OT: Tangini blew the Revis deal bigtime!

[PatsFanInMaine]

OK, now I'm totally confused. Here's the original contract terms, per Rotoworld:

Signed a six-year, $30 million contract. The deal includes $11 million in guarantees and $16 million over the first four years. Another $6 million is available through incentives. It voids to four years if Revis hits 35% playing time in the first year or 45% in any of the next three years, but can be "bought back" by the Jets for a minimum of $14 million ($5 million for 2011 and $9 million for 2012).

So it was originally a $30-million contract worth $16 million in the first four years. That means $14 million in the last two. But it voids to four years, with a buyback option at...$14 million.

If the buy back is a "minimum" of $14 million I would be led to believe that there must be some other criteria involved in the contract that may bump those number up such as playing time, pro bowls, ect....

 

[solman]

I can follow that if the buy-back is significantly higher than the original dummy years, but how does a buy-back equal to the dummy level help either side?

Also, you're right to point out that the void level was low enough that this apparent "goof" was clearly part of the plan. But the plan itself sure looks like a goof, no? They're paying such crazy money for 6 years that they would have been much better off with 5 plus the option to franchise. Revis will have to be a franchise-level player and the franchise level for CBs will have to be at $14 million for this to be a decent deal. (And that doesn't even take into account the time/cap value of paying so much in the early years.)

Nobody should ever construe my comments as indicating that the Jets don't have their heads up their a@@.

This deal was not a good idea. They Jets drew a line in the sand, demanding a six year contract. Then they decided to cave, but didn't want to look like they caved. So they structured a contract that pays more than the slot demands, and used the fiction of voidable years to pretend that this is not what happened.

The void with buy back allows them to avoid rules constraining compensation increases on rookie contracts. It also allows them to spread the signing bonus over six years, increasing the permissible size of the signing bonus.

Both of these tricks are designed to maximize player compensation. This, in turn, minimizes the cap space that the Jets have available for other players over the next six years.

I don't see anything here that's good for the team.

 

[Water Boy]

Are the Jets even playing David Harris? I heard his named called on special teams in the Cincinnati game, is he getting any snaps on D?

I'm curious about this too. I'm wondering how he's doing in Mangini's vaunted 3-4 scheme.

 

[dryheat44]

I'm curious about this too. I'm wondering how he's doing in Mangini's vaunted 3-4 scheme.

He's been playing quite a bit next to Vilma. Pretty much like you'd expect a rookie LB to play, overaggressive and lost at times. All in all, though, a good start to his career.

Vilma will be out for at least this week, and possibly long-term, so he'll get plenty of chances to make a name for himself.

 

[Hollywood_Brady]

wow.. this is a sad news for the jets... i think they even traded up just to get this guy... for a first round pick, he should be locked up by 5-6 years... lucky for revis he only has 4 more yrs of misery with the jets before getting nate clements money from other teams...