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Seahawks Blog

The latest news and analysis from all angles on the Seahawks.

February 18, 2015 at 12:24 PM

New York Jets say no decision yet on keeping Percy Harvin — restructuring contract an option

Where one of Seattle’s picks in the 2015 NFL Draft will ultimately land remains in the hands of the New York Jets

Per the terms of the trade made in October, the Seahawks will get a fourth round pick from the Jets if receiver Percy Harvin remains on New York’s roster through March 19. If he is released prior to that date, then the Jets will send a sixth round pick to Seattle.

Mike Maccagnan, the new general manager of the Jets, confirmed that scenario when meeting with media here at the NFL Combine, and said the team is not yet sure what it will do.

Harvin is owed $10.5 million in 2015 per the terms of the six-year deal he signed with Seattle after the Seahawks acquired him in a trade with Minnesota in March 2013.

None of that is guaranteed — all of the $14.5 million guaranteed to Harvin in the deal came in the first two seasons.

While the decision is usually framed as either keeping Harvin at that salary or releasing him, Maccagnan confirmed that the Jets could also restructure Harvin’s deal. That would not impact the terms of the trade, however. As long as Harvin remains on New York’s roster through March 19, on the current deal or a new one, then Seattle gets a fourth-round pick. If not, it’s a sixth-rounder.

Maccagnan said today that the team will weigh both Harvin’s salary as well as the benefit of giving Seattle a lesser draft pick in its decision.

“I think all of those things weigh into it,” he said. “I don’t want to get too far into ¬†as a courtesy to Percy and his agent, Joel Segal. We will talk to those guys at some point in the near future.

“But you have to weigh all those things. You have to weigh Percy as a player, which is he’s a very good player so that has a certain value. But then you have to look at what he is financially compensated for. That’s a simple reality of the salary cap. You have to look at different things you can do, whether you carry him at his current contract or restructure to a more cap-friendly one. …

“All of those things factor into it, but a lot of it, too, is how our new coaching staff views Percy and how they would utilize him. So not to be overly vague, but there are a lot of different things that go into it and I those are a lot of the conversations we want to have with Joel and Percy himself.”

Todd Bowles, the new Jets’ coach, said only that “we are still evaluating the process” and offered no real thought on keeping Harvin or releasing him.

Harvin caught 29 passes in eight games with the Jets after being traded on Oct. 17 while also returning 20 kickoffs for 495 yards and carrying the ball 20 times for 110 yards.

He had 22 receptions for 133 yards in five games with the Seahawks with 12 kickoff returns for 283 yards and 11 carries for 92 yards.

 

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