Rip the bandaid off on the paid players who were not producing at the requisite levels. Lose games in an entertaining fashion. Time it all for the offseason where you have a first round pick and there are some excellent QBs likely to come out.
If the offense plays lights out then you are in the mix for the playoffs, probably wildcard at best but still that would not be bad for a reload year. If not no sweat go get a cornerstone player in the draft and have a great FA window to put your roster back on the contender list.