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The Tampa Bay Buccaneers have parted ways with cornerback Darrelle Revis, releasing the five-time Pro Bowl cornerback Wednesday after being unable to trade him and his $16 million salary.
The move saved the Bucs a $1.5 million bonus that Revis would have been due if he remained on the roster. It also freed additional space under the salary cap, which the team intends to use to continue an overhaul of the roster under new coach Lovie Smith and general manager Jason Licht.
Revis was obtained in a pre-draft trade from the New York Jets last spring, a deal that cost the Bucs a first-round pick in 2013 and a fourth-rounder this year. If Revis had remained on Tampa Bay's roster at 4 p.m. ET Wednesday, he would have been due the bonus, and the 2014 pick the Bucs sent to the Jets would have become a third-rounder.
The Cleveland Browns and Oakland Raiders had talked to Tampa Bay about a possible trade for Revis, sources told ESPN NFL Insider Adam Schefter, confirming multiple reports.
Source: ESPN
The move saved the Bucs a $1.5 million bonus that Revis would have been due if he remained on the roster. It also freed additional space under the salary cap, which the team intends to use to continue an overhaul of the roster under new coach Lovie Smith and general manager Jason Licht.
Revis was obtained in a pre-draft trade from the New York Jets last spring, a deal that cost the Bucs a first-round pick in 2013 and a fourth-rounder this year. If Revis had remained on Tampa Bay's roster at 4 p.m. ET Wednesday, he would have been due the bonus, and the 2014 pick the Bucs sent to the Jets would have become a third-rounder.
The Cleveland Browns and Oakland Raiders had talked to Tampa Bay about a possible trade for Revis, sources told ESPN NFL Insider Adam Schefter, confirming multiple reports.
Source: ESPN
