You take the Jets cutting some vets to save small $$$, playing hardball with Revis and the others, and a pattern emerges. By all accounts, the $$$ offered to Revis were insulting to him. I agree with you that the Jets need to be careful and not break-the-bank with these renegotiations. At the same time, if you don't think a $125 MM hole in the Jets finances is having an affect, that's your opinion. I think it does.
Revis probably wants Asomugha money. That contract is absolutely absurd and threw a big wrench into this negotiation. No other corner makes over 10M --- And there's no hole in the finances. Most of these PSL's are attached to 15 year payment plans, that influx is going to take a while. And what about the other 50 years this team's been around when there was no PSL money coming in. What about the other 50 years where my mid range 120 dollar ticket, that I've already paid for (as well as parking) would have gotten me multiple tickets, not 1? I cannot fathom finances being a problem for the Jets right now.
They HAVE to play hardball with Revis because that's the key deal that sets up everything for the Mangold, Harris and eventually Brick deals. What did you think they were going to do, offer $15M a year with the first offer? While there may be a timing issue with obtaining $125MM or whatever is needed (liquidation, loan, whatever), I do not think there will be an issue with Woody coming up with the money out of pocket if necessary. Not at all - not even a remote possibility. The OP speculates that the Jets may not be able to sign the core guys because of lack of money, and that's bullshit IMO.
No argument there, but since when did logic dictate that a bad contract not be used for comparison? The contract is there and Reevis is using it as a measuring stick. (1) The Jets probably sell the PSL cash flow streams for lump-sum payments. In any event, they're sold and they have the cash-flow stream at worst. When the PSL isn't sold, they have NOTHING. How you can say that 10,000+ unsold PSL's and tickets isn't a hole in finances is beyond me. (2) For most of those years, the NYJ were owned by Leon Hess who paid less than $10 MM for his shares of the club. Woody paid $600 MM or more. The average NFL club takes in $240 MM/year in revenue. TV chips in half of that. 40 years ago, TV chipped in only 10-15% of the revenue.
I'm saying this: they have the money, but with cash tight RIGHT NOW, they're playing hardball. If they had all the PSL's sold right now, I think they have Reevis signed or are very close to signing him.
Right, but Leon Hess later bought out the other partners at much higher prices. Last purchase was in the early-1980's.
Ther a few cornerbacks that make over 10 million- Bailey, Roland 'Champ' cap value in 09 was 13 million Samuel, Asante cap value in 09 was 10 million That guy on the Colts is making a ton too-
Yup, a $125 MM shortfall has absolutely nothing to do with pissing off 2 of our best players. In other news, Obama is probably not filling up his SUV at BP gas stations.
PSL prices to be slashed and refunds issued to those who paid full price, apparently. Darren Rovell of CNBC has been tweeting: HUGE NEWS FOR JETS FANS. AP: Jets reducing prices on 18,000 PSL's by up to 50% in effort to sellout by opening week. AP: Price reductions on Jets PSL's include lower end zones ($5,000 to $2,500), and lower sidelines ($15,000 to $10,000) People who paid full price on Jets PSL's will be refunded. Now an article in Newsday.
