Maxman Posted November 12, 2013 Share Posted November 12, 2013 Cost Of Claiming Safety Ed Reed Off Waivers BY DENNIS AGAPITO ON NOVEMBER 12, 2013 The Houston Texans have decided to part ways with one of their big offseason acquisitions veteran safety Ed Reed releasing him today. Reed was a member of the Super Bowl Champion Ravens last season and played under Jets head coach Rex Ryan when he was defensive coordinator in Baltimore. Even though Reed is a veteran he became subject to the waiver wire if released after Oct. 29. The waiver wire allows each NFL team an opportunity to claim a player’s current contract. The order is determined by the inverse (worst-to-first) team’s record starting after week three of the regular season and is updated weekly. If a team wishes to pick up Reed via the waiver system they have 24-hours to put in a claim for his current contract. The first team with the highest priority to put in a claim acquires Reed and the remainder of his contract. If he goes unclaimed he will become an unrestricted free agent. The Jets have approximately 20 teams (tiebreakers with Cardinals, Bears and Packers) with better claiming rights then themselves. According to NBC Sports, if the Jets put in a claim for Reed and gain his rights they will be responsible for the rest ($412,000) of his $1 million 2013 guaranteed base salary. The Jets would owe Reed $62,500 per-game roster bonus when he is on the 46-man active game day roster, a maximum of $437,500. So the Jets would have a maximum salary cap hit of $849,500 for the rest of this year if Reed gets claimed and is active for the remaining seven weeks. Reed’s contract runs through 2015 but the salary is not guaranteed and the Jets could simply release him after the season with no future obligation. The question is do the Jets want to “rent” Reed for the rest of the season for about $850,000 – according to NFL Players Association records the Jets have $2.2 million in available 2013 cap space. Reed knows the defense and may have enough left in the tank to play a role in the Jets playoff push. It will be up to general manager John Idzik and coach Rex Ryan to decide if putting a claim in for Reed is the right short-term move for the team, weighing their options if he does reach free agency or simple moving forward with what they have. Reed becoming a Jet is an intriguing idea but only time will tell if the organization believes he can make a difference. Link to comment Share on other sites More sharing options...
Jetsfan80 Posted November 12, 2013 Share Posted November 12, 2013 I like the idea of going into Baltimore in 2 weeks with Ed Reed on OUR side possibly wreaking havoc, not theirs. Link to comment Share on other sites More sharing options...
eboozer Posted November 12, 2013 Share Posted November 12, 2013 Sign the beast !! Seriously, I wouldn't object to this waiver claim. He can teach the young guys like another coach and still trot out there on those 3rd and long, or end of the games when we are protecting against the long completion. He absolutely Loves Rex, and could be a great addition, as long as he's cool with his role. Link to comment Share on other sites More sharing options...
#27TheDominator Posted November 12, 2013 Share Posted November 12, 2013 Interesting. Rotoworld lists his 2013 salary as $3M. Link to comment Share on other sites More sharing options...
Larz Posted November 12, 2013 Share Posted November 12, 2013 let him clear sign him cheap Link to comment Share on other sites More sharing options...
SickJetFan Posted November 12, 2013 Share Posted November 12, 2013 Interesting. Rotoworld lists his 2013 salary as $3M. interesting indeed...i tho any information on the internet was absolute. Link to comment Share on other sites More sharing options...
BurnleyJet Posted November 12, 2013 Share Posted November 12, 2013 We got no chance, someone's going to put a claim in before the Jets. Link to comment Share on other sites More sharing options...
stoicsentry Posted November 12, 2013 Share Posted November 12, 2013 I like the idea of going into Baltimore in 2 weeks with Ed Reed on OUR side possibly wreaking havoc, not theirs. Holy **** YES YES YES do it Tanny!!! Link to comment Share on other sites More sharing options...
billo83 Posted November 12, 2013 Share Posted November 12, 2013 Larz, on 12 Nov 2013 - 5:41 PM, said:Larz, on 12 Nov 2013 - 5:41 PM, said: let him clear sign him cheap Why? If the Jets really do want him, and the article is accurate it would only cost them $850,000. How much more would you actually save if he clears waivers? He's not going to play for nothing. Plus you run the risk of another contending team claiming him or bidding for him as UFA. I don't think the compensatory picks would be affected (if it does than that's a different matter), so it doesn't make sense to me to wait given the small cost. Link to comment Share on other sites More sharing options...
Bob Posted November 12, 2013 Share Posted November 12, 2013 No. We're not going to the postseason, anyway. Besides, if he mouthed off about being outcoached in Houston, what's he going to say when he's in the middle of a debacle like the one we had vs. Cincinnati? Plus, he's old. Save the money. Link to comment Share on other sites More sharing options...
billo83 Posted November 12, 2013 Share Posted November 12, 2013 We got no chance, someone's going to put a claim in before the Jets. Perhaps. I would think only the playoff contending teams would put a claim in. Not sure how many of the 4-5 to 5-4 teams need safety help and also believe he has enough gas and/or would be a good fit. Link to comment Share on other sites More sharing options...
joewilly12 Posted November 12, 2013 Share Posted November 12, 2013 Veteran in the secondary here isn't a bad idea if he's healthy. Link to comment Share on other sites More sharing options...
billo83 Posted November 12, 2013 Share Posted November 12, 2013 Bob, on 12 Nov 2013 - 6:13 PM, said: No. We're not going to the postseason, anyway. Besides, if he mouthed off about being outcoached in Houston, what's he going to say when he's in the middle of a debacle like the one we had vs. Cincinnati? Plus, he's old. Save the money. And you know this how? Last I looked the Jets as of now have the #6 seed and have a weak schedule the rest of the way. I'm sure that Rex and Idz are thinking the chances are good to make it there. Plus Reed knows and likes Rex. If they think Reeds got enough in the tank, go for it. Safety is certainly a very weak position on the team. Oh and 850k is not a lot of money. Link to comment Share on other sites More sharing options...
Freemanm Posted November 12, 2013 Share Posted November 12, 2013 It would actually make a lot of sense to sign him, given how soft our secondary is and the fact that he likes playing for Rex Ryan, can provide veteran leadership and he can give us some insight on the Ravens - so guess what? The Jets most likely will not sign him. Link to comment Share on other sites More sharing options...
Gastineau Lives Posted November 12, 2013 Share Posted November 12, 2013 No. We're not going to the postseason, anyway. Besides, if he mouthed off about being outcoached in Houston, what's he going to say when he's in the middle of a debacle like the one we had vs. Cincinnati? Plus, he's old. Save the money. You do watch football, right? Link to comment Share on other sites More sharing options...
Lupz27 Posted November 13, 2013 Share Posted November 13, 2013 Cost Of Claiming Safety Ed Reed Off Waivers BY DENNIS AGAPITO ON NOVEMBER 12, 2013 The Houston Texans have decided to part ways with one of their big offseason acquisitions veteran safety Ed Reed releasing him today. Reed was a member of the Super Bowl Champion Ravens last season and played under Jets head coach Rex Ryan when he was defensive coordinator in Baltimore. Even though Reed is a veteran he became subject to the waiver wire if released after Oct. 29. The waiver wire allows each NFL team an opportunity to claim a player’s current contract. The order is determined by the inverse (worst-to-first) team’s record starting after week three of the regular season and is updated weekly. If a team wishes to pick up Reed via the waiver system they have 24-hours to put in a claim for his current contract. The first team with the highest priority to put in a claim acquires Reed and the remainder of his contract. If he goes unclaimed he will become an unrestricted free agent. The Jets have approximately 20 teams (tiebreakers with Cardinals, Bears and Packers) with better claiming rights then themselves. According to NBC Sports, if the Jets put in a claim for Reed and gain his rights they will be responsible for the rest ($412,000) of his $1 million 2013 guaranteed base salary. The Jets would owe Reed $62,500 per-game roster bonus when he is on the 46-man active game day roster, a maximum of $437,500. So the Jets would have a maximum salary cap hit of $849,500 for the rest of this year if Reed gets claimed and is active for the remaining seven weeks. Reed’s contract runs through 2015 but the salary is not guaranteed and the Jets could simply release him after the season with no future obligation. The question is do the Jets want to “rent” Reed for the rest of the season for about $850,000 – according to NFL Players Association records the Jets have $2.2 million in available 2013 cap space. Reed knows the defense and may have enough left in the tank to play a role in the Jets playoff push. It will be up to general manager John Idzik and coach Rex Ryan to decide if putting a claim in for Reed is the right short-term move for the team, weighing their options if he does reach free agency or simple moving forward with what they have. Reed becoming a Jet is an intriguing idea but only time will tell if the organization believes he can make a difference. With that cheap of a contract I can't see how 20 teams including the Ravens, and Dolphins pass on him even if the Jets actually put in a claim. Dude in the right atmosphere is worth that money as a coach alone, he his top 3 Safety in the history of football IMO! Link to comment Share on other sites More sharing options...
CTM Posted November 13, 2013 Share Posted November 13, 2013 sign.. our secondary stinks Link to comment Share on other sites More sharing options...
Bob Posted November 13, 2013 Share Posted November 13, 2013 You do watch football, right? Yes, and not through green-tinted glasses. Link to comment Share on other sites More sharing options...
Smashmouth Posted November 13, 2013 Share Posted November 13, 2013 would love reed working with Allen LOVE IT !! SIGN THIS MF BEAST Link to comment Share on other sites More sharing options...
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