The New England Patriots could conceivably be losing both of their starting corners from last year's Super Bowl-winning club.
According to ESPN's Adam Schefter, the Pats will not pick up the team option on Revis, which would have counted for over $20 million in cap space in 2015. That means Revis will hit the market as the best free agent available when Tuesday's signing period opens, assuming he doesn't agree to a contract before then.
The All-Pro corner signed a one-year deal last offseason with a team option for this year, but no one ever thought the Patriots would exercise the option.
This news comes just after it was revealed that cornerback Brandon Browner could also hit the market, Jeff Howe of the Boston Herald reports. New England is permitting Browner to "explore his value around the league."
If the Patriots exercise Browner's option, he would count $4.8 million against the cap, but he would also earn a $2 million roster bonus tomorrow. If they decline the option, they would save $4.8 million against the cap without any dead money because Browner didn't receive a signing bonus last year.
Browner's value on the open market might actually approach $7 million to $8 million per year, according to the source, because Byron Maxwell ($63 million over six years, according to reports), Brandon Flowers ($36 million over four years, according to reports) and Kareem Jackson ($34 million over four years, according to reports) have shaped the cornerback market in the last couple days.
Browner originally signed a three-year contract with a maximum value of $16.8 million, which calls for him to earn a $2 million roster bonus if he's on the team's roster at the start of the 2015 league year at 4 p.m. ET on Tuesday.
Apparently, the two sides apparently thought the deal wasn't working, and Browner will now hit the market.