Zero2Cool (21-Oct) : 4 of 5 next games ... on the road again
Mucky Tundra (21-Oct) : hey we actually play on the road next week
Zero2Cool (21-Oct) : 4 Teams who lost to Packers are 9W - 18L
Zero2Cool (21-Oct) : 2 Teams who beat Packers are combined 10 - 1 going into this weekend.
Zero2Cool (21-Oct) : Packers defense only gave up a FG. Not too bad.
TheKanataThrilla (21-Oct) : Go Cubs!!! Make this a good night.
Smokey (21-Oct) : Next up, Atlanta Falcons
Smokey (20-Oct) : The "CHAT" is very OPEN !
Smokey (20-Oct) : What's the story on Don Jackson ?
buckeyepackfan (20-Oct) : Good Evening Packer Fans! GAME NIGHT! Time to do a little Bear Hunting! z
Zero2Cool (20-Oct) : Mike McCarthy says 2011 CBA is cause of increase in injuries
Pack93z (20-Oct) : Did the moment it hit the timeline.. lol
Zero2Cool (20-Oct) : Nice. just RT it
Pack93z (20-Oct) : Alex Green reached out on twitter.. .lol
Porforis (20-Oct) : Or Ryan Grant?
Porforis (20-Oct) : Is Ahman Green available?
hardrocker950 (20-Oct) : Hard to say, just don't know if they will have him returning kicks when they are depleted at RB
Zero2Cool (20-Oct) : Knile probably contribute more on Kick Returns than RB. Until week 10
hardrocker950 (20-Oct) : I don't have high expectations of Knile, but I hope he surprises everyone
Zero2Cool (20-Oct) : No meltdown. Packers have Knile Davis, sub 4.4 speedster and Aaron is gonna get going.
Zero2Cool (20-Oct) : I think we should make more jokes about his weight, like every other sniveling bitch ass coward.
Pack93z (20-Oct) : Guy showed a ton of heart last week... dude was not just playing hurt. Should have been shut down.
hardrocker950 (20-Oct) : Ya, that is a rough injury
Pack93z (20-Oct) : Well... I expect PackerNation to melt down now... Lacy to IR
beast (20-Oct) : Is it too late to actived Don Jackson from the PS? Is that going to happen or not?
beast (20-Oct) : Abby is out. But seriously if he's not going to get any snaps on the field and gets injured in the few that he does play... is he worth a ro
Porforis (19-Oct) : If Adams is out (which I'm sure he will be) and Abby doesn't get snaps then PLEASE JUST TRADE HIM IF YOU DONT USE HIM
beast (19-Oct) : No Don Jackson move?
Please sign in to use Fan Shout

Road To Super Bowl LI
Sunday, Sep 11 @ 12:00 PM
at Jaguars
Sunday, Sep 18 @ 7:30 PM
at Vikings
Sunday, Sep 25 @ 12:00 PM
Sunday, Oct 2 @ 12:00 AM
Sunday, Oct 9 @ 7:30 PM
Sunday, Oct 16 @ 3:25 PM
Thursday, Oct 20 @ 7:25 PM
Sunday, Oct 30 @ 3:25 PM
at Falcons
Sunday, Nov 6 @ 3:25 PM
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
Sunday, Dec 11 @ 3:25 PM
Sunday, Dec 18 @ 12:00 PM
at Bears
Saturday, Dec 24 @ 12:00 PM
Sunday, Jan 1 @ 12:00 PM
at Lions

Think About It
Think About It

Recent Topics
1h / Green Bay Packers Talk / steveishere

1h / Green Bay Packers Talk / luigis

7h / Green Bay Packers Talk / nerdmann

15h / Green Bay Packers Talk / DoddPower

15h / Green Bay Packers Talk / DoddPower

17h / Green Bay Packers Talk / DakotaT

19h / Green Bay Packers Talk / DarkaneRules

23h / Green Bay Packers Talk / nerdmann

23h / Green Bay Packers Talk / beast

23h / Green Bay Packers Talk / beast

21-Oct / Green Bay Packers Talk / steveishere

21-Oct / Green Bay Packers Talk / Cheesey

21-Oct / Green Bay Packers Talk / Cheesey

21-Oct / Packers Draft Threads / wpr

21-Oct / Green Bay Packers Talk / wpr

Packers Headlines