From time to time, the team will announce that it plans to release a player. Then, before actually releasing the player, the team will find a trading partner.
This may be what the Jets are trying to do with the return of Le’Veon Bell.
It will be officially launched by Wednesday at 16:00 ET. Prior to that, a team hoping to provide Bell’s dibs may try to make a deal whereby the Jets get something / whatever the Jets pay the difference between the amount the new team is willing to pay Bell and the rest of the his compensation for 2020
It is much better for Bell to be cut at this point. As a rule, he can claim the remainder of his salary for 2020 ($ 6 million) from the Jets as a termination payment and then he can take everything he has won from another team by double immersion.
Before that can happen, the jets must cut Bell. Before that happens, there will be no suitors from the last ditch, hoping to make Bell instead of having to compete with others in the open market once Bell otherwise becomes a free agent.