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Its tough because Jenkins has 3 years of cheap control yet.This screams 6th round pick to me. At best.
With that being said any trade value he had is diminished with this nonsense. It would be one thing if he were in camp competing and the Bears shopped him behind the scenes...but that isn't the case.
I'd hold out for a 5th and if you don't get that- just cut him latest possible date before you pick your final 53 to **** him right back.