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Jets General Manager Mike Maccagnan didn’t make the decision to trade for wide receiver Percy Harvin last season, but he’s the guy who will be deciding whether or not the team holds onto Harvin for the 2015 season.

The Jets have until March 19 to decide whether they want to hold onto Harvin, a decision that will cost them $10.5 million in salary and send a fourth-round pick to the Seahawks. If they decide to release Harvin, they’ll be out a sixth-round selection. Maccagnan pointed to a third direction as well when discussing Harvin’s status on Wednesday.

“That’s a process we’re working through. We’re going to talk to his agent. We do think Percy is a very good player, but that’s a process we’re working through right now,” Maccagnan said, via the New York Post. “You have to look at different options you can do whether you carry him at his current contract, whether you try to restructure him for a more cap-friendly number.”

The Jets have the cap space to be active in free agency this offseason and the team’s suggested that they’ll take advantage of it this time after a more conservative approach in 2014. If they don’t bring back Harvin, who had 29 catches for 350 yards and a touchdown in eight games with the Jets, they’ll need to spend some of it on receiving help to go with Eric Decker.