Largely agree here.
I don't think the risk of him not signing the tag will be there, because ultimately, I think any team that's going to do that trade is already negotiating with his agent on a long term deal. Meaning it's just a question of when the Jets would lock up Judon long term, as opposed to if.
In my opinion, the risks associated with this sort of concept are too high in my opinion. For starters, if you're going to do it, there's two things that you have to be certain of:
1. That you already have a trade candidate in place before you apply the tag, and that you're extremely confident the trade will go through. OR...
2. You're content with him playing on the tag.
Because the reality is... the moment you slap the tag on him, that's $16-17M in cap space that can't be spent until the trade is completed. The trade could take days, or it could take weeks or months. The Chiefs traded Ford to the 49ers within two weeks, which was a pretty quick turnaround. Seattle had to carry Frank Clark on the tag for nearly two months before they dealt him to the Chiefs.
In my opinion, you can't tag Judon unless you're willing to pay him the tag to play here this year. If you are content with that, and want to explore trades, so be it. But this idea that you can tag him and then rescind the tag if you don't find a trade partner is a disaster decision in my opinion. Why? Because you're probably not pulling the tag until May. And in May, who's left to sign, unless you're just using the money to extend your own players.
There's a TON of risk here, because the tag is costly. It'll easily eat up 40% or more of the teams available cap space. Ultimately, if this gets done, it gets done early. Within the first week or so of FA.