"He's gone," the source said. "This is happening. They're moving him. They can't keep him. They're rebuilding. They're starting fresh."
According to the report published early Wednesday, two or three teams are prepared to make offers for Revis after the NFL trading period begins at 4 p.m. ET on March 12. The San Francisco 49ers are one of them, as widely reported in recent days. But Mehta's story says the team the 49ers beat in last season's NFC Championship Game -- the Atlanta Falcons -- might emerge as a possible trade partner, too.
The Falcons got $15.9 million under the salary cap last week by cutting running back Michael Turner, defensive end John Abraham and cornerback Dunta Robinson. It was assumed at the time that the Falcons clipped Robinson in order to bring back cornerback Brent Grimes.
Revis might be another way to go. The price would be high, as the Jets will seek multiple high draft picks, but Falcons general manager Thomas Dimitroff hasn't shied away from making blockbuster deals, as he did to draft wide receiver Julio Jones in 2011.
Revis, 27, is entering the final year of his Jets contract. Coming off a serious injury to his anterior cruciate ligament that caused him to miss most of the season, Revis still is considered the NFL's best cornerback and would command a hefty salary (between $12 million and $16 million per season) in any long-term contract. That kind of money is an issue for any team trading for him, including the Falcons.
The Daily News cites multiple sources in saying Jets owner Woody Johnson was the one behind the team's decision to deal its best player and rebuild after a 6-10 season.
UPDATE: The 49ers haven't had any talks with the Jets regarding Revis, a 49ers source told NFL.com's Albert Breer on Wednesday. The Atlanta Journal Constitution also reported the Falcons aren't interested in Revis.
Follow Kevin Patra on Twitter @kpatra.