Colvin just finished serving his four-game suspension for violating the NFL’s performance-enhancing drugs policy.
Colvin, 25, is a former fourth-round pick of the Jaguars back in 2014. He’s currently in the third year of his four-year, $2,673,152 rookie contract and stands to make a base salary of $600,000 for the 2016 season.
In 2015, Colvin appeared in all 16 games for the Jaguars and recorded 73 tackles, four sacks, no interceptions, a forced fumble and six pass defenses. Pro Football Focus has him rated as the No. 44 cornerback out of 111 qualifying players.
Gratz, 26, is a former third-round pick of the Jaguars back in 2013. He’s currently in the final year of his four-year, $3.1 million rookie contract and set to make a base salary of $790,076 for the 2016 season.
In 2016, Gratz has appeared in three games and recorded five tackles and no interceptions for the Jaguars.