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Chad Jones waived, headed to NFI

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Chad Jones waived, headed to NFI

Post  Big_Pete on Thu Jul 29, 2010 9:00 pm

no real surprise here

from nydaily news


Chad Jones waived, headed to NFI

By Ralph Vacchiano

Chad Jones, the Giantsí rookie safety who was badly injured in a car accident in late June, was waived today in a procedural move so the Giants could put him on the reserve/non-football injury list.

Jones, a third-round pick out of LSU, is obviously out for the year after shattering his leg in that accident on the morning of June 25. He was recently released from the Hospital for Special Surgery in New York and has returned to his New Orleans home. However he is expected back in New York for more surgery in about two months.

The move means that Jones, who signed a four-year, $2.6 million contract (with an $825,000 signing bonus) a few weeks before the accident, will remain property of the Giants in case heís able to return to football next season. Of course itís way too early for anyone to know if thatíll be possible at all.

ďIím just hopeful that Chad can have a normal life and walk without a limp at this point,Ē Giants GM Jerry Reese told the Daily News yesterday, before the roster move was made. ďAnything after that is a plus for me. If he makes it back to the football field, thatís fantastic. But really, my hopes and prayers are that he can have a normal life and walk without a limp and be a normal person. Right now, thatís really what Iím wishing for for him.Ē

NFL rules state that teams must first waive any players with less than four accrued season if they want to place them on a reserve list before the first cuts in late August - - just like the Giants did a few weeks ago with injured kick returner Domenik Hixon. Since Jones is out for the year, itís a safe bet that no team will claim him and pick up his salary, especially since no one knows if heíll ever play again.

NFL rules also say the Giants are not required to pay any of his salary while heís on the NFI list, though they can not attempt to recoup his signing bonus. The Giants will likely pay him part of the salary at least, though theyíre likely to consider the cost of his medical care and other factors before they settle on a number with Jones and his family and agent.

Read more: http://www.nydailynews.com/blogs/giants/2010/07/chad-jones-waived-headed-to-nf.html#ixzz0v7gYeyUf

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Re: Chad Jones waived, headed to NFI

Post  56 Crazed Dogs on Fri Jul 30, 2010 6:42 am

I'm glad Chad will at least receive the 825,000 signing bonus. This should help greatly with his medical bills. Especially if he doesn't have med insurance.

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Re: Chad Jones waived, headed to NFI

Post  Big_Pete on Fri Jul 30, 2010 8:55 am

I think the Giants intend to sign him to the NFI list and see how he recovers
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Re: Chad Jones waived, headed to NFI

Post  NYG Hampton 27 on Fri Jul 30, 2010 11:41 pm

TD wrote:I'm glad Chad will at least receive the 825,000 signing bonus. This should help greatly with his medical bills. Especially if he doesn't have med insurance.

Coming right out of college he might not, the article mentions him possibly getting some his salary for medical bills and with the class the Giants generally show, I would think that is likely.

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Re: Chad Jones waived, headed to NFI

Post  NYG Hampton 27 on Fri Jul 30, 2010 11:42 pm

Big_Pete wrote:I think the Giants intend to sign him to the NFI list and see how he recovers
I think so too, and he'll almost certainly clear waivers.

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Re: Chad Jones waived, headed to NFI

Post  56 Crazed Dogs on Sat Jul 31, 2010 10:33 am

[/quote]Coming right out of college he might not, the article mentions him possibly getting some his salary for medical bills and with the class the Giants generally show, I would think that is likely.[/quote]

ok maybe.
I thought that I read another article somewhere that said he would get to keep the signing bonus but maybe I did read it wrong.
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Re: Chad Jones waived, headed to NFI

Post  Big_Pete on Sun Aug 01, 2010 1:38 am

he would get to keep his signing bonus from his rookie contract, but not the salary (he was waived)

it is likely that the giants will come to an agreement to put him on the NFI list.

whatever deal is likely done, will have a certain amount of it to cover his medical bills.
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Re: Chad Jones waived, headed to NFI

Post  NYG Hampton 27 on Mon Aug 02, 2010 8:32 pm

TD wrote:
NYG Hampton 27 wrote:Coming right out of college he might not, the article mentions him possibly getting some his salary for medical bills and with the class the Giants generally show, I would think that is likely.

ok maybe.
I thought that I read another article somewhere that said he would get to keep the signing bonus but maybe I did read it wrong.
I meant he might not have medical insurance, he will keep his signing bonus.

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Re: Chad Jones waived, headed to NFI

Post  56 Crazed Dogs on Mon Aug 02, 2010 10:43 pm

ok, gotcha Smile
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Re: Chad Jones waived, headed to NFI

Post  Big_Pete on Tue Aug 03, 2010 2:24 am

The Giants will cover his medical costs and ensure he gets high quality medical care.

NYG has a vested interest in Jones as an investment, we want him to recover and get back to the player he was before injury. We aren't going to compromise/jeapardise his recovery with sub-par medical support.
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