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Report: Jets, Bucs have Revis trade framework in place

Panthers Jets Football

New York Jets’ Darrelle Revis on the field during the first half of a preseason NFL football game against the Carolina Panthers Sunday, Aug. 26, 2012, in East Rutherford, N.J. (AP Photo/Julio Cortez)

AP

The Buccaneers and Jets have come to an agreement on trade compensation for cornerback Darrelle Revis, Jason Cole of Yahoo! Sports reported Sunday.

It’s unknown what the Buccaneers would give up for Revis if a trade is indeed finalized, but Tampa Bay’s first-rounder (No. 13) has been speculated to be in play ever since the Bucs became the clear top suitor for the star cornerback.

Also, the Buccaneers and Revis have reached “basic” agreement on a contract if he joins Tampa, Cole reported. The 27-year-old Revis is entering the final year of his current deal.

Earlier Sunday, ESPN’s Adam Schefter first reported that the Jets had given the Bucs the go-ahead to give Revis a physical. Per multiple reports, the physical is expected to occur on Sunday.

Revis missed most of last season with an ACL tear, but he has been able to work out, and he is almost seven months removed from the injury.

UPDATE 11:07 a.m. ET: Jason La Canfora of CBS Sports reports the Buccaneers will surrender “multiple” draft picks for Revis if a deal can be finalized.

UPDATE 1:20 p.m. ET: Per Rich Cimini of ESPN New York, the Bucs will give up the No. 13 pick in a multi-pick package if Revis is traded.