Ian Rapoport reported the Jets gave up a fifth-round pick for Marshall.
Marshall, 30, came to the Bears via trade in March 2012.
For his career, Marshall has 773 receptions for 9,771 yards and 65 TDs.
Here what you need to know:
1. Marshall Goes From Jay Cutler to Geno Smith
Marshall caught 279 passes and 31 touchdowns in three seasons from veteran Jay Cutler in Chicago.
The 9-year pro now goes to a team with a young quarterback in Geno Smith, who, while showing flashes, has largely struggled in his first 2 pro seasons.
Marshall was a first-team All-Pro in his first year in Chicago. He’s also a 5-time Pro Bowler.
The Jets haven’t had a 1,000-yard receiver since the 2007 season when Jerricho Cotchery had 1,130.
2. The Jets Are Expected to Release Percy Harvin
The Jets acquired wide receiver Percy Harvin in a trade with the Seattle Seahawks during the 2014 season, but he didn’t make much of an impact. That move was made by former General Manager John Idzik, who was fired after two seasons along with coach Rex Ryan. The new regime, headed by GM Mike Maccagnan and head coach Todd Bowles, is expected to move on from Harvin.
Harvin is set to make $10.5 million this season, an amount he certainly won’t see. The 26-year-old has already said he will not take a pay cut to stay in New York. So the writing appears to be on the wall.
Prior to the 2014 season, the Jets signed free agent wideout Eric Decker to a 5-year deal.
The team also signed Jeremy Kerley to a 4-year extension last October.
The Jets have had some problems addressing the receiver position during the draft. In the 2014 Draft, they drafted three receivers – Jalen Saunders (4th round), Shaq Evans (4th) and Quincy Enunwa (6th). Saunders is gone, Evans spent the season on IR and Enunwa made no impact.
3. Marshall Has Been Traded Twice in His Career
After 4 seasons in 2010, the Broncos traded him to the Miami Dolphins for a second round picks in both the 2010 and 2011 drafts.
Marshall played for 2 seasons in Miami before the Dolphins traded him to the Bears in 2012 for a third round pick in that year’s draft and for one in the 2013 draft.
4. The Bears Are Trying to ‘Clean up the Locker Room’
According to Rapoport, the attempt to trade Marshall was because the Bears wanted to “clean up the locker room.”
The Bears fired Marc Trestman and hired John Fox, who was let go by Denver, to take over as head coach.
It’s no secret Marshall is an outspoken player. Last season he went on a postgame rant which many believed to be a criticism of Cutler, though Marshall denied it was.
The Jets are no stranger to bringing lightning rod-type players into the locker room. Tim Tebow and Vick come to mind.
5. Marshall Signed a 3-Year Extension in May 2014
Marshall signed a 3-year extension worth $30 million in May 2014. Of that, nearly $23 million of it is guaranteed.
He has a base salary of $7.5 million and a cap hit of $7.7 million for 2015.
Marshall is set to become an unrestricted free agent after the 2017 season.
It isn’t known if the Jets will ask Marshall to restructure his deal. According to Over the Cap, they have roughly $50 million in cap space.