RUMOR: Revis "to hit the market?"

Kdo5 said:

Oh I'm so very sorry for not clarifying. Most of the reports and things being posted on this forum about Revis are all opinions and feelings.

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Florio as scooper: actually pretty good.
Florio's gut instincts: less valuable than gut bacteria.

FreeTedWilliams said:

Actually Florio is right about this one...

Think about it, If the Pats cut Revis tomorrow, they will still have a 5 million dollar cap hit (from his signing bonus last year). So, if they can't come to a long term deal by tomorrow at 4 pm, the Pats have two options cut Revis and save the 20 million dollar salary and take the 5 million dollar cap hit, or pay him the 20 million and have him play under that deal. I highly doubt they cut him and then turn around and sign him to a big long term contract. Whatever they feel is the best offer will come by 4pm tomorrow.

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I'm pretty sure that cap hit comes regardless. It's pretty much 5 mill of the 12 mill (was only paid 7 last year) for last season. I think we can safely ignore it from Revis' current negotiations. Someone correct me if I'm wrong.

Froob said:

I'm pretty sure that cap hit comes regardless. It's pretty much 5 mill of the 12 mill (was only paid 7 last year) for last season. I think we can safely ignore it from Revis' current negotiations. Someone correct me if I'm wrong.

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You're correct. The $5mil cap hit is a sunk cost that hits NE's cap no matter what happens.

Mccourty said revis is still unsure. Dont like that

Jason La Canfora ‏@JasonLaCanfora 3m3 minutes ago
Darrelle Revis situation still predicated on guaranteed $. Would NYJ/KC guarantee all of a 3yr/$42-$45M deal? Tough for NE or most teams...

Schefter just reported Option to be Declined. Revis set to be Free Agent Tuesday. Dont know if thats news but there it is

Not a rumor anymore.

How is this news? Lazy reporting by Schefter again?

Picking up the $20 million option wasn't expected anyway. This doesn't mean they can't work out a contract

Revis hasn't hit free agency, but if he does, I heard he's seeking something in the ballpark of 3yrs, $48M with $40M gtd. We'll see.

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https://twitter.com/KMart_LI/status/575015828120338432

Jets beat writer.

#Patriots will continue to negotiate with Darrelle Revis despite not picking up option. They are NOT done talking. They're still working it.

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https://twitter.com/CharlesRobinson/status/575018752086945792

He's a drama queen, this comes with the territory of having him.

He'll parade around a bit, some jets leaks will come out tomorrow, and at the end of the day he'll resign.

FreeTedWilliams said:

Actually Florio is right about this one...

Think about it, If the Pats cut Revis tomorrow, they will still have a 5 million dollar cap hit (from his signing bonus last year). So, if they can't come to a long term deal by tomorrow at 4 pm, the Pats have two options cut Revis and save the 20 million dollar salary and take the 5 million dollar cap hit, or pay him the 20 million and have him play under that deal. I highly doubt they cut him and then turn around and sign him to a big long term contract. Whatever they feel is the best offer will come by 4pm tomorrow.

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I still don't understand this logic. Revis and the patriots have not reached a deal. That is what we know. For all the nonsense from the media, Revis does NOT know the best deal that he can get on the open market.

Look what happened with McCourty. Four teams were interested enough to call. There might even have been more if he waited a bit longer. Revis on the other hand has only received illegal discussions. Even if these have happened from several teams, this is nowhere the detail of negotiations that Revis can have starting tomorrow after 4PM. Next weekend, Revis will have the same information that McCourty had when he signed with the patriots.

I DO NOT KNOW how much the patriots are willing to pay. Perhaps the same amount as offered today will be enough to sign Revis next weekend. Perhaps, as he did for McCourty, Belichick will re-assess his offer and strategy once Revis comes and tells him this is the last meeting. We just don't know.

2015 CAP MONEY may be the issue on Monday or Tuesday (after all we need to be under in 24 hours). It will not be the issue on Friday. A new contract for Revis might cost as little as $4M of 2015 cap money ($3.5M net). There are lots and lots and lots of ways to free up that money, even by Friday. A $6.5M cap hit is more reasonable ($6M net).

EXAMPLE CONTRACT
5/$70M with $35M guaranteed

Signing Bonus - $25M
Roster bonuses - $2.5M ($500K each year)
2015 salary - $1.0M
2016 salary - $8.5M
2017 salary - $10M
2018 salary - $11M
2019 salary - $12M

ALTERNATIVES
If more money is "needed", $1M a year starting in 2016 can be added, or $2M or even $3M.

The AAV's would be $14M under the example, and $15M, $16M or $17M under the alternatives. The 2015 cap remains at $6.5M or a net addition of $6M.

mgteich said:

Now, wasn't that easy. Don't you feel better?

Seriously, no one should be riding you so hard for not knowing Miguel's name. For most of us, we have used his name (sometimes in vain) hundreds and hundreds of times.

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Seriously I have tremendous respect for Miguel. The hours he must spend to supply us with such valuable info to feed our everything Pats craving. Wish everyone was as friendly as you on the site. Remember as Krafty says. We are All Patriots

I think the deal is done. Just that both camps are known to keep it close to the vest.

"Can I spike it....No you spike it......You spike it!

BUSTAMOVE said:

I think the deal is done. Just that both camps are known to keep it close to the vest.

"Can I spike it....No you spike it......You spike it!

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I wish Schefter thinks a deal is done

Brady_to_Moss said:

I wish Schefter thinks a deal is done

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I obviously was joking but I think a deal will get done. It makes way too much sense not to. Last minute stare down from both camps to get that last little bit out of the negotiation

BUSTAMOVE said:

Seriously I have tremendous respect for Miguel

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I don't. Cap is crap. /sarcasm

I don't see the Pats getting close to market for that guaranteed number given Revis's age.
For next year I hope I am wrong - but I have doubts he could stay at this level for three years

BB4PRez said:

I don't see the Pats getting close to market for that guaranteed number given Revis's age.
For next year I hope I am wrong - but I have doubts he could stay at this level for three years

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Champ Bailey was an All-Pro at age 32. Same with Deion Sanders.

Charles Woodson was an All-Pro 3 times from age 32-34.

TBR said:

Champ Bailey was an All-Pro at age 32. Same with Deion Sanders.

Charles Woodson was an All-Pro 3 times from age 32-34.

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Also, Brent Grimes just made 2nd team all pro this past season, at age 31