Will the decision on chad still be made by tonight?

Discussion in 'New York Jets' started by RobA, Mar 2, 2006.

  1. RobA

    RobA 2005-2007 TGG.com Most Optimistic Award Winner

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    With the league year now extended by 3 days, will chad's deal still be done by tonight? Since he's due 3 million tomorrow, they would have to make a deal tonight, yes?
     
  2. sanchizeqb

    sanchizeqb Active Member

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    If he is still due 3 mil tommorow, then I believe so.
     
  3. DROB63Cmart28

    DROB63Cmart28 Banned

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    I think bye midnight tonight.
     
  4. Long Time Jet Fan

    Long Time Jet Fan New Member

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    Good question. Not sure if the bonus he's due goes by the date or the beginning of the next season. My guess is they probably have until Monday but I'm not 100% certain of that.
     
  5. Cinvis

    Cinvis New Member

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    Again it depends on the language of the contract. If it states March 3 then he has to be paid that tomorrow. If it states the first day of the league year, then it is delayed until monday.
     
  6. jonnyd

    jonnyd 2007 TGG.com Funniest Poster Award Winner

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    that would be my take on it
     
  7. bigalxc

    bigalxc Active Member

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    that would be my take on it as well
     
  8. Pride

    Pride New Member

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    thsi looks like the end 4 Chad, it was a fun ride while it lasted
     
  9. SigmaXJet

    SigmaXJet Active Member

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    probably at midnight
     
  10. AMJets

    AMJets Well-Known Member

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    They don't have to make a move now until Sunday.
     
  11. sanchizeqb

    sanchizeqb Active Member

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    Not if his contract states that his roster bonus is DUE on March 3rd and not at the end of the officiall date of the end of the past season.
     
  12. The Dark Knight

    The Dark Knight Well-Known Member

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    He is staying in green.
     
  13. AMJets

    AMJets Well-Known Member

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    The bonus was due 3/3 because that was the start of the new league year. Now his bonus is due 3/6.
     
  14. Joe Willie White Shoes

    Joe Willie White Shoes Well-Known Member

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    Everything I have heard and read today indicates that the Jets are close to making a deal to keep Pennington. I for one am damn glad he is staying.
     
  15. Cinvis

    Cinvis New Member

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    Since no one has seen the wording of the contract, that can't be confirmed, but it makes sense.
     
  16. JetsIn2004

    JetsIn2004 Banned

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    He's not due the 3M tomorrow, per se. He's due the 3M the first day of the league year. Contracts very rarely have hard dates in them in the NFL. They tend to all relate to the "beginning of the league year"
     
  17. JetsIn2004

    JetsIn2004 Banned

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    This wouldn't work, and I'll explain why.

    If he is to be paid tomorrow, as a HARD date, the 3M would actually count against the 2005 salary cap, not 2006.

    He's due the money the 1st day of the league year... which is now 3/6.
     

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