RUMOR: Revis "to hit the market?"

[Ice_Ice_Brady]

Not sure why everyone is panicking; I have believed all along that if the Patriots do not pick up year 2, then:

1. There is a 0% chance that Revis will sign an extension before fully understanding the market and all of the available offers (he's an idiot if he doesn't.)
2. Therefore, there was a 0% chance all along that he would be re-signed as of right now and a tiny, miniscule chance that he'll be re-signed or picked off before the start of free agency.
3. Adam Schefter is a great reporter, but yesterday's report that the Revis sweepstakes would be between the Pats and Jets was naive, or at least, should have been further expanded. Maybe those are Revis's top two choices but not the only players, and things can change quickly in FA. There was simply no way that Revis wouldn't have at least five teams- and likely more- interested in signing him and willing to pay a big price.

That said, the situation has played out EXACTLY how I thought so far, with the only exception that I thought the Patriots might exercise the option (although at that time, I didn't realize they had a handshake agreement with Revis that they would not do that.)

So, nothing has changed. Patriots are no more or less likely to re-resign Revis than they were two weeks ago. The only thing that is different, in the eyes of some people, is that their impossible, unrealistic fantasy of Revis re-upping with the Patriots on a sweetheart deal and not even testing the market will not come true.

 

[JMC00]

3. Adam Schefter is a great reporter, but yesterday's report that the Revis sweepstakes would be between the Pats and Jets was naive, or at least, should have been further expanded. There was simply no way that Revis wouldn't have at least five teams- and likely more- interested in signing him and willing to pay a big price.

Not really. Him saying it is down to the Pats and jests was him saying that's Revis two preferences. Just because Cleveland, Oakland and whoever else show interest doesn't mean Revis suddenly becomes interested in them.

 

[Brady_to_Moss]

So, nothing has changed. Patriots are no more or less likely to re-resign Revis than they were two weeks ago. The only thing that is different, in the eyes of some people, is that their impossible, unrealistic fantasy of Revis re-upping with the Patriots on a sweetheart deal and not even testing the market will not come true.

Revis is a very smart business guy...he already knows his value and what teams will be willing to pay. He doesn't need FA to know what the Jets will pay (in the ball park) and others

 

[hwc]

Revis is a very smart business guy...he already knows his value and what teams will be willing to pay. He doesn't need FA to know what the Jets will pay (in the ball park) and others

If Revis' goal (and it would certainly be a reasaonble goal) is to get the biggest possible contract from the New England Patriots, then he needs to maximize the threat of not re-signing right up to, but not past, the point where the Pats say "screw it" and move on.

 

[FreeTedWilliams]

BUT..

From a Patriots stand point, it makes no sense to not give Revis your best offer now, because if they decline his 20 million dollar option, they will have 5 million in dead cap money. It will be much harder to fit Revis under the cap if you have to carry two cap charges for him, one from the contract that you just released him from, and then another from a mega FA contract. So in other words, if the Pats restructured Revis to a new 5 year deal, they could spread the 5 million dead money and all the signing bonus money over the life of that contract. IF they let him go and then sign him to a big FA deal, they will have to eat that 5 million in dead money next year, AND still have to somehow fit Revis under the cap which will be very difficult.

So my feeling is after 4 pm if Revis is not resigned, he is gone for good

 

[notex]

Not sure why everyone is panicking; I have believed all along that if the Patriots do not pick up year 2, then:

1. There is a 0% chance that Revis will sign an extension before fully understanding the market and all of the available offers (he's an idiot if he doesn't.)
2. Therefore, there was a 0% chance all along that he would be re-signed as of right now and a tiny, miniscule chance that he'll be re-signed or picked off before the start of free agency.
3. Adam Schefter is a great reporter, but yesterday's report that the Revis sweepstakes would be between the Pats and Jets was naive, or at least, should have been further expanded. Maybe those are Revis's top two choices but not the only players, and things can change quickly in FA. There was simply no way that Revis wouldn't have at least five teams- and likely more- interested in signing him and willing to pay a big price.

That said, the situation has played out EXACTLY how I thought so far, with the only exception that I thought the Patriots might exercise the option (although at that time, I didn't realize they had a handshake agreement with Revis that they would not do that.)

So, nothing has changed. Patriots are no more or less likely to re-resign Revis than they were two weeks ago. The only thing that is different, in the eyes of some people, is that their impossible, unrealistic fantasy of Revis re-upping with the Patriots on a sweetheart deal and not even testing the market will not come true.

Agreed completely.

I'll also add that the 2nd year option on the Revis contract was never a feasible option for the patriots anyways... It was something the pats put in for Revis -- rather than think of it as 1 year + 1 year option, it should really be thought of as a "1 year deal with franchise tag protection".

 

[mayoclinic]

Agreed completely.

I'll also add that the 2nd year option on the Revis contract was never a feasible option for the patriots anyways... It was something the pats put in for Revis -- rather than think of it as 1 year + 1 year option, it should really be thought of as a "1 year deal with franchise tag protection".

That's a good way to think of it. Revis effectively said "I'll take a 1 year discount at $12M. But if you want to tag me, it won't be at 120% of that amount, it will be 167%."

 

[hwc]

BUT..

From a Patriots stand point, it makes no sense to not give Revis your best offer now, because if they decline his 20 million dollar option, they will have 5 million in dead cap money.

That $5 million cap hit makes no difference at all. It's the same $5 million cap charge no matter what Revis does. It's $5 million if he resigns. It's $5 million if he goes to the Jets. It's $5 million if he retires. It's $5 million no matter what. Completely irrelevant.

 

[Hammer of Thor]

BUT..

From a Patriots stand point, it makes no sense to not give Revis your best offer now, because if they decline his 20 million dollar option, they will have 5 million in dead cap money. It will be much harder to fit Revis under the cap if you have to carry two cap charges for him, one from the contract that you just released him from, and then another from a mega FA contract. So in other words, if the Pats restructured Revis to a new 5 year deal, they could spread the 5 million dead money and all the signing bonus money over the life of that contract. IF they let him go and then sign him to a big FA deal, they will have to eat that 5 million in dead money next year, AND still have to somehow fit Revis under the cap which will be very difficult.

So my feeling is after 4 pm if Revis is not resigned, he is gone for good

The $5m charge from the previous contract will hit the 2015 cap regardless of whether he resigns before or after the option is declined or if he doesn't resign at all. So that has no implications here.

 

[mgteich]

Revis is a very smart business guy...he already knows his value and what teams will be willing to pay. He doesn't need FA to know what the Jets will pay (in the ball park) and others

Why should Revis make his decision in the next 3 hours based on a guess of which teams are interested and a "ball park" estimate of what they will pay.

Doesn't it make much more sense for Revis to have his agent field actual offers tonight with the idea of signing in the next couple of days?

 

[FreeTedWilliams]

The $5m charge from the previous contract will hit the 2015 cap regardless of whether he resigns before or after the option is declined or if he doesn't resign at all. So that has no implications here.

wrong, they can sign him to an extension of his original contract and extend the years in which that 5 million can be carried on the cap. So instead of terminating his current contract and taking the 5 million dollar cap hit, they could sign him to an extension (before 4pm today). The extension would allow them pro rate that 5 million and any new signing bonus over the life of the contract. Much like they have done with the numerous restructuring of Brady's deals.

 

[VectorPrime]

I'm beginning to get legitimately pissed off about this whole situation. I don't blame anyone involved but I just don't like this at all.

 

[karguy85]

Adarn (not Adam) Schefter is reporting Revis to the Seahawks

 

[Hammer of Thor]

wrong, they can sign him to an extension of his original contract and extend the years in which that 5 million can be carried on the cap. So instead of terminating his current contract and taking the 5 million dollar cap hit, they could sign him to an extension (before 4pm today). The extension would allow them pro rate that 5 million and any new signing bonus over the life of the contract. Much like they have done with the numerous restructuring of Brady's deals.

No, this is incorrect. What they've done with Brady is convert future salaries into signing bonuses. This is dealing with a past signing bonus. That can never change -- they can do nothing about that 5 million charge this year.

The equivalent of what they've done with Brady is this: take Revis' new 20m salary and call it a 2015 signing bonus. That can be spread. Nothing can be done about the remaining 5 million from last year's 10 million signing bonus.

 

[TBR]

Adarn (not Adam) Schefter is reporting Revis to the Seahawks

That's crazy! @AAdammmmShe1fter also said the Seahawks are trading for Belichick and a cloned version of prime Randy Moss.

I just can't take it any more....

 

[KDPPatsfan85]

Adarn (not Adam) Schefter is reporting Revis to the Seahawks

Adam Seward? [emoji12] [emoji23]

 

[PatsFanSince74]

Not sure why everyone is panicking; I have believed all along that if the Patriots do not pick up year 2, then:

1. There is a 0% chance that Revis will sign an extension before fully understanding the market and all of the available offers (he's an idiot if he doesn't.)
2. Therefore, there was a 0% chance all along that he would be re-signed as of right now and a tiny, miniscule chance that he'll be re-signed or picked off before the start of free agency.
3. Adam Schefter is a great reporter, but yesterday's report that the Revis sweepstakes would be between the Pats and Jets was naive, or at least, should have been further expanded. Maybe those are Revis's top two choices but not the only players, and things can change quickly in FA. There was simply no way that Revis wouldn't have at least five teams- and likely more- interested in signing him and willing to pay a big price.

That said, the situation has played out EXACTLY how I thought so far, with the only exception that I thought the Patriots might exercise the option (although at that time, I didn't realize they had a handshake agreement with Revis that they would not do that.)

So, nothing has changed. Patriots are no more or less likely to re-resign Revis than they were two weeks ago. The only thing that is different, in the eyes of some people, is that their impossible, unrealistic fantasy of Revis re-upping with the Patriots on a sweetheart deal and not even testing the market will not come true.

While I agree that there was no way the Pats were ever going to pay him the $20mil (handshake or no handshake), I'm keeping the door open a tiny crack to the possibility that he'll cut a deal with the Pats before 4:00 this afternoon. I admit that it's a long shot and that I wouldn't bet much more than a beer on it happening, but I'm not ready to rule it out just yet.

 

[50-yard-line]

I'm beginning to get legitimately pissed off about this whole situation. I don't blame anyone involved but I just don't like this at all.

That's on you and your impatience. Smart businessmen play if close to the vest and wait for the other guy to blink. Ain't no blinkers between Revis and the Patriots.

They'll play it out to the end.

 

[PatsFanSince74]

I keep refreshing this page every few minutes, hoping to see something, anything.

I think somebody would start a new thread. But refresh away!

 

[PatsFanSince74]

That's on you and your impatience. Smart businessmen play if close to the vest and wait for the other guy to blink. Ain't no blinkers between Revis and the Patriots.

They'll play it out to the end.

Yeah, if there's a deal, it will be cut at 3:59:59 EDT.