Monday, July 12, 2010

Jets CB Revis will lose big money if he holds out

The New York Jets cornerback Darrelle Revis was reported last week to have plan of sitting out the team’s training camp if the Jets do not reach a decision on his contract extension. However, if he really insists on doing that, he is going to lose about $20 million on bonus money, which was scheduled to be paid in 2011 and 2012 if he stays with the team all the time.

The Jets training camp is planned to open on Aug. 10, and Revis has been making effort to receive a new contract extending his current rookie contract. Other reports pointed out that Revis will have the right to ask for a considerable contract extension after the fourth season of his current deal. By then, the Jets will have to buy back the final two years at base salaries of $5 million in 2011 and $15 million in 2012.

Being drafted by the Jets in 2007 as a first-round pick, Revis is just entering his fourth career season, and he may have to end his vacation early to prepare for the upcoming season. I guess he will finally take off his favorite Brett Favre jersey and report for the training camp on August, 10. After all, who would like to turn down $20 million?

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