Cornerback Darrelle Revis finalized his trade from the New York Jets by agreeing to a contract with the Tampa Bay Buccaneers reportedly worth $96 million over six years but with no guaranteed money.
His agents, Neil Schwartz and Jonathan Feinsod, reported on Twitter that there was an agreement on terms between Revis and the Buccaneers. Details were not announced, but ESPN's Adam Schefter reported the deal was worth $96 million over six years with no guaranteed pay.
The Jets reportedly received the Bucs' No. 13 pick in the first round and a fourth-round pick in 2014 that could become a third round selection, dependant on playing time.
If there are no guarantees, then the Bucs' should be able to cut Revis as early as 2014 if he does not sufficiently recover from his ACL surgery. Revis arrived at the Buccaneers' facility on Sunday afternoon for a physical exam that was the last hurdle in the way of finalizing his trade from the New York Jets.
Revis had surgery to repair a torn ACL in his left knee that knocked him out of action in the third game of last season.
Although Revis was cleared to run last week and is reported to be progressing well, it is not uncommon that deals involving a player coming off surgery include contingencies based on play time or performance.
For the Bucs, this deal is the one of several the team made to address a pass defense that was last in the league in 2012. Tampa Bay already signed former San Francisco 49ers safety Dashon Goldson to a free agent deal worth $41.25 million over five years.
For the Jets, this deal is part of a move by new general manager John Idzik to build for the future. Revis was entering the final season of a four-year deal he signed in 2010. He was due to receive a $3 million base salary and another $3 million in bonuses. Revis earned $1 million from a workout bonus for showing up at the Jets' voluntary offseason workout program last week.
Revis, a four-time Pro Bowl player and considered the best cornerback in the league before the injury, was reported to want at least $15 million per season in a new contract.
There was a report earlier in the weekend, that the Jets gave Revis permission to negotiate with the Bucs, presumably over potential contract details, even as the teams continued to talk and the medical exam was scheduled.