Colts, Jeff Locke Agree To Deal

The Colts have agreed to a two-year deal with free agent punter Jeff Locke, tweets Chris Tomasson of the St. Paul Pioneer Press.

The 27-year-old Locke spent the first four seasons of his career with the Vikings, who had interest in re-signing him, according to Tomasson. He’ll instead take over for the retired Pat McAfee in Indianapolis. While McAfee was among the NFL top punters last year, Locke finished toward the bottom of the league in yards per punt and net average. However, he did rank fifth overall when it came to pinning opposing teams inside their 20-yard line.

PFR’s Dallas Robinson rated Locke as the top punter in a thin free agent class.

Ravens Re-Sign Ryan Mallett

The Ravens have agreed to re-sign backup quarterback Ryan Mallett. Ian Rapoport of NFL.com (Twitter link) first reported the news.

Ryan Mallett

Mallett also had interest from the Jets, Bears, and 49ers and was mulling opportunities with all four clubs as recently as Wednesday night, according to Dianna Russini of ESPN.com (Twitter link) On Thursday, he reached a decision.

Next season will be the third campaign in Baltimore for Mallett, who first joined the team late in 2015. Mallett had previous stops in New England, which chose him in the third round of the 2011 draft, and Houston.

The ex-Arkansas star attempted only four passes as a member of the Patriots, with whom he backed up Tom Brady, before garnering more playing time as a Texan. The 6-foot-6, 240-pounder fared poorly in Houston, though, as he completed just 53.6 percent of passes, threw five touchdowns against six interceptions, and averaged only 5.3 yards per attempt across nine appearances and six starts. His tenure there ended shortly after he overslept and missed a team charter flight.

Now 28, Mallett hasn’t been particularly effective with the Ravens in six games and two starts (59.2 percent completion rate, two TDs against three picks, and 5.7 YPA), but the team is apparently comfortable with him in a reserve role behind Joe Flacco.

Colts Could Pursue Jabaal Sheard

With a boatload of cap space at their disposal, the Colts are in position to act aggressively on the open market this year. Already linked to high-end free agents-to-be like A.J. Bouye, Dontari Poe, Nick Perry and Kevin Zeitler, the club also has genuine interest in pass rusher Jabaal Sheard, tweets Stephen Holder of the Indianapolis Star.

Jabaal Sheard (Vertical)[RELATED: Colts Trade Dwayne Allen To Pats]

Sheard, whom PFR’s Dallas Robinson ranks as the second-best edge defender in the 2017 free agent class (behind Perry), has served as a more-than-capable rusher in both Cleveland and New England during his six-year career. All told, Sheard has piled up 36 sacks, including 13 over the past two seasons with the Patriots.

Despite ranking 22nd in the NFL in quarterback hurries in 2016, Sheard endured a somewhat rocky year with the Super Bowl champions. In the midst of following an eight-sack, four-forced fumble 2015 with a five-sack, zero-forced fumble campaign, Sheard was a healthy scratch for the Patriots’ Week 11 win over San Francisco. Head coach Bill Belichick sat Sheard for performance-related reasons, though he did end up partaking in the rest of the Pats’ regular-season games and their playoff run.

Sheard is now on the verge of hitting free agency for the second time since 2015, when he landed a two-year, $11MM deal. In Indianapolis, he’d figure to bolster a pass rush that tied for 19th in the league in sacks and finished dead last in hurries in 2016.

Dolphins Re-Sign Kenny Stills

The Dolphins announced that they’ve re-signed their top impending free agent, wide receiver Kenny Stills. Stills will reportedly receive a four-year, $32MM pact with $20MM in guarantees.

Kenny Stills (vertical)

Miami was among at least three teams – including the Bears, tweets Adam Jahns of the Chicago Sun-Times – in negotiations with Stills. A contract worth around $12MM per annum seemed like a possibility as of late February for Stills, but he’ll fall well short of that level.

Stills’ decision to eschew free agency in favor of a deal with the Dolphins has taken PFR’s third-ranked player off the board the night before the market opens. The 6-foot-1, 194-pounder earned that lofty position on the heels of a 42-catch, 726-yard, nine-touchdown season, his second with the Dolphins. Since entering the NFL as the Saints’ fifth-round pick in 2013, the field-stretching Stills has appeared in 63 of a possible 64 games, made 41 starts (including every Miami contest last year) and averaged 41 receptions, 685 yards and five scores per season.

Looking ahead to the 2017 campaign, Stills will join fellow receivers Jarvis Landry and DeVante Parker – and a prominent newcomer, tight end Julius Thomas – as Miami’s best weapons in the passing game. Landry’s scheduled to become a free agent in a year, so having Stills and Parker under control beyond then will give quarterback Ryan Tannehill and head coach Adam Gase at least two capable wideouts for the foreseeable future.

With Stills now off the board, Alshon Jeffery and Terrelle Pryor undoubtedly stand as the top two unsigned receivers entering free agency. Stills is third high-profile receiver who has left the list Thursday, as Pierre Garcon (49ers) and Brandon Marshall (Giants) previously agreed to deals.

Freelance reporter Rand Getlin (Twitter link) first reported Stills had re-signed with the Dolphins. Ian Rapoport of NFL.com tweeted the length and financials of the contract. Photo courtesy of USA Today Sports Images.

Ravens Trying To Re-Sign Williams, Mallett

As of earlier Wednesday, it appeared impending free agent defensive tackle Brandon Williams was definitely on his way out of Baltimore, but that’s not the case, tweets Jeff Zrebiec of the Baltimore Sun. The Ravens are still working to re-sign Williams before the market opens Thursday.

Brandon Williams (Vertical)[RELATED: Ravens To Sign Tony Jefferson]

The 28-year-old Williams has so far spent his entire career with the Ravens, who selected him in the third round of the 2013 draft. Williams has been durable, having appeared in 16 games in each of the past three seasons, and productive. In addition to piling up 16 starts for the second straight year, he ranked as Pro Football Focus‘ 39th-best D-tackle among 127 qualifiers last season.

Along with Williams, the Ravens are attempting to re-up a lower priority free agent-to-be in quarterback Ryan Mallett, according to Jason La Canfora of CBS Sports (Twitter link). After stints with New England and Houston, Mallett joined the Ravens late in the 2015 season and served as Joe Flacco‘s primary backup last year. In six appearances (two starts) with Baltimore, the 28-year-old has posted a 59.2 percent completion rate, two touchdowns against three interceptions, and 5.7 yards per attempt.

 

Ravens To Sign Tony Jefferson

A year after signing safety Eric Weddle, the Ravens are set to make another splash at the position in free agency. The club will sign Tony Jefferson, report Adam Schefter and Dianna Russini of ESPN (Twitter link).

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Jefferson is the second big-name defender who has agreed to depart the Cardinals this evening, joining soon-to-be Jaguar Calais Campbell. The safety’s decision to sign with the Ravens came in spite of a better offer from the AFC North rival Browns, tweets Ian Rapoport of NFL.com. The Jets also had interest in Jefferson, per Rich Cimini of ESPN.com (Twitter link), but Weddle helped convince him to head to Baltimore, according to Mike Garafolo of NFL.com (via Twitter).

Jefferson hit clubs’ radars in the wake of a season in which he logged career bests in tackles (92), starts (14) and sacks (two). Although Jefferson failed to intercept a pass last year, and has recorded only two picks in four NFL seasons, he’s known for his line-of-scrimmage prowess and managed to rank an outstanding fifth in performance among Pro Football Focus’ 89 qualified safeties. He also rated as our 11th-best free agent and top safety.

The addition of an in-his-prime Jefferson, 25, is a boon for the Ravens, but not for one of their other safeties, Lardarius Webb. The team is now primed to release him and pick up $5.5MM in cap room, according to Jamison Hensley of ESPN.com. Interestingly, PFF liked the 15th-ranked Webb’s play nearly as much as it did Jefferson’s last season. However, at 31, Webb is the far older of the two. To this point, he has spent his entire eight-year career in Baltimore, where he has amassed 111 appearances, 82 starts and 13 interceptions. Webb started all 16 of the Ravens’ games last year.

Packers, Falcons In Mix For Nick Perry

While Nick Perry could be the best edge rusher set to hit the open market Thursday, the Packers would like to keep him from leaving Geen Bay, according to Tom Silverstein of the Milwaukee Journal Sentinel (via D. Orlando Ledbetter of the Atlanta Journal-Constitution, on Twitter). They’re going to face competition, though, including from the Falcons, per Ledbetter.

"<strong[RELATED: Falcons To Lock Up Desmond Trufant]

Atlanta’s at least the third non-Packers team involved in the Perry sweepstakes, joining the Colts and Jets. As such, Perry should be in line for a better deal than the one-year, $5MM pact he inked with the Packers last March. Perry was then a player who had largely disappointed during his first few NFL seasons, leading Green Bay to decline the 2012 first-round pick’s fifth-year option for 2016.

In his latest action, Perry broke out as a 26-year-old and picked up career highs in starts (12), sacks (11) and tackles (52). Perry entered the year with only 16 starts and 12.5 sacks across 46 appearances.

For the Falcons, adding the 2016 version of Perry (if his most recent output doesn’t prove to be a fluke) would provide a complement to Vic Beasley and be a boon to a defense that ranked a middling 16th in the league in sacks last season. Further, although the Falcons advanced to the Super Bowl, they finished toward the bottom of the league in total defense (26th), defensive DVOA (27th) and points allowed (27th).

Micah Hyde Likely To Leave Packers

The Packers met with defensive back Micah Hyde‘s agent at the combine last week, but it doesn’t appear that a deal will materialize before free agency opens Thursday. As a result, Hyde is likely to hit the open market, reports Rob Demovsky of ESPN.com.

Micah Hyde[RELATED: Hyde Among PFR’s Top 50 Free Agents]

Hyde has spent his entire four-year career in Green Bay, though its interest in bringing him back for a fifth season doesn’t seem all that high. The team hasn’t even made Hyde an offer, according to Demovsky. If the 26-year-old’s career with the Packers is over, it’ll end with 63 regular-season appearances out of a possible 64, 33 starts, eight interceptions, five forced fumbles and four sacks.

Hyde is coming off a 16-game, 11-start season, in which he tied a career high with three picks and ranked a decent 53rd among Pro Football Focus’ 112 qualified cornerbacks. Hyde also has experience at safety, so his track record of versatility, productivity and durability should enable him to land an appreciable raise over his $1.671MM base salary from 2016. Indeed, Ian Rapoport of NFL.com tweets that Hyde has “strong offers” from two other clubs.

Bills Prioritizing Lorenzo Alexander Deal

On the heels of his stunningly excellent 2016 campaign, the Bills aren’t ready to watch linebacker Lorenzo Alexander depart in free agency. The team is prioritizing re-signing Alexander and “working hard” to lock him up, tweets Ian Rapoport of NFL.com.

Lorenzo Alexander

Alexander settled for a minimum salary benefit deal with the Bills in free agency last spring, when he was a special teams-first journeyman who had racked up only 9.5 sacks in his first nine NFL seasons. But Alexander broke out last season in Buffalo, where he accumulated 76 tackles, 12.5 sacks, three forced fumbles and an interception across 16 starts en route to second-team All-Pro honors and the only Pro Bowl berth of his career.

The first real defensive success of Alexander’s career came under the Bills’ previous head coach, Rex Ryan, whom they fired with a week left in the season. Buffalo has since replaced Ryan with another defensive-minded coach, Sean McDermott, but the team clearly regards Alexander as a player capable of thriving in its new system.

If the Bills prevent Alexander from hitting the market, it would remove yet another quality edge rusher from a thinning class of free agents. PFR’s Dallas Robinson ranks Alexander as the fifth-best rusher available, and the defender’s agent, Peter Schaffer, expects him to garner anywhere from $5MM to $10MM per year on his next deal.

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Photo courtesy of USA Today Sports Images.

Chargers Likely To Pursue Russell Okung

While the Broncos would like to bring back left tackle Russell Okung, an AFC West rival could get in the way. The Chargers are likely to show “strong interest” in Okung when free agency opens Thursday, reports Mike Klis of 9News (Twitter link). Signing Okung would probably lead to the release of the Chargers’ current blindside starter, King Dunlap, tweets Michael Gehlken.

Russell Okung (Vertical)

The Chargers are the latest of several teams in the chase for Okung, who can’t talk to clubs during the legal tampering period because he doesn’t have an agent. However, there’s a belief among some teams and agents that the Bolts have been in contact with Okung’s advisor, former agent Jimmy Halsell, writes Mike Florio of Pro Football Talk. If true, the Chargers would be in violation of the NFL’s tampering rules.

Okung previously negotiated his own contract last offseason, when he left Seattle for Denver, but his four-year, $48MM deal with the Broncos came with an escape clause for the team after 2016. The Broncos took advantage of it and will try to bring him back at a lesser cost. Okung, to his credit, posted the first 16-start season of his seven-year career with the Broncos. The 29-year-old didn’t play at an especially high level, though, as Pro Football Focus ranked his performance a middling 38th among 78 qualified tackles.

The site was less kind to Dunlap, whom it rated 53rd. The 31-year-old is coming off his second straight injury-shortened campaign, having combined for 19 appearances (12 last season) since 2015. A four-year Charger, Dunlap has started in all 46 of his appearances with the club. If done as as a pre-June 1 designation, cutting Dunlap would save the Bolts $4.875MM and leave with $3.25MM in dead money.