I think it is very dependent on what he wants. I’m sure Holmes has already called his agent and inquired about an asking price (as I’m sure the vast majority of teams would).
If he’s okay signing a one-year deal worth $14-18MM to go to a contender - maybe a two-year deal that is heavily incentive laced in the second year - and he views Detroit as a contender, I think he makes a lot of sense. We have the cap space, something of a need (though I don’t think it’s dire), and we should have a good football team this fall.
If his agent says he wants a three or four year deal though at $15MM per, no thanks. I’m not going to get into a bidding war for an aging WR with diva tendencies. Holmes’ history says he probably feels the same. Let someone else overpay and/or overcommit.