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The Cowboys said this week that they won’t trade cornerback Mike Jenkins, but the Colts seem to be hoping that was just a bluff.

Adam Schefter of ESPN reports that the Colts have made multiple trade offers for Jenkins, including one that remains on the table. According to Schefter’s source, the Colts believe their offer is one that “many teams would think is compelling.”

That doesn’t mean much if the Cowboys don’t find it compelling, of course, and, as of now, they haven’t been shaken from their plan to hold onto Jenkins. Cowboys coach Jason Garrett said Wednesday that Jenkins’ absence from offseason work isn’t going to force the Cowboys to make a deal involving a player who has been forced out of the starting lineup by the additions of Brandon Carr and Morris Claiborne. According to Schefter’s report, though, there’s a feeling a deal could be worked out for the right price.

Jenkins has been up and down in his first three NFL seasons, but he’d be an upgrade from the Jerraud Powers-Kevin Thomas combo that currently looks like the starting cornerback tandem in Indy. At $1.052 million for the 2012 season, the price is right as well although that’s also part of the reason why the Cowboys are content to hold onto him. Jenkins could play himself into an extension with the Colts if all goes well in the final year of his rookie contract, something that’s a lot less likely to happen in Dallas.