Potentially, but if they aren't tanking, who are they taking and when? If they wanna trade up for a guy (and have a willing partner), they may need that extra second round pick to do so. And Sammy may not have signed here despite our offers. Maybe not picking up the option was the wrong call, but it's moot now.
What if Tyrod has a stellar year? What if he develops chemistry with Zay and Matthews (the latter could be brought back for much less)? So many potential scenarios and they are choosing the leverage of an extra high pick next year.