Sports Agent News

As I posted a few days ago, the Jets signed University of Pittsburgh cornerback Darrelle Revis to a 6 year deal, even though Revis had previously had his heart set on a 5 year deal. In that post, I was curious as to how the Jets were able to swing the 6 year deal with Revis. Well, The Journal News report seems to indicate that the Jets have given Revis an option to terminate his 6th year, while leaving themselves the ability to pay Revis so as to buy out his right to terminate the last year. The problem? this specific buyout option is based on incentives that Revis is all but guaranteed to obtain during the duration of his contract, a situation which the Owners and Players could not agree on when amending the CBA in 2006. The contract was ultimately finalized, but the problem of deciding what to do with the money from the buyout in a situation where the incentives are guaranteed, is still undecided.

In actual football news, the Jets expect Revis to play next week against the Giants.

The Journal News: NFL questions Revis’ contract with Jets

Yesterday evening, Cornerback Darrelle Revis, the second to last holdout for the upcoming NFL season, inked a deal with the New York Jets. ESPN’s John Clayton reports that Revis, the 14th pick in the draft, signed a 6 year deal worth approximately 36 million. The specific details of the contract were not disclosed, but the disagreement between the parties was contract length (Revis wanted 5 years, similar to the players picked near him in the draft, and the Jets wanted a 6 year deal), so it would be interesting to see what exactly the Jets gave up in order to placate Revis.

Revis is represented by agents Neil Schwartz and Jonathan Feinsod, who have their own agency group, Schwartz/Feinsod.

…and yes, in case you were wondering, first overall pick, JaMarcus Russell is still unsigned.

ESPN: Jets reach agreement with 1st round draft pick Revis