Passing on #1 draft pick . . .
ttp://sports.espn.go.com/nfldraft/columnist?id=1545117
ttp://content.usatoday.com/communities/thehuddle/post/2011/04/why-did-ravens-pass-on-26th-pick-allow-chiefs-to-leap-them/1
I swear, I'd pass on the 1.1 if I was your FO. Let the time expire, and per NFL rules they could still leap back in before JAX could make their pick. But, they could still make a trade in that small window IF they had all the parties on the phone at the same time.
If your FO doesn't get a deal done before JAX picks, they can keep right on passing and trying to make deals with any other team before Oakland makes their pick, or Philly, etc.
Doing this would induce some panic for other teams to possibly trade up, and KC could still jump right back in at any point to exercise their right over the next team on the board. That's how I read the rules.
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