Carolina Panthers News & Rumors

33 Unsigned 2025 Draft Picks Remain

The NFL has hit a logjam and is collectively lagging far behind where it normally is at this point in the offseason. Two years ago, the league hit its last 30 unsigned players before July. Last year, teams were signing rookies as quickly as they were drafting them, and only 10 players remained unsigned by June 17. A couple intriguing situations have caused pens to go quiet in 2025, and as a result, here are the 33 remaining unsigned rookies of the 2025 NFL Draft:

Round 1:

Round 2:

Round 4:

  • No. 107 (Jaguars): Jack Kiser (LB, Notre Dame)

In recent years, a trend has seen second-rounders lasting the longest, but what we’re seeing this year is unheard of. As rookies have been getting a bit of flexibility in negotiating structures of guarantees, getting deals done has become a waiting game of seeing what surrounding picks are getting for comparison. Last year, teams breezed through the issue, but 2025 has seen significantly increased troubles.

Texans wide receiver Jayden Higgins set the tone by signing a fully guaranteed rookie contract, the first ever for a second-round selection. The next day, the Browns were essentially forced to do the same for Carson Schwesinger, picked one slot before Higgins. Shough, the Saints rookie quarterback, is seeking the same deal, hoping that his elevated status as a passer will help convince New Orleans to continue making history. Shough’s efforts have caused every pick between him and Higgins to stand pat, waiting to see if they get to ask for full guarantees from their teams, as well. This would be a drastic development, as last year’s 40th overall pick, Cooper DeJean, received only two fully guaranteed years with only partial guarantees in Year 3.

The biggest story outside of the second round is that of the standoff between Stewart and the Bengals. Stewart has issues with what he perceives as a lack of protection in Cincinnati’s offer that causes a contract default in any year to void any guarantees in all the following years. It’s a new precedent the team is trying to set, and Stewart seems intent on preventing them from doing so.

It will be interesting to see which standoff gets settled first: Stewart’s or Shough’s. The latter standoff ending would likely set off a domino reaction of second-round deals that would help a large number of teams close out their rookie classes. To this point, only four NFL teams have done so.

Offseason In Review: Carolina Panthers

Within a 10-month span, the Panthers had seen their owner throw a drink at a fan — amid a string of headlines involving the Carolina boss — and the team’s handpicked quarterback benched by Week 3. This came after the Panthers’ 2024 coaching search, due in part to David Tepper‘s past meddling, saw some big names bow out. As bleak as the franchise’s outlook appeared after Bryce Young‘s September struggles, signs of life emerged as the season wound down.

Carolina’s defense still ranked last, as the season ended with an NFL-worst minus-193 point differential, but the team saw Young make strides weeks after reentering the lineup. The Young-Dave Canales partnership began to pay some dividends, moving the team’s nearly scrapped plan back into focus. Coming out of the season, no Tepper- or Young-driven headlines have dragged down the NFC South club. The Panthers made significant updates to their defense, while Young will enter the season with another first-round wide receiver to target.

Extensions and restructures:

In a remarkable turnaround, Horn managed to score a $25MM-per-year deal that briefly topped the cornerback market. The Panthers had seen the former No. 8 overall pick fall well behind the No. 9 pick in that draft (Patrick Surtain), with injuries frequently impeding the South Carolina alum. Horn exited 2024 having played in just 37 of a possible 68 games as a pro. Up until days before last season, the cornerback market had remained frozen for more than two years. Jaire Alexander‘s $21MM-AAV Packers deal topped the market, but Surtain and Jalen Ramsey changed that. Horn submitting his healthiest NFL season placed him in position to receive a monster raise as well.

Pro Football Focus ranked Horn 60th among CB regulars last season, and Pro-Football-Reference charged him with six touchdowns allowed to go with the highest passer rating (as the closest defender) yielded of his career. Even as Ejiro Evero‘s defense sunk to 32nd in points and yards allowed, Horn made his first Pro Bowl. Perhaps more importantly, he missed only two games. Rather than have Horn play on a fifth-year option, the Panthers extended him at a top-market rate.

NFL contract value is not always a merit-based; timing matters significantly as markets are established. Horn had seen a broken foot sideline him for 14 games as a rookie and then a hamstring injury shelve him for 10 games during a 2023 in which the second-generation NFLer missed 11. Horn has delivered flashes, and the Panthers had a big-ticket salary slot open after trading Brian Burns in 2024.

Ahead of his age-26 season, Horn managed to eclipse Surtain in terms of AAV ($24MM) and fully guaranteed money ($40.7MM) despite the Denver ace’s Defensive Player of the Year season. After the cap spiked by another $24MM, however, Horn and then Derek Stingley Jr. pounced.

The Panthers are making an expensive bet on Horn shaking his early-career injury trouble. This represents a course change for the team, which let both Josh Norman and James Bradberry walk in free agency (under Dave Gettleman and Matt Rhule, respectively) rather than authorize an extension. Guarantees here only go through 2026, however, providing some protection for the team in case Horn cannot shake the injury trouble that largely defined his rookie-deal tenure. Horn receiving Pro Bowl recognition given the Panthers’ anemic 2024 pass rush also undoubtedly raised the team’s confidence in the Rhule-era draftee.

Thielen’s underdog story is poised to continue into a 13th NFL season, as the former Vikings rookie-camp tryout body heads into a third Panthers campaign. Despite the team making three first- or second-round receiver investments over the past three drafts, Thielen has persisted. He entered the offseason with no guarantees remaining on his contract. The Panthers gave him a slight bump, though not one that would prevent a release in the event the aging pass catcher (35 in August) showed a notable decline in camp.

Outlasting the likes of Jonathan Mingo and Diontae Johnson in Charlotte, Thielen produced after the Panthers opted against trading him at the 2024 deadline. Thielen accumulated at least 99 receiving yards in three of the seven games after he came back from a hamstring injury, providing a reliable option as Young made late-season strides.

The Panthers asked about D.K. Metcalf, a former Canales Seahawks pupil, but did not make an offer. They then chose Tetairoa McMillan eighth overall. Thielen could find himself in trade rumors again this year, which may well be his NFL finale, but the three-time 1,000-yard target also is positioned to continue serving as a Young security blanket and mentor to a cast now comprised of three first- or second-year receivers.

Free agency additions:

Losing Derrick Brown in Week 1 came after the Panthers devoted curiously modest resources to replacing Brian Burns. The result: a defense that allowed by far the most points in franchise history. Carolina yielded 534 points; the 30-year-old franchise’s previous-worst was 470 (in 2019). Even if the 17th game is factored in, Evero’s second Panthers defense allowed a team-worst 31.4 points per game. Horn managed an extension coming out of this mess, and Evero has a chance to rebound. Carolina devoted plenty of resources to fixing this broken unit this offseason.

The team chased the biggest fish in the D-line waters in free agency, coming close to having a deal done with Milton Williams. The ascending Eagles supporting-caster, PFR’s No. 3 free agent, was deep in talks with the Panthers. ESPN’s Adam Schefter indicated the sides were working to finalize a deal hours into the legal tampering period. The talks took a turn when the Patriots swooped in, submitting an offer the Panthers did not match. Both New England (Christian Barmore) and Carolina (Brown) already rostered D-tackles at $20MM-plus per year, and the Panthers stood down.

The Pats have Milton on a four-year, $104MM deal that came with $51MM fully guaranteed. Williams sits behind only Chris Jones and Christian Wilkins for DT AAV and full guarantees, and the cap-rich Pats’ actions led the Panthers elsewhere in this market. Wharton used a big contract year alongside Jones to land a monster payday given his UDFA NFL entrance. Dan Morgan‘s right-hand man, Brandt Tilis, was on the Chiefs’ staff when they plucked Wharton out of Division II Missouri S&T in 2020.

PFR’s No. 46 free agent, Wharton saw his market form after both Williams and Osa Odighizuwa were signed early (the latter re-signed with the Cowboys before free agency). The Chiefs wanted to retain him but saw that become unrealistic, due to Jones’ DT-record deal, early in free agency. The Panthers added another interior rusher, albeit one without much pre-2024 production.

Never clearing two sacks or five QB hits in a season before 2024, Wharton broke through in a contract year by registering 6.5 sacks and 11 hits alongside Jones. He added two more sacks in the playoffs. In Wharton’s defense, he had never started more than one game in a season until last year. The increased usage attracted FA interest. It will be interesting to see if the attention Brown will command from O-lines can help Wharton in a similar way.

PFF did not rank Wharton as a strong run defender last season, but the Panthers landed on Bobby Brown to help in that department. Squeezing into our top 50, Brown overlapped with Evero as a rookie in 2021. The former Rams fourth-round pick became a starter after the 2023 losses of Greg Gaines and A’Shawn Robinson, and PFF graded him as a top-30 run stopper (among interior D-linemen) in each of the past two seasons.

Brown remaining productive in this area post-Aaron Donald helped his free agency cause, and only going into his age-25 season helped his cause as well. Though, the Panthers are holding onto some guaranteed money until they observe his 2025 work. Whereas Wharton received two years fully guaranteed, half of Brown’s $5.55MM base salary will lock in on Day 3 of the 2026 league year.

This year’s safety market saw an upswing for the position; no player did better than Moehrig. As the cap ballooned by another $24MM, Moehrig fared better than the top free agent safeties in 2023 (Jessie Bates) and ’24 (Xavier McKinney). Moehrig is now the NFL’s sixth-highest-paid safety. Like Wharton, he used a big contract year to secure a nice FA payday. Unlike Wharton, Moehrig was a four-year starter on his rookie deal. The Raiders’ struggles after their 2021 playoff berth dimmed Moehrig’s profile, but teams were waiting in free agency.

Marcus Epps going down in Week 3 allowed for more Moehrig plays near the line of scrimmage (439 box snaps in 2024 compared to 326 in ’23), and he responded with a career-best 104 tackles to go with five TFLs and a sack. Moehrig also snared two interceptions, giving him five over the past two seasons. The Panthers still hosted Julian Blackmon on a visit after this signing, and an Evero-Justin Simmons reunion — the DC already has several former Rams and a Bronco (Josey Jewell) on this defense — came up recently despite the team choosing a safety (Ohio State’s Lathan Ransom) in Round 4.

Although the draft became the gateway to the Panthers attempting to solve their post-Burns EDGE issue, the team took a flier on Jones. Formerly a D.J. Wonnum teammate in Minnesota, Jones made an impact as a rotational rusher for a top-five defense last season. While backing up Pro Bowlers Andrew Van Ginkel and Jonathan Greenard, Jones tallied seven sacks and 12 QB hits. The Vikings, who also drafted Dallas Turner in the 2024 first round, were not in a position to re-sign Jones. The Panthers will provide more playing time for a player with just five career starts.

Dowdle entered free agency with an interesting resume. With the Cowboys for five years, he logged only seven carries from 2020-22. Waiting behind the Ezekiel ElliottTony Pollard pair, Dowdle served as a special-teamer. But the Cowboys used him as a Pollard backup in 2023 and then needed him to start a year later. Dallas letting Pollard walk and not drafting a running back opened a door for Dowdle, who quickly overtook a shopworn Elliott, who had returned on a low-cost deal.

Dowdle glided for 1,079 yards (4.6 per carry) last season. While the former UDFA’s 61 rush yards over expected (per Next Gen Stats) was a mid-pack number, the South Carolina native carries low tread on his tires — at 331 career carries — entering an age-27 season. He will be positioned as a Chuba Hubbard backup likely to see notable work with Jonathon Brooks out for the season.

Renfrow, 29, is back after spending the 2024 season out of football. A post-June 1 Raiders cut last year, Renfrow quickly fell out of favor with the team during Josh McDaniels‘ HC tenure. Bizarrely going from 1,000-yard receiver to $16MM-per-year extension recipient — a deal McDaniels and GM Dave Ziegler authorized — to a cog that did not fit into McDaniels’ scheme, Renfrow totaled only 585 yards from 2022-23. An ulcerative colitis diagnosis helped keep Renfrow out of football last year, but the Clemson alum — a player who led the 2021 Raiders playoff team in receiving — has recovered from the autoimmune disease and will attempt a comeback.

Re-signings:

Dalton’s Charlotte trajectory took a turn last season. Brought in to mentor a to-be-determined first-round QB in 2023, Dalton did so until Week 3 of last season. The Panthers benched Young, and trade rumors swirled after the former No. 1 overall pick’s shocking freefall. It did not appear Canales and Co. had immediate plans to give Young more time, as the undersized passer had looked terrible in Weeks 1 and 2. A Dalton car accident, however, changed the team’s QB course.

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The NFL’s Longest-Tenured GMs

The NFL’s 2025 HC carousel brought five new sideline leaders; this year’s GM market eventually featured four new hires. Two teams made quick-trigger decisions involving front office bosses this offseason.

Not long after the Raiders fired Antonio Pierce, they booted Tom Telesco — brought in to give the inexperienced HC a seasoned GM — after just one season. New minority owner Tom Brady, who certainly appears to have downplayed his Raiders role in a recent interview, wanted a fresh start. That meant firing Telesco despite the GM’s Brock Bowers draft choice last year. John Spytek, an ex-Brady Michigan teammate who was with the Buccaneers when the team signed the QB icon, replaced him. Formerly the Chargers’ front office boss, Telesco had entered every season in a GM chair since 2013.

Ran Carthon received two years in charge in Tennessee, but owner Amy Adams Strunk — a year after the surprise Mike Vrabel firing — moved on and arranged an interesting power structure this offseason. The Titans installed Chad Brinker, who had been one of Carthon’s two assistant GMs, as president of football operations. The ex-Carthon lieutenant holds final say over new hire Mike Borgonzi, who did run the Titans’ draft this year. Borgonzi, who interviewed for the Jets’ GM job as well, comes over after a lengthy Chiefs tenure.

The in-season Joe Douglas firing brought a Jets GM change for the first time in six years. As Woody Johnson overreach became a regular talking point in New York, the Jets started over with Darren Mougey. Johnson changed up his workflow upon hiring Mougey, however. Rather than the GM directly reporting to the owner (as Douglas had), both Mougey and Aaron Glenn will do so. Mougey, though, does control the roster.

Telesco’s January firing left Trent Baalke as the NFL’s lone second-chance GM. The Jaguars had kept Baalke despite firing Doug Pederson, but as the team’s coaching search brought significant concerns from candidates about the presence of the resilient GM, Shad Khan eventually made a change. This move came after top HC candidate Liam Coen initially turned down a second interview, doing so after Ben Johnson concerns about the situation circulated. Gladstone is now in place as the NFL’s youngest GM, at 34, coming over from the Rams.

This offseason also brought three GM extensions — for Jason Licht, Kwesi Adofo-Mensah and Omar Khan. Licht is heading into his 12th season at the helm. Adofo-Mensah joined Vikings HC Kevin O’Connell in being extended this offseason. Also a 2022 GM hire/promotion, Khan signed a Steelers extension this week.

Although Jerry Jones and Mike Brown have been in place longer, the Cowboys and Bengals’ owners hold de facto GM titles. Mickey Loomis is not only the longest-tenured pure GM in the NFL; the Saints boss trails only Hall of Famer Tex Schramm as the longest-tenured pure GM in NFL history. Hired four years before Sean Payton in New Orleans, Loomis heads into his 24th season at the controls. Loomis hired his third HC as a GM (Kellen Moore) in February.

Here is how long every GM has been in place across the NFL:

  1. Jerry Jones (Dallas Cowboys): April 18, 1989[1]
  2. Mike Brown (Cincinnati Bengals): August 5, 1991[2]
  3. Mickey Loomis (New Orleans Saints): May 14, 2002
  4. John Schneider (Seattle Seahawks): January 19, 2010; signed extension in 2021
  5. Howie Roseman (Philadelphia Eagles): January 29, 2010[3]; signed extension in 2022
  6. Les Snead (Los Angeles Rams): February 10, 2012; signed extension in 2022
  7. Jason Licht (Tampa Bay Buccaneers): January 21, 2014; signed extension in 2025
  8. Chris Grier (Miami Dolphins): January 4, 2016[4]
  9. John Lynch (San Francisco 49ers): January 29, 2017; signed extension in 2023
  10. Chris Ballard (Indianapolis Colts): January 30, 2017; signed extension in 2021
  11. Brandon Beane (Buffalo Bills): May 9, 2017; signed extension in 2023
  12. Brett Veach (Kansas City Chiefs): July 11, 2017; signed extension in 2024
  13. Brian Gutekunst (Green Bay Packers): January 7, 2018; agreed to extension in 2022
  14. Eric DeCosta (Baltimore Ravens): January 7, 2019
  15. Andrew Berry (Cleveland Browns): January 27, 2020; signed extension in 2024
  16. Nick Caserio (Houston Texans): January 5, 2021
  17. George Paton (Denver Broncos): January 13, 2021
  18. Brad Holmes (Detroit Lions): January 14, 2021; agreed to extension in 2024
  19. Terry Fontenot (Atlanta Falcons): January 19, 2021
  20. Joe Schoen (New York Giants): January 21, 2022
  21. Ryan Poles (Chicago Bears): January 25, 2022
  22. Kwesi Adofo-Mensah (Minnesota Vikings): January 26, 2022; signed extension in 2025
  23. Omar Khan (Pittsburgh Steelers): May 24, 2022; signed extension in 2025
  24. Monti Ossenfort (Arizona Cardinals): January 16, 2023
  25. Adam Peters (Washington Commanders): January 12, 2024
  26. Dan Morgan (Carolina Panthers): January 22, 2024
  27. Joe Hortiz (Los Angeles Chargers): January 29, 2024
  28. Eliot Wolf (New England Patriots): May 11, 2024
  29. Mike Borgonzi (Tennessee Titans): January 17, 2025
  30. John Spytek (Las Vegas Raiders): January 22, 2025
  31. Darren Mougey (New York Jets): January 24, 2025
  32. James Gladstone (Jacksonville Jaguars): February 21, 2025

Footnotes:

  1. Jones has been the Cowboys’ de facto general manager since former GM Tex Schramm resigned in April 1989.
  2. Brown has been the Bengals’ de facto GM since taking over as the team’s owner in August 1991.
  3. The Eagles bumped Roseman from the top decision-making post in 2015, giving Chip Kelly personnel power. Roseman was reinstated upon Kelly’s December 2015 firing.
  4. Although Grier was hired in 2016, he became the Dolphins’ top football exec on Dec. 31, 2018

2025 Offseason In Review Series

Here are PFR’s breakdowns of each NFL team’s 2025 offseason. The list will be updated between now and Week 1.

AFC East

  • Buffalo Bills
  • Miami Dolphins
  • New England Patriots
  • New York Jets

AFC North

  • Baltimore Ravens
  • Cincinnati Bengals
  • Cleveland Browns
  • Pittsburgh Steelers

AFC South

AFC West

NFC East

NFC North

  • Chicago Bears
  • Detroit Lions
  • Green Bay Packers
  • Minnesota Vikings

NFC South

NFC West

  • Arizona Cardinals
  • Los Angeles Rams
  • San Francisco 49ers
  • Seattle Seahawks

The NFL’s Longest-Tenured Head Coaches

By the end of the 2024 regular season, the Bears, Jets and Saints had already moved on from their head coaches. Those teams were joined by Cowboys, Jaguars, Raiders and Patriots in making a change on the sidelines.

After their midseason terminations, Matt Eberflus, Robert Saleh and Dennis Allen each landed defensive coordinator gigs during the 2025 hiring cycle. The staffers who remained in place through the end of the campaign have yet to line up their next NFL opportunity, however. Mike McCarthy withdrew from the Saints’ search, setting the 61-year-old for at least one year out of coaching (just like the pause between his Packers and Cowboys stints).

Meanwhile, Doug Pederson was unable to parlay interest in an offensive coordinator position into a hire this spring. The former Super Bowl winner is thus set to be out of coaching for 2025. The same will also be true of Antonio Pierce and Jerod Mayo after their one-and-done stints as full-time head coaches did not go as planned.

While recent months have brought about the latest round of changes, many of the longest-tenured head coaches around the league remain in place. McCarthy was the only staffer within the top 10 on last year’s list in that regard who has been replaced. In all, nine head coaches hired at the beginning of this decade (or earlier) will carry on with their respective teams in 2025.

Six of those reside in the AFC, with Mike Tomlin – who became the league’s longest-tenured head coach last year in the wake of Bill Belichick’s Patriots departure – once again leading the way, albeit with questions about his future beyond this season present. The NFC will include Sean McVay, Kyle Shanahan and Matt LaFleur handling their familiar roles in 2025, although the latter (who has two years left on his deal) will not receive an early extension.

Here is a look at how the league’s head coaches shape up entering the 2025 campaign:

  1. Mike Tomlin (Pittsburgh Steelers): January 27, 2007; extended through 2027
  2. John Harbaugh (Baltimore Ravens): January 19, 2008; extended through 2028
  3. Andy Reid (Kansas City Chiefs): January 4, 2013; extended through 2029
  4. Sean McDermott (Buffalo Bills): January 11, 2017; extended through 2027
  5. Sean McVay (Los Angeles Rams): January 12, 2017; extended through 2027
  6. Kyle Shanahan (San Francisco 49ers): February 6, 2017; extended through 2027
  7. Matt LaFleur (Green Bay Packers): January 8, 2019: extended through 2026
  8. Zac Taylor (Cincinnati Bengals): February 4, 2019; extended through 2026
  9. Kevin Stefanski (Cleveland Browns): January 13, 2020; signed extension in June 2024
  10. Dan Campbell (Detroit Lions): January 20, 2021; extended through 2027
  11. Nick Sirianni (Philadelphia Eagles): January 21, 2021; signed offseason extension
  12. Brian Daboll (New York Giants): January 28, 2022
  13. Kevin O’Connell (Minnesota Vikings): February 2, 2022; signed offseason extension
  14. Mike McDaniel (Miami Dolphins): February 6, 2022; extended through 2028
  15. Todd Bowles (Tampa Bay Buccaneers): March 30, 2022; extended through 2028
  16. Sean Payton (Denver Broncos): January 31, 2023
  17. DeMeco Ryans (Houston Texans): January 31, 2023
  18. Shane Steichen (Indianapolis Colts): February 14, 2023
  19. Jonathan Gannon (Arizona Cardinals): February 14, 2023
  20. Brian Callahan (Tennessee Titans): January 22, 2024
  21. Jim Harbaugh (Los Angeles Chargers): January 24, 2024
  22. Dave Canales (Carolina Panthers): January 25, 2024
  23. Raheem Morris (Atlanta Falcons): January 25, 2024
  24. Mike Macdonald (Seattle Seahawks): January 31, 2024
  25. Dan Quinn (Washington Commanders): February 1, 2024
  26. Mike Vrabel (New England Patriots): January 12, 2025
  27. Ben Johnson (Chicago Bears): January 20, 2025
  28. Aaron Glenn (New York Jets): January 22, 2025
  29. Liam Coen (Jacksonville Jaguars): January 23, 2025
  30. Pete Carroll (Las Vegas Raiders): January 24, 2025
  31. Brian Schottenheimer (Dallas Cowboys): January 24, 2025
  32. Kellen Moore (New Orleans Saints): February 11, 2025

Largest 2025 Cap Hits: Offense

Last offseason brought about a record-breaking jump in the salary cap. This year, the ceiling rose to $279.2MM, another notable spike. The market at a number of positions will benefit from the ongoing surge in spending power available to teams, with quarterbacks obviously the largest standout in that respect.

In 2024, a pair of signal-callers surpassed the $50MM mark in terms of cap charges for the season. That will not be the case this time around, but to little surprise quarterbacks once again lead the way in terms of representing the largest share of many teams’ financial commitments for 2025. Positions such as receiver and offensive tackle have also generally not reached the same peak in terms of cap commitments as last year.

Leading up to training camp, are the NFL’s top 25 cap charges for offensive players:

  1. Dak Prescott, QB (Cowboys): $50.52MM
  2. Matthew Stafford, QB (Rams): $47.47MM
  3. Joe Burrow, QB (Bengals): $46MM
  4. Lamar Jackson, QB (Ravens): $43.5MM
  5. Kyler Murray, QB (Cardinals): $43.33MM
  6. Kirk Cousins, QB (Falcons): $40MM
  7. Geno Smith, QB (Raiders): $40MM
  8. Tua Tagovailoa, QB (Dolphins): $39.18MM
  9. Justin Herbert, QB (Chargers): $37.35MM
  10. Josh Allen, QB (Bills): $36.34MM
  11. Deshaun Watson, QB (Browns): $35.97MM
  12. Jared Goff, QB (Lions): $32.6MM
  13. Taylor Moton, RT (Panthers): $31.35MM
  14. Jordan Love, QB (Packers): $29.69MM
  15. Patrick Mahomes, QB (Chiefs): $28.06MM
  16. Calvin Ridley, WR (Titans): $28MM
  17. Tyreek Hill, WR (Dolphins): $27.7MM
  18. Jawaan Taylor, RT (Chiefs): $27.39MM
  19. Baker Mayfield, QB (Buccaneers): $26.48MM
  20. Terry McLaurin, WR (Commanders): $25.5MM
  21. Mike Evans, WR (Buccaneers): $25.36MM
  22. D.J. Moore, WR (Bears): $24.9MM
  23. Tee Higgins, WR (Bengals): $24.06MM
  24. Ja’Marr Chase, WR (Bengals): $23.57MM
  25. Trey Smith, RG (Chiefs): $23.4MM

Prescott’s last-minute 2024 Cowboys extension made him the first player in NFL history to carry an AAV of $60MM. That pact will have lasting impacts well beyond the coming campaign, as the team looks to also fit in the big-ticket extension CeeDee Lamb inked last summer and the one Micah Parsons is in position to sign at some point before Week 1.

Once again, Stafford and the Rams entered the spring with plenty of uncertainty. Retirement was a consideration quickly done away with in the case of the 37-year-old, but it remained to be seen if he would remain in Los Angeles. Trade offers came in from numerous suitors, and the chance existed for Stafford to land a more lucrative deal elsewhere. In the end, though, team and player reached agreement on another reworked pact. Stafford is now in line to receive $84MM over the next two years, including guaranteed money in 2026. A bit of continuity will thus be in place under center for the Rams.

2020 draft classmates Burrow, Tagovailoa and Herbert are understandable top-10 players on this list given their respective deals. All three are on the books for years to come as they look to unseat the Chiefs atop the AFC. Burrow spoke about restructuring his pact to create the cap space necessary for the Bengals to retain or extend each of their key in-house players this offseason. That has yet to take place, and it will be interesting to see if a reworking is explored while talks on the Trey Hendrickson front continue.

The Ravens have worked out a few extensions on offense already (Derrick Henry, Rashod Bateman) but Jackson looms as a candidate for a new deal. Three years remain on his pact, but starting in 2026 his cap charge is scheduled so spike well past its current figure. The two-time MVP has discussed a new arrangement this offseason, and a bump in guarantees and overall compensation similar to what the Bills did with Allen would come as no surprise.

Cousins’ figure stands out, of course, given the fact he is slated to operate as Atlanta’s backup this season. With no release coming and no trade imminent, the four-time Pro Bowler is set to stay in place behind Michael Penix JrCousins has made progress in his rehab from shoulder and ankle injuries suffered prior to his benching midway through his debut Atlanta season. With $10MM already guaranteed for next year, it will be interesting to see if a trade market develops in the coming months in his case.

With the exception of Watson – whose second Achilles tear is set to sideline him for most or all of the coming campaign – the remaining quarterbacks on the list are positioned to serve as starters for their respective teams. Only Geno Smith will be suiting up for a new organization after he was traded from the Seahawks to the Raiders. That swap was followed up by a two-year, $75MM extension and allowed him to reunite with head coach Pete Carroll. A short-term upgrade under center will be key as Vegas looks to find stability on the sidelines and in the front office.

Moton’s cap figure was a talking point earlier this offseason, but the Panthers are content to avoid a fourth restructure in his case. The pending free agent hopes to finish his career in Carolina, but an extension would have helped ensure that while lowering his immediate cap charge. In the absence of such an agreement, it will be interesting to see if Moton, 30, can deliver another strong showing in 2025.

Ridley is perhaps a surprising figure to lead the way in terms of cap charges at the receiver spot. He will operate as a key member of the Titans’ offense, a unit whose success will of course depend in large part on the play of rookie Cam Ward. Ridley has two more years left on his deal beyond 2025, but with limited guarantees owed over that span his Tennessee future could be greatly impacted by who this season plays out.

The likes of Hill, Evans and Moore are not currently the subject of speculation regarding their future. McLaurin, however, was absent from much of the Commanders’ spring practices with little progress being made at the negotiating table. Plenty of work is still required at this point to avoid a potential free agent departure next spring. Coming off a career-high in touchdowns while thriving alongside Jayden Daniels, the two-time Pro Bowler is in line for a raise which will likely lower his cap hit this season.

Chase and Higgins inked their deals simultaneously, putting an end to questions regarding where the latter in particular would play on his second contract. Those two, together with Burrow, will serve as foundational players for years to come in Cincinnati. It will be interesting to see how long Chase (with an AAV of $40.25MM) remains the league’s top earner in that respect for non-quarterbacks.

Kansas City’s offensive line faces questions entering the season. Despite his big-ticket contract, Taylor is not a lock to remain a starter at this point. With no guaranteed left on the final year of his deal (2026), a parting of ways could be in store next spring if a backup gig ensues. Trey Smith, meanwhile, remains attached to the franchise tag although an extension is among the team’s remaining offseason priorities.

RT Taylor Moton Hopes To Finish Career With Panthers

One year remains on Taylor Moton‘s contract. The Panthers are set to have their longtime right tackle play out the 2025 campaign while carrying an inflated cap charge, but it remains to be seen how the parties will move forward beyond that point.

If Moton has his way, however, he will stay in Carolina through the remainder of his career. The 30-year-old has handled starting duties since his second NFL season, compiling an Ironman streak of 104 consecutive starts along the way. That franchise-record mark came to an end in 2024, but Moton does not feel as though his playing days are nearing an end at this point.

“Looking forward, I do believe I have another contract in me,” the ninth-year veteran said, via Joe Person of The Athletic (subscription required). “But right now my focus is on the 2025 season and making sure I do whatever I can to have the best season I can for everybody involved.”

Moton inked a five-year, $85MM extension in 2021. That pact has been restructured three times, resulting in a $31.35MM cap charge for the 2025 campaign. General manager Dan Morgan made it clear early in the offseason the team would be comfortable with that figure for one year. In the absence of an extension, though, Moton’s Carolina future and market value will be dictated by his level of play this season.

The former second-rounder has remained consistent throughout his Panthers tenure, grading out between 13th and 23rd amongst qualifying tackles in terms of PFF evaluation over six of the past seven years. A similar performance in 2025 would help Carolina’s efforts to build off the offensive momentum shown at the end of last season. The tandem of Moton and left tackle Ikem Ekwonu will remain together for at least one more campaign, but the latter hopes to land a Panthers extension tying him to the team well past 2026.

Moton was limited to 14 contests last year, and a pectoral injury limited his workload during OTAs and minicamp this spring. He expressed confidence in his ability to deal with the knee issues which have arisen in recent years, though, something which will be key in determining his availability and level of play in 2025. It will be interesting to see if a strong start to the campaign opens the door to extension talks or if the Panthers prepare for a potential departure in the spring.

Eagles, Panthers On ‘Shortlist’ For Justin Simmons

Interest in free agent safety Justin Simmons has started to build as teams wrap up mandatory minicamp and plan their summer roster moves.

The Eagles and the Panthers are on a “shortlist” to land the nine-year veteran, according to ESPN’s Jeremy Fowler (via Sports Illustrated’s Patrick McAvoy). Both teams could use the safety depth after moving on from C.J. Gardner-Johnson and Xavier Woods this offseason, respectively.

Simmons is coming off somewhat of a down year in Atlanta after earning Pro Bowl or second-team All-Pro honors in four of his previous five seasons in Denver. That period included three years under then-Broncos head coach Vic Fangio, who is now the Eagles’ defensive coordinator. Simmons has played some of his best football in Fangio’s two-high defenses and could look to reunite with his former coach this year.

Simmons is familiar with Panthers DC Ejiro Evero, as well. He held the same position in Denver in 2022, when Simmons recorded a career-high six interceptions. Evero also spent the 2021 season in Los Angeles under Raheem Morris, who coached Simmons in Atlanta last year.

The Panthers have reached out to Simmons’ representation, per Joe Person of The Athletic, though no deal is imminent. He earned $7.5MM from the Falcons last year and is likely looking for similar compensation for the 2025 season.

Panthers Injury Updates: Brown, Tremble, Barno, Wallace

After missing virtually all of the 2024 season, Panthers defensive tackle Derrick Brown is aiming for a full return to the field during training camp later this summer, per Joseph Person of The Athletic.

Brown tore his meniscus in Week 1 and underwent season-ending surgery that has kept him limited through spring practices, though he did participate in “walk-throughs and light side work” during mandatory minicamp, according to Person. Brown originally stated a desire to be ready for the 2025 regular season, but his timeline appears to have moved up.

Brown’s injury was particularly disappointing after a career-best 2023 season. He led all defensive linemen with 103 total tackles and was named to his first Pro Bowl, earning him a four-year, $96MM extension from the Panthers in April 2024. While he has never been a prolific pass rusher, Brown’s size and power has consistently commanded double-teams and created opportunities for his teammates. His impact was evident last season, as Carolina’s run defense ranked dead-last in his absence.

The Panthers spent significant resources this offseason on defensive line depth, which should allow them to manage Brown’s usage more carefully coming off a major injury. He played a whopping 940 defensive snaps in 2023 (89% of the team’s total) and was on the field for almost every play before his injury last year. With new teammates Tershawn Wharton, Bobby Brown III, and Cam Jackson ready to share the load, Derrick Brown can take a lower snap share to stay fresh and healthy for the entire season.

Here are a few updates on other Panthers returning from injuries:

  • Tight end Tommy Tremble missed five games last season due to a lingering back injury that led to offseason surgery in May. He is expected to start training camp on the active/PUP list, according to Person. Youngsters Ja’Tavion Sanders and Mitchell Evans will have a chance to carve out a role in the Panthers’ offense during Tremble’s absence.
  • Edge rusher Amare Barno may not be ready by training camp after a “clean-out procedure on his knee,” writes Person. Barno started the 2024 season on the PUP list and only appeared in five games before another injury sidelined him for the rest of the year.
  • Linebacker Trevin Wallace returned from offseason shoulder surgery to participate in the Panthers’ spring practices, per Jeff Hawkins of The Charlotte Post. The 2024 third-rounder emerged as a starter as a rookie before landing on injured reserve in December. With Shaq Thompson departing for the Bills in free agency, Wallace is expected to start alongside veteran Josey Jewell in 2025.

Panthers Unlikely To Pursue CBs Jaire Alexander, Jalen Ramsey

Jaire Alexander has drawn immediate interest following his Packers release. He is joined by Jalen Ramsey as a high-profile cornerback available late in the offseason, but in both cases the Panthers should not be considered a landing spot.

Carolina is not positioned to make a run at Alexander or Ramsey, Joe Person of The Athletic writes (subscription required). He adds a defensive back addition of some kind could be in store before training camp begins next month, and with over $18MM in cap space the team could certainly afford a free agent pickup. As expected, though, other options will be on the Panthers’ radar.

Alexander was the subject of trade talks at multiple points this offseason, and once it became clear no restructure agreement would be reached the Packers moved forward with a release. Trading for the two-time Pro Bowler would have required taking on the remainder of his contract – a tall order given Alexander’s injury history – but numerous suitors are interested now that doing so is no longer necessary. The Bills were among the teams which discussed a trade, although given their current cap situation a free agent deal could be unrealistic at this point.

It has long been known Ramsey is available via trade given the mutual decision made with the Dolphins to move on. Finances are key in his situation given the roughly $21MM in guaranteed salary owed for 2025. Reaching agreement with Miami will no doubt depend largely on how much of that figure the team will retain to facilitate a trade. Ramsey, 30, is a candidate to return to the Rams (a team which, by contrast, does not appear to be a prime suitor for Alexander).

As Person notes, a depth addition at the cornerback spot would be welcomed given the options currently on hand at the position. At safety, meanwhile, a move is also worth watching for. Both Julian Blackmon and Marcus Williams have taken part in free agent visits this offseason, and each veteran is still unsigned at this point. Carolina could circle back to one of those two of look into another free agent such as Justin Simmons based on his familiarity with defensive coordinator Ejiro Evero.

Making a move in the secondary will be welcomed on a defense which ranked 23rd against the pass last season. In the case of Alexander and Ramsey, however, Carolina should not be considered a likely destination.