ask Ike to take a cut that is comparable to his current ability (which would be drastic). If he declines, BYE, BYE Ike. Would be nice to keep Ike around for depth...and help transition the "Rook" into the starting role.
Looking at the secondary from a broader scope... Signing Will Allen to a 1-2 year deal is a must. I think Troy also needs to take a pay cut comparable to his current level (which is not top 5 IMO). Ryan Clark is gone. A great Steeler in his time but is the odd man out I think when it comes to the vets in this secondary.
It had been mentioned that Ike could also play some free safety. Would add some value to him (providing much needed depth in the secondary) if he could be used as a "Swing guy" sort of like K. Beachum is on the OL.
With all of this being said, we'd better hope that Cortez Allen and Willie Gay stay healthy in the process.