The Facts:
One of the mini-dramas that will play out over the next few days is the status of Holmes, who was approached by the team more than a week ago to re-work his contract. The two sides are still talking, according to a source, with the Jets insisting that he reduce his $11 million base salary. The team needs the cap space as it heads into free agency.
Reported by ESPN.com
Fantasy Football Diehards Line:
As ESPN.com's Rich Cimini understated: "This should be interesting. ..." It's a bit complicated because Holmes is guaranteed $7.5 million whether he's on the team or not, but there's language in his contract that prevents him from exceeding $7.5 million if he's released. In other words, if he signs elsewhere for $3 million in 2013, the Jets are on the hook for only $4.5 million. He can't "double dip." Assuming the Jets are offering more than $7.5 million for '13, Cimini explained it pays for Holmes to take the cut and stay put -- unless he's willing to sacrifice some money to start fresh and try to land with a contender. Would the Jets go that far, however, given that Holmes is their best receiving threat -- even though he's coming off a complicated foot surgery.
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