Teams View DeAndre Hopkins As Cut Candidate?

The countdown to this year’s draft continues, but a number of veteran playmakers are still available via free agency or trade. The latter route is thought to be necessary for a team to acquire Cardinals wideout DeAndre Hopkins, though that may not be the case relatively soon.

Hopkins has a $19.45MM base salary and, more importantly, a $29.99MM cap hit for the 2023 season. One more year exists after that on his current pact, though it is widely expected that the five-time Pro Bowler will agree to an extension upon arrival with an acquiring team. He recently hired an agent, and is open to the idea of a financial adjustment if it helps pave the way for a deal sending him to a contender.

No suitors have emerged that are willing to meet the Cardinals’ asking price, however. Arizona – now led by general manager Monti Ossenfort – is seeking a second-round pick and some other draft capital to move Hopkins, 30. To no surprise, his contract is holding up trade talks, to the point where some teams looking to add him are becoming convinced he will be released, reports SI’s Albert Breer. Cutting Hopkins before June 1 would create over $21MM in dead money for the Cardinals, just as a trade would.

Dealing or releasing the three-time All-Pro after that date, though, would yield nearly $19.5MM in cap savings. This month’s draft represents a logical turning point with respect to a trade market taking shape, as teams eyeing WR additions could fail to land an impact rookie. In that case, teams linked to Hopkins like the Chiefs, Bills and Ravens could circle back to see if he could be had at a discounted trade price.

While the decision will ultimately fall to Ossenfort, his predecessor made his thoughts clear on the matter. During a recent appearance on the Green Light with Chris Long podcast, Steve Keim alluded to Hopkins’ contract as the obstacle holding up a deal, adding that he feels the Cardinals may end up being undersold on the former Texans first-rounder.

“They’re probably going to have to come to understand that they’re probably not going to get as much as they would if he was a younger player or his contract was considerably lower, where you could get him for a second-round [pick],” Keim said. “It could end up being a second- or third-day draft pick to really get it done. Probably [need to] get a new deal done” (h/t ArizonaSports.com).

Missed time in recent years represents another factor which could hinder Hopkins’ value. When on the field last year, though, he averaged just under 80 receiving yards per game, meaning he would likely remain productive on his new team. Other veterans (such as free agent Odell Beckham Jr. and trade targets Courtland Sutton and Jerry Jeudy) are also in place as other options for receiver-needy teams. Once a contractual solution is in place, however, Hopkins could quickly find himself on the move.

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