According to Gary Myers of the New York Daily News the Jets and the Redskins are gearing up for substancial bidding war for the services of sixth year wide receiver Santonio Holmes.

Bringing back Holmes, the top wide receiver playmaker on the market, as an unrestricted free agent is the Jets' No. 1 priority. Sources say the Redskins have also made Holmes their No. 1 priority.

Redskins owner Daniel Snyder's wallet often doesn't have a conscience - he actually gave Albert Haynesworth $41 million guaranteed two years ago - so Woody Johnson must be prepared for a battle of the checkbooks.

Holmes is certainly a talented WR, but he also comes with a rap-sheet that includes multiple marijuana charges and disorderly conduct, among others. He also missed the first four games of last years season because of a suspension from the NFL.  If Holmes was found to be in violation of the league's substance abuse policy one more time then he would be suspended for a full year.

Lets all hope if a bidding war gets out of hand that Bruce Allen can tell Snyder when to quit and walk away. Hey a guy can dream, right?

Update Dan Graziano:

"[While] I can see Holmes being a free agent who's not necessarily chasing Super Bowl dreams (he's already won one), there is the quarterback situation to consider. Holmes likes Mark Sanchez and did very well playing with him last year. Does he want to jump to John Beck's offense? And how much money will it to take to convince him to do so? The Redskins have a lot of holes. Overpaying for a stud receiver when your quarterback situation is a huge question mark might not be the best plan of action."