The Jets are open to trading Darrelle Revis.  Various reports indicate that they’re looking for a “Herschel Walker-type package” in return for the three-time All-Pro.  While it's unlikely a team will pay that price, teams are going to be interested any time one of the best defensive players in the league is placed on the open market.

The Colts seem to be a logical landing spot.  Indy has $47 million in cap space, along with a glaring need at cornerback, a position where they only have one (Vontae Davis) starting-caliber player.  Both Cassius Vaughn and Darius Butler were eaten alive by Anquan Boldin during Indy's playoff loss, and the Colts were 31st in Defensive DVOA in 2012 partially due to the holes in their defensive backfield.

Could the Colts look to Revis to fill the void at cornerback?

Ryan Grigson has been aggressive in the trade market during his short tenure, and any deal would almost certainly have to include the Colts’ 24th overall selection in this year’s Draft.  That would mean that Indianapolis would be without their top two selections – their second-round pick is already Miami’s via the Davis deal – this coming April.  If Carson Palmer can inexplicably net two #1 picks (the Oakland Raiders, everybody!), wouldn’t you assume the Jets would want the same for the NFL’s best cornerback? 

However, Indianapolis, or any other trade partner, has some leverage.  Revis almost certainly wouldn’t re-sign with the Jets under any scenario, and his contract disallows them from using the franchise tag on him next Spring.  New York also has severe salary cap issues as they are nearly $20 million over the projected 2013 cap, and would have a lot of trouble finding the scratch to re-sign Revis in the first place.  This is a Jets team that, as Rich Cimini of ESPN New York pointed out, badly needs to resolve those cap issues and get a young infusion of talent.  A Revis deal could expedite that process in both areas.

The bad news for the Colts is that Revis has been a bit of a headache in past contract negotiations, and signing him to a long-term extension after a trade is completed would be a risk considering that he’s coming off major knee surgery.  Plus, Revis could be looking for upwards of $16 million per season, which is an amount that the Colts may not be willing to pay.

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