[ESPN.com]
NEW YORK — After a seven-month stalemate often marked by acrimony, the New York Jets and holdout cornerback Darrelle Revis agreed in principle Sunday night on a new contract, the team announced early Monday morning. “I’m coming home baby!!! Revis Island. Let’s Go,” Revis tweeted shortly after midnight. Revis will sign a four-year contract, GM Mike Tannenbaum announced. He declined to discuss the amount, but a source said it’s a $46 million deal, including $32 million in various guarantees. Under his old contract, Revis was due to make $21 million over the next three years, all of which was guaranteed until he didn’t show up for training camp, voiding the guarantee. After a long holdout that resulted in $578,305 in fines, Revis secured $11 million in additional guarantees while committing an extra year to the team
This has to be one of the most successful hold outs of all time. The man was supposed to earn $21 million guaranteed over the next three years, but decided to hold out for seven damn months, to finally accept a new deal, for one more year, and $11 million more guaranteed. I mean, holdouts are ridiculous, but Revis just created the model for future holdouts. Revis is back, and everyone is happy now. The Jets got their guy back, the fans got their guy back, HBO has some good TV for their season finale, Revis got his money and got to miss training camp and preseason, and the media got a story out of it. Well done, Darrelle, well done.
-AirPort
