I believe the Jets thought they were trading for Tebow at almost no salary. The $5M has no cap ramifications because Denver already took the cap hit on the money. It's that the Jets thought they were getting Tebow at around a $1.2M salary, rather than $6.2M.
Can Tannenbaum please be fired for being so fuckin stupid as to not read the contract? (I've been wanting him gone ever since the Gladys Gholston drafting.)
Why? Explain yourself. It was a loan and the loan was made by Denver. Any cap ramifications should be Denver's or it should be based on the years the loan cover. What do you know that is different?
Often times when people are clamoring for FOfirings and stuff I am there trying to keep it level headed amidst the many over reactions. However, not reading through a contract before announcing a trade????!!! Are you kidding? Send tanny walking NOW. That is absolutely inexcusable,what else could have been in that contract that they were just going to agree with without reading it????
Geez, I cerrtainly hope that happens, but there will still be an unpleasant residue here. No matter what happens, I have even less confidence in Tanny and Woody than before today.
I'm confused... Are we supposed to fire Tanny because he made a dumbass trade or because he screwed up making a dumbass trade?
just a couple people viewing this thread... i can officially say it now, i hate you woody, and i hate you tannenbaum. and i like timmy tebone... but jesus h fucking christ could you be any more stupid in teh way you run your franchise?
If the extra $5M has no cap ramifications then why wouldnt the Jets just pay the extra $5M, Im sure they have it laying around.
Just guessing that the money counts against the cap. If not, it would make no sense to balk at paying it out. TebowMania would make that money back by the start of the season.
He has a law degree though from Tulane, a pretty prestigious law school. One would think he knows how to read a contract....
@AdamSchefter Jets-Broncos agreed to Tim Tebow trade before Denver asked NY to pay back portion of bonuses and salary already paid to Tebow. Fuck elway fuck denver
totally agree - just wanted to point out the distinction, because it seems to be a popular misbelief around here