As reported earlier today by fellow columnist Matt Vereb, the Jets traded for Pittsburgh wide receiver Santonio Holmes in a late night trade. He was aquired for a fifth round draft pick in this month’s NFL Draft. How will this affect the Jets in the 2010 season and in the looming NFL Draft?

Instant Analysis: As previously stated, Holmes was traded from the Steelers for a fifth round draft pick. Obviously, there must have been something wrong with his relationship with the Steelers for him to be unloaded this cheaply, as he was taken 25th overall in 2006. The issues with Holmes are mainly off the field instead of on. Today, he was suspended for the first four games of the 2010 season for his second infraction under the NFL’s substance abuse program. Also, he had a well-documented glass-throwing problem at a nightclub last month. Clearly, the Steelers’ ownership had such a problem that they had planned on releasing him until the Jets offered their fifth rounder.

The Jets don’t take on much liability by taking Holmes, however. He is in the final year of his contract. Since he is only eligible to play 12 games this year, the 12 games can be viewed as a “trial run”. If he performs similarly to how he did last year, posting a career year (79 catches, 1248 yards, 5 TDs), and is on good behavior, he will most certainly be signed to a long-term deal. If he doesn’t, the Jets can simply let him walk (and be signed by the Raiders or Bengals).

Draftwise, this all but eliminates wide receiver as a position to be looked at in the first round. This will likely move Jericho Cotchery to #3 and Brad Smith to #4. Now, in the first round, they will probably look to add depth to the defensive line.

Jets’ fans, how do you feel about the signing? Is this a good move, or is Rex Ryan trying to handle more than he can chew? We all know he can chew a lot, but is the number of trouble-makers just too much?

Photo Credits: Sports Illustraded, nj.com