Zero2Cool
16 years ago

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.


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beast (4m) : College Coaches wouldn't want that publicly, as it would hurt recruiting and they might not get the job.
beast (5m) : I thought they were supposed to publicly announce them, at least the NFL ones. Hafley was from college, so I believe different rules.
Mucky Tundra (9m) : Who knows who they're interviewing? I mean, nobody knew about Hafley and then out of nowhere he was hired
beast (3h) : I wonder what's taking so long with hiring a DL coach, 2 of the 3 known to interview have already been hired elsewhere.
Zero2Cool (27-Jan) : Packers coach Matt LaFleur hires Luke Getsy as senior assistant, extends Rich Bisaccia's deal
Zero2Cool (27-Jan) : Chiefs again huh? I guess another Super Bowl I'll be finding something else to do.
Mucky Tundra (27-Jan) : Chiefs Eagles...again...sigh
dfosterf (27-Jan) : Happy Birthday Dave!
Mucky Tundra (27-Jan) : happy birthday dhazer
TheKanataThrilla (26-Jan) : Exactly buck...Washington came up with the ball. It is just a shitty coincidence one week later
buckeyepackfan (26-Jan) : I forgot, they corrected the call a week later. Lol btw HAPPY BIRTHDAY dhazer!
buckeyepackfan (26-Jan) : That brings up the question, why wasn't Nixon down by contact? I think that was the point Kanata was making.
buckeyepackfan (26-Jan) : Turnovers rule, win the turnover battle, win the game.
packerfanoutwest (26-Jan) : well, he was
TheKanataThrilla (26-Jan) : Eagles down by contact on the fumble....fuck you NFL
Mucky Tundra (26-Jan) : I think this games over
beast (26-Jan) : Eagles sure get a lot of fumbles on kickoffs
Mucky Tundra (26-Jan) : This game looks too big for Washington
packerfanoutwest (26-Jan) : that being said, The Ravens are the Browns
packerfanoutwest (26-Jan) : Browns, Dolphins have longest AFC Championship droughts
packerfanoutwest (26-Jan) : As of today, Cowboys have longest NFC Championship drought,
beast (26-Jan) : Someone pointed out, with Raiders hiring Carroll, the division games between Carroll and Jim Harbaugh are back on (who can whine more games)
beast (26-Jan) : I'm confused, Pete Carroll and Brian Schottenheimer? When Todd Monken, Joe Brady, Kellen Moore, Kliff Kingsbury and Zac Robinson are availab
Zero2Cool (25-Jan) : Any reason I'm catching a shot here about my intelligence?
Martha Careful (25-Jan) : thank you Mucky for sticking up for me
Martha Careful (25-Jan) : some of those people are smarter than you zero. However Pete Carroll is not
Mucky Tundra (24-Jan) : Rude!
beast (24-Jan) : Martha? 😋
Zero2Cool (24-Jan) : Raiders hired someone from the elderly home.
dfosterf (24-Jan) : I'm going with a combination of the two.
beast (24-Jan) : Either the Cowboys have no idea what they're doing, or they're targeting their former OC, currently the Eagles OC
Zero2Cool (23-Jan) : Fake news. Cowboys say no
Zero2Cool (23-Jan) : Mystery candidate in the Cowboys head coaching search believed to be Packers ST Coordinator Rich Bisaccia.
beast (23-Jan) : Also why do both NYC teams have absolutely horrible OL for over a decade?
beast (23-Jan) : I wonder why the Jets always hire defensive coaches to be head coach
Zero2Cool (22-Jan) : Still HC positions available out there. I wonder if Hafley pops up for one
Zero2Cool (22-Jan) : Trent Baalke is out as the Jaguars GM.
dfosterf (22-Jan) : Jeff Hafley would have been a better choice, fortunately they don't know that. Someone will figure that out next off season
Zero2Cool (22-Jan) : Aaron Glenn Planning To Take Jets HC Job
dfosterf (22-Jan) : Martha- C'est mon boulot! 😁
Zero2Cool (22-Jan) : Thank you
wpr (22-Jan) : Z, glad you are feeling better.
wpr (22-Jan) : My son and D-I-L work for UM. It's a way to pick on them.
Zero2Cool (22-Jan) : Thank you. I rarely get sick, and even more rarely sick to the point I can't work.
wpr (22-Jan) : Beast- back to yesterday, I CAN say OSU your have been Michigan IF the odds of making the playoffs were more urgent.
dfosterf (22-Jan) : Glad to hear you are feeling a bit better.
Zero2Cool (22-Jan) : I've been near death ill last several days, finally feel less dead and site issues.
Zero2Cool (22-Jan) : It is a big deal. This host is having issues. It's frustrating.
Martha Careful (22-Jan) : just kidding...it was down
Martha Careful (22-Jan) : you were blocked yesterday, due to a a recalcitrant demeanor yesterday in the penalty box for a recalcitrant demeanor
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