As we know, Ellsbury and the Red Sox have agreed on a $9M deal for this season.
Based on the current market, a 3.5-4 WAR season would probably get Ellsbury into the 5 year, $100M range for contracts. Whether you guys fin that justifiable or not is completely up to you, but the market is changing. We've seen BJ Upton get 5 years, $75M without ever having a season close to as good as Ellsbury's 2011.
Here's where the "What If" kicks in. Remember that this is a hypothetical question. The scenario is fixed.
If Ellsbury repeats his 2011 season or is on pace to do so (.300 BA, 30+ HRs, 30+ SBs), would you like to see the Red Sox re-sign him as a LF? Or would you want them to re-sign him and trade JBJ?
Personally I would still want them to trade him by the deadline, or let him walk and take the pick, but I am interested to see what the rest of you think.