What we learned on Day 1 of free agency

March, 12, 2014
Mar 12
2:00
AM ET
A few thoughts on the New York Jets did (correction: didn't do) on the first day of free agency:

1. Rough start: It wasn't a productive day for the Idziks. They lost right tackle Austin Howard to the Oakland Raiders, watched as the three highest-rated corners came off the board and began to hear the rumblings of a Darrelle Revis-to-the-New England Patriots scenario -- a potential nightmare. But, hey, they re-signed kicker Nick Folk to a long-term deal.

2. Patience: The lack of activity set off a near panic among fans who wanted general manager John Idzik to put in dent in that $39.6 million cap surplus. Relax, people. It was only the first day, when desperate teams throw ridiculous money at players not worthy of superstar paychecks. Championships aren't won in March. Jets fans should know that better than anyone.

3. Howard's end: The Jets liked Howard, they really did, but they liked him only to a certain point. Idzik didn't want to match the five-year, $30 million offer from the Raiders, and that was that. His fallback option appears to be former Seattle Seahawks right tackle Breno Giacomini, who was good enough to start for the Super Bowl champions.

4. They like Mike: It has been rumored for weeks, but now it can be confirmed: Yes, the Jets have interest in quarterback Michael Vick (Philadelphia Eagles), according to a league source. They also scheduled a visit with Josh McCown (Chicago Bears), who also has visits set up with the Tampa Bay Buccaneers (the favorite) and the Houston Texans. Vick reportedly is drawing interest from the Buffalo Bills and Raiders. The Jets would like to get it wrapped up quickly, but it sounds like Vick will take his time. Meanwhile, Mark Sanchez is twisting in the wind, waiting to learn his fate.

5. Dangerous corner: It's too soon to say the Jets are desperate at cornerback, but I bet Rex Ryan is feeling a bit uneasy about his current situation. The Jets expressed a strong interest in Vontae Davis, but he re-signed with the Indianapolis Colts for four years, $39 million. Alterraun Verner was on the Jets' radar, but he signed with the Buccaneers for four years, $25.5 million. The Denver Broncos took Aqib Talib away from the New England Patriots with a crazy contract -- six years, $57 million. The cornerback market isn't barren yet, but the Jets might want to get busy. Keep an eye on Captain Munnerlyn (Carolina Panthers) and Dominique Rodgers-Cromartie (Denver Broncos). And, of course, Antonio Cromartie is out there. Remember him?

6. 'Folk Hero' gets paid: Folk wore the franchise tag for only two weeks. On Tuesday, he signed a four-year, $12 million contract. The deal reportedly includes only $2.1 million in guarantees, about $1.4 million less than what he would've received if he had signed the $3.55 million franchise tender. Folk wanted a long-term deal for security, but in reality, it won't be hard to cut him if he has a bad year. Good deal for the Jets.

7. Quiet at receiver: Not much action for the free-agent wide receivers. Here's a name to watch: Miles Austin, who was released by the Dallas Cowboys. The receiver-needy Jets are expected to have interest. They're also showing interest in running back Maurice Jones-Drew (Jacksonville Jaguars) at "the right price," a source said. They're eyeing other backs as well.

Rich Cimini

ESPN New York Jets reporter

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