9:02am: Cimini clarifies that Reddick is not guaranteed to receoup the money he lost in fines, as initial reports suggested. Instead, the incentives referenced in the prior reports will give Reddick the chance to earn that money back.
07:29am: Haason Reddick‘s holdout is over. As ESPN’s Adam Schefter was first to report, Reddick and the Jets have agreed to an adjusted contract, and the two-time Pro Bowler will report to the team tomorrow morning.
The new deal is not an extension; for the time being, Reddick is still out of contract at season’s end. However, according to Schefter, New York has agreed to “waive” over $12MM of fines that Reddick accumulated as a result of the holdout in order to convince the edge defender to report.
Of course, as Ryan Dunleavy of the New York Post points out and as we have observed previously, the fines cannot technically be waived, since Reddick is not attached to a rookie contract. As such, it could be that the new agreement simply includes some mechanism — Jason Fitzgerald of OverTheCap.com suggests an increase in base pay — to cover the fines. Indeed, we heard just last week that, after the regular season got underway, the Jets had offered Reddick a reworked one-year deal that would have allowed him to recoup all of his fines while giving him the chance to earn more than the $14.25MM he was originally scheduled to make in 2024.
Despite optimism that the previous proposal would be enough to bring Reddick into the fold, the 30-year-old sack artist rejected it and continued his push for a multiyear accord. That decision, along with his decision to stage the holdout in the first place, was against the advice of his former agency, CAA, who dropped Reddick as a client earlier this month. Reddick subsequently hired Drew Rosenhaus and Ryan Matha to help facilitate a resolution.
Although the Rosenhaus/Matha hiring led to renewed hope that player and team could reach detente, the Jets remained adamant that they would not entertain a multiyear pact, and they also granted Reddick permission to seek a trade. Owner Woody Johnson, though, continued to express his desire to have Reddick play for Gang Green, and Schefter notes that Johnson was “very involved” in bringing this matter to a close. Peter Schrager of FOX Sports elaborates on that point, reporting that Rosenhaus flew in for the Jets’ contest against the Bills last week and had a lengthy conversation with Johnson prior to the game. Those conversations continued with GM Joe Douglas in the following days.
Now that Reddick — who was acquired via trade with Philadelphia this offseason — has finally agreed to join his new teammates, perhaps Douglas & Co. will be more amenable to an extension, with Rosenhaus himself stating this morning that he will continue to work towards that goal. As it stands, Reddick has not received any new money and has simply agreed to play out the remainder of the season for the $9.5MM that he was already due to earn on his Eagles-constructed deal (via ESPN’s Rich Cimini). As noted above, Reddick was due to make $14.25MM in 2024, but his holdout has led to lost game checks, and while the Jets are prepared to cover the fines in some way, they are apparently not reimbursing him for the lost salary upfront; as Albert Breer of SI.com reports, Reddick can recover that money (and then some) via sack-based incentives, playing time, honors, and team-based incentives.
The Jets may be 2-4, but they recently acquired WR Davante Adams via trade and clearly believe they can make a postseason run. New York’s defense has generally played up to expectations, as the club presently ranks second in yards per game and seventh in points per game. The team’s 20 sacks are the third-highest total in the league, and Reddick — who has posted double-digit sacks totals in four consecutive years — can certainly help maintain that production. His presence will help to offset the loss of third-year pro Jermaine Johnson, who sustained a season-ending Achilles tear in Week 2.
According to Cimini, Reddick could suit up for New York’s bout with the Patriots next week, although that will naturally depend on his conditioning. More clarity on that front will emerge when Reddick starts to practice.
As Schefter notes, Reddick is the first player in a decade to hold out beyond Week 1 of the regular season and then receive an adjusted contract.
Players are running the Jets. Time for a new GM as well.
Bro every Jets article on here and you have something negative to say. You have a weird anti-Jets bias
I guess you missed all of the other negative comments below mine.
Deflecting. He’s talking to you, not everyone else.
Go read the other posts. Tell me how many people here are complimentary to the Jets this season.
Literally doesnt matter, Im talking directly to you about you. Couldnt imagine a conversation with you in real life, must be insufferable dealing with all the mental gymnastics from Mr Never Wrong
You can’t imagine a conversation with/ me, yet you always comment on my posts!
Thing is, the Jets offered Reddick a one year incentive based contract before the season after the trade, didn’t they? Reddick, of course, wanted a multi-year deal with more guarantees, which is understandable. I know they gave up a bit on the fines, but I wouldn’t say that they caved, as many people are. If anything, this is a better development for the Jets than it is for Reddick-even if I expect him to get injured sometime this year.
So the Jets are going to pay Reddick’s fines? Joe Douglas needs to be fired immediately. He’s clearly a moron.
The way I’m reading it, it looks like another case of “if he attains nearly impossible goals, he’ll get [fill in the blank]” rather than just tossing him a pile of cash and saying “sorry, we need you so bad we’re just going to forget you held out for a third of the season, and pay you your full salary for what’s left, regardless of when you finally suit up/play some/contribute anything at all.”
But I’m sure the “Aaron Rodgers is behind all this” theories are coming soon, so we’ll have the real story…
My understanding is that theyre waiving the fines, meaning theyre choosing not to impose it upon him.
Except they can’t legally do that because he’s not on a rookie contract-which it says in the article. As well as saying he has to earn the money back through incentives.
That isn’t true begamin.
They cant waive the fines per se. They cannot chose to not enforce them.
But they can give him a bonus that negates the fines.
Its weak, but I get why they did it.
Everyone here is trying not to get fired.
I think the Jets need to go 7-4 the rest of the way to have any chance. (Minimum)
This isn’t the worst thing for the GM to eat a little crow here. Hassan did too.
I still think this team is trending the wrong way – but trading for Davante and getting Hassan back help.
My best guess is Rodgers is still very streaky, and even bad at times, but they beat a few cupcakes and fall short and then everyone is fired.
I think most of us in the GMs position might at least consider something like this.
Only thing I’ll say is Reddick should have been on the failed from GO, management kinda dropped the ball on that one imo.
*Field
All I have to say is that if I were Garrett Wilson or Sauce Gardner going through everything this year both on the field and off the field around this team I’d be counting the days til free agency.
Or, they could stick around because they’re willing to pay and get what they need. Keep in mind both were drafted by management that was smart enough to draft them…in the same draft!
The Jets issue was poor QB management.
If my choices were generational wealth with a toxic work environment or genenerational wealth in a more positive environment I’d gladly take a few million less for peace of mind. Wilson and Sauce are gonna get paid regardless of who is signing the checks
What if your choices are get generational wealth now and stay with a toxic environment or potentially get a career ending injury and get nothing for trying to to get less money and play in a less toxic environment like say las vegas or carolina. Remember 1 play can end a career or getting bounced around (ala Nabers) and opens you up to more concussions and never get to free agency. Also what places is better for endorsements than nyc.
Also I believe thats why the jets were dead set on 1 year with reddick as they are going to try long terms to any if not all of wilson johnson or gardner and potentially Hall but they did just draft 2 RBs this year.
CAVED TO SOMEONE WITH ZERO LEVERAGE KEKW JETS GONNA JET
I guess the Lions didn’t want Reddick bad enough. They needed him.
Who knows, maybe Reddick and the Jets came to this deal specifically to facilitate a trade. The Lions, or whomever, now wouldn’t deal with the uncertainty of if they are trading for a dude who’ll even bother to report
If he had no leverage, how’d he get a deal?
I just don’t understand that narrative because he only had to report and “pull a muscle”, not actually play. That’s leverage.
I also don’t blame him for wanting to be paid. I’m in favor of most players being paid if there aren’t issues happening beyond football.
Plus, no one caved. If the Jets held firm, they get nothing for the 3rd round pick they gave up to take a ridiculous stand. How does that help a team that, albeit foolishly, believes it’s a legitimate playoff team?
The Jets have tons of issues but paying Reddick isn’t one.
I think if the Jets organization was more stable – they don’t have to cave.
This was a panic move.
What deal did he actually get? The one he had previously?
The only thing he got was a chance to get back the fees he lost which is probably the same incentives the Jets offered him from before the season. My guess is he would have to be better than what the Jets were expecting to get in the trade to get it all back so he most likely lost money. If he “pulls a muscle” what kind of message that say to perspective teams after he held out? He gets a a year incentive deal with games played bonus?
He did this so he has a chance to get back what he lost and potentially a long term deal with the jets or not. Its jets win win on the signing (still bad because of the trade and the missed games),but they either get an amazing player the rest of the way or they save a bunch of money.
Saving a couple of games of wear and tear on his body while still having the potential to earn back the fines in bonuses is a deal. He was always going to report at some point. He had to to accrue his time for free agency. But he got the best of a situation where, although he had leverage, didn’t have all the power. That’s what negotiations are, right?
He may still sign a long-term deal with the Jets, I don’t know. This certainly puts him in a better spot for that. A player of Reddick’s caliber wouldn’t lack a market in FA though, even with some contract games. It just takes one interested team to get a deal, and two interested teams to get a good deal. If he “pulled a muscle”, you don’t think there’d be at least one team with interest in the entire league?
If Jets caved Reddick would have a multi-year extension, the thing he held out for and didnt get.
Hopefully this holdout impacts his next deal. Everyone knows this guy is toxic and doesn’t care about his team or his contractual obligations.
What he does on the field the rest of this year will play a big part as well. If he suffers one of those “season ending, but not at all related to his sitting out until mid-season” type injuries, I don’t know why anyone would offer more than league minimum..except maybe Jerry.
In typical form for older players who hold out my money is on some sort of hamstring pull, groin injury, ankle injury or other soft tissue injury he’ll have in the upcoming week or two and will miss multiple games. Why? Because he’s not going to be in football or game shape and will be pushing hard to make his incentives that he’ll get injured.
Jets unofficially waiving some of the fines is not a good look to current players, fan base or the public in general as it makes the team look weak. Like the parent who threatens the child with a punishment then says, oh you’re too cute so forget the punishment and go do what you want.
Unless he turns into a combination of Reggie White, Aaron Donald, Lawrence Taylor and T.J. Watt for 8 or 9 games, it seems quite unlikely he earns that money back.
It seems similar to the 3rd rounder that could become a 2nd in the Adams trade-only less likely to happen.
You want players punished for seeking the best deal possible? Perhaps we should go back to those days when they had no union, couldn’t strike and were treated as slaves by owners. Incidentally, it’s the players that allow these idiot owners to become filthy rich beyond their wildest dreams, so they (the owners) can well afford to look weak.
He probably gets hurt trying to get the incentives. Instead of coming off the field for a blow he will try to push for 3 sack games. If he played against Pittsburgh he could get a good start. Too late now
What a great deal by the Jets and really good for Reddick. Along with Rogers and Adams great shot for the Super Bowl. Hahaha.
Drew Rosenhaus convinced a player to trade himself to his own team. Impressive.
And, agree to incentives that are almost impossible to attain to “earn back” what he would have gotten by simply showing up when he was supposed to.
I’m sure it has happened before, but this is the first instance I recall where the agent/agency dropped a client after failing to get a deal hammered out.