Saints at the top of Davante Adams’ wish list [Raiders trade Adams to Jets for conditional 3rd ; Jets paying Adams’ entire remaining salary]

Roughly yes.

Keep in mind we would qualify for a 3rd compensation pick if he were to leave and get a certain contact amount.

You'd be trading a 2nd for a 3rd plus a one year rental. You could always get him to resign on a new contract as well.
Totally wrong, Adams has 2 yrs left on his deal 25 and 26. If the team that trades for him cuts him after this yr they get NO COMPENSATION. He's not a FA . the only compensation any team would get is if he's a FA and signs with another team