MARCH 14: While a Brown deal didn’t happen in the often active first week of free agency, his exit via trade is still seen “as inevitable,” according to Mike Florio of Pro Football Talk. Florio’s source claims the team could be “careening toward a potential cap mess in 2027” if Brown stays in Philadelphia for the 2026 season. It appears to be a question of when a trade will happen (before or after June 1), not if.

The aforementioned concerns of dead money still exist. But thanks to the Panthers keeping a massive Jaelan Phillips charge off Philly’s books, there is some belief in the building that the Eagles are more equipped to carry the dead money now, if they choose to ship out Brown before June 1. The advantage of doing so would be to give the personnel department a better idea of what the roster will look like in 2026. Plus, potentially acquiring 2026 draft capital in the trade could help the Eagles quickly fill the hole left by Brown’s departure. It’s a waiting game at the moment, but how long it lasts appears to be in the hands of the Eagles’ front office.

MARCH 13: The Eagles’ A.J. Brown trade talks are on hold for the time being. After engaging in “serious conversations” with the Rams and Patriots, the Eagles have decided to retain Brown for now, per Dianna Russini of The Athletic. If a trade materializes, it won’t happen until around June, Russini adds.

Dealing Brown before June would come at a severe cost to Philadelphia. The Eagles would absorb a $43.45MM dead cap charge, a record for a receiver. They would also lose $20.12MM in cap room.

A post-June 1 deal would be reminiscent of the Falcons trading star wideout Julio Jones to the Titans in 2021. With Jones then entering his age-32 season, the Falcons dealt him and a sixth-rounder for a second- and a fourth-rounder.

In the event general manager Howie Roseman pulls the trigger then, the Eagles would spread Brown’s dead money over two years. While the Eagles would face a $16.35MM charge in 2026 and a $27.1MM fee in ’27, they would save $7MM on their cap next season.

Roseman has reportedly held out for a package consisting of at least a first- and second-rounder for Brown, but it does not appear anyone will bite before April’s draft. The Rams already dealt their original first-round pick away in acquiring former Chiefs cornerback Trent McDuffie last week. Los Angeles still has another first-rounder (No. 13 overall, originally Atlanta’s selection), and GM Les Snead has never been shy to ship out top picks for immediate upgrades. However, that may be too pricey for the soon-to-be 29-year-old Brown.

If the Rams do acquire Brown before the season, it would give them an embarrassment of riches at receiver. Head coach Sean McVay, offensive coordinator Nate Scheelhaase and MVP-winning quarterback Matthew Stafford would have Brown, Puka Nacua and Davante Adams as a trio for at least one season. While Brown is under contract through 2029, Nacua and Adams are on schedule to become free agents next year. In all likelihood, though, the Rams will work out a massive extension with Nacua before then.

The reigning AFC champion Patriots, meanwhile, are in line to keep the 31st pick. In heading to New England, Brown would reunite with Mike Vrabel, who was his coach in Tennessee from 2019-21. The two still have a strong relationship, but the Patriots have less urgency to meet the Eagles’ demands after adding former Packer Romeo Doubs on a four-year, $80MM contract in free agency.

If the Eagles are shutting down talks until the summer, other teams could enter the race for Brown by then. Aside from the Patriots, the three-time Pro Bowler’s wish list reportedly features the Bills, Chargers and Chiefs. None of those three clubs have pursued Brown with much gusto, but perhaps circumstances will change a few months from now.

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