here's the story on that photo:

Just before that start, Tim (ground crew extrodinaire) made a comment that I had tied a downhaul line over the spinnaker sheet. I told him that I would fix it later (hindsight; should have just let him fix it). I wasn't terribly prepared mentally for the spinnaker right off the beach. First attempt at a hoist illustrated that I forgot to untie the downhaul line and I released the spinnaker halyard back down to clear the line. The tack line was still engaged. After I cleared that line I rehoisted the chute to find that the salt-encrusted tack line cleat hadn't fully closed and the tack line went flying out about the time I had fully hoisted the halyard. I didn't realize the spinnaker had caught on a batten on the back of the main when I tried to reengage the tack line - resulting in the tear (you can see part of the spinnaker caught on the batten in the picture). After finally getting the sail clear of the mainsail and the two corners pulled out, I went to sheet it in and the sheet pulled out of the clew of the spinnaker. After all this, and realizing that the spinnaker was torn I was redefining the phrase "swearing like a sailor" when Carl pats me on the shoulder and says "It's going to be alright". The spinnaker held and the rip only expanded about two inches for the entire trip that day - we finished in 4th place.

At second glace - looks like the sheet already came out of the clew as there is only one attached. Good thing there's no audio!