I think one of two scenarios is going to happen.

SCENARIO ONE
A deal will get done somewhere near the numbers and terms of the alleged current offer by the team.  I don't see the team going much higher as far as the amount of money, so the terms of the deal and guaranteed money is probably the negotiating point right now.  Supposedly he wants a longer term deal whereas the team offered a shorter term deal.  Most likely if this happens it will be near the August 6 deadline for him to report to acquire a season towards free agency.

SCENARIO TWO
A deal is not agreed upon by August 6th and he reports in order to acquire a season towards free agency.  In this case he either plays "lights out" in order to possibly land more money/a better deal, or he plays "cautiously" to avoid injury.  My best guess is that should this be the case he would play hard and earn a much more lucrative contract.  This is where he has the leverage over the team.  Yes, the team does have the option to tag him, but it will ultimately cost them to keep him.

Of course there is the possibility of a holdout, but I doubt it.  It's in his best interest to report by August 6th whether a deal gets done or not.  This is where the team has the leverage on him.  There is also the possibility of a trade, but that is highly unlikely (my opinion).

Finally, for the misguided people that say he doesn't deserve what he's being offered because he's not on someone's "top 10 list" I'll say this.  Watching him play and how well he's done he is basically a "young Calais Campbell".  Is he "the best" or one of the "top 5" or "top 10" players at his position?  That's all relative and subjective.  The bottom line is he is one of the current best at his position and is young in "football years".  He'll get paid one way or the other either by the Jaguars or another team.

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