Zero2Cool
17 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.


UserPostedImage
Fan Shout
Zero2Cool (7h) : new site, text editor gooder even on phone
beast (8h) : Oh yes, sometimes they make using a cellphone tough. I just wanted to make sure it was the correct article, & thank you for pointing it out.
jdlax (9h) : I can't believe one of my teams went out and wablammo just up and acquired one of the best players in the world overnight
dfosterf (14h) : I do very much appreciate when Beast and others pick up my slack 😊
dfosterf (14h) : I accept Beast's admonishment regarding my failure to link stuff I reference. I simply never learned to link from my cell phone.
beast (14h) : That's not what your she said 😌, she said keep going 😏
Mucky Tundra (17h) : Anything over 4 hours means he needs to get to the hospital
Mucky Tundra (17h) : Someone might want to check on Hafley and make sure his erection has gone down
Zero2Cool (19h) : LaFleur texts "bleep me I cannot sit down"
Zero2Cool (19h) : YouTube has had me last hour or two lol
Mucky Tundra (19h) : Ugh this trade happened right as my shift started and it's killing me
Zero2Cool (19h) : Parsons wore 23 in high school.
Zero2Cool (20h) : Packers just cost Lions more money with Hutchinson too huh
Zero2Cool (21h) : That is fair by me.
buckeyepackfan (21h) : Kenny Clark is the player, 2 1st rnd picks
Zero2Cool (21h) : umm... what?
wpr (21h) : I am stunned
Mucky Tundra (21h) : RICKEY SCOOPS WAS RIGHT AGAIN!!!
Mucky Tundra (21h) : ITS HAPPENING
buckeyepackfan (21h) : DEAL IS DONE
buckeyepackfan (21h) : MICAH IS COMING TO GREEN BAY!!!!!!!!!
wpr (28-Aug) : Me do-ed it gooderly,
Zero2Cool (28-Aug) : Bahah, I was like WTF why isn't anyone posting on PP.com ... oops no one has permissions
dfosterf (27-Aug) : tell her I reckon
dfosterf (27-Aug) : Micah Robinson cut. Probable PS player tomorrow. Has to call mom back and t
Zero2Cool (27-Aug) : New site so much better. Might make switch and deal with it.
dfosterf (27-Aug) : Mecole Hardman to our practice squad
dfosterf (27-Aug) : Nick Nieman from Texans our 5th linebacker. Special teams signing
TheKanataThrilla (27-Aug) : Looks like we signed Clayton Tune as QB3
wpr (27-Aug) : TKT people lose their minds over QB3. Point is almost none of them are ready that's why they are on the PS and other teams don't take them.
TheKanataThrilla (27-Aug) : Unfortunately he doesn't seem ready to be an emergency QB.
TheKanataThrilla (27-Aug) : As a Canadian and a follower of Canadian University football. I am rooting for him
dfosterf (27-Aug) : I bet a lot of us will follow the Taylor Elgersma journey with interest. Personally, got a Kurt Warner vibe goin' on. I like him
TheKanataThrilla (27-Aug) : Not sure if either will be claimed though.
TheKanataThrilla (27-Aug) : Tune or Hooker would make sense
dfosterf (27-Aug) : Clayton Tune cut by the Cards? Don't know if that's the guy, we shall see
TheKanataThrilla (27-Aug) : Per Bill Huber, the Packers will not be bringing back Taylor Elgersma or Sean Clifford on the practice squad, so a new third quarterback
Mucky Tundra (27-Aug) : Schefter must have deleted his tweet
dfosterf (27-Aug) : Hopefully Jerry reaches under the seat cushions and ashtrays of his jet and scrapes up the 45 million apr and spares us further nonsense
dfosterf (27-Aug) : Have to admit the PO'd Cowboy fan videos would be fun to watch. Problem with draft picks is half their fanbase barely knows what that is
beast (27-Aug) : I think Cowboys fans are ready to get their pitch forks and burning sticks if Jerry were to trade Micah
dfosterf (27-Aug) : If Jerry traded Micah to GB, here in northern Va. they would have to quick build yet another data center to handle the internet hate traffic
Zero2Cool (27-Aug) : its signing and trades that you don't hear about, other then announced
Zero2Cool (27-Aug) : If you hear rumors about Packers sign or trade, won't happen. Not how they work
dfosterf (27-Aug) : 19 players in a contract year. Jones called loss to us worst loss in Cowboy history. Forget Parsons trade. Not happenin' Cap'n
packerfanoutwest (27-Aug) : The Packers, meanwhile, are the youngest team in the league for the third consecutive year.
dfosterf (27-Aug) : That it was darkest before the dawn in Bengals and Commanders before they got deals done
Zero2Cool (27-Aug) : what is Schefter saying?
dfosterf (27-Aug) : He was getting Dorito infusion therapy
dfosterf (27-Aug) : He's outta shape. Why, just the other day I saw him splayed out on the trainers table
Please sign in to use Fan Shout
2025 Packers Schedule
Sunday, Sep 7 @ 3:25 PM
LIONS
Thursday, Sep 11 @ 7:15 PM
COMMANDERS
Sunday, Sep 21 @ 12:00 PM
Browns
Sunday, Sep 28 @ 7:20 PM
Cowboys
Sunday, Oct 12 @ 3:25 PM
BENGALS
Sunday, Oct 19 @ 3:25 PM
Cardinals
Sunday, Oct 26 @ 7:20 PM
Steelers
Sunday, Nov 2 @ 12:00 PM
PANTHERS
Monday, Nov 10 @ 7:15 PM
EAGLES
Sunday, Nov 16 @ 12:00 PM
Giants
Sunday, Nov 23 @ 12:00 PM
VIKINGS
Thursday, Nov 27 @ 12:00 PM
Lions
Sunday, Dec 7 @ 12:00 PM
BEARS
Sunday, Dec 14 @ 3:25 PM
Broncos
Friday, Dec 19 @ 11:00 PM
Bears
Friday, Dec 26 @ 11:00 PM
RAVENS
Saturday, Jan 3 @ 11:00 PM
Vikings
Recent Topics
2m / Green Bay Packers Talk / Mucky Tundra

15m / Green Bay Packers Talk / Mucky Tundra

1h / Green Bay Packers Talk / dfosterf

4h / Green Bay Packers Talk / wpr

17h / Green Bay Packers Talk / Zero2Cool

17h / Green Bay Packers Talk / Zero2Cool

22h / Green Bay Packers Talk / beast

28-Aug / Green Bay Packers Talk / wpr

28-Aug / Feedback, Suggestions and Issues / Zero2Cool

27-Aug / Fantasy Sports Talk / Zero2Cool

27-Aug / Green Bay Packers Talk / beast

27-Aug / Green Bay Packers Talk / Cheesey

26-Aug / Green Bay Packers Talk / wpr

26-Aug / Green Bay Packers Talk / wpr

25-Aug / Green Bay Packers Talk / wpr

Copyright © 2006 - 2025 PackersHome.com™. All Rights Reserved.