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Old 12th October 2019
  #4
Here for the gear
 

see Michael's web page, it describes exactly your problem.
http://www.analogrules.com/mx5050.html

start looking for a new motor or George at Athan can rebuild it for $300

oops, Note: Rebuild does NOT include replacement of damaged coil assembly. Additional charge applies.

you'll also get the surface of the shaft redone which is a very good thing.
a new pinch roller and a non shiny capstan surface will help your deck run with lower wow and flutter.

Cheers
Alan

oh, and yes, that is a tape head that reads hte outside tach on the motor for speed control. the other piece is part of the drive assembly and needs exact alignment. It will cog without correct alignment.