Green Bay Packers at 04:12
1-10-GB 35 (4:12) 30-J.Kuhn left guard to GB 37 for 2 yards (52-D.Harris, 91-S.Pouha).
Timeout #1 by NYJ at 04:08.
2-8-GB 37 (4:08) 32-B.Jackson right end to GB 35 for -2 yards (22-B.Pool, 57-B.Scott).
Timeout #2 by NYJ at 04:03.
3-10-GB 35 (4:03) 32-B.Jackson right end to GB 36 for 1 yard (97-C.Pace).
Timeout #3 by NYJ at 03:59.
4-9-GB 36 (3:57) 8-T.Masthay punts 41 yards to NYJ 23, Center-61-B.Goode, out of bounds.
New York Jets at 03:50
So lets say 4:12 - 3:32. 3:32 - 2:58. Then call a timeout. You'd have the ball back with lets say 2:50 with 2 timeouts. Then lets say you run 3 pass plays and miss (7 seconds each), you could punt it with 2:29 or whatever and have 2 timeouts and the 2 minute warning, still only being down by 6.
And that assumes that the Packers still run on 3rd down (as I would guess that the Packers may choose to just throw on 3rd down as the Jets were not burning timeouts).
I just don't see the upside between having the ball with 2:50 with 2 timeouts versus having the ball with 3:50 with no timeouts. By using all your timeouts at 4:00, you are conceding that this will be your last drive either way. So why not just save the timeouts and see what happens.
Also lets say its 3rd and 8 with 2:58 left and you then use your first timeout. Then lets say the Packers convert. Then you still have a chance to 2:58-2:54 (2nd timeout), 2:54-2:50 (3rd timeout), 2:50-2:10, then get the ball back. The saving timeout strategy also would have given your team leeway if the Packers convert (which didn't happen here but still).
Also I thought horrible 3rd down call on the 2nd last drive. Why go for hte endzone, why not run a screen or even a run to make a shorter 4th down situation as you are in 4th down territory. I was confused by Rex Ryan.