Revis traded to Bucs from New York Jets last year.
The Tampa Bay Buccaneers are expected to release cornerback Darrelle Revis on Wednesday if they are unable to find a suitable trade deal, as reported by ESPN.
Time is of the essence for the Bucs as Revis has a $1.5m roster bonus due on Wednesday and the fourth-round pick that Tampa Bay traded to the New York Jets last year would become a third-round pick if Revis is still on Tampa’s roster as of 4:01 p.m.
As a result, rather than lose money and the extra round, the Buccaneers are attempting to trade Revis ahead of the free agency market opening, but if no deal can be found then they are expected to release him.
While the move would see Tampa Bay get nothing in return, they would save $16m in salary cap space which would allow them to spend on other players or re-sign some of their key stars this summer.
The two parties have been in negotiations over a restructured contract but have been unable to reach an agreement with Wednesday’s deadline now fast approaching.
The Buccaneers have reportedly been trying to trade Revis since the Combine, but his contract has been a stumbling block for potential suitors who have either not been willing to take on that level of money or don’t have the requisite space.
It appears inevitable that Revis will now be shipped off by Tampa Bay, while the Jets will remain with a fourth-round pick. As for the cornerback himself, it remains to be seen where his next move takes him.