I'm leaning against this, and a main reason is because of the comments he was making midway through the season. Saying his body was breaking down and there was another week where he said something that made me really question whether he's got anything left in him at all.
I could see him having a better season in the Hawks Cover 3 than last year, but I'm afraid it would be a Cary Williams 2.0 signing. Revis isn't likely to get paid anywhere near vet minimum and he's a shell of his former self. IIRC he was the highest targeted DB in that Jets secondary, which was in complete shambles last year, so who really knows what he could do with proper coaching/scheming and good talent surrounding him.
With all that said, dude just got arrested and he'll likely be suspended for at least a chunk of the 2017 season. Pass.