Ivory was the odd-man out in the Saints' crowded backfield last season, but he still received a second-round tender, which would be a one-year, $2.023 million contract. If the Saints declined to match an offer sheet, they'd receive the Jets' second-round pick (39th overall) as compensation.
The Jets have no intention of surrendering their second-round pick for a player who rushed for only 217 yards last season, but they're willing to part with a late-round pick. The Saints are interested in trading Ivory, according to a source.
Ivory was the Saints' leading rusher in 2010 with 716 yards, but he has been plagued by injuries and slipped to fourth on the depth chart, behind Mark Ingram, Pierre Thomas and Darren Sproles. If the Saints retain Ivory, they could decide to cut ties with Thomas.
The Saints have only five draft choices -- they were docked a second-rounder in the bounty scandal -- and are looking to acquire more picks.
The Jets signed former Oakland Raider Mike Goodson to a three-year, $6.9 million contract last month, but they're still in the market for a power back to replace Shonn Greene, who signed a free-agent deal with the Tennessee Titans.
The Jets' current backfield includes Goodson, Bilal Powell and Joe McKnight. Based on the current personnel, this will be the first time since 1994 the Jets go into a season without a 1,000-yard rusher on their roster.
Ivory (6-foot, 222 pounds) has only 256 career carries, but he has been effective in a limited role. He has rushed for 1,307 yards and a 5.1-per carry average.