PatriotReign37 Posted March 21, 2012 Share Posted March 21, 2012 Michael Lombardi @michaelombardi Reply Retweet Favorite · Open Denver never asked for the money back, the contract was written that way, and the Jets must not have looked at the fine print of the deal Why wouldnt Denver just void the 5 mil. They got a good deal. Link to comment Share on other sites More sharing options...
dbatesman Posted March 21, 2012 Share Posted March 21, 2012 Jets announce trade for Tebow Jets fan: I HATE THE JETS and I HATE TEBOW. THEY BOTH SUKKKK trade is held up due to contract issue Jets fan: I HATE TANNY FOR NOT READING A CONTRACT. HE SUKKKS Right. We should all be grateful Tannenbaum is so incompetent. Otherwise he might have ended up doing something really stupid. Link to comment Share on other sites More sharing options...
Bleedin Green Posted March 21, 2012 Share Posted March 21, 2012 Ok, this one made me laugh. Link to comment Share on other sites More sharing options...
dbatesman Posted March 21, 2012 Share Posted March 21, 2012 Awesome. Link to comment Share on other sites More sharing options...
CTM Posted March 21, 2012 Share Posted March 21, 2012 Ok, this one made me laugh. it was actually your sig that gave me the idea.. lol Link to comment Share on other sites More sharing options...
bitonti Posted March 21, 2012 Share Posted March 21, 2012 Right. We should all be grateful Tannenbaum is so incompetent. Otherwise he might have ended up doing something really stupid. I love the draft. Love it. There's no 4th round pick that can impact the team, the locker room and the franchise like Tim Tebow. even if it just makes Mark straight up and fly right. It's an excellent use of a pick that might just turn into the next Bilal Powell. Link to comment Share on other sites More sharing options...
PatriotReign37 Posted March 21, 2012 Share Posted March 21, 2012 Link to comment Share on other sites More sharing options...
Bleedin Green Posted March 21, 2012 Share Posted March 21, 2012 it was actually your sig that gave me the idea.. lol Glad to be of help. Link to comment Share on other sites More sharing options...
CTM Posted March 21, 2012 Share Posted March 21, 2012 Why wouldnt Denver just void the 5 mil. They got a good deal. Cause they think they duped the Jets like the idiots they are.. perhaps someone was offering more picks, but no money??? So denver took lower pic + 5M... my guess Link to comment Share on other sites More sharing options...
THE ILK Posted March 21, 2012 Share Posted March 21, 2012 Jets >>>>>>>>>>>>>>>>>>>>>>>> Mets. Link to comment Share on other sites More sharing options...
Kleckineau Posted March 21, 2012 Share Posted March 21, 2012 Ha Ha I want my money back. Premature Timjaculation. Link to comment Share on other sites More sharing options...
Jetscode1 Posted March 21, 2012 Share Posted March 21, 2012 The rumor I'm hearing is Tanny knew of the $5M clause but wanted to get the fan reaction before going ahead with the deal. When he heard so many Jets fans on JN and other sites would quit supporting the team he refused to finalize the deal. Link to comment Share on other sites More sharing options...
villain_the_foe Posted March 21, 2012 Share Posted March 21, 2012 Mike Klis @MikeKlis Jets announced trade _ and th-e-e-e-e-n looked at Tebow's contract. Twitter right? Exactly the reason why I hate twitter. For the record, the use of twitter (along with mass stupidity) just cost the Jets 5 million. Link to comment Share on other sites More sharing options...
BaumerJet Posted March 21, 2012 Share Posted March 21, 2012 Actually, the term "In Principal" means that the contract was agreed upon "verbally." Elway never informed the Jets that there was an exclusion to the trade that would require the Jets to pay back the initial pre-paid salary for 2013 & 2014. This sytematically gives us the right to Veto the trade. On a different note; Is Anyone else here Thinking that John Elway never intended to make the trade with the Jets & instead USED us as a shakedown to Jacksonville? Link to comment Share on other sites More sharing options...
CTM Posted March 21, 2012 Share Posted March 21, 2012 The rumor I'm hearing is Tanny knew of the $5M clause but wanted to get the fan reaction before going ahead with the deal. When he heard so many Jets fans on JN and other sites would quit supporting the team he refused to finalize the deal. Lol... seriously though, if the Jets are smart they know anyone posting on these boards isn't going anywhere. We are the diehards that can be counted on. It's the casual interest masses that are way more lucrative and intriguing.. Heck I've gotten texts from a few people who were excited and basically don't follow football except for the super bowl Link to comment Share on other sites More sharing options...
The Crusher Posted March 21, 2012 Share Posted March 21, 2012 I just don't understand why the Jets aren't considered a premiere franchise. But they do share a stadium with one. //SMC'd Link to comment Share on other sites More sharing options...
denden29 Posted March 21, 2012 Author Share Posted March 21, 2012 Twitter right? Exactly the reason why I hate twitter. For the record, the use of twitter (along with mass stupidity) just cost the Jets 5 million. It was the Jets own stupidity: The Broncos and Jets initially agreed to a trade that would send Tebow and a seventh-round pick to New York in exchange for a fourth-round pick and a sixth-round pick. But that trade hit a sticking point when the Jets realized that Tebow’s contract had a clause that required some $5 million in salary advances he has already received to be sent back to the Broncos by any team that acquires him. The Jets apparently didn’t fully read Tebow’s contract before agreeing to the deal. And although the Jets formally announced the trade, they did not finalize it with the league office, which is required before any trade becomes official. So it appears that the Jets will be able to back out of the deal now that they realize how much Tebow would cost them. http://profootballtalk.nbcsports.com/2012/03/21/if-tim-tebow-jets-deal-is-nixed-jaguars-will-be-in-the-mix/ Read the contract like your suppose to and this doesn't happen. Link to comment Share on other sites More sharing options...
villain_the_foe Posted March 21, 2012 Share Posted March 21, 2012 It was the Jets own stupidity: The Broncos and Jets initially agreed to a trade that would send Tebow and a seventh-round pick to New York in exchange for a fourth-round pick and a sixth-round pick. But that trade hit a sticking point when the Jets realized that Tebow’s contract had a clause that required some $5 million in salary advances he has already received to be sent back to the Broncos by any team that acquires him. The Jets apparently didn’t fully read Tebow’s contract before agreeing to the deal. And although the Jets formally announced the trade, they did not finalize it with the league office, which is required before any trade becomes official. So it appears that the Jets will be able to back out of the deal now that they realize how much Tebow would cost them. http://profootballta...-be-in-the-mix/ Read the contract like your suppose to and this doesn't happen. I understood what happened, explain that to Tanny....over twitter because obviously he's on it right now. Link to comment Share on other sites More sharing options...
villain_the_foe Posted March 21, 2012 Share Posted March 21, 2012 The rumor I'm hearing is Tanny knew of the $5M clause but wanted to get the fan reaction before going ahead with the deal. When he heard so many Jets fans on JN and other sites would quit supporting the team he refused to finalize the deal. Are you serious? Link to comment Share on other sites More sharing options...
denden29 Posted March 21, 2012 Author Share Posted March 21, 2012 Here's the report from ESPN: "The teams agreed to the terms of the trade -- the Jets dealt fourth-round and sixth-round selections in 2012 in exchange for Tebow and a 2012 seventh-rounder from Denver -- before the Broncos asked New York to pay back a portion of bonuses and salary already paid to Tebow, sources told Schefter." They agreed in principle first. Then Denver added a new stipulation. I don't see why Tanny would have *expected* to pay money to Tebow that Tebow has already received! Freakin ridiculous on the part of the Donkeys. Whether is an agreement in principal or not is irrelevant the Jets should have known the details before announcing it. They didn't do their due diligence which is inexcusable. I hope this trade dies it was a terrible idea in the first place but the Jets look like buffoons either way. According to pro-football talk returning the $5 million salary advance was in the contract. Read the thing first before you announce a trade. But that trade hit a sticking point when the Jets realized that Tebow’s contract had a clause that required some $5 million in salary advances he has already received to be sent back to the Broncos by any team that acquires him. The Jets apparently didn’t fully read Tebow’s contract before agreeing to the deal. And although the Jets formally announced the trade, they did not finalize it with the league office, which is required before any trade becomes official. So it appears that the Jets will be able to back out of the deal now that they realize how much Tebow would cost them. http://profootballtalk.nbcsports.com/2012/03/21/if-tim-tebow-jets-deal-is-nixed-jaguars-will-be-in-the-mix/ Link to comment Share on other sites More sharing options...
THE ILK Posted March 21, 2012 Share Posted March 21, 2012 But they do share a stadium with one. //SMC'd Ying Yang Stadium. //CTM'd Link to comment Share on other sites More sharing options...
SenorGato Posted March 21, 2012 Share Posted March 21, 2012 Yeah, Tannenbaum the bean counting contract whiz just decided to ignore...MIDDLEFINGERTOCOMPUTERSCREEN Link to comment Share on other sites More sharing options...
denden29 Posted March 21, 2012 Author Share Posted March 21, 2012 I understood what happened, explain that to Tanny....over twitter because obviously he's on it right now. I tweeted to him and he says sorry. Link to comment Share on other sites More sharing options...
denden29 Posted March 21, 2012 Author Share Posted March 21, 2012 Whether is an agreement in principal or not is irrelevant the Jets should have known the details before announcing it. They didn't do their due diligence which is inexcusable. I hope this trade dies it was a terrible idea in the first place but the Jets look like buffoons either way. According to pro-football talk returning the $5 million salary advance was in the contract. Read the thing first before you announce a trade. But that trade hit a sticking point when the Jets realized (OOPPPPSSSS my bad) that Tebow’s contract had a clause that required some $5 million in salary advances he has already received to be sent back to the Broncos by any team that acquires him. The Jets apparently didn’t fully read Tebow’s contract before agreeing to the deal. And although the Jets formally announced the trade, they did not finalize it with the league office, which is required before any trade becomes official. So it appears that the Jets will be able to back out of the deal now that they realize how much Tebow would cost them. http://profootballta...-be-in-the-mix/ Link to comment Share on other sites More sharing options...
JetsFanInDenver Posted March 21, 2012 Share Posted March 21, 2012 While Tanny and the FO are sitting ducks for this mess looking at the other side one has to admire the cahoneys of Elway and why he is a good GM. He is getting a 4th and 6th rounder for a 7th and a QB he absolutely hated and wanted to ride out of town ASAP and then he has balls to expect the acquiring team to pick up the 5 mill in salary. Way to negotiate. Link to comment Share on other sites More sharing options...
stoicsentry Posted March 21, 2012 Share Posted March 21, 2012 Whether is an agreement in principal or not is irrelevant the Jets should have known the details before announcing it. They didn't do their due diligence which is inexcusable. I hope this trade dies it was a terrible idea in the first place but the Jets look like buffoons either way. According to pro-football talk returning the $5 million salary advance was in the contract. Read the thing first before you announce a trade. But that trade hit a sticking point when the Jets realized that Tebow’s contract had a clause that required some $5 million in salary advances he has already received to be sent back to the Broncos by any team that acquires him. The Jets apparently didn’t fully read Tebow’s contract before agreeing to the deal. And although the Jets formally announced the trade, they did not finalize it with the league office, which is required before any trade becomes official. So it appears that the Jets will be able to back out of the deal now that they realize how much Tebow would cost them. http://profootballta...-be-in-the-mix/ Stop being a premadonna. The deal was leaked. Then the Jets announcted that they had agreed to this deal "in principle." My god, what is the big deal? How do you propose they agree to a deal before agreeing in principle? Link to comment Share on other sites More sharing options...
Maxman Posted March 21, 2012 Share Posted March 21, 2012 Stop being a premadonna. The deal was leaked. Then the Jets announcted that they had agreed to this deal "in principle." My god, what is the big deal? How do you propose they agree to a deal before agreeing in principle? The deal was leaked? The Jets tweeted it themselves. BEFORE THEY READ THE CONTRACT. Link to comment Share on other sites More sharing options...
denden29 Posted March 21, 2012 Author Share Posted March 21, 2012 This $5 million advance was guaranteed so it would count somewhere on the Jets cap. Looks like Tebow’s 2012 salary will be $2.5 million instead of $1.1 million and his 2013 and 2014 salary will go up. If Tebow hits his incentives you could have like a $7.5 million salary in 2013 so $20 million in 2 QB's great. The Jets are going to have to cut Sanchez or Tebow in 2013 take a huge cap hit they can't afford cause they don't know how to read. Link to comment Share on other sites More sharing options...
Maxman Posted March 21, 2012 Share Posted March 21, 2012 Here's the report from ESPN: "The teams agreed to the terms of the trade -- the Jets dealt fourth-round and sixth-round selections in 2012 in exchange for Tebow and a 2012 seventh-rounder from Denver -- before the Broncos asked New York to pay back a portion of bonuses and salary already paid to Tebow, sources told Schefter." They agreed in principle first. Then Denver added a new stipulation. I don't see why Tanny would have *expected* to pay money to Tebow that Tebow has already received! Freakin ridiculous on the part of the Donkeys. The Jets didn't read the contract. That is how it is worded in the contract. Denver doesn't have a responsibility to educate the Jets on their contract language. This is the one area Tanny is supposedly good at. Link to comment Share on other sites More sharing options...
SenorGato Posted March 21, 2012 Share Posted March 21, 2012 Lol... seriously though, if the Jets are smart they know anyone posting on these boards isn't going anywhere. We are the diehards that can be counted on. It's the casual interest masses that are way more lucrative and intriguing.. Heck I've gotten texts from a few people who were excited and basically don't follow football except for the super bowl Yep...Also a couple of texts from Philly (?) fans. Entertain me. Link to comment Share on other sites More sharing options...
BroadwayJoe12 Posted March 21, 2012 Share Posted March 21, 2012 Just like the chris paul trade, if it weren't for twitter, the only thing that would have been reported would have been a little scrolling blurb at the bottom of ESPN saying that the Jets and Broncos didn't come to a trade agreement. Link to comment Share on other sites More sharing options...
JetsFanInDenver Posted March 21, 2012 Share Posted March 21, 2012 But but but if you add their QBR's they will end up in the middle of the NFL pack. Not bad for 20 mill! Link to comment Share on other sites More sharing options...
bitonti Posted March 21, 2012 Share Posted March 21, 2012 Actually, the term "In Principal" means that the contract was agreed upon "verbally." Elway never informed the Jets that there was an exclusion to the trade that would require the Jets to pay back the initial pre-paid salary for 2013 & 2014. This sytematically gives us the right to Veto the trade. +1 this is exactly what IN PRINCIPAL means. if Tebow showed up and failed a physical that would also veto the trade. there's a 1000 details that need to be checked into before a trade is finalized it reminds me of the office when Michael Scott thinks saying the words "I DECLARE BANKRUPTCY" really loud is how he can get out of his debts. Saying something verbally is not the same as the nitty gritty of actually getting it done. Link to comment Share on other sites More sharing options...
stoicsentry Posted March 21, 2012 Share Posted March 21, 2012 The deal was leaked? The Jets tweeted it themselves. BEFORE THEY READ THE CONTRACT. In... Principle. It's like saying "oh my god they didn't give him a physical before announcing the deal!" Yeah, of course not. What do you expect? Link to comment Share on other sites More sharing options...
stoicsentry Posted March 21, 2012 Share Posted March 21, 2012 +1 this is exactly what IN PRINCIPAL means. if Tebow showed up and failed a physical that would also veto the trade. there's a 1000 details that need to be checked into before a trade is finalized it reminds me of the office when Michael Scott thinks saying the words "I DECLARE BANKRUPTCY" really loud is how he can get out of his debts. Saying something verbally is not the same as the nitty gritty of actually getting it done. Exactly. Papers must be signed, the trade must be filed. But of course, the Jets are making history here. Never before has a trade been tenatively agreed upon and then retracted. WTF Link to comment Share on other sites More sharing options...
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