The Texans shot down Nico Collins trade rumors after the draft, and they are now taking care of their top wide receiver. Collins and the team agreed on a reworked deal Tuesday, ESPN’s Adam Schefter reports.
Collins will receive raises in 2026 and ’27 as a part of this agreement, per Schefter, who notes the sixth-year veteran will see a $9MM cash influx in 2026 and an $8MM bump in 2027. Both Collins’ 2026 and ’27 salaries are now guaranteed.
Houston’s May 2024 extension agreement with Collins has aged extraordinarily well. He is tied to a three-year, $72.75MM deal. Even at the time, that contract looked team-friendly, as A.J. Brown had moved the receiver market to $32MM per year weeks earlier. Justin Jefferson, Ja’Marr Chase and now Jaxon Smith-Njigba have taken the market onto new tiers since the Collins contract was finalized. The Texans’ top skill-position talent, in terms of AAV, had been tied to a salary nearly $20MM south of Smith-Njigba’s market-setting pact ($42.15MM per year).
No new years are being added to Collins’ deal, but the raises here are substantial — as are the guarantee bumps. Collins was due $20MM in guaranteed compensation this year but had no guarantees in place for 2027. Collins was tied to a nonguaranteed $21.25MM salary next year. That number will rise considerably, and it continues a pattern of Texans proactivity on the contract front.
Texans GM Nick Caserio gave Derek Stingley Jr. a market-resetting extension in March 2025 and did the same for Will Anderson Jr. this offseason. The team also has shown a willingness to guarantee cornerstone players’ money in future years. The Texans have extended Danielle Hunter twice on one-year bumps and reupped Dalton Schultz for an additional year in March. Collins will loom as a 2027 extension candidate in Houston, but Caserio has again rewarded a productive player with a significant guarantee increase.
The pay hikes agreed to Tuesday will move Collins near $30MM in compensation this year and next. That still puts him outside of the top five at his position, with the NFL’s $30MM-AAV receiver club now consisting of nine players (though, a 49ers Brandon Aiyuk release would trim it to eight). Collins is entering an age-27 season and is coming off three straight 1,000-yard campaigns. Although C.J. Stroud has not made big strides since his rookie-year breakthrough, the Texans have found a gem in Collins — a 2021 third-round pick.
More to come.