Even with the draft now in the rearview, teams around the NFL continue to make a number of key roster-building decisions. Here is a quick recap of the top headlines from the past week:
- Giants Extend Lawrence: The Giants have already finished negotiations with quarterback Daniel Jones on a big-money deal this offseason, and they have now done the same with standout defensive tackle Dexter Lawrence. The 25-year-old parlayed a career-year in 2022 into a four-year, $90MM contract with $60MM guaranteed. That makes his pact the latest lucrative one seen in the DT market this offseason, and its $22.5MM annual average value puts Lawrence in a tie for third at the position for yearly compensation. The Clemson product has cemented himself as one of the pillars of New York’s defense, and he will be on the books through 2027 as he and the team look to replicate their shared success from last season for years to come.
- Packers, Love Agree To Extension: The Packers faced an interesting decision entering the deadline for fifth-year option decisions, with Jordan Love entering the final year of his rookie contract. In lieu of picking up his option, Green Bay worked out a one-year extension with their new starter with a maximum value ($22.5MM) slightly higher than what the option would have paid out. The 24-year-old has only one regular season start to his name, but he is in place as the undisrupted starter for at least the 2023 campaign, with personal and team achievements available as incentives for his 2024 compensation. Love can approach his all-important fourth season in the league with clarity on his short-term financial future.
- Commanders Sale Nearing? An official end to the Dan Snyder era in Washington could be coming later this month, with the Josh Harris-led bid for the Commanders being reviewed by the NFL ahead of the league’s next owners’ meetings. Talks with Snyder’s legal representatives are ongoing, and the matter of indemnification both for himself and the league’s other owners with respect to the various ongoing probes into the organization will be an important hurdle to clear. At least 24 owners will need to formally ratify the Harris bid when it is put to a general vote, but few obstacles are thought to remain before that takes place. Presuming it does, Harris will be in position to secure an NFL franchise one offseason after he was a runner-up to purchase the Broncos.
- Vikings, Cousins Open To Continuing Relationship: Much was made about the Vikings’ quarterback situation entering the draft, with veteran starter Kirk Cousins set to hit free agency after the 2023 season, during which he will play on a restructured deal. General manager Kwesi Adofo-Mensah‘s public remarks on the matter keep the door open to another Minnesota deal, however, which would likely result in a continuation of his penchant for short-term deals. The 34-year-old has been with the Vikings since 2018 and earned a second straight Pro Bowl nod in 2022 while leading the team to a strong regular season (along with, on the other hand, another first-round exit). Cousins, for his part, has indicated his openness to continue his stay with the Vikings in 2024 and beyond, so his performance this campaign – and how the team responds to it – will be a key storyline to follow.
- Record Low Fifth-Year Options Picked Up: Love’s situation aside, the 2023 offseason turned out to be an interesting one with respect to team’s decisions on 2020 first-round picks. A record low 12 players had their options exercised, which will lead to a number of high-profile free agent situations next offseason. Some of those whose options were declined could still end up re-signing with their current teams, of course, but notable players on both sides of the ball now face uncertain futures. Decisions on short- and long-term deals with the players across the 2020 first round order will no doubt inform teams’ other moves with more recent draftees, but several could be looking for replacements at key positions earlier than they envisioned.