The changes at One Jets Drive have reportedly gone into overdrive in recent weeks according to a report.
An update from Sports Business Journal says the Woody Johnson owned team offered buyouts to roughly 170 of its 250 employees over the past few weeks. The deadline for employees to accept the terms is Monday:
The SBJ update states that the motivation behind the buyouts is "cultural, not financial."
After years of leaked news within the New York Jets organization, it appears a foot is being slammed down on nearly everyone.
Sports Business Journal states that buyout terms for various employees are as follows:
- Employees with fewer than 10 years’ experience are offered two weeks of pay for every year of service, plus a sum equivalent to their 2024 bonus.
- Employees between 10-20 years’ experience would receive three weeks of pay for every year of service, plus their health insurance premium for that period, and their 2024 bonus.
- Employees with 20 or more years – and all vice presidents and above by title – were offered 80 weeks of pay and health insurance, plus their 2024 bonus.
The Jets completed their 14th-straight season missing the postseason in 2024. The team hired head coach Aaron Glenn and general manager Darren Mougey this offseason to help change that.
Jets Wire will continue to provide updates throughout the 2025 offseason.