Neither the Jets nor the Seahawks have officially announced that Percy Harvin is being shipped from Seattle to New York, but when the trade is finalized, the Seahawks are expected to receive a mid-round draft pick as compensation.
The trade will be for a conditional pick that is currently slated to be in the fourth round, but could rise as high as the second round, based on certain incentives. At this point it’s not clear exactly what those incentives are, but they’re presumably tied to Harvin’s playing time, his stats, or whether he’s still on the Jets at the time of next year’s draft.
That compensation shows just how far Harvin’s stock has fallen. The Seahawks gave up a first-round pick, a third-round and a seventh-round pick to acquire Harvin a year and a half ago, and now they’re maybe getting a third-round pick to trade him away. They’ve essentially thrown away a first-round pick and a seventh-round pick to rent Harvin during a period when he was mostly injured and unable to play.
The Seahawks ended up getting a whole lot less from Harvin than they thought they’d get. Now we’ll see if Harvin can maximize his talent with the Jets.
UPDATE: It turns out the pick isn’t as good a deal as it initially looked for the Seahawks: It’s actually a conditional sixth-round pick that could go as high as a fourth-round pick.