Business Side of Owning NY Jets

New Chapter Between Jets – Giants Rivalry Begins

This will be 50th preseason meeting between the Jets – Giants since 1969. The game is now called the MetLife Bowl, the annual battle between the co-owners of MetLife Stadium, with the Jets leading the series, 25-23-1. Last year the Giants defeated the Jets, 32-31.

This year’s game has special importance because the two teams were interdependent upon one another in this year’s NFL Draft, where…

Analyzing Jets at Midway Point of 2017 Season

I wouldn’t call it a tremendous accomplishment but the Jets are 3-5, going into the second half of the season. You have to consider what the NFL pundits were saying back in August how they wouldn’t be able to win one game. That’s right, one game. I guess they proved them wrong already! Even with that, Todd Bowles doesn’t deserve a metal either. He’s basically still the same coach as last season.…

Jets Woody Johnson Ranked 17th Best Businessperson of NFL Owners

  Fortune took a look at the business backgrounds of the NFL owners and ranked Woody Johnson seventeeth in the aspects of being a businessperson. Johnson’s great-grandfather founded the pharmaceutical giant Johnson & Johnson so he’s never been wanting for money. He’s also a friend of President Donald Trump, who named the New York Jets owner as the U.S. Ambassador to the United Kingdom this summer…

Is Woody Johnson to Blame For Jets Failures?

For starters, in 17 years under Woody Johnson’s ownership, the Jets are eight games under .500. This, by all means states inadequacy. What caused this? Let’s see. Johnson hasn’t shown much dedication to football matters regarding the team like other NFL team owners (Jerry Jones) do. The first item that comes to mind is the idea of spending money to obtain better talent. He has sometimes gone on…

Woody Johnson Made Right Call Sticking With Maccagnan and Bowles?

After a disastrous 2016 Jets season, going 5 -12 and not reaching the playoffs since 2010, one would think that letting go of general manager Mike Maccagnan and coach Todd Bowles would be the right thing to do? The only thing is; they’ve been with the organization for only two years. I know the team did fire former general manager John Idzik after only two years (2013 – 2014) while at the helm…

#NYJets #NYJ #Billionaire #NFL #franchise #business

The Johnson & Johnson heir and New York Jets owner, Woody Johnson, has a net worth of $4.2 billion on the Bloomberg Billionaires Index following an analysis of his financial disclosure to the U.S. Office of Government Ethics as part of his nomination. Other billionaires in Trump’s administration include Commerce Secretary Wilbur Ross and Linda McMahon, who heads the Small Business Administration.…

What Is Woody Johnson’s Jets Valued At?

There are many professional sports team that are worth lots of money and according to Forbes recent valuations of all sports teams, the New York Jets are the 13th most valuable team, currently worth $2.75 billion. Is this due to Woody Johnson being the owner of the team? Well, Johnson is assisted by New York being a very marketable state. It’s the 3rd largest state population-wise, having over…

Woody Johnson and Todd Bowles Have Totally Different Views on Jets 2017 Season

Woody Johnson says fans should judge the 2017 not so much on wins and losses, but rather, on how younger players improve throughout the season. Look at each individual on the team and see if they’re getting better. Improving is a sign of progress. That’s what they’re looking for. The biggest thing is for them to be patient. The concentration on younger players and making sure the coaching staff…

It turns out that when the Jets cut veteran players Eric Decker and David Harris it was solely due to Woody Johnson wanting to cut payroll in what seems to be a rebuilding season in 2017. The team slashed $13.75 million in cash payroll by letting them go. They were pretty much, the last of the veteran players on the roster that were primarily good.

One can say that Decker and Harris wouldn’t fit the mold with the current young roster and it probably wouldn’t have made a difference anyway by having Decker and Harris on the team because they won’t be close to reaching the playoffs.

Fans might think the team should’ve kept them because they needed some type of veteran leadership and to also have some sort of mix with young and somewhat older players. Many NFL coaches take that approach but the Jets changed that in 2017.

So by Johnson stripping the roster down, it certainly puts pressure on the younger players to step up and find a permanent spot. This is the right way to go now. The team is basically sacrificing the 2017 season and is already setting up a foundation through next year’s Draft and beyond.

You might be wondering now, why would Johnson decide to do this while still spending plenty of money during Free Agency and on having other pricey existing contracts? This question might sound insignificant but under the new CBA, the cap (max) for 2017 was $167 M per team. So each team must average around $158M. This requirement literally explains the Jets spending.

As a fan, I’d like to see the Jets take the field on Sunday, with always having a good chance to win in 2017. There will be some doubt in games, with fans expecting them to play hard which is fine but it’ll still be hard to produce wins, especially when the Jets play the Patriots, Raiders and Chiefs this year.