Report: Jets claimed to be short on cash during free agent negotiations
It’s hard to believe any NFL team could be short on cash, but that’s what the New York Jets reportedly claimed while negotiating with free agents.
According to Manish Mehta of the New York Daily News, Jets GM Joe Douglas and team negotiators told the agents of free agents that the team was short on cash. This comes despite the fact that the franchise is valued at $3.2 billion.
The Jets opted for mostly one-year deals in free agency, meaning they will have ample cap space a year from now. Whether that is part of the plan or reflective of cash flow issues is not clear.
The team has been the subject of some very unflattering headlines this offseason, and this is another. It’s hard to imagine an NFL franchise claiming to be short on money, and it raises the question of whether the Jets were telling the truth or trying to get a leg up in negotiations. Neither is particularly good.
