Revis Cap hit

Discussion in 'New York Jets' started by sec314, Mar 10, 2013.

  1. sec314

    sec314 Well-Known Member

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    Because of the bonus money and the void for the last 2 years on the current contract, we are going absorb a major cap hit if we trade him. Depending on when we trade, it could be this year, this year and next year or next year. Either way, Tanny really screwed us. I had no idea this was the situation, man this is bad


    www.nyjetscap.com/2013_Articles/trade-timeline.html
     
  2. Hobbes3259

    Hobbes3259 Well-Known Member

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    You take the medicine now. Trade hm for a second round pick if you have to...but get him off the books.

    Carry no liability forward.

    The team looks to improve this year, and next year with no undue cap implications, you'll be free to make whatever move you need to get over the top.

    Team won 6 games, with a crap OC, and every skill player not named Kerley missing significant time.

    Health, and coaching should be worth three games or four over 16.

    In 14 you dont want to be carrying Revis.

    Though...it's very possible his agents will explain to him that the age of the big money deal is pretty much gone...and he'll come to his senses, take a reasonable deal ( to me that's < 8 mil a year total over 4 or 5)....
     
  3. Unhappyjetsfan

    Unhappyjetsfan Well-Known Member

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    This. Same approach we should have with Sanchez.
     
  4. RobA

    RobA 2005-2007 TGG.com Most Optimistic Award Winner

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    Or simply let him play out his contract, and the cap hit will only be 6 million this year, and nothing in the future, correct?
     
  5. NotSatoshiNakamoto

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    Unfortunately that isn't the case. If he plays out the contract and walks we take a dead money hit for the prorated bonus.
     
  6. LongIslandBlitz

    LongIslandBlitz Well-Known Member

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    ive been saying this all along, its gonna cause major cap problems if we trade him. If our cap situation wasnt bad enough already this will handicap it for years to come. If we trade him during the season we take the least cap hit. Or if we trade him after june 1st and before training camp we take only a 5 million hit as if we tade him in the next month we take a 14 milliondollar hit. so it would be ideal to wait until june 1st
     
    #6 LongIslandBlitz, Mar 10, 2013
    Last edited: Mar 10, 2013
  7. 1968jetsfan

    1968jetsfan Well-Known Member

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    If Revis walks after the season the Jets get hit with either a 6 or 9 million cap hit, I don't recall which off hand.
     
  8. Footballgod214

    Footballgod214 Well-Known Member

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    I know this would never happen, but if Revis decides to 'retire' or gets run over by a party bus or shoots himself in the leg in a NYC nightclub or for whatever reason he can't/doesn't play football in 2013 how much are the Jets screwed?
     
  9. Br4d

    Br4d 2018 Weeb Ewbank Award

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    It's a really nasty puzzle to sort out.

    Note that the Jets currently do not have the cap space to do a Revis trade. Here are a few ways the Jets could make the room to trade Darrelle Revis:

    1. Cut Sione Pouha and Tim Tebow.

    Letting both of these guys go recoups $4.88M in cap space and the Jets barely slide under the cap limit as they trade Revis. They'll need more cap space for the season though.

    2. Trading Antonio Cromartie after 3/12 and before 3/14.

    Trading Cromartie before his roster bonus is due on 3/14 gets the Jets $8.25M in cap space. If the Jets are trading Revis before June 1st It's hard to see how they aren't working on this as we speak. It's the best possible way to get enough cap space to make everything else work. If the Jets trade Cromartie after 3/14 they'll recoup $5.95M in cap space.

    3. Rework Santonio Holmes, David Harris, Mark Sanchez, D'Brickashaw Ferguson or Nick Mangold.

    Really only Sanchez or Ferguson would provide enough relief to help with a Revis deal. That's because they're the guys who actually have a good sized salary and/or bonus to cut down to minimum and enough years left to prorate the rest on. Mangold you could get some relief from but his salary is only $2.51M this year with a $3M bonus. Holmes and Harris only have 2 years left on their deals. Can't prorate well over only two caps. Both of them would have to take a pay cut to really help on the cap.

    All the guaranteed money is really screwing the Jets right now. Can't threaten to cut people you have to pay anyway because the cap relief is going to be miniscule or non-existent and you have no leverage to get them take cuts. The Jets have some leverage over Holmes but the other guys are squatting on the cap with no relief in sight.
     
    #9 Br4d, Mar 10, 2013
    Last edited: Mar 10, 2013
  10. ajax

    ajax Well-Known Member

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    Tanny put the Jets in a bad situation. Unable to franchise Revis has killed Jets leverage when it comes to trades. If Revis new team could franchise him for one more season, Jets would have so much better bargaining power.

    Coming back to your post: Trading Revis is a cap hit now & many posters are already aware of this. However, Jets aren't a SB contender this season. Take the lumps now & get it over with. It's time to start clearing the mess Tanny created so new GM can have the freedom to make moves in the future.
     
    #10 ajax, Mar 10, 2013
    Last edited: Mar 10, 2013
  11. Unhappyjetsfan

    Unhappyjetsfan Well-Known Member

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    No, if we traded him today, it would handicap us for this year only. And that's why we should do it.

    No, it would be ideal to trade him immediately. It would wreck the cap for this year only - and since we're not winning a Super Bowl next year regardless of what personnel moves we make, that is the best option.
     
  12. RobA

    RobA 2005-2007 TGG.com Most Optimistic Award Winner

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    Ouch, Tanny really did screw us.
     
  13. Don

    Don 2008 TGG Rich Kotite "Least Knowledgeable" Award W

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    Haha..people are finally paying attention.
     
  14. Attackett

    Attackett Well-Known Member

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    I can't fault Tanny going for broke and trying to gets us a SB. Unfortunately we're paying for it now and didn't get the job done. Sucks now but I hope our next GM does the same thing if we ever get close again.

    As for Revis, there are two options and two options only for this offseason. We either trade him immediately or we sign him immediately. We go into the season with him and it becomes one option and that is losing him at end of year.

    The injury was bad timing but what is ultimately gonna hurt his value is his contract more so than his injury. I'm sure most times are far more confident he will recover from his injury than they are about signing him to a reasonable long term contract.

    The combination though I'm afraid is killing his value. Right now I'd be surprised if we get any more then a 2nd and another pick either this or next. Ideally I'd like to get more then that but will have no choice but to accept a deal far below what his value should be.
     
  15. xxedge72x

    xxedge72x 2018 Gang Green QB Guru Award Winner

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    Mike T's mistake was giving Revis a bandaid contract when he should've just settled it once and for all. He tried to maintain status quo a little bit longer and it blew up in the Jets face.
     
  16. themorey

    themorey Well-Known Member

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    All these teams are denying interest in trading for Revis because Idzik is actually offering Cromartie instead. That frees up some cap space and will help resign Revis long term. That's me playing devil's advocate.
     
  17. Noam

    Noam Well-Known Member

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    That was not Tanny's mistake. He did not want to do the contract. Mainly because he did not want to give Revis all the leverage by giving up the ability to tag and restrict him. He said so after the deal was done. It was Rex who wanted the contract done. Tanny was willing to wait.
     
  18. Br4d

    Br4d 2018 Weeb Ewbank Award

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    I think the mistake was in trying to create a contract extension in which Revis could not hold out. The Jets gave up too much in that effort when they gave up the franchise tag.

    Revis was holding out in the 4th year of a 6 year deal when he went out. The Jets should have just said no that year but promised him a renegotiation in 2011 if Revis repeated his all-world performance of 2009.

    Then in 2011 the Jets would either have signed Revis to a 4 year extension through 2014 at maybe $13M a year - an extension that preserved the option of trading him for full value - or they'd have traded him with 2 years left on his deal and the franchise tag available for the new team.

    The cost of giving in on Revis second holdout was the situation the Jets are in now, with very little leverage and basically relying on Revis play value for the year to make a deal possible for them.
     
  19. FJF

    FJF 2018 MVP Joe Namath Award Winner

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    i could be wrong,but iirc t was handcuffed by the c.b.a. at the time.
    some one else can elaborate more i think
     

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