Colts’ Trent Cole Accepts Pay Cut
8:31am: According to Tom Pelissero of USA Today (via Twitter), Cole got a $1MM roster bonus guaranteed in exchange for accepting a pay cut, and the move saved a total of about $1.5MM in space for the Colts.
7:47am: Colts outside linebacker Trent Cole appears set to remain in Indianapolis for 2016 after the club reworked the final year of his contract to lower his base salary. According to Field Yates of ESPN.com (Twitter link), Cole accepted a salary reduction from $4.25MM to $2MM.
Cole, 33, signed a two-year, $14MM contract with the Colts last March that would have paid him $4.25MM this year, along with $1MM in prorated bonus money and up to $2MM in per-game roster bonuses. Assuming the other aspects of the deal remain unchanged, his 2016 cap hit will be trimmed from $7.125MM to $4.875MM.
In his first year as a Colt, Cole didn’t have quite the impact the team had been hoping for. While his Pro Football Focus grade was respectable – he placed 34th out of 110 edge defenders – Cole recorded just three sacks, matching a career low.
The club could have cleared more than $6MM from its cap by releasing Cole, but it seems Ryan Grigson, Chuck Pagano, and the rest of the Colts’ decision-makers saw enough from the veteran pass rusher to want to keep him around. Instead of saving $6MM+, the club creates $2.25MM in cap savings by reducing Cole’s pay.
Photo courtesy of USA Today Sports Images.
Dolphins, Jordan Cameron Rework Contract
The Dolphins will retain tight end Jordan Cameron for the 2016 season on a reworked contract, according to Armando Salguero of the Miami Herald (via Twitter). Ian Rapoport of NFL.com tweets that the agreement between the two sides involves a pay cut.
[RELATED: Dolphins agree to acquire CB Byron Maxwell, LB Kiko Alonso]
Cameron, 27, caught 80 passes and scored seven times during his Pro Bowl season in 2013, but he was slowed by injuries in 2014 during his final year in Cleveland, and posted modest numbers in his first season in Miami. Playing and starting all 16 games, Cameron recorded 35 receptions for 386 yards and three touchdowns.
Considering how his two-year, $15MM deal with Miami was back-loaded, Cameron was set to count for $9.5MM against the cap this year, and the Dolphins could have created $7.5MM in cap savings by releasing him. However, new head coach Adam Gase told reporters at the combine in February that the veteran tight end was in the team’s plans for 2016.
Since Cameron is entering the final year of his contract, any agreement that lowers his cap hit would have to involve either an extension or a pay cut, and it sounds like the two sides opted for the latter. With Cameron set to earn a $7.5MM base salary, there’s some room for the Dolphins to bring that number down, perhaps giving the tight end a chance to earn some of the money back in incentives. The specific details aren’t yet known.
Rand Getlin of the NFL Network first reported over the weekend that Cameron and the Dolphins were discussing a restructured contract.
Saints To Re-Sign Kyle Wilson
Pending free agent cornerback Kyle Wilson won’t hit the open market on Wednesday, according to Rand Getlin of the NFL Network, who reports (via Twitter) that the Saints and Wilson have agreed to terms on a one-year contract that will keep him in New Orleans.
Wilson, a former first-round pick, spent the first five seasons of his NFL career with the Jets before heading to New Orleans for the 2015 season. While he didn’t live up to expectations in the Big Apple, Wilson played well as the Saints’ third cornerback last season, picking up 27 tackles and an interception. Pro Football Focus ranked him 47th out of 111 qualified players at the position.
Despite re-signing Wilson and retaining Delvin Breaux, the Saints will likely be in the market for help at the cornerback position this offseason. The team reportedly intends to cut Brandon Browner from its roster when the new league year begins on Wednesday, after Browner ranked dead-last among PFF’s cornerback rankings in 2015.
FA Rumors: Whitehead, Clayborn, Vikings, Jags
With Kiko Alonso set to head to Miami once the trade between the Dolphins and Eagles becomes official, Philadelphia will be in the market for a new linebacker. And Eliot Shorr-Parks of NJ.com hears that the Eagles are targeting a player with whom new defensive coordinator Jim Schwartz is familiar.
According to Shorr-Parks, the Eagles have expressed interest in Lions linebacker Tahir Whitehead, who can become a free agent this week. Whitehead ranked as our top non-rush outside linebacker when we examined 2016’s top defensive free agents over the weekend, and he’d represent an upgrade over Alonso. However, he’ll also be more expensive, so we’ll see if Howie Roseman and the Eagles can make it work.
Here’s more updates on free agents around the NFL:
- Free agent defensive lineman Adrian Clayborn, who has experience playing inside and outside, is drawing interest from a few teams, according to Ian Rapoport of NFL.com (Twitter link). Rapoport identifies the Giants, Jaguars, Cowboys, and Dolphins as some of the clubs “lurking” on Clayborn.
- Chris Tomasson of the St. Paul Pioneer Press passes along a couple updates on the Vikings‘ free agent prospects, reporting (via Twitter) that the team has inquired on safety Reggie Nelson, who previously played for Mike Zimmer in Cincinnati. Tomasson adds (via Twitter) that he’s hearing offensive lineman Kelechi Osemele may be too expensive for Minnesota.
- Could defensive lineman Malik Jackson be a top target for the Jaguars this week? Mike Florio of Pro Football Talk explains why it could be a good match, noting that Jacksonville is believed to have several targets for the first wave of free agency.
- Free agent wide receiver James Jones tells Josina Anderson of ESPN (Twitter link) that he wants to keep playing for “at least three more years”
- Buccaneers safety Keith Tandy, an unrestricted free agent, has been in talks to return to Tampa Bay, and there’s a good chance he re-signs with the team within the next few days, says Greg Auman of the Tampa Bay Times (Twitter link).
Dolphins Agree To Acquire Byron Maxwell, Kiko Alonso
3:15pm: The Dolphins will be taking on Maxwell’s full contract for 2016, according to Jason La Canfora of CBSSports.com (Twitter links), who adds that the cornerback’s deal will be reworked for 2017.
2:25pm: Maxwell and Alonso have both been informed that they’re being dealt to the Dolphins, pending physicals, per Ian Rapoport of NFL.com (via Twitter). Contract work between the Dolphins and Maxwell is being finalized, tweets Armando Salguero of the Miami Herald. The deal can’t become official until the start of the new league year.
2:02pm: The Dolphins and Eagles are attempting to finalize a trade that would send Maxwell and linebacker Kiko Alonso – another Kelly acquisition – to Miami in exchange for draft-pick compensation, reports Adam Schefter of ESPN.com (via Twitter).
10:49am: The Dolphins and Eagles are discussing a trade that would send cornerback Byron Maxwell to Miami, a source tells Ian Rapoport of NFL.com, who tweets that it’s “in the works.”
Less than a year ago, Maxwell signed a six-year, $63MM contract to join the Eagles as a free agent. With Chip Kelly no longer making personnel decisions in Philadelphia this offseason, it seems the club is interested in moving on from the former head coach’s most expensive addition.
Maxwell’s contract would leave $4.8MM in dead money on the Eagles’ cap if they were to move him in a trade. For the Dolphins, it would mean taking on a fully guaranteed $8.5MM base salary for 2016, plus a partially guaranteed $10MM base salary ($3MM guaranteed) for 2017. Maxwell’s salaries for 2018 to 2020 are fully non-guaranteed.
In his first season in Philadelphia, Maxwell was underwhelming, though that impression can be attributed to the increased expectations that his huge contract brought with him. Prior to 2015, Maxwell had only made 17 career starts, and the fact that the Seahawks’ secondary also featured Richard Sherman, Kam Chancellor, and Earl Thomas certainly helped him look better. As the top option in a weak free agent class of corners, Maxwell got paid more than he should have.
If the Dolphins acquire Maxwell, the team will likely either rework his contract or make additional roster moves to help accommodate the deal. Miami is in the market for help at cornerback, with Brice McCain released and Brent Grimes and Jamar Taylor coming off unspectacular 2015 campaigns. As Armando Salguero of the Miami Herald tweets, Grimes – whose cap hit is $9.5MM in 2016 – could be affected by a Maxwell trade.
Photo courtesy of USA Today Sports Images.
Cardinals Have Interest In Bruce Irvin
One of the top free agents on this year’s market, outside linebacker Bruce Irvin, has been frequently mentioned as a target for the Jaguars and Falcons, two teams who employ former Seahawks defensive coordinators. However, according to Ian Rapoport of NFL.com (via Twitter), there’s at least one more team worth keeping an eye on.
Rapoport identifies the Cardinals as a club that likes Irvin, and Kent Somers of the Arizona Republic confirms (via Twitter) that the Cards have interest in the Seattle defender. It’s not clear yet how serious the team’s pursuit of Irvin will be — reports have suggested that he has a chance to exceed $10MM in annual salary on his next deal, and Arizona’s cap situation isn’t as conducive to a bidding war as a team like Jacksonville’s is.
While Irvin is one potential target for the Cardinals, he’s not the only pass rusher the team is eyeing. Somers reported earlier today that Arizona also has interest in Rams defensive end William Hayes. Improving the pass rush is a top priority this offseason for the Cardinals, whose most effective edge rusher, Dwight Freeney, just turned 36 years old and is eligible for free agency.
Irvin ranked sixth overall in PFR’s top 50 free agents list.
Photo courtesy of USA Today Sports Images.
Jaguars Close To Re-Signing Marcedes Lewis
The Jaguars are nearing an agreement on a new contract for tight end Marcedes Lewis, a league source tells Michael DiRocco of ESPN.com. Lewis, whose reps can talk to other teams, has never reached unrestricted free agency.
A former first-round pick, Lewis was the Jaguars’ top tight end for several years, earning a Pro Bowl nod in 2010 when he caught a career-high 58 passes and 10 touchdowns. However, in recent years, he has transitioned into more of a blocking role. In 2015, he recorded just 16 receptions, following the arrival of free agent signee Julius Thomas.
Lewis, who earned $2MM in base salary and another $400K in per-game roster bonuses in 2015, will likely be looking at a modest deal in that range this time around. GM Dave Caldwell expressed at the combine in Indianapolis last month that he wanted to lock up the veteran tight end before the new league year began, and Lewis himself has suggested that he values the fact he has spent his entire career with one team.
Photo courtesy of USA Today Sports Images.
Cole’s Latest: Harrison, Vernon, Mack, Ayers
With the NFL’s legal tampering period underway for 2016, Jason Cole of Bleacher Report has passed along several noteworthy free agent rumors. Let’s round up the highlights…
- While plenty of teams will have interest, the Titans appear to be the club most willing to meet Damon Harrison‘s asking price, according to Cole (video link). The Jets would love to retain their standout nose tackle, but given all the suitors expected to be in play, the price will be high. That may be an issue for the Jets, who have already committed $15MM+ to Muhammad Wilkerson.
- The Dolphins may ultimately decide to pull the transition tag they placed on defensive end Olivier Vernon last week, says Cole (video link). As Cole explains, if the Dolphins decide not to match an offer sheet for Vernon, the pass rusher wouldn’t factor into the compensatory pick formula for 2017, since only departing unrestricted free agents can earn teams extra picks. So if Miami senses the bidding on Vernon will be too high, the team may surrender its right to match an offer, in order to regain the $12MM+ in cap room and line itself up for a mid-round 2017 comp pick.
- Free agent center Alex Mack has generated “extensive interest” from the Falcons, per Cole (video link). Cole says the Jaguars, who signed Mack to an offer sheet in 2014, don’t have as much interest this time around, and adds that the Rams have expressed some interest, but aren’t expected to be serious contenders.
- The “rumor late last week” was that defensive end Robert Ayers was looking for $10MM per year from the Giants, tweets Cole. While it’s possible that was Ayers’ starting point in negotiations, it seems extremely unlikely that he’d actually land that kind of salary. Ayers had a strong year in 2015, but it’s the first time he had more than 5.5 sacks in a season, and he’ll be turning 31 this year.
- Cole confirms (video link) that the Raiders and 49ers will both be in the mix for the top cornerbacks on the free agent market, including Sean Smith and Janoris Jenkins.
2016 Top 50 NFL Free Agents
2016’s NFL free agents can’t officially sign with any team except their own until March 9th at 3:00pm central time, but plenty of deals could be agreed upon in principle before then, with the league’s “legal tampering” window open on March 7th at 11:00am CT. Technically, teams and players aren’t permitted to finalize agreements on contracts during that legal tampering window, but that’s often treated as a guideline rather than a hard and fast rule.
Before all of this year’s best available players start flying off the board, we’ll take a look at the top players of the 2016 free agent class. Our list of 2016’s top 50 free agents doesn’t include restricted free agents, or players who were designated as franchise players, since they’re essentially restricted free agents now as well.
Earlier, we broke down the top free agents by position on both offense and defense, but our rankings below may not have each player listed in the same order. Those position lists took the short-term value of a player into account more heavily, meaning many players in their 30s received prominent placement. Our top 50 list favors longer-term value, and is more about forecasting which players will be in highest demand this week when it comes to years and dollars.
With those caveats out of the way, let’s dive right in! Here are Pro Football Rumors’ top 50 NFL free agents for 2016, along with a few predictions on how much they might earn and what teams could be in the mix to sign them:
Steelers To Re-Sign Robert Golden
10:09am: Golden’s deal is worth $5MM for three years, Ian Rapoport of NFL.com confirms (via Twitter). That’s a nice price for the Steelers, and suggests the team views the safety more as a special teams player than a potential starter on defense.
8:25am: The Steelers have reached an agreement on a new three-year contract with pending free agent safety Robert Golden, reports Jason La Canfora of CBSSports.com (via Twitter). The Steelers have since confirmed the deal (Twitter link via Burt Lauten).
Golden, 25, has primarily been a depth piece and a special-teamer for the Steelers during his first four years in the NFL. However, he did earn three starts for the club last season, making a career-high 36 tackles to go along with nine passes defended and an interception.
Golden had been one of several Steelers defensive backs eligible for free agency this offseason, along with fellow safety Will Allen and cornerbacks William Gay, Brandon Boykin, and Antwon Blake. With Mike Mitchell set to man one of the safety spots for Pittsburgh in 2016, perhaps Golden will get the opportunity to compete for playing time as the other safety. However, that will likely depend on what else the team does this offseason to address the position.
According to La Canfora, Golden’s new deal is worth $5MM. However, based on that report, it’s not entirely clear whether Golden will be paid $5MM per year, or $5MM over the course of three years. The safety is coming off a season in which he earned $1.542MM, so $5MM over three years would represent a modest bump in his annual salary. Still, considering he saw his first extended action on defense in 2015 and played well, such a small increase in Golden’s pay would make for a very team-friendly deal.
Photo courtesy of USA Today Sports Images.








