Lupz27 Posted July 26, 2011 Share Posted July 26, 2011 Mark Sanchez Might Not Be Able to Restructure Contract by John B on Jul 25, 2011 8:50 PM EDT 0 COMMENTS EMAIL PRINT Bill Kostroun - APMore photos » We have for a while assumed the Jets would be able to restructure Mark Sanchez's contract to clear salary cap space. David Canter, an agent who represents over a dozen clients in the NFL, including Lance Laury of the Jets, tweets tonight that might not be possible. No renegotiations for rookies that are drafted until after their third NFL season Sanchez only has two NFL seasons. If this is true, and there is not a one time loophole, that complicates matters for the Jets, who are at the cusp of the cap. This seemed like one of the team's two bullets along with giving David Harris a long term deal. Now this might not even be possible. Do not fret. Mike Tannenbaum is one of the most thorough and creative general managers in the league. If anybody can make the right moves, it is him. There are other options out there. Some guys whose contributions are marginal relative to their salaries can be restructured or released. Cutting Bryan Thomas, LaDainian Tomlinson, and Mark Brunell alone would clear up $8 million. Link to comment Share on other sites More sharing options...
Integrity28 Posted July 26, 2011 Share Posted July 26, 2011 The article says "might". Link to comment Share on other sites More sharing options...
Guest Jpf4671 Posted July 26, 2011 Share Posted July 26, 2011 The article says "might". I would think if this was true someone would've reported it weeks ago,..no? Link to comment Share on other sites More sharing options...
ECURB Posted July 26, 2011 Share Posted July 26, 2011 I would think if this was true someone would've reported it weeks ago,..no? Yeah when they got the completed CBA weeks ago. Link to comment Share on other sites More sharing options...
Plus One Posted July 26, 2011 Share Posted July 26, 2011 We're so f&cked. Link to comment Share on other sites More sharing options...
Lupz27 Posted July 26, 2011 Author Share Posted July 26, 2011 The article says "might". If you read the whole article might changes to definetly UNLESS their is a 1 time exception so I would think it's panic button time on the restructure issue Link to comment Share on other sites More sharing options...
Klecko73isGod Posted July 26, 2011 Share Posted July 26, 2011 Is this for rookies drafted under the new CBA? Does this even apply to Sanchez? Link to comment Share on other sites More sharing options...
Doggin94it Posted July 26, 2011 Share Posted July 26, 2011 That's only for the slotted contracts awarded under the new rookie system. Link to comment Share on other sites More sharing options...
ZachEY Posted July 26, 2011 Share Posted July 26, 2011 Is this for rookies drafted under the new CBA? Does this even apply to Sanchez? You'd have to assume it's not retroactive. Link to comment Share on other sites More sharing options...
Klecko73isGod Posted July 26, 2011 Share Posted July 26, 2011 That's only for the slotted contracts awarded under the new rookie system. Thank you Akiva. It wouldn't make sense for that to apply to Sanchez. This is just his agent being an idiot. Link to comment Share on other sites More sharing options...
Guest Jpf4671 Posted July 26, 2011 Share Posted July 26, 2011 Yeah when they got the completed CBA weeks ago. Funny,..I mean someone on the site,.there's been dozens of posts about Sanchez restructuring, I would be surprised one of the good numbers posters wouldn't have gotten ahead of it Link to comment Share on other sites More sharing options...
ECURB Posted July 26, 2011 Share Posted July 26, 2011 Link to comment Share on other sites More sharing options...
Lupz27 Posted July 26, 2011 Author Share Posted July 26, 2011 In better news I asked Manish Mentah on twitter about dead money counting against cap and he said No so that saves us over 8 million in cap space if he is right. Wish the Jets knew that earlier they could have cut Pace and saved a lot more money. Link to comment Share on other sites More sharing options...
Guest Jpf4671 Posted July 26, 2011 Share Posted July 26, 2011 That's only for the slotted contracts awarded under the new rookie system. Thanks Link to comment Share on other sites More sharing options...
Lupz27 Posted July 26, 2011 Author Share Posted July 26, 2011 If that's for sloted rookies in the future then sorry, saw an agent quoted and figured he would know considering he was briefed today in the new rules. And he is not Mark's agent either. Link to comment Share on other sites More sharing options...
Plus One Posted July 26, 2011 Share Posted July 26, 2011 If that's for sloted rookies in the future then sorry, saw an agent quoted and figured he would know considering he was briefed today in the new rules. And he is not Mark's agent either. Link? Link to comment Share on other sites More sharing options...
Lupz27 Posted July 26, 2011 Author Share Posted July 26, 2011 Link? First post is the story I'm just saying about the other posts. Here is the link to the story http://sbn.to/qfHV5x Link to comment Share on other sites More sharing options...
serphnx Posted July 26, 2011 Share Posted July 26, 2011 How do we even have cap problems? We shouldn't even be close to that what with Cro and a few others not even being signed. Also this is why you don't pay Revis a ridiculous salary. If Sanchez does become an elite QB and you can't afford him, how stupid does this franchise look that it built around a CB instead of the QB? Link to comment Share on other sites More sharing options...
Jetsfan80 Posted July 26, 2011 Share Posted July 26, 2011 If Sanchez does become an elite QB That's one gigantic "if" right there, for starters. Revis is not only the best corner in the game, he's one of the overall best PLAYERS in the game, period. Not to mention, I can't imagine a scenario where Revis costs us Sanchez. He may cost us another key player down the line, such as a David Harris or D'Brickashaw Ferguson, but he won't cost us Sanchez. Link to comment Share on other sites More sharing options...
Bleedin Green Posted July 26, 2011 Share Posted July 26, 2011 That's one gigantic "if" right there, for starters. Revis is not only the best corner in the game, he's one of the overall best PLAYERS in the game, period. Not to mention, I can't imagine a scenario where Revis costs us Sanchez. He may cost us another key player down the line, such as a David Harris or D'Brickashaw Ferguson, but he won't cost us Sanchez. Exactly. If Sanchez becomes even just a consistently good QB, there will be no single player that will stand in the way of the Jets extending him. Even with Revis' enormous contract, there's a whole lot of cap room that he isn't taking up that the Jets would be more than happy to free up for their franchise QB. Then again, when you consider Sanchez's cap # for this year, how much more room do people thing they'd need to make for him than they currently have? Link to comment Share on other sites More sharing options...
slats Posted July 26, 2011 Share Posted July 26, 2011 How do we even have cap problems? We shouldn't even be close to that what with Cro and a few others not even being signed. Also this is why you don't pay Revis a ridiculous salary. If Sanchez does become an elite QB and you can't afford him, how stupid does this franchise look that it built around a CB instead of the QB? No. But it is why you don't sign Nnamdi to a ridiculous salary to be a #2 CB. Link to comment Share on other sites More sharing options...
Doggin94it Posted July 26, 2011 Share Posted July 26, 2011 No. But it is why you don't sign Nnamdi to a ridiculous salary to be a #2 CB. No link, btw, just common sense. Link to comment Share on other sites More sharing options...
Larz Posted July 26, 2011 Share Posted July 26, 2011 he may just turn some of his pay into a bonus Jets QB Mark Sanchez meets with the media on Tuesday regarding his willingness to re-structure his contract to help re-sign free agents. In 2009, Sanchez signed a five-year deal with the Jets that included $28 million in guaranteed money, with incentives making the deal potentially worth $60 million. With the 2011 salary cap now at $120 million per team, restructuring Sanchez's contract would give the Jets the ability to spend more to acquire or re-sign free agents this season. Sanchez may not have to take a pay cut. Depending on the fine print of a new collective bargaining agreement, Sanchez could have some portion of his base salary of $13.5 million converted into a signing bonus, which would be pro-rated and be less of a hit against the salary cap. Sources told ESPNNewYork.com's Rich Cimini that it is not clear if the NFL will allow Sanchez, who has only two years of service time under his belt, to restructure his deal. And as for wide receivers Santonio Holmes and Braylon Edwards, Sanchez said he has spoken to both of them recently and wants to see how the situation evolves before commenting. However, Sanchez did say he hopes they would be committed to winning in New York as well. "There's no doubt they're not the only ones who want to play here," Sanchez said. "There's plenty of free agents who would love to play here and are probably calling Rex (Ryan) right now wanting to play here, but we know what this team needs and hopefully they're a part of it." Sanchez's return was the most visible sign that football had returned to the Jets practice facility. In the morning, he drove past the sign reading "Welcome Back -- Here come the Jets" and honked and waved to the grounds crew. Players are allowed to take physicals, work out and receive classroom instruction, but on-field activities can't begin until Sunday, 15 days before the Jets' first preseason game. Link to comment Share on other sites More sharing options...
THE ILK Posted July 26, 2011 Share Posted July 26, 2011 DUMB a$$!!! Scared the **** out of me! Link to comment Share on other sites More sharing options...
The Crusher Posted July 26, 2011 Share Posted July 26, 2011 That's only for the slotted contracts awarded under the new rookie system. Cool, now I can go back to eating. Thanx Teh Doggin. Link to comment Share on other sites More sharing options...
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