Here are PFR’s examinations of the 32 NFL teams’ 2024 offseasons:
The Ravens reworked a handful of contracts this week. Per NFL Network’s Ian Rapoport, the team restructured linebacker Roquan Smith‘s contract. ESPN’s Field Yates adds that defensive tackle Nnamdi Madubuike and kicker Justin Tucker also reworked their pacts.
Smith’s restructuring helped create $4.875MM in cap space, per Rapoport. Smith is playing on the second year of a five-year, $100MM extension he signed with the Ravens in 2023. In total, the three recent contract restructurings will total $9.3MM in savings, per Yates.
GM Eric DeCosta recently hinted that the team may be over the cap after adding a long list of practice squad players (via Jeff Zrebiec of The Athletic). The executive was confident the organization would quickly get cap compliant, and it sounds like the front office also managed to squeeze out some extra financial wiggle room heading into the regular season.
More cap restructurings from around the NFL…
- Deebo Samuel provided the 49ers with some cap space the other day, with the wideout’s restructuring providing the team with a whopping $16.4MM in cap space (via Yates). Samuel is still playing on the three-year, $73.5MM extension he inked with San Francisco in 2022. Defensive tackle Maliek Collins also recently reworked his contract, saving the 49ers $5.43MM against the cap, per Yates. The team specifically converted $6.79MM of Collins’ upcoming salary into a signing bonus, adding three void years in the process (per Michael Ginnitti of Spotrac).
- The Broncos continue to commit to wideout Courtland Sutton, at least for the entirety of the 2024 campaign. The team restructured the receiver’s contract, helping open $9.5MM in cap space, per Yates. Specifically, the team converted $11.875MM of Sutton’s $13MM salary into a bonus, per Mike Klis of 9News in Denver. The reduced financial flexibility reduces the chances of a Sutton trade during the upcoming season.
- The Falcons opened up about $7.5MM in cap space by reworking Jessie Bates‘ contract, per Aaron Wilson of KPRC2 in Houston. The team converted $11.25MM of his 2024 base salary into a signing bonus, increasing his 2025 ($22.25MM) and 2026 ($22.27MM) cap hits in the process.
- The Panthers reworked a pair of contracts, according to Yates. Both offensive tackle Taylor Moton and defensive tackle Shy Tuttle helped provide the Panthers with some breathing room, as the duo’s restructurings created $10.7MM in cap room.
- The Saints opened $3.5MM in cap space by reworking Juwan Johnson‘s deal, per Yates. The tight end inked a two-year extension with the team ahead of the 2023 campaign, with $11.5MM of his $12MM earnings guaranteed.
The Falcons have identified their de facto third-string quarterback. Following their Taylor Heinicke trade, the Falcons added Nathan Peterman to their practice squad.
This will be Peterman’s fifth NFL team and second stop in the NFC South. Spending this offseason in New Orleans, the well-traveled reserve QB has been with the Bills, Raiders and Bears as well. He will step in behind Kirk Cousins and Michael Penix Jr. as an emergency third-stringer, as Atlanta’s 53-man roster houses two QBs.
Still probably best known for his rough game outings with the Bills early in his career, Peterman has made a career out of third-string work and occasional game cameos. Most recently, the 2017 Buffalo draftee was with Las Vegas. But Antonio Pierce‘s team moved on, keeping their two training camp QB1 competitors (Gardner Minshew, Aidan O’Connell). The Raiders are not currently carrying a P-squad QB.
Peterman, 30, is 1-4 as a starter. His most recent outing came in Week 18 of the 2022 season, as the Bears parked Justin Fields for a finale that secured them the No. 1 overall pick in 2023. Peterman has a 4-to-13 career TD-INT ratio. The enduring taxi squad presence, however, continues to find opportunities. Peterman’s initial Raiders stint, during the Jon Gruden years, lasted for more than three seasons. He spent the 2022 and ’23 campaigns with the Bears, vacillating between P-squad arm and active-roster reserve. The Saints signed Peterman in March but cut him in early August.
The Falcons traded Heinicke to the Chargers for a conditional sixth-round pick. Heinicke, who took a pay cut this offseason, had not expected to make the Falcons’ 53-man roster for a second year. To make room on its P-squad, Atlanta released veteran tackle Julie’n Davenport. A 32-game starter, Davenport has not seen game action since 2021.
As we learned shortly after the Patriots agreed to trade contract-year edge defender Matt Judon to the Falcons last month, both Atlanta and the Bears offered New England a third-round draft choice in exchange for Judon. At that point, Judon was given the choice of which team he wanted to play for, and he chose the Falcons.
According to Albert Breer of SI.com, Judon was intrigued by the possibility of playing for Chicago, and he and the club did engage in preliminary contract talks. However, in the player’s view, the commitments that the Bears already have on the books for 2025 made it likely that he would only be with the team for the upcoming season.
While Judon indicated that he would not seek an immediate extension from Atlanta as he did from New England – saying that “the Falcons know nothing about me as a football player or as a man” – he can at least foresee a multiyear stay with the Falcons. Interestingly, as OverTheCap.com indicates, the Bears actually are projected to have the eighth-most cap room in the league in 2025, while the Falcons have the sixth-least.
On the other hand, Chicago is already tethered to a contract for a high-end edge rusher (Montez Sweat), whereas Atlanta has no such deal on its books. Speculatively speaking, perhaps the Sweat contract – along with the convincing sales pitch that Breer says Falcons head coach Raheem Morris gave to Judon about his role in the team’s defense – is what tipped the scales in Atlanta’s favor.
Even though New England extended Judon the courtesy of choosing between the two teams that extended acceptable trade proposals, Breer said on a recent appearance on 98.5 The Sports Hub that the Patriots’ coaches and front office personnel “were just sick of” Judon (video link). The lack of a resolution to Judon’s contract situation – the four-time Pro Bowler was, of course, pushing for a new deal when he was still a member of the Pats – certainly played a significant role in his departure, but Breer notes that the rift went beyond finances.
Patriots staffers, per Breer, believed there was the “public-facing Judon” and the “Judon behind the scenes,” and that the latter version of the player was something of an “operator” whose “act had worn thin.” Breer said those same traits were on display during Judon’s stint with the Ravens, and that the new Pats regime – which of course has extended a number of Bill Belichick-era acquisitions this offseason – was more than willing to move on.
As Judon attempts to return to form in a platform campaign for his new club, Oshane Ximines appears to have benefitted the most from his departure. A former third-round pick of the Giants, Ximines never truly established himself with New York, and he signed with the Patriots via the veteran salary benefit this offseason. As Mike Reiss of ESPN.com notes, Ximines was viewed as a bubble player when training camp began, but the Judon trade opened up a roster spot.
Outside linebackers coach Drew Wilkins, who served in the same capacity with the Giants over the last two seasons, said, “[Ximines] has been great. ame in here, learned the playbook quickly, humble approach to everything — a guy that wants to play the run, set the edge and do the dirty work. He fits right in this defense.”
PFR’s practice squad rundown, signaling we are indeed close to games that count, begins Thursday. Here is how teams began to handle their 16-man P-squads.
Arizona Cardinals
- Signed: TE Jordan Murray, DL PJ Mustipher, OL Luke Tenuta
Atlanta Falcons
- Signed: LB Monty Rice, OL Elijah Wilkinson
Carolina Panthers
- Signed: OL Ja’Tyre Carter, WR Jalen Coker, TE Feleipe Franks, LB Thomas Incoom, DE Tarron Jackson, DT Jayden Peevy, S Demani Richardson
Chicago Bears
- Signed: OL Chris Glaser, DL Sam Roberts
- Released: DB Quindell Johnson, DL Dashaun Mallory
Cincinnati Bengals
- Signed: G Tashawn Manning, RB Kendall Milton, DT Justin Rogers, DE Isaiah Thomas
Cleveland Browns
- Signed: RB Gary Brightwell, WR Tulu Griffin, TE Cameron Latu, TE Blake Whiteheart
- Released: LS Rex Sunahara
Dallas Cowboys
- Signed: DT Phil Hoskins, CB Amani Oruwariye
Detroit Lions
- Released: S C.J. Moore
Houston Texans
- Signed: T Braeden Daniels, TE Cole Fotheringham, WR Xavier Johnson, S Mark Perry, QB Kedon Slovis
Indianapolis Colts
- Signed: DT McTelvin Agim, DE Titus Leo, TE Sean McKeon, G Atonio Mafi, K Spencer Shrader
Jacksonville Jaguars
- Signed: OL Blake Hance, S Matthew Jackson, WR Louis Rees-Zammit
Las Vegas Raiders
- Signed: TE Justin Shorter
Los Angeles Chargers
- Signed: S Tony Jefferson, C Sam Mustipher, TE Eric Tomlinson
- Released: CB Robert Kennedy
Los Angeles Rams
- Released: RB Zach Evans
Miami Dolphins
- Signed: QB Tim Boyle
Minnesota Vikings
- Signed: T Ricky Lee, RB Zavier Scott
- Released: WR Jeshaun Jones, RB DeWayne McBride
New England Patriots
- Signed: DE Brevin Allen, G Jerome Carvin, DT Trysten Hill, C Bryan Hudson, G Michael Jordan, WR Jalen Reagor
New Orleans Saints
- Signed: T Austin Deculus, TE Treyton Welch
- Released: TE Mason Fairchild
New York Giants
- Signed: CB Art Green, DT Elijah Garcia, CB Duke Shelley
Philadelphia Eagles
- Signed: OL Brett Toth
Pittsburgh Steelers
- Signed: CB Anthony Averett, FB Jack Colletto, CB Zyon Gilbert, CB Thomas Graham Jr., LB Marcus Haynes, DL Jacob Slade, RB Jonathan Ward, TE Rodney Williams
San Francisco 49ers
- Signed: WR Terrace Marshall, RB Ke’Shawn Vaughn
Seattle Seahawks
- Signed: CB Josh Jobe, LB Tyreke Smith
- Released: T Raiqwon O’Neal
Tampa Bay Buccaneers
- Signed: C Avery Jones, T Lorenz Metz, WR Ryan Miller, WR Cody Thompson
Tennessee Titans
- Signed: DL James Lynch
Washington Commanders
- Signed: LB Jalen Graham, CB Bobby Price
Slovis went to camp with the Colts, joining the team as a UDFA this year. Houston placed Case Keenum on IR and released Tim Boyle, who is now the Dolphins’ P-squad QB. Slovis, who played at USC, Pittsburgh and BYU in college, is now the Texans’ de facto third-stringer.
Shelley has 11 career starts — with the Bears and Vikings — on his resume. He joined the Raiders last year but ended up with the Rams, playing in 11 games as a backup. The Giants have spent time searching for a cornerback answer, having not been too satisfied with their Cor’Dale Flott–Nick McCloud CB2 competition. New York did not make any waiver claims at the position Wednesday.
Reagor, who played for the Patriots last season, is back after being released earlier this week. The former Minnesota first-rounder played in 11 New England games last season, returning a kick for a touchdown. Latu joins the Browns after being a 49ers cut. The 2023 third-round pick missed all of last season with an ACL tear. Jefferson is back with the Bolts hours after being released.
Taylor Heinicke is heading to Los Angeles. Dianna Russini of The Athletic reports that the Falcons are trading the quarterback to the Chargers. Atlanta will receive a conditional sixth-round pick in return. The conditions of that pick are based on playing time, per NFL Network’s Ian Rapoport.
[RELATED: Falcons Hoping To Trade QB Taylor Heinicke?]
We heard earlier this month that the Falcons were eyeing a Heinicke trade. While the veteran represented the team’s lone holdover at the position, his future was uncertain after the Falcons revamped their depth chart this offseason. First, the front office signed Kirk Cousins to a lucrative contract, and they later surprised many when they selected Michael Penix Jr. in the first round. That left Heinicke without a clear role on the team.
While the Falcons generally opted for three active QBs in 2023 while taking advantage of the league’s emergency quarterback spot, it sounded like the team preferred to stash their QB3 on the practice squad for the 2024 campaign. Atlanta ultimately carried Heinicke on the 53-man roster through final roster cuts, but they’ll now move forward with only a pair of QBs on their active roster.
While Heinicke was pushed off the roster in Atlanta, it’s not necessarily a reflection of his standing in the league. The former UDFA had a successful two-year stint in Washington between 2021 and 2022, guiding his squad to a 12-11-1 record as a starter. That performance helped earn him a two-year, $14MM deal with his hometown Falcons last offseason, where he was expected to provide former third-round pick Desmond Ridder with some competition. Heinicke ultimately got four starts for Atlanta, going 1-3 while completing a career-low 54.4 percent of his passes. The veteran took a pay cut from $5MM to $1.21MM to stick in Atlanta for 2024, but now he’ll be earning that reduced salary in Los Angeles.
The Chargers were only carrying a pair of QBs following final cuts, with Easton Stick lined up to be the QB2 behind Justin Herbert. Stick, a former fifth-round pick, has spent his entire career with the Chargers, and he finally got an extended look while filling in for Herbert in 2023. While the Chargers went 0-4 in his four starts, Stick still managed to complete 63.8 percent of his passes for 1,129 yards, three touchdowns, and one interception. Heinicke will provide the organization with a bit more starting experience behind Herbert, but it’s uncertain how the depth chart will ultimately shake out.
Following the 53-man roster cutdown deadline Tuesday, many teams will make slight tweaks to their rosters. In addition to waiver claims, teams can begin constructing their 16-man practice squads today. These Buccaneers, Falcons, Panthers and Saints moves are noted below.
Atlanta Falcons
Signed:
Claimed:
Signed to practice squad:
- WR Chris Blair, CB Natrone Brooks, S Dane Cruikshank, OL Julién Davenport, WR Dylan Drummond, TE John FitzPatrick, DL Demone Harris, CB Kevin King, DT Zion Logue, DL LaCale London, WR Jesse Matthews, OL Andrew Stueber, RB Carlos Washington Jr.
Carolina Panthers
Signed:
Claimed:
- CB Shemar Bartholomew, CB Tariq Castro-Fields, CB Keenan Isaac, LB Jon Rhattigan, LB Jamie Sheriff
Waived:
- WR Jalen Coker
Waived from IR:
Signed to practice squad:
- G Mason Brooks, RB Mike Boone, S Alex Cook, LB Kenny Dyson, TE Jordan Matthews, QB Jack Plummer, DL T.J. Smith, DL Walter Palmore, LB Chandler Wooten
New Orleans Saints
Signed:
Claimed:
Signed to practice squad:
- S Johnathan Abram, S Ugo Amadi, WR Kevin Austin, S Millard Bradford, LB Isaiah Stalbird, TE Treyton Welch
Tampa Bay Buccaneers
Signed:
Claimed:
Waived:
Signed to practice squad:
- S Marcus Banks, DL C.J. Brewer, DL Mike Greene, LB Antonio Grier, OLB Daniel Grzesiak, OL Luke Haggard, LB Vi Jones, QB Michael Pratt, WR Sterling Shepard, TE Tanner Taula, P Seth Vernon, RB D.J. Williams, S Rashad Wisdom
Waiver claims can begin coming in at 11am CT. While the waiver order will depend on 2024 records in several weeks, teams’ 2023 finishes currently determine it. Here is how the waiver priority list stacks up heading into today’s round of claims:
- Carolina Panthers
- Washington Commanders
- New England Patriots
- Arizona Cardinals
- Los Angeles Chargers
- New York Giants
- Tennessee Titans
- Atlanta Falcons
- Chicago Bears
- New York Jets
- Minnesota Vikings
- Denver Broncos
- Las Vegas Raiders
- New Orleans Saints
- Indianapolis Colts
- Seattle Seahawks
- Jacksonville Jaguars
- Cincinnati Bengals
- Los Angeles Rams
- Pittsburgh Steelers
- Miami Dolphins
- Philadelphia Eagles
- Cleveland Browns
- Dallas Cowboys
- Green Bay Packers
- Tampa Bay Buccaneers
- Houston Texans
- Buffalo Bills
- Detroit Lions
- Baltimore Ravens
- San Francisco 49ers
- Kansas City Chiefs
Here are the Falcons’ Tuesday moves which brought the team’s roster to 53 ahead of the cutdown deadline:
Released:
- CB Dane Cruikshank
- T Julien Davenport
- DE Demone Harris
- CB Kevin King
Waived:
- WR Chris Blair
- CB Natrone Brooke
- RB Spencer Brown
- WR Dylan Drummond
- LB Milo Eifler (injury designation)
- DT Prince Emili
- TE John FitzPatrick
- WR O.J. Hiliare
- CB Anthony Johnson
- DT Zion Logue
- DT LaCale London
- WR Jesse Matthews
- LB Kenny Oginni
- CB Jayden Price
- OL Andrew Stueber
- S Tre Tarpley
- CB Josh Thompson (injury designation)
- DT Tommy Togiai
- RB Carlos Washington
- OL Barry Wesley
Placed on IR (designated for return):
Taylor Heinicke was widely believed to be on the trade block, and it would have come as little surprise if the veteran passer had been released. Atlanta signed Kirk Cousins in free agency and drafted Michael Penix Jr. eighth overall in April. Those two are set to handle starting and backup duties in 2024 (and beyond, if things go according to plan), which suggested Heinicke was expendable. Instead, he will prepare for a second season with the Falcons.
King’s efforts to return to regular NFL action included a contract with the Falcons in March. The former Packers corner sat out the 2022 season while rehabbing multiple injuries. Last year, an Achilles tear forced him to miss another campaign. He was unable to carve out a roster spot in Atlanta, but as a vested veteran he will immediately hit free agency without needing to pass through waivers.
A number of recent draftees are included in the list of players being waived. As a former UDFA, Blair does not meet that criteria but his inclusion is a surprise. The 26-year-old was a standout in the preseason, and ESPN’s Marc Raimondi notes Atlanta is interested is retaining him via the practice squad. The same will no doubt be true of Logue, a sixth-round pick in this year’s draft.
Teams are allowed to designate two players to return from IR without naming them to the 53-man roster. A number of teams have taken advantage of that new rule today, and in Atlanta’s case it means Hellams will not occupy a spot for the time being. The earliest he can be activated is Week 5.
With roster cutdowns beginning around the league, Sunday saw a number of moves take place:
Atlanta Falcons
- Waived: WR Josh Ali, CB William Hooper, LB Storey Jackson, LB Donavan Mutin, QB John Paddock, TE Austin Stogner, CB Trey Vaval
- Released: OLB Bradlee Anae, OL Zack Bailey, S Lukas Denis, OL Jaryd Jones-Smith, OL John Leglue, TE Jordan Thomas
Buffalo Bills
- Placed on IR: S Terrell Burgess, S Dee Delaney
- Waived: DE Rondell Bothroyd, OL Kevin Jarvis, LB Shayne Simon,
- Released: QB Anthony Brown, CB Kyron Brown, WR Damiere Byrd, LB Deion Jones
Indianapolis Colts
- Waived: CB Clay Fields III, K Spencer Shrader, QB Kedon Slovis, WR Derek Slywka, LB Mike Smith Jr.
- Released: WR Tyrie Cleveland, DE Derek Rivers, WR Greg Ward
Jacksonville Jaguars
- Waived: DE Raymond Johnson, DT Jonathan Marshall, LB Andrew Parker Jr., WR Joseph Scates, WR Seth Williams
- Released: CB Tevaughn Campbell, TE Chris Myarick, DE Breeland Speaks, OL Keaton Sutherland
Los Angeles Rams
- Waived: WR J.J. Laap, OL Blake Larson, OL Alec Lindstrom, LB Ochaun Mathis, DB Cameron McCutcheon, OL Grant Miller, LB Olakunle Fatukasi, RB SaRodorick Thompson, QB Dresser Winn
- Released: OL Matt Kaskey, DE Carlos Watkins
Miami Dolphins
- Placed on IR: WR Anthony Schwartz
New York Giants
- Waived (injury designation): DT Timmy Horne, DB Jonathan Sutherland
- Waived: WR Ayir Asante, DL Kyler Baugh, CB Christian Holmes, DB Clayton Isbell, WR John Jiles, LB Trey Kiser, RB Lorenzo Lingard, OL Marcus McKethan
- Released: CB Breon Borders, RB Joshua Kelley
Pittsburgh Steelers
- Waived: WR T.J. Luther
Tampa Bay Buccaneers
- Waived: P Nolan Cooney, DL Judge Culpepper, OL Xavier Delgado, LB Kalen DeLoach, CB Andrew Hayes, RB Ramon Jefferson, WR Cephus Johnson, OL Ryan Johnson, WR Latreal Jones, WR Tanner Knue, DL Brandon Matterson, OLB Jay Person, OLB Shaun Peterson, DL Lwal Uguak, WR Raleigh Webb, TE David Wells
- Released: TE Sal Cannella, LS Zach Triner
Buffalo’s decision to cut Jones marks a blow to his efforts in finding a roster spot on a new team. Considering the latest report on his status, however, it does not come as a surprise. The Bills dealt with a number of injuries at the linebacker spot last season and Matt Milano will miss extended time in 2024 due to a biceps tear. In spite of that, the team will look elsewhere for depth options unless Jones is retained via the practice squad later this week.