Labor Deadline Extended. Deal Done!!!! (MERGED 4X)

Discussion in 'New York Jets' started by hydro51, Mar 8, 2006.

  1. NewEra06

    NewEra06 New Member

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    If you think about it...its not that hard to believe. Woody is in love with the Patriots. He will do anything to copy that franchise and to be honest i dont blame him. I would rather he copy them then the Saints.
     
  2. NYJ_Pogmothoin

    NYJ_Pogmothoin New Member

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    Is that number including Abraham. When we trade him won't 8 mil come off the cap, or because he hasnt signed the tender it currently isn't in the 84 million cap number?
     
  3. NewEra06

    NewEra06 New Member

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    The cap will acually be at 102 million dollars and Abe's tag number has been on our cap the second they designated him our franchise player.
     
  4. AMJets

    AMJets Well-Known Member

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    I'd say right now we're $18-$19M under, and I THINK that includes Abraham's $8.3M.
     
  5. Pride

    Pride New Member

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    i dont believe Abe is counting against the cap but the number 22,158,112( cap space) is the most beautiful thing i have seen as a Jet fan in a while
     
  6. NewEra06

    NewEra06 New Member

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    I am not sure exactly what our cap number is..i dont think anyone does, but i do know abe is counting on our cap right now.
     
  7. Pride

    Pride New Member

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    I just used this figure from jetscap.com
     
  8. MisterMoss

    MisterMoss PRO-American

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    http://www.washingtonpost.com/wp-dyn/content/article/2006/03/08/AR2006030801942.html

    NFL Owners Vote to Approve New Labor Deal

    By Mark Maske
    Washington Post Staff Writer
    Wednesday, March 8, 2006; 8:44 PM

    GRAPEVINE, Tex., March 8 -- The NFL's team owners voted Wednesday to approve a labor deal with the players' union, ending a dispute that had threatened to wipe out the salary cap system and possibly produce a courtroom confrontation between owners and players.

    The owners also agreed to a system that increases the degree to which the teams share locally generated revenues, easing the concerns of some owners about a growing economic divide between clubs.

    The labor deal apparently is for six seasons, running through the 2011 season, and sets the salary cap for the players at slightly less than 60 percent of a greatly expanded pool of league revenues. The owners' ratification of the deal, which was proposed by the union and delivered to the owners here Tuesday by NFL Commissioner Paul Tagliabue, came after they met for two days at a Dallas-Fort Worth airport hotel.

    The final vote was not immediately clear, but ratification required the approval of at least 24 of the 32 teams.

    The immediate effect is that teams that had been facing a salary cap crunch, including the Washington Redskins, now have more wiggle room beneath the cap to retain players and sign new ones. The labor extension will raise the cap to more than $100 million per team, up from the $94.5 million per club that would have been allotted without a new labor deal. The labor extension also eases some restrictive salary cap rules, related to the expiration of the cap, that would have taken effect and further hindered teams in negotiating contracts with players.

    The league's free agent market is scheduled to open at 12:01 a.m. (EST) Friday. The league and union agreed Monday, when they put the players' proposal into writing, to push back free agency by 24 hours if the owners approved the deal. Teams must be under the new salary cap by Thursday night. That deadline would have come Wednesday night if the owners had rejected the players' proposal, and the free agent market would have opened at 12:01 a.m. (EST) Thursday.

    Tagliabue and Gene Upshaw, the executive director of the NFL Players Association, agreed Monday that there would be no further negotiations between the two sides and this proposal would be a take-it-or-leave-it offer for the owners. The league agreed to give Upshaw an answer by 8 p.m. (EST) Wednesday. Upshaw is in Hawaii for a meeting of the players' executive board.

    When Tagliabue presented the proposal to the owners Tuesday, he told them that many of them had not been around for the league's labor strife in the 1980s and urged them not to repeat it. He told them it was important for them to resolve this dispute and find a way to work with the players. Sources said that Tagliabue worked behind the scenes Wednesday to get the deal ratified.

    The recent labor pains had been unusual for the NFL, which had benefited from a cooperative relationship been the owners and the union since the early '90s while cementing its status as the nation's most prosperous sports league. Now the league has labor peace to go with a set of new national television contracts that will be worth almost $4 billion annually beginning next season.

    The twin labor and revenue-sharing disputes arose from the fact that a group of about eight teams, including the Redskins, has far surpassed the other clubs in revenue-generating capabilities in recent years. All 32 teams share national revenues equally. But the Redskins' Daniel Snyder and the owners of the other high-revenue franchises tapped into revenue streams -- from sources that include stadium naming rights, luxury boxes and local sponsorships -- that didn't have to be shared with the other clubs. Owners of low-revenue teams expressed concerns that the growing disparity eventually could lead to a competitive imbalance and sought to overhaul the revenue-sharing system to have more local revenues shared. Owners of high-revenue teams resisted, arguing that they had paid premium prices for their franchises and should not have to further subsidize other clubs that might be, in some cases, mismanaged.

    Upshaw, meantime, sought to have the new revenues included in the pool from which the players are paid. Before this settlement, the players received about 65 percent of a smaller revenue pool known as defined gross revenues. The new, larger revenue pool is called total football revenues, and the players are to receive approximately 59.5 percent of it.

    The new deal contains a mechanism to adjust the salary cap based on how much the teams collectively spend on player compensation. If the teams collectively spend more than the salary cap in a season -- which is possible since the cap is a flexible spending limit -- the cap would be automatically adjusted downward in subsequent seasons. If the teams collectively spend less than the salary cap in a season, the cap would be automatically adjusted upward in the future.

    The previous labor deal would have kept the salary cap in place through the 2006 season, then there would have been a season without a salary cap in 2007 before the agreement expired. Upshaw had said that if this proposal was rejected by the owners, he would begin discussing with the players the possibility of decertifying the union as a tactic to prevent a lockout by the owners in 2008. The players decertifying the union would have enabled the owners to implement any system they liked but would have given the players the option of filing an antitrust lawsuit.

    Negotiations broke down several times in recent weeks but the two sides repeatedly pushed back the opening of free agency. Upshaw had said that once free agency began, he was done bargaining because the players would have been that much closer to a season without a salary cap. He'd maintained that the salary cap never would have returned if a season had been played without one.

    The owners arrived here Tuesday saying they were committed to working out their differences for the good of the sport. But even with that spirit of cooperation, they had the troublesome issue of revenue-sharing to resolve. They considered three different plans and met until about 11:15 p.m. (EST) Tuesday, then resumed their deliberations this morning at 9. Finding a solution wasn't easy. During a late-morning break in the meeting, Indianapolis Colts owner Jim Irsay walked to an elevator and said: "It's not even close to a consensus."
     
  9. Jtuds

    Jtuds Active Member

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    Clayton is the same guy that reported the Abraham to the Lions rumour.
     
  10. wildthing202

    wildthing202 Active Member

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    So how did it happen? Was it just the Jets/Pats plan or did the Steelers and Ravens plans played a role also?
     
  11. MisterMoss

    MisterMoss PRO-American

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  12. AMJets

    AMJets Well-Known Member

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    Mainly Jets/Pats, a little influence from Steelers/Ravens.
     
  13. abyzmul

    abyzmul R.J. MacReady, 21018 Funniest Member Award Winner

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    I can't belive we have that much cap room, but it must be true because it's everywhere I look. And for those of you that think this plan to cut vets and scream below the cap is something that Tannenbaum devised within the time he has been GM, I think you are very wrong.

    Bradway came out and stated that the cap situation wasn't as big of a problem as it was being made to look. I also think it's the reason he stepped down. To do this we cut half the veteran core of our team. It's been stated that Bradway has never and would never rebuild a team, so I think this plan was a key factor in him stepping down.

    This offseason is going to kick ass. Hopefully it isn't the only thing we'll have to look forward to in 2006.
     
  14. EcKo151

    EcKo151 Active Member

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    Post of the thread.

    This is wonderful for NFL fans...It keeps the NFL out of chaos for 07-08 when that came around, the sport could of taken a real bad black eye. But thankfully an agreement was made. It's the best sport in america, and we should all be happy about this:beer:
     

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