Have Jets Found Loophole to Retain Corey Davis’ Trade Rights Without Taking a Huge cap hit?

[JetNation]

Have Joe Douglas and the Jets found a way to retain  Corey Davis without taking a huge cap hit?  All while waiting for a trade partner to emerge?  Mike Florio suggested as much in this piece piece following the news that Davis was stepping away from football.  Even those words, “stepping away from football” are different from Davis saying he’s retiring, because it seems he’s not.

If Florio is on to something, which he may be, it’s important to remember one key thing. Only a handful of people know the truth, and those who don’t should be wishing Davis well off the field.

That being said, things aren’t always what they seem in the NFL, and Florio’s theory is far from conventional.  But it would be a brilliant way for a club to retain a player who they believe has value.  Especially if they believe there is any chance of a return.

What’s being suggested by Florio is that the Jets would like to move Davis but currently have no suitors.  However, if a team is interested at some point, Gang Green will be happy to talk trade.  Rather than cutting Davis loose for no gain, the Jets retain his rights by designating him as reserve/retired.

#Jets placed Corey Davis on the reserve/retired list – which means NY retains his rights through the rest of his current contract (this season).

That's a formality that only comes into play if Davis decides later this season he wants to come back and play. https://t.co/7FkfTERDgA

— Dennis Waszak Jr. (@DWAZ73) August 23, 2023

And it’s placing him on the reserve/retired list that freezes his $10.5 million salary and costs the Jets just $under 700,000 to keep his contract in place.  If Davis were to decide at any point that he’d like to return and play for the Jets, his full salary would have to fit under the cap once activated.

Even before the Jets added Allen Lazard and Randall Cobb this offseason, there was plenty of speculation that Davis and his roughly $11 million salary would be cut loose to allow the Jets to save $10 million.  What was being discounted by many was the recent rapid increase in salary for wide receivers made Davis a relative bargain.

After being excused to miss time during OTA’s, Davis continued to be given time away from the team in recent weeks at Florham Park.  Something that some onlookers took note of and wondered if a Davis trade was being worked behind the scenes.

Yesterday’s developments initially suggested that this was not the case, but now Florio’s suggestion could get people wondering again.  Is Davis really stepping away from football, or are the Jets sidestepping a cap hit?

 

 

 

 

 

The post Have Jets Found Loophole to Retain Corey Davis’ Trade Rights Without Taking a Huge cap hit? appeared first on JetNation.com - New York Jets Blog & Forum.

Click here to read the full story...

[mrcoops]

An anti-Jets angle from Florio...how original.

This is literally what the reserve/retired list is for - for players who retire unexpectedly while under contract.

Of course their salary doesn't count against the cap, because they are not playing and therefore not entitled to it.

Teams have put players in similar situations on reserve/retired for years.  But, suddenly, it's an issue because it's the Jets.

[FidelioJet]

9 minutes ago, mrcoops said:

An anti-Jets angle from Florio...how original.

This is literally what the reserve/retired list is for - for players who retire unexpectedly while under contract.

Of course their salary doesn't count against the cap, because they are not playing and therefore not entitled to it.

Teams have put players in similar situations on reserve/retired for years.  But, suddenly, it's an issue because it's the Jets.

Yeah, this seems pretty standard for this situation.  Not a "loophole" is any way.

[Sammybighead]

Loophole lol.

Jets are gonna do whatever Corey wants. There's no conspiracy here. Can this guy hate the jets any more?

I'm really getting sick of the jets haters in the media. 

Edit: and who the hell is lining up to trade for a WR who just retired when Aaron rodgers just arrived?

[IndianaJet]

There's going to be so many teams lining up to trade assets for a guy who decided that his heart wasn't into playing anymore.

[PFSIKH]

Loophole?  Prudent planning?

It is the latter.  

[More Cowbell]

4 hours ago, JetNation said:

Have Joe Douglas and the Jets found a way to retain  Corey Davis without taking a huge cap hit?  All while waiting for a trade partner to emerge?  Mike Florio suggested as much in this piece piece following the news that Davis was stepping away from football.  Even those words, “stepping away from football” are different from Davis saying he’s retiring, because it seems he’s not.

If Florio is on to something, which he may be, it’s important to remember one key thing. Only a handful of people know the truth, and those who don’t should be wishing Davis well off the field.

That being said, things aren’t always what they seem in the NFL, and Florio’s theory is far from conventional.  But it would be a brilliant way for a club to retain a player who they believe has value.  Especially if they believe there is any chance of a return.

What’s being suggested by Florio is that the Jets would like to move Davis but currently have no suitors.  However, if a team is interested at some point, Gang Green will be happy to talk trade.  Rather than cutting Davis loose for no gain, the Jets retain his rights by designating him as reserve/retired.

#Jets placed Corey Davis on the reserve/retired list – which means NY retains his rights through the rest of his current contract (this season).

That's a formality that only comes into play if Davis decides later this season he wants to come back and play. https://t.co/7FkfTERDgA

— Dennis Waszak Jr. (@DWAZ73) August 23, 2023

 

And it’s placing him on the reserve/retired list that freezes his $10.5 million salary and costs the Jets just $under 700,000 to keep his contract in place.  If Davis were to decide at any point that he’d like to return and play for the Jets, his full salary would have to fit under the cap once activated.

Even before the Jets added Allen Lazard and Randall Cobb this offseason, there was plenty of speculation that Davis and his roughly $11 million salary would be cut loose to allow the Jets to save $10 million.  What was being discounted by many was the recent rapid increase in salary for wide receivers made Davis a relative bargain.

After being excused to miss time during OTA’s, Davis continued to be given time away from the team in recent weeks at Florham Park.  Something that some onlookers took note of and wondered if a Davis trade was being worked behind the scenes.

Yesterday’s developments initially suggested that this was not the case, but now Florio’s suggestion could get people wondering again.  Is Davis really stepping away from football, or are the Jets sidestepping a cap hit?

 

 

 

 

 

The post Have Jets Found Loophole to Retain Corey Davis’ Trade Rights Without Taking a Huge cap hit? appeared first on JetNation.com - New York Jets Blog & Forum.

Click here to read the full story...

If BB had been thought to be doing this, Florio would be saying how BB is a savy GM. 

[Barry McCockinner]

I've heard crazier theories, seems possible. Not sure why people are up in arms about the use of the term loop hole. I didn't read this as a negative shot at the Jets. Sounds like he's giving the Jets credit for being savvy.

[Jets Voice of Reason]

Article is one hair above “Learn how they earned 10 million dollars with one weird trick” 

[#27TheDominator]

Yes.  The Jets found the secret loophole that was designed into the system for specifically this purpose! How crafty!

[Larz]

#Jets placed Corey Davis on the reserve/retired list 
 

florio: something’s not right!

[slats]

1 hour ago, mrcoops said:

An anti-Jets angle from Florio...how original.

I don’t think it’s anti-Jets so much as Florio throwing **** at the wall and seeing what sticks. Putting Davis on the retired/reserve list is the smart move. He’s only 28 still, it’s possible he has a change of heart, and if he does the Jets retain his rights for about $600K against the cap (money already spent). Were they supposed to cut him? Just a dumb attempt to be provocative, imho. 

[Jet_Engine1]

2 hours ago, Jets Voice of Reason said:

Article is one hair above “Learn how they earned 10 million dollars with one weird trick” 

 

I hate those videos. The hand writing on the screen, never getting to the point?

 

Whoever invented that template should be drawn and quartered.

[static14]

Florio is a douche. 

[dbatesman]

Feels like the Jets are far more likely to be the team that trades for a retired player than the team that trades him

[greenwichjetfan]

30 minutes ago, dbatesman said:

Feels like the Jets are far more likely to be the team that trades for a retired player than the team that trades him

Obviously this is all a ploy to bamboozle the raiders into giving us Davante Adams for Corey Davis straight up!

[nycdan]

What would be in it for Corey Davis to play out this sham if he still wants to play?  Nothing.  

Given that, the reserve/retired designation is an NFL thing.  Has been for a long time.  Teams always do this.  Why would they release a guy otherwise?  It would be idiotic.

The only thing idiotic here is Florio.  But that's old news.

https://www.nfl.com/transactions/league/reserve-list/2023/8

Did he clutch his pearls this way when Myles Jack retired last week and the Eagles RR'd him?  

[JiFtheOracle]

Is Florio the dude that does a show with Chris Simms?