Service time being modified after the fact would be a major change for all teams. I have a hard time seeing that happen. I guess he could believe in all sorts of stories he is told.
So lemme get this straight, had Revis shown up to camp and sucked up his "lousy" salary for this season he would have had the option to opt out of the contract and thus demanded what he wanted on the FA market after this season? If this is true his agent and uncle are either very very stupid or think the Jets will trade him away to a team that will give a new deal for what he wants then there is the option that they feel it is impossible for him to have a season like he did this year thus hurting his demand for 16mil + but I'm willing to think it's the stupid one.
That part isn't true. The Jets are the ones who ultimately control the buyback years on Revis' contract
the buyback was that he could void his last 2 years, but the jets could then buy them back at 5mil and 15 mil respectively. By avoiding that he is letting the jets know that he has no intention of playing for 5 million next year.
Not true the deal was voided after Revis met certain playing hurdles. However, the Jets could buy back the last 2 years at their option.
because he is worth more than $5 million per year, just as he is worth more than $1 million. I don't think the Jets are disputing that, hence why they told him they wanted to rip up that contract. the problem is he thinks he is worth far more than that than they do, or are able to sign him to in a way that reduces their overall risk of guaranteed money.
I hope Revis goes back to being his modest self once he gets his new deal. We don't need another Kerry Rhodes.
of course we do. I mean, holding out for a contract is just like being more interested in tweeting and modeling than playing football.
I believe his salary would be in the $10 million range for 2012. I remember hearing about the Pro Bowl incentive on some video (maybe ESPN or Rich Cimini). I'll try to locate it now.
Well the big story in Jets land broke today that Darrelle Revis skipped OTA’s in the midst of a contract holdout. Sources told reporters that Revis was insulted by a lowball offer from the Jets and that he was showing his displeasure by not attending OTA’s. First of all this is not something to be concerned about at this stage. Revis was at workouts the day before and he had this “lowball offer” in his hand for some time. This is just the way the game works. Reporters are all over the OTA’s and agents know you make your mark by missing out on these activities. Revis’ team is well known for advising their clients to not participate when in a contract dispute, so this is something that was likely expected by the Jets organization. The question is just what value should be put on Revis? Revis is a very interesting contractual case because he is not anywhere close to becoming a free agent. He is under contract to the Jets in 2010 for only $550,000 plus some workout bonus money and the Jets will hold his rights for $5 million in 2011. Revis’ salary escalates in 2012 to what should be $15 million, but there is a bit of a catch to that number. Revis is only going to earn it if he participates in most of the teams defensive snaps and keeps getting his Pro Bowl nods. So in order for Revis to earn the escalator, which really is only put in place to force the team to renegotiate an extension before 2012, he can’t afford to hold out and not be in shape during the regular season. Any significant drop in play will drop that 15 million much lower and if it reaches a value between 11 and 13 million the Jets may just bite the bullet for one year and deprive Revis of free agency until 2013. So Revis’ holdout options are limited. Most young players maximize their value by negotiating extensions before they hit free agency, typically in their walk season. Usually the player has outperformed his pay scale for the upcoming season and the reward of holding out is far higher for the player in this situation. The team needs the player to perform at a high level and can not afford to have him sit out for an extended period of time. This is a prime reason why C Nick Mangold will likely be extended prior to camp since he has already insinuated he might not attend camp if he does not have a new deal in place. Mangold is the leader of the offensive line in what will likely be his walk year. Revis is a completely different situation because he is under contract until 2012 and his hold out reward is too low for him. From the Jets standpoint you can understand presenting Revis with what he and his agent may consider a “lowball” offer. Revis is going to value his skills based on what he considers fair market value. The problem is “fair market” rarely presents itself when you are three years out from a contract expiration. At a minimum the Jets have Revis under contract for two seasons at about $6 million. At worst its $21 million over 3 years. What incentive do the Jets really have to rip up that deal and pay Revis fair market value? Assume the Jets give him a new 6 year contract, which is the standard length of contract extensions. Revis would not only get extra money over the next three years, but Revis would get his next free agent opportunity in 2015. If the Jets forced him to honor the next two years of the deal Revis’ next free agency opportunity is going to be 2017. Two years in the life of an NFL player is a long time and can be the difference between getting a huge deal or missing out on the next big contract. So it does not pay for the Jets to present him the chance in 2010 to be the highest paid non-QB in the NFL. It will in 2012, but not in 2010. The first question that has to be asked is what exactly is the fair market value for the best CB in the NFL? That is extremely hard to answer. The problem lies with Oakland’s Nnamdi Asomugha signing a 3 year 45.5 million dollar deal with essentially the entire amount guaranteed. The first problem is that this is a deal signed by the Raiders, a team that has a front office with a terrible reputation around the NFL when it comes to veteran contracts. In these cases teams may just simply throw the numbers out the window because “it’s Oakland”. The Jets have been treated that way in the past in regards to draft pick signings where they have been accused of blowing up the slotting system for Revis, Vernon Gholston, and Mark Sanchez. The second issue is that its just a 3 year contract. While it is easy to say Asomugha got 15 million a year so Revis has to get at least that much, it is not a good assumption. When his deal expires with the Raiders Asomugha’s new salary will not be 15 million per year. It is going to be just slightly above the high mark right now. There is a major difference between 3/45 and 6/90. Throwing Asomugha out completely we get to the next wave of corners that present the realistic market. The top contracts belong to Asante Samuel, Dunta Robinson, Nate Clements, DeAngelo Hall, and Chris Gamble. With the exception of Clements all of the contracts are for 6 years. The following table presents the players guaranteed totals, 3 year salary totals (which are virtually guaranteed), and average per year over the first 6 years of each deal. Name Guarantee (Million) 3 Year Total(Million) Average Per Year(Millions) Asante Samuel 23.6 32.1 9.5 Dunta Robinson 25.5 31.5 9.5 DeAngelo Hall 21.5 30.0 9.0 Nate Clements 21.6 29.0 8.9 Chris Gamble 23 23.4 8.8 What you see here is a pretty consistent pattern. Guarantees in the ballpark of 23 million and virtual guarantees of about 30 million. Averages per year are going to be in the 9 million dollar range. Clearly Revis is better than all of these players and there is no argument that if this was a “fair market” for him he would be the highest paid player by a large amount. You can bring the Asomugha contract into this lot by seeing what percentage increase he received over Samuel’s deal. Asomugha’s $45.5 million dollar three year total represented almost a 42% increase over the contact Samuel signed in 2008. Looking at the Samuel average per year and assuming the Raiders would have used the same percentage increase you come out with a average per year of about 13.5 million. So I think this is probably the fair market assumption that would be made for Revis. 6 years $81 million with 46 million of the deal guaranteed by the Jets. But as stated above Revis doesn’t have a the real “fair market” to necessarily negotiate with because of his current contract he is playing under. The Jets starting point would still have to be more than what Robinson just received from the Falcons. Revis is already essentially guaranteed $22 million over the next three seasons barring injury, right in line with almost all of the high paid corners and just a few million under Robinson‘s $25.5 million. If the Jets offered Revis anything less than Robinson and Samuel’s three year total it would clearly be a lowball offer that would insult Revis, especially after the Jets promised him a raise. I think you would come to Revis’ fair value by looking at the real $13.5 million per year average and then taking into account the fact that Revis is only set to make 6 million over the next two years. If Revis was to earn 13.5 million each of those years it would represent a raise of over 300%, which is far too much of an increase. However, if you averaged out the salary to be 13.5 million in the first two years it still represents a raise of over 100% over the two year total and would place the total contract value at 67.5 million over 6 years. He would probably earn about 33 million in the first three years and the Jets may consider guaranteeing him money close to Asomugha by extending the guarantees into the 4th year of the contract. Such a contract would make Revis the highest paid corner in the NFL after just three seasons in the NFL and put him in line for another big contract at the age of 30 rather than 32, a major advantage for Revis. How would the Jets structure such a deal? Revis made a good sum of money in 2009 so the 30% rules really do not play a significant role in his contract, which would allow the Jets to pretty much use a regular contract structure. With no cap being present the Jets should maximize his 2010 earnings which would mean that Revis could earn about $9.3 million in salary, which includes roster bonuses and workout bonuses. Because there remains a $1.26 million proration from his prior bonuses thru 2012 the Jets will look to reduce his salaries as much as possible in 2011 and 2012 to keep his cap number low. In order to reach the 3 year guarantee Revis would also require a signing bonus in the vicinity of $13.3 million. It is likely the Jets would also award Revis with another small signing bonus in the 4th year of the contract that would give him that same guarantee earned by Asomugha. Here is a sample structure for the contract: Year Salary Original Bonus Signing Bonus 2nd Signing Bonus Salary Cap Number 2010 $9,331,140 $1,265,916 $2,217,935 $0 $12,814,991 2011 $4,665,570 $1,265,916 $2,217,935 $0 $8,149,421 2012 $5,818,910 $1,265,916 $2,217,935 $0 $9,302,765 2013 $7,972,250 $0 $2,217,935 $1,333,333 $11,523,518 2014 $10,125,590 $0 $2,217,935 $1,333,333 $13,676,858 2015 $12,278,930 $0 $2,217,935 $1,333,334 $15,830,199 New Money Totals $50,192,390 $0 $13,307,610 $4,000,000 $67,500,000 Such a structure allows the Jets to keep his cap number under $10 million in 2011 and 2012 which are really the two key years for the Jets with so many players to re-sign. The only truly questionable cap number would be the 2014 cap figure over $13.5 million, but the Jets could either consider an extension or to bite the bullet and have him play it out. The money in 2015 would never be seen. Revis would either be restructured or release Follow us and receive updates on Twitter @nyjetscap http://nyjetscap.com/reviscontract.html
so does this mean when Aso's contract ends after 2011, and does not have an astronomical salary, we can pay revis $12 million and make him the highest paid cb in the league, he'll be happy?
LT is a Cancer (born July 23) and is often in the Jet locker room... ...Mods closed down the rediculous LT thread. But this one gets to keep going? I think this will make it to 100 pages easy. Back to menaingless Revis discussions. I'm thinking that psychologically the first TD Revis gets burned for, everyone will be saying "Revis is missing a step because he missed all that time in training camp". Then the next few games, opposing QBs are less scared of him and he gets burned some more. I'm afraid the damage may already be done. If revis gives up a touchdown in his first game back will you blame it on the holdout?
It isn't quite that simple. Revis could have voided the contract but then the Jets could have bought back the last two years fully guaranteed. This was a team friendly option. If Revis wasn't playing up to the contract and he voided the last two years he was a free agent and the team could let him walk. As it turns out, $20M over two years would be a good deal to hang onto Revis so all that that complex procedure would have done was to guarantee the money. The Jets would have been paying an under market, but guaranteed, rate. Now, as a result of the holdout, the Jets hold all the cards. Revis can be forced to play the next three years for $21M completely non-guaranteed. Then, assuming the next CBA has a similar franchise tag as the current CBA, they could franchise him for another year. However, long before all that occurred he would probably demand a trade to a team that would pay him more money.
From the Times -------------------------------------------------------------------------------- August 3, 2010 Revis-Jets Stalemate Was Year in MakingBy GREG BISHOP CORTLAND, N.Y. — The backdrop behind the Darrelle Revis contract stalemate centers on Leon Washington, a former Jets running back now playing in Seattle. His experience last season still resonates, quite strongly, throughout the locker room. After the 2008 season, Washington sought a new contract from the Jets. He wanted a deal like the one Maurice Jones-Drew signed in Jacksonville (five years, $31 million). The Jets balked. Although they valued Washington, their most valuable player in 2007, they did not consider him an every-down back. Washington said the Jets reminded him of his importance, told him they wanted him to stay and said they wanted to work out another deal. Washington held out, but that lasted only a few hours. He played the 2009 season under a $1.1 million contract that seemed below market value. But his season ended in October, in Week 7, when he broke his leg in a blowout victory against Oakland. The Jets traded him during the draft in April for a fifth-round pick. Linebacker David Harris and cornerback Dwight Lowery, among others, said this week that the entire team took note. “You have to get what you can, when you can,” Lowery said. Washington agreed this week that his situation probably had an effect on Revis in contract negotiations. The two remain good friends. Their families are also close. Washington said he never instructed Revis to hold out, but repeatedly told Revis to “do what’s best for your family.” If that meant holding out, so be it. Washington said his 2009 experience “absolutely” played a role in Revis’s situation. Told that it also appeared to have an effect on the Jets’ locker room, he added: “I’m close with all the guys over there, so we still talk often. They have lives, too. The situation there in New York, that’s their situation. I’m in Seattle. I’ve got a whole different outlook. When it comes to Darrelle, obviously, my situation makes them think differently.” When Washington was traded, his wife posted on Twitter about the abnormally high number of Jets contracts that are due. Her posting proved correct and also indicated that the players were aware of the Jets’ multitude of players seeking new deals. None are more important than Revis. The Jets recently finished a contract extension for left tackle D’Brickashaw Ferguson, but they have yet to complete negotiations with Revis, Harris and center Nick Mangold — the so-called Core Four. The team must also decide whether to retain cornerback Antonio Cromartie, or wide receivers Braylon Edwards and Santonio Holmes, beyond this season. “The thing that people have to realize, and fans have to realize, that as players we love to play football,” Washington said. “As coaches, they love to coach football. As an organization, they love football. “But it’s a business, and so many people lose track of that. A guy like Darrelle, an older guy going into his fourth year, he saw examples of me, what happened, and I think he’s just trying to learn from it.” http://www.nytimes.com/2010/08/04/sports/football/04jets.html?_r=1&ref=sports&pagewanted=print
