Originally Posted by fidelioion
Because if you don't extend him this year (which you can't afford to do) he'll be a free agent at the end of next year and being in a bidding war for Revis is not a bidding war the Jets will or should win. If that's the case, and it almost certainly will be, then you get almost nothing for him.
So you trade him now and get what you can.
Yes the jets can "extend" him today, and not even affect this years cap number.
All they do is sign an extension and don't give him the SB until 2014, nothing hits the cap until then. The SB will have to be guaranteed, but if he was to go to FA he would not see the money till then anyway.