I assume their intention is to extend him. They have the payroll to frontload this and have him be the face of their Defense for the next several years. Their top 3 cap hits are haden, thomas, and tramon williams at the end of deals. I assume they cut RG3, McCown or both, and draft someone #1 overall. They drafted several WRs so they should have some depth there. I believe they will try to extend Pryor as well. Crowell and Duke aren't a bad pair of backs.
They have 5 of the first 65 picks in the draft, including the likely #1 overall pick. 3 other comp picks in rounds 4/5. And a ton of young people under cheap contracts. Next year is fill out the roster with more talent. The year after that, they probably make some FA splashes to try and make the jump.