Green Bay Packers Forum

Welcome to your Green Bay Packers Online Community!

Since 2006, PackersHome has been providing a unique experience for fans.
Your participation is greatly anticipated!
Login or Register.
Go to last post Go to first unread
Offline Zero2Cool  
#1 Posted : Friday, August 22, 2008 3:18:03 PM(UTC)

Yahoo! NCAA March Madness - Gold: 2015Yahoo! Fantasy Football - Gold: 2009FleaFlicker Fantasy Football - Silver: 2010Yahoo! NCAA March Madness - Silver: 2011ESPN NCAA March Madness - Bronze: 2010Yahoo! NCAA March Madness - Bronze: 2013

Rank: Premier Member
United States
Joined: 10/13/2006(UTC)
Location: Green Bay, WI
Applause Given: 2,206
Applause Received: 3,065
In the monumental trade of Brett Favre from the Packers to the Jets, there appears to be a twist in the contract that has not been previously reported.

The Jets admirably did not renegotiate Favres 12M salary this year to fit the contract under their Cap, resisting temptation to gain some short-term Cap relief in exchange for added Cap charges from this contract next year and the year after.

We have learned that the contract was renegotiated, however. The terms on the back side of the deal have been altered to the benefit of Favre.

When I negotiated this 10-year, 101M contract in 2001, it required, as all Packer contracts do, a number of appearances on behalf of the club, some workers compensation guidelines, and bonus recovery provisions in case of immoral behavior or retirement. Those clauses are standard boilerplate in the industry. Now in year eight of ten, that contract was assigned to the Jets in the recent trade.

The contract, however, no longer contains those terms. According to multiple sources, there is no backside to the existing contract between Favre and the Jets. Favres agent, Bus Cook, and the Jets have renegotiated the contract to consist of the identical financial terms from the Packers contract 12M this year, 13M next and 14M in 2010 and nothing more. The language concerning appearances for the club and recovery of bonus due to retirement is no longer part of the deal.

Favre, if willing, is free to make appearances on behalf of the Jets to promote the team as it starts to play in a new stadium next season, but he has no contractual obligation to do so. Favre can also retire from the Jets at any time and have no obligation to forfeit any of the bonus monies he has received (Tampa Bay recovered 3.5M from Jake Plummer after trading for a contract that required recovery upon retirement).

A renegotiation such as this could present a dangerous precedent for players who are traded and make certain non-economic demands, as well as for star players who want concessions outside of salary and bonus provisions.

However, it is understandable that Mike Tannenbaum and the Jets made some concessions to bring this iconic brand to their franchise. With Favres tepid interest in playing for the Jets an issue prior to the trade, the renegotiation of his marketing and bonus recovery rights made the trade more palatable to the Favre camp at the time.

Another nugget from the Favre-Packers-Jets biopic; more to come in weeks ahead.
Rss Feed 
Users browsing this topic
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.



Fan Shout
buckeyepackfan (3h) : Happy Birthday Grizz!!!!
buckeyepackfan (3h) : GAMEDAY! GO! PACK! GO!
Mucky Tundra (4h) : oh sure, now it works for me
Mucky Tundra (4h) : is this working now?
Tezzy (6h) : Gobble! Gobble!
porky88 (8h) : Hope you all have a Happy Thanksgiving!
yooperfan (12h) : Game Day! Happy Thanksgiving!
Zero2Cool (25-Nov) : Micah Hyde is Questionable
Zero2Cool (25-Nov) : TE Martellus Bennett won't play on Thursday night
gbguy20 (25-Nov) : any news on Hyde?
Zero2Cool (24-Nov) : Yes
Zero2Cool (23-Nov) : Today's Birthdays: polargrizz (61)
Smokey (22-Nov) : Game On in CHAT
packerfanoutwest (22-Nov) : false start on Newton was not called
hardrocker950 (22-Nov) : Skins are keeping pace with Carolina
buckeyepackfan (22-Nov) : GAMEDAY! GO! PACK! GO!
buckeyepackfan (22-Nov) : GOOD MORNING PACKER FANS!
yooperfan (22-Nov) : Game Day! Biggest game of the year to date.
yooperfan (21-Nov) : Loved seeing Ohio State get beaten
Zero2Cool (19-Nov) : Who ya got in tonight's game?
Zero2Cool (18-Nov) : Damn! Jared Abbrederis (ribs) is going to be several weeks.
Mucky Tundra (18-Nov) : haha get rekt
gbguy20 (18-Nov) : thataboy kevin
Zero2Cool (18-Nov) : Looking forward to more intelligent commentary from Aikman. Lucky we get a good crew again.
Zero2Cool (18-Nov) : Feel free to frequent them. I couldn't care less about your accusations.
texaspackerbacker (18-Nov) : there are a lot of places that don't have megalomanic moderators sticking their noses in/deleting posts/shit like that.
Wade (17-Nov) : since I don't have time to post much, and less time to write, it's a moot point for me.
Zero2Cool (17-Nov) : When people can talk politics and religion without putting one another down, maybe then. Otherwise, take it elsewhere and leave it there.
texaspackerbacker (17-Nov) : oh I see. Bring it on. I'm getting my fix of both in some other forums, but always glad to comment if something gets started here too.
Wade (17-Nov) : and no...don't miss miss talking religion tho.
Wade (17-Nov) : Tex....the "think about it" box yesterday (over on the right side of this page) had a Roosevelt quote yesterday.
Zero2Cool (17-Nov) : How ya'all doing in your Pick'em?
texaspackerbacker (17-Nov) : where did that come from? missing politics, are ya?
Wade (16-Nov) : btw...eleanor roosevelt was a pinhead. people matter more than either events or ideas; so great minds are better focused on people.
Please sign in to use Fan Shout

Road To Super Bowl 50
Sunday, Sep 13 @ 12:00 PM
at Bears
Sunday, Sep 20 @ 7:30 PM
Monday, Sep 28 @ 7:30 PM
Sunday, Oct 4 @ 3:25 PM
at 49ers
Sunday, Oct 11 @ 12:00 PM
Sunday, Oct 18 @ 3:25 PM
Sunday, Oct 25 @ 12:00 AM
- BYE -
Sunday, Nov 1 @ 7:30 PM
at Broncos
Sunday, Nov 8 @ 12:00 PM
at Panthers
Sunday, Nov 15 @ 12:00 PM
Sunday, Nov 22 @ 3:25 PM
at Vikings
Thursday, Nov 26 @ 7:30 PM
Thursday, Dec 3 @ 7:25 PM
at Lions
Sunday, Dec 13 @ 3:25 PM
Sunday, Dec 20 @ 3:05 PM
at Raiders
Sunday, Dec 27 @ 3:25 PM
at Cardinals
Sunday, Jan 3 @ 12:00 PM

Think About It
Think About It

Recent Topics
15m / Green Bay Packers Talk / Zero2Cool

21m / Green Bay Packers Talk / Zero2Cool

3h / Green Bay Packers Talk / nerdmann

5h / Green Bay Packers Talk / DoddPower

12h / Green Bay Packers Talk / yooperfan

18h / Green Bay Packers Talk / nerdmann

25-Nov / Green Bay Packers Talk / Smokey

25-Nov / Green Bay Packers Talk / DoddPower

25-Nov / Green Bay Packers Talk / nerdmann

25-Nov / Green Bay Packers Talk / flep

24-Nov / Green Bay Packers Talk / DoddPower

24-Nov / Green Bay Packers Talk / Zero2Cool

24-Nov / Green Bay Packers Talk / Cheesey

24-Nov / Green Bay Packers Talk / gbguy20

24-Nov / Green Bay Packers Talk / nerdmann