The Dallas Cowboys increased their offer over the weekend for suspended cornerback Adam “Pacman” Jones, but the Tennessee Titans are still holding out for more compensation.
Trade talks involving the Titans and Cowboys restarted over the weekend, according to sources, and Dallas’ offer was significantly more than the late round pick previously offered.
The Titans, however, are still believed to be holding out for a fourth-round pick, plus more, as they had previously asked for a fourth-round choice in the 2009 draft as well, according to various published reports.
A league source indicated to The City Paper late last week that a trade involving Jones was “still likely” to happen, despite a statement from Cowboys owner Jerry Jones late last week that he did not know whether the deal would happen.
One of Jones’ representatives acknowledged that the two sides are talking again after both teams could not reach an agreement at the owners meetings early last week.
“It is my understanding that some new dialogue has taken place, but I’m not sure to what extent,” said Nashville attorney Worrick Robinson, who is one of Jones’ agents, along with Manny Arora.
There are still issues that must be resolved in order to make a deal happen for Jones, who is also expected to apply for reinstatement as early as Tuesday. There have been reports that a trade could be completed this week, but compensation and money must still be determined.
The money issue revolves around money owed to Jones by the Titans versus the club’s request that the cornerback pay back part of the bonus money from his original contract.
The Titans apparently owe Jones around $1.25 million in roster bonus money that he earned before being suspended a year ago. However, the Titans are interested in trying to recoup a portion of Jones’ original signing bonus _ some of the $13 million in guarantees they gave him. Those guarantees, however, were not paid in a lump sum signing bonus, but in installments, some of which are apparently still owed to the cornerback.
Regarding that obstacle, the Titans can trade Jones without the money issues being resolved, and both sides would reserve the right to pursue a grievance against each other even if he were no longer Tennessee’s property. However, both sides would prefer final closure in regards to the money before a trade is finalized.
Jones can also be traded without being reinstated, though reinstatement would enhance his value and the Titans’ ability to move him.
Jones has applied for reinstatement twice already and been denied by Commissioner Roger Goodell. The first time came after 10 games of the 2007 season. Then, in February, Jones’ suspension was extended after Goodell had said it would be reviewed at the end of the Titans’ season in January. Jones’ representatives were told that his situation would be reviewed sometime before training camp.
Arora said he will apply for reinstatement sometime before the draft and told The City Paper last week that the application is expected to come this week, perhaps as early as Tuesday.