The New York Jets and quarterback Ryan Fitzpatrick ended their five-month contract dispute on Wednesday. The two sides finalized a one-year, $12 million contract on the eve of the team's first training-camp practice, sources told ESPN NFL Insider Adam Schefter.
The deal also includes another $3 million in incentives, which could boost the value to $15 million, a source told Schefter.
Sources told Schefter the Jets increased their offer Wednesday from $8 million to $12 million and gave Fitzpatrick until 7 p.m. ET to take the deal or the team would be "moving on." The team drafted Christian Hackenberg and Nick Foles recently became available, which perhaps helped Fitz agree to terms. FitzMagic threw for 3,905 yards last year including 31 TDs, which made him the #11 QB on the year. Matt Forte is an added weapon at RB along with WRs Brandon Marshall and Eric Decker, so Fitzpatrick should again find himself as a high-end QB2 (or better) this year. The signing provides a bump to both Brandon Marshall and Eric Decker, who finished #3 and #14, respectively, in PPR formats last year.
The Jets' first training camp practice is Thursday.
NFL salary cap expert Joel Corry suggests Mo Wilkerson’s 2016 cap relief deal could free up cap room for a one-year deal with Ryan Fitzpatrick because the Jets had $3.425 million of space before the deal.
Offer Fitzpatrick one year for $12 million and the opportunity to bet on himself.
That part of the Jets’ three-year, $24 million offer was always a no-brainer for Fitzpatrick to sign if only because he has no other suitors.
FitzMagic was the #11 fantasy quarterback last season. It was his first finish in the top 12, though he was the #13 QB in 2011, playing for then-HC (and current-OC) Chan Gailey in Buffalo. It’s clear that with these two, the sum of the parts is greater than the whole, and given the weapons would have at his disposal -- Brandon Marshall, Eric Decker and now Matt Forte -- Fitzpatrick will once again be a threat to finish with QB1 numbers, assuming he re-signs.
Sunday, July 3, 2016, 4:13pm
When it comes to NFL quarterback contracts, a rising tide doesn’t necessarily lift all boats. Just ask Ryan Fitzpatrick, who gained no leverage from contracts given to players like Sam Bradford (two years, $35 million) and Brock Osweiler (four years, $72 million). Ultimately, a quarterback’s value is driven not by what others have gotten, but by what anyone will pay this specific player.
Fitzpatrick, despite the Bradford, Osweiler, and now Andrew Luck deals, can’t get eight figures per year from the Jets, or anything close to that from anyone else. Next year, that same problem could apply to Bills quarterback Tyrod Taylor.
The story went on to say Taylor is due to earn $3 million this year, which when it comes to quarterbacks isn’t peanuts but pressed peanut sweepings. For Taylor, his value next year likely will be driven by the market for mid-level quarterbacks, if anyone out there chooses to pay him a mid-level contract, which currently is in the range of $15 million per year. Luck’s new contract doesn’t change that.
Sunday, April 3, 2016, 1:01pm
ESPN's Rich Cimini offered the following on the Jets-Ryan Fitzpatrick situation:
Ideally, the Jets would like to resolve the contract stalemate by April 18, the start of the offseason program. Unless another team emerges from the weeds, Fitzpatrick's only options are to take the Jets' low-ball offer (about $7 million) or not play.
I don't think Fitzpatrick's pride would allow him to cave quickly; he could try to slow-play the Jets. They could try to pressure him by flirting with Brian Hoyer or Josh McCown, but they'd better be careful. If New York ends up with one of them and loses Fitzpatrick, it's a loss for the Jets, even if they save a few million bucks. They need him, he needs them. Get it done.
Friday, January 1, 2016, 6:26pm
Wednesday, December 30, 2015, 6:13pm
Friday, December 25, 2015, 10:17pm
Jets QB Ryan Fitzpatrick (left thumb, probable) took full practice reps all week and is probable for Week 16. Fitz threw for 295 yards and two touchdowns in his Week 7 meeting with the Patriots, though the New England defense is playing better at this point in the season.
Thursday, December 24, 2015, 6:12pm
Wednesday, December 23, 2015, 6:11pm
Friday, December 18, 2015, 6:32pm
Jets QB Ryan Fitzpatrick (left thumb, probable) took full practice reps all week and is probable for Week 15. Fitzpatrick has 15 total touchdowns in his last six games. He’s good to go for a difficult matchup against the Cowboys.
Thursday, December 17, 2015, 6:06pm
Wednesday, December 16, 2015, 6:21pm
Friday, December 11, 2015, 6:22pm
Jets QB Ryan Fitzpatrick (left thumb, probable) took full practice reps all week and is probable for Week 14. Fitzpatrick has accounted for at least two touchdowns (rush/pass) in seven of his last eight games, with the lone exception being the Oakland game, where he played only 11% of the snaps due to injury. The Titans are 26th in QB aFPA, so Fitz is looking like a safe start this week.
Thursday, December 10, 2015, 6:31pm
Jets QB Ryan Fitzpatrick (left thumb) took full practice reps again Thursday. Fitzpatrick has accounted for at least two touchdowns (rush/pass) in seven of his last eight games, with the lone exception being the Oakland game, where he played only 11% of the snaps due to injury. The Titans are 26th in QB aFPA, so Fitz is looking like a safe start this week.
- Page 1