Well, you could let him walk for a comp. pick. And be one of the worst teams in football next year, as you continue to look for the QB of the future. I'm cool with that too.
The point of this exercise was to show the hand-wringers out there, that think signing Geno Smith to a big contract will somehow wreck there salary cap and they will have no flexibility going forward is erroneous.
I managed to sign Geno to a mega contract, fill out the roster, and still have 50M+ left over for Free Agency and the Draft.