Cimini also adds this intriguing fact:
"Ah, but take a closer look; it's not as much leverage as you might think. There's off-set language in the contract, meaning Holmes -- if released -- can't earn more than $7.5 million in 2013. In other words, he can't double dip. He's maxed out at $7.5 million, so it might behoove him to take a haircut on that $11 million, knowing he'd make the most money by remaining with the Jets"
Basically it comes down to the interest in Holmes from other teams. If there is interest from other teams in him, he will feel fine in being released but it also means that we can trade him for picks. If there is no interest, then we won't get anything for him, but he will know that the Jets are his only chance to get paid.