The Bengals have not had a game-changing defensive tackle since Geno Atkins‘ retirement in 2020, a problem they set out to solve this offseason. That made them willing to give Jonathan Allen a two-year, $26MM contract despite his lack of high-end production in the the last two seasons.
The level of interest Allen received from other teams is unknown, but it is worth noting that he was still owed $8MM in guaranteed salary from his last deal in Minnesota. That would have allowed another club to sign him for a veteran minimum contract with the Vikings still paying out those guarantees this year, but Cincinnati came in with a much bigger offer.
Their determination to land the two-time Pro Bowler came after failed pursuits of John Franklin-Myers and Osa Odighizuwa, per Paul Dehner Jr. of The Athletic, with the former signing in Tennessee and the latter heading from Dallas to San Francisco for the Cowboys’ third-round pick.
The Titans’ offer to Franklin-Myers of a three-year, $63MM (and a reunion with Robert Saleh) was hard to beat, especially given a strong guarantee structure, the likes of which the Bengals have historically been hesitant to match.
Instead, Cincinnati pivoted to Odighizuwa, who has been a consistent but not dominant interior disruptor in his career. His deal had three years and $57.75MM remaining (with no guarantees), making him a cheaper proposition than Franklin-Myers who could easily be moved again if the acquisition did not pan out. But it would also require a draft pick to get him – as it turned out, a third-rounder – and the Bengals were not willing to outbid the 49ers for Odighizuwa’s services. San Francisco offered a third-round pick (No. 92 overall) to Dallas, an offer that Cincinnati could have easily bested with their own third-rounder at No. 72 overall.
The Bengals declined to do so and swooped in to sign Allen shortly after he was released by the Vikings at the start of the new league year. Dehner notes that Cincinnati did not look into Javon Hargrave, who left Minnesota at the same time, instead focusing in on Allen as the solution to their lack of interior disruption in the defensive trenches.

Cinci should of taken a chance on Oza. These are the type of deals they should prioritize to help get the defense competent. This would of capped off a good free-agency by them. Pick #72 is not that much to get a guy in the middle that will generate pressure for you.
Forgive my lack of knowledge on the salary cap, but if Allen was worth $26M/2, and was only $8M, wouldn’t it have made more sense to trade him than to cut him?