I don't know him personally, but he's certainly articulate. I read the PS part twice. I think that's the latest crisis/drama Jerry was trying to promote, but Phil lays it out in a clearer manner.

Essentially, you have to believe that the old language would let us capture the other employees' PS, and that a long-shot grievance would have succeeded. Admittedly, the other language was not written for dual PS pools.

So IF you first make abstraction of the fact we were able to maintain our PS intact (AND the fact you have an overall deal), THEN you can complain that the long-shot payout didn't come through.

So you have Jerry cherry-picking other contracts, and Phil elegantly cherry-picking alternative outcomes.