Most significant signing: New Jets general manager Mike Maccagnan doled out more than $160 million to sign five new players, not counting the Brandon Marshall and Ryan Fitzpatrick trades, but the No. 1 prize is Darrelle Revis. It cost a fortune -- the Jets spent about 40 percent of their available cap space to bring back Revis -- but he becomes the centerpiece in a rebuilt secondary. The Jets, who allowed an AFC-high 31 touchdown passes last season, have a true No. 1 corner with elite press-man skills. This will allow new head coach Todd Bowles to play his blitz-heavy defense without having to worry about getting torched on the back end. It was a rare win against the New England Patriots, and it weakens the Super Bowl champs.
Most significant loss: The most significant casualty of the offseason has been talented wide receiver Percy Harvin, who was released in the wake of the Marshall acquisition. The Jets recognized his value as a situational receiver and kickoff returner, but they didn't see him as a premier, every-down receiver -- and he was due to get paid like one ($10.5 million). Even though he's four years older than Harvin, Marshall upgrades the position and the swap saves New York close to $3 million on this year's cap. The team hasn't lost any key free agents. The Jets have done a good job of keeping their own, starting with linebacker David Harris, whom they extended with a three-year contract.
Biggest surprise: The Jets' interest in Fitzpatrick wasn't a secret, but instead of waiting for him to be released by the Texans, they gave up a conditional seventh-round pick (2016) -- and that surprised some people around the league. This spells potential trouble for Geno Smith, who has exhausted his supply of mulligans. This will be a legitimate quarterback competition, not a repeat of last summer's Smith-Michael Vick charade. Fitzpatrick's background in new offensive coordinator Chan Gailey's offense (three years together with the Bills) gives him an early edge over Smith, who has to play catch-up. Fitzpatrick isn't the long-term answer, but he could be a bridge quarterback until Smith elevates his game or something better comes along. Did someone say Marcus Mariota?
What's next: The heavy lifting in free agency is over, but the Jets still hope to re-sign defensive end Muhammad Wilkerson to a contract extension. New York would be nuts to let him play out the final year of his contract. In terms of positional needs, the Jets are still looking to bolster their depth at running back, offensive tackle and defensive line. There's an overall lack of team speed on offense, but that will be an emphasis in the draft. They also need a young edge rusher, but that, too, could be addressed in the draft.