Darius Slay is staying in Philadelphia after all. NFL Network’s Ian Rapoport reports (via Twitter) that the Eagles have agreed to a new deal with the cornerback. It’s a two-year extension that will keep Slay in Philly through the 2025 season.
Reports yesterday indicated that Slay was set to be released by the Eagles, mostly due to his lofty $26.1MM cap number. This reported transaction followed negotiations between the two sides on a new contract, and the front office also shopped the cornerback to CB-needy teams. Slay himself tweeted about his impending release, a move that would have opened $17.5MM in cap space but left $13MM in 2024 dead cap.
Not even 12 hours later, we heard the Eagles were having second thoughts about releasing the veteran. Reports indicated that the Eagles were having a “hard time” moving on from Slay and were hoping the two sides could come to some kind of compromise. Soon after, Slay took to Twitter and hinted that he may be returning to the Eagles after all.
Now, the new contract has been agreed to, keeping the defensive back with Philadelphia for the foreseeable future. ESPN’s Adam Schefter tweets that the three years on Slay’s contract (including the two new extension years) are worth $42MM, including $23MM in guaranteed money.
Philly gave Slay a three-year, $50MM extension upon trading for him three years ago, and Slay has produced during his time with the organization. Pro Football Focus graded Slay as its No. 21 overall corner last season, with the 32-year-old earning his second-straight Pro Bowl nod after compiling 55 tackles, three interceptions, and 14 passes defended.
The Eagles had to invest in the position this offseason when they inked James Bradberry to a sizable extension. This new contract was expected to end Slay’s tenure with the team, but instead, the secondary will only have to deal with the loss of starting safety Marcus Epps.