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.
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.