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Jacksonville is heavily invested in Bortles and will have to give him a couple more years before they write him off.
As of right now, Bortles' contract is up after 2017. The team has not told him whether or not they will pick up his option, and there's about 4 months before that decision deadline arrives. If Jacksonville wants, they can decline the option, pay Bortles less than $3.5m this year, and go from there.