Bart Scott's Jets Contract Reportedly Not Done Deal Yet

Former Baltimore Ravens linebacker Bart Scott has signed a five-year, $40 million contract with the New York Jets, according to ESPN's John Clayton. That update piggybacks on news from earlier on Friday, when both the National Football Post and NFL.com's Adam Schefter wrote that Scott had agreed in principle to a deal that would relocate him to New York.

UPDATE: A radio report out of Baltimore at approximately 3:15 ET explained that Bart Scott has not actually signed with the Jets yet, and in fact may wind up with the Ravens after all. The Ravens reportedly agreed to match New York's $40 million offer, and now the price appears to have climbed to $42 million.

Scott was expected to visit New York today, but things quickly escalated. He would rejoin ex-Baltimore defensive coordinator Rex Ryan -- now the Jets head coach -- for his first season in New York.

This could be a very solid addition for the Jets, who not only add an impressive 28-year-old linebacker, but also bring in somehow intricately familiar with Ryan's defensive schemes.

What's interesting to watch now is how Scott's decision impacts Ray Lewis. New York was one of the potential landing spots for the future Hall of Famer, but this would take the Jets out of the running for Lewis' services. Where does he turn from here? Maybe Dallas, if the Cowboys will have him, but if that fails, it could be back to Baltimore for the longtime Raven.

Tracking NFL Free Agents

Albert Haynesworth, Defensive tackle, Tennessee Titans
SIGNED WITH WASHINGTON - Seven years, $100 million
The Latest: Just hours after becoming an eligible free agent, Haynesworth agreed to a monster deal with Washington.

Mark Humphrey, AP

DeAngelo Hall, Cornerback, Washington Redskins
RE-SIGNED WITH WASHINGTON - Six years, $54 million
The Latest: For the second time in his young career, Hall received a massive deal, this time from big-spending Washington.

Nick Wass, AP

Bart Scott, Linebacker, Baltimore Ravens
SIGNED WITH JETS - Five years, $40 million
The Latest: Scott seemed like the odd man out in Baltimore, so he took the money and ran to New York, and a reunion with Rex Ryan.

G. Newman Lowrance, Getty Images

Nnamdi Asomugha, Cornerback, Oakland Raiders
RE-SIGNED WITH OAKLAND - Three years, $45.3 million
The Latest: One of the NFL's brightest young stars, Asomugha inked a gigantic contract to stay in Oakland.

Greg Trott, Getty Images

Julius Peppers, Defensive end
FRANCHISE TAG USED BY PANTHERS
The Latest: Despite his expressed wishes, Peppers was tagged by Carolina. He'll make nearly $17 million next season, but the Panthers will have to work out a trade for him to leave.

Streeter Lecka, Getty Images

Antonio Bryant, Wide receiver
FRANCHISE TAG USED BY BUCS
The Latest: Bryant will stay in Tampa, and receive nearly $10 million next year, a huge jump from the $600K he earned in 2008.

Joe Robbins, Getty Images

Dunta Robinson, Cornerback
FRANCHISE TAG USED BY TEXANS
The Latest: Houston will keep Robinson for next season, and continue to work on a long-term extension.

Greg Trott, Getty Images

LeRoy Hill, Linebacker
NON-EXCLUSIVE FRANCHISE TAG USED BY SEAHAWKS
The Latest: Seattle franchised Hill and, though he's free to talk with other teams, it's unlikely anyone will cough up multiple first-day draft picks for a trade.

Ted S. Warren, AP

Terrell Suggs, Linebacker
FRANCHISE TAG USED BY RAVENS
The Latest: The Ravens opted to lock down Suggs for next season, at the risk of losing both Ray Lewis and Bart Scott. Suggs will earn $10.2 million in 2009.

Streeter Lecka, Getty Images

Darren Sproles, Running back
FRANCHISE TAG USED BY CHARGERS
The Latest: Sproles will earn $6.6 million next season after San Diego franchised him. Now the question is, will he be the starter or LdT's backup?

Donald Miralle, Getty Images