There are four things the Jets could do with Darrelle Revis.
Option 1: Trade him before the draft to the team (not in the AFC East or in New York) willing to offer the most.
Option 2: Trade him during the five-month period after the draft but before the trading deadline, under the assumption that Revis will be able to fetch more in return once he is healthy and playing at his old level (assumption #2). [Update: As pointed out to me on twitter, the Jets will also incur the $9M penalty discussed in Option 3 if Revis is traded after June 1st.]
Option 3: Have Revis play out his contract, and then watch him sign with another team in the off-season (or enter a bidding war and try to win Revis on the open market). In return, the Jets will receive a compensatory draft pick, roughly the 100th pick in the 2015 draft. And, since Revis was given an $18M bonus on a six-year deal in 2011 — a deal that Revis has the option of voiding after this season — the Jets will also incur a nine million dollar cap penalty in 2014.
Option 4: Re-sign Revis to a mega deal now. The Jets will get a slight discount off the enormous contract Revis would get on the open market based on the questions about his knee and the fact that he’s due to make “only” $9M in 2012.
















