Transactions News & Rumors

Chargers, Rashawn Slater Agree To Extension

10:25pm: Mike Florio of NBC Sports delivered some details on Slater’s new record-setting contract. Of the $92MM in guaranteed money, $29MM comes in the form of his signing bonus. His base salaries in 2025 ($2MM) and 2026 ($11MM) are fully guaranteed, as are the $7MM roster bonuses in each year. His base salaries for the remaining years are $26MM in 2027 (guaranteed for injury at signing and fully guaranteed in March 2026), $23.29MM in 2028 ($10MM guaranteed for injury at signing and fully guaranteed in March 2027), and $20.75MM in 2029. He can also receive a $7MM roster bonus in 2029, giving Los Angeles incentive to let him play out the final year of the deal.

The deal is structured in a way that rewards Slater with the largest one-year, two-year, and four-year cash flows for an offensive lineman in NFL history. Daniel Popper of The Athletic adds that Slater’s cap hits as a result of the new contract will be $14.8MM in 2025, $23.8MM in 2026, $31.8MM in 2027, $29.09MM in 2028, and $33.55MM in 2029.

1:03pm: Rashawn Slater will not enter the 2025 campaign as a pending free agent. Talks on a Chargers extension produced an agreement Sunday.

ESPN’s Adam Schefter reports team and player have agreed to a four-year, $114MM extension. This monster pact – which is now official – includes $92MM guaranteed and makes Slater the highest-paid offensive linemen in NFL history. As a result of this pact, he is on the books with Los Angeles through 2029.

Given the Chargers’ decision to pick up Slater’s fifth-year option last spring, he was on track to collect $19.04MM in 2025. A mutual interest has long existed for a multi-year pact to be worked out, however, and after skipping OTAs the former No. 13 pick attended mandatory minicamp. Expecting to land an extension in time for Week 1, Slater was also present for the start of training camp this month. Per NFL Network’s Ian Rapoport, Slater sat out early practices while the agreement was finalized.

When Penei Sewell inked his Lions extension last offseason, he moved the bar to $28MM in average annual value. Tristan Wirfs narrowly surpassed that mark on his second Buccaneers contract, and Slater has now moved to the top of the pecking order. The 26-year-old’s AAV of $28.5MM is a new watermark for offensive linemen, and his guarantee figure – which will come into greater focus when the full structure of this pact is known, of course – far outpaces the other top earners along the O-line.

Slater has started all 51 of his regular season games with the Bolts, putting to rest questions about his arm length potentially preventing him from operating as a left tackle at the NFL level. The Northwestern product earned a Pro Bowl nod as a rookie and has rebounded from a health perspective since being limited to three games the following year. Slater finished a career-worst 17th in terms of PFF grade in 2023, but he landed a far better evaluation last season.

In 2024 – with No. 5 pick Joe Alt handling right tackle duties – Slater received a 90.9 PFF grade, good for second amongst qualifying tackles. The Chargers will be counting on that level of play continuing for the foreseeable future. Alt loomed as a potential candidate to replace Slater on the blindside starting in 2026, but today’s move ensures that tandem will remain in place for years to come.

Strength up front was, to no surprise, a key target for the Jim Harbaugh-Joe Hortiz regime when it took over last year. The Chargers now have Slater under contract long term while Alt has plenty of runway on his rookie pact. Mekhi Becton was signed in free agency after his stellar one-and-done Eagles campaign, and he will occupy the right guard spot. A rotation between left guard and center is ongoing with respect to Zion Johnson and Bradley Bozeman, but regardless of how that plays out the offensive line will again be expected to be among the league’s best in 2025.

The Bolts made the postseason in Harbaugh’s first year in charge, but a turnover-filled performance on the part of quarterback Justin Herbert resulted in a wild-card exit. If the team is to take a step forward this year, Slater will no doubt play a major role. His performance will now be measured with a record-breaking commitment on the part of the team in mind.

Cowboys, TE Jake Ferguson Agree To Extension

The Cowboys and tight end Jake Ferguson have agreed to a four-year, $52MM extension, per Ian Rapoport of NFL.com. The deal features $30MM in guarantees, including a $12MM signing bonus.

Although it was reported earlier this year that Dallas was eyeing a new deal for Ferguson, the negotiations mostly flew under the radar. In terms of average annual compensation, the contract places Ferguson seventh in the NFL’s tight end hierarchy. It also makes him the highest-paid TE in franchise history (h/t Rapoport).

Ferguson, 26, was selected by the Cowboys in the fourth round of the 2022 draft. He played in just 40% of the club’s offensive snaps in his rookie campaign, but he assumed TE1 duties in 2023, when Dalton Schultz left in free agency. As part of a prolific Dallas attack that led the league in scoring and finished fifth in total offense that year, Ferguson tallied 71 catches for 761 yards and five TDs.

Of course, 2024 was a different story. With quarterback Dak Prescott missing over half of the season due to injury, Ferguson totaled just 494 receiving yards and failed to reach the end zone. Nonetheless, Ferguson has shown he can be a productive member of a healthy and capable offense, and the Cowboys have opted to bet on that upside rather than allow the Wisconsin product to play out the final year of his rookie contract.

In addressing the extension, new head coach Brian Schottenheimer partially attributed Ferguson’s downturn in production to the TE’s own health concerns (via Jon Machota of The Athletic). Ferguson suffered a sprained MCL in Week 1 of the 2024 slate and then dealt with a concussion in the middle of the season, but those issues appear to be behind him. Schottenheimer also said Ferguson has lost weight and is moving well.

“I have zero doubts in my mind that his production will get back to where it was the year before,” Schottenheimer said. “I think last year was just kind of one of those years that you look back on your career and it was more of a fluke than anything.”

Historically, Prescott has relied heavily on his tight ends, so getting the Ferguson deal done represents a key piece of business for the Cowboys. The team remains in a holding pattern in its talks with star edge rusher Micah Parsons, and while that situation has understandably generated the most headlines, new contracts for players like Tyler Smith, DaRon Bland, and Brandon Aubrey could also be in the works.

49ers To Sign CB Eli Apple

The 49ers already entered training camp working to establish their cornerbacks group after losing Charvarius Ward and Isaac Yiadom in the offseason. The position took another hit two days ago when returning starter Renardo Green left practice early with an apparent hamstring injury, per Eric Branch of the San Francisco Chronicle. An update today from Jennifer Lee Chan of NBC Sports reported that head coach Kyle Shanahan expects that Green will be out at least until the team’s second preseason game, meaning about a two-week absence.

Down another body in the room, San Francisco moved to sign veteran cornerback Eli Apple, according to ESPN’s Adam Schefter, who was informed by Apple’s agent, Kevin Conner. Apple is now set to join his seventh NFL team as he heads into his 10th year of play. His new deal with the 49ers will be a one-year agreement.

Apple hasn’t held a full-time starting role in the NFL since his two-year stint with the Bengals ended after the 2022 season. 2023 saw Apple signed by the Dolphins around this same time of year when Jalen Ramsey suffered a knee injury in training camp. He appeared in 10 games with Miami, starting four. Last year, Apple went unsigned into the regular season and eventually signed with the Chargers after Asante Samuel Jr. went down. The cycle continues for a third year in a row as Apple lands with a team late because of an injury.

One of the reasons Apple is rarely getting long-term deals is his own injury history. Apple has never played in every game of a full season in his nine-year career. His best attempts were in the final of two years of his rookie contract (split between New York and New Orleans), in which he started and played in 30 of a possible 32 games, and his two years in Cincinnati, in which started 30 of 31 appearances out of a possible 34 games. Overall, he’s missed 30 games due to injury over the years, including most recently, the Chargers’ last six game of 2024.

Regardless, the Niners are turning to the veteran to help fill out a thin room in training camp. As it stood before the injury to Green, Deommodore Lenoir was set to start opposite Green on the outside, after spending most of 2024 in the slot. Lenoir’s nickelback role was likely to be filled by third-round Western Kentucky rookie Upton Stout, who frequented the position for the Hilltoppers last year. Behind them, free agent additions Tre Brown, Siran Neal, and Dallis Flowers added depth to the group, along with a few less-experienced incumbents like Tre Avery, Darrell Luter Jr., and Chase Lucas. Apple’s experience should help the group this summer and give him a chance to stick into the season, even after Green’s return.

In addition to adding Apple, the 49ers also saw the return to the field of wide receiver Ricky Pearsall. The second-year receiver had been placed on the active/physically unable to perform list a little over a week ago with a hamstring injury, but he’s now passed his physical and returned to practice, per Nick Wagoner of ESPN.

Minor NFL Transactions: 7/27/25

Here are Sunday’s minor transactions to close out the weekend:

Arizona Cardinals

Buffalo Bills

Detroit Lions

Green Bay Packers

  • Activated from active/NFI list: RB Amar Johnson

Kansas City Chiefs

New York Jets

Arizona is adding the brother of Stephon Gilmore after placing two cornerbacks on injured reserve earlier today. Thomas-Oliver was released by the Lions a day after suffering a hamstring injury in practice. He had returned to practice only three days ago from the active/non-football injury list.

Cardinals CB Starling Thomas Suffers Torn ACL

2:25pm: Thomas has landed on injured reserve, per a team announcement. That move confirms he will join Murphy-Bunting in missing the entire 2025 campaign. Fellow cornerback Jaden Davis – who inked a futures deal in January – is also on IR.

11:56am: Cardinals cornerback Starling Thomas suffered a torn ACL during Friday’s practice, as ESPN’s Adam Schefter reports. Thomas will likely miss all of 2025 as a result.

Thomas, 25, signed with the Lions as an undrafted free agent in 2023. He impressed in his first training camp with Detroit but was unable to make the club’s 53-man roster at the end of the summer. The Cardinals claimed him off waivers, and by the end of his rookie season, he had become a full-time starter.

He continued to operate in that capacity in 2024, appearing in a full complement of games and starting 15 of them en route to a 75% snap share. While his peformance last season was certainly an improvement on his rookie showing, he has not yet made much of an impression in terms of surface-level stats or advanced metrics.

Pro Football Focus assigned Thomas an uninspiring 60.9 overall grade (with a matching coverage grade) in 2024, which placed him 76th out of 116 qualified corners. The UAB product also surrendered a 100.6 quarterback rating and is still waiting for his first career interception. He tallied just six passes defensed in his 820 defensive snaps last year.

While ESPN’s Josh Weinfuss believes the Cardinals are well-equipped to withstand Thomas’ absence, the team was seemingly counting on him to remain a key contributor in the secondary. As Theo Mackie of the Arizona Republic writes, Thomas and second-round rookie Will Johnson were splitting reps at one outside corner spot, with 2024 second-rounder Max Melton getting the lion’s share of the looks on the opposite side.

With veteran Sean Murphy-Bunting set to miss the entire 2025 campaign as well, the Cardinals could look to the free agent market for reinforcements. The team’s CB room is comprised largely of young talent like Melton, Johnson, 2023 third-rounder Garrett Williams, 2024 third-rounder Elijah Jones, and fifth-round rookie Denzel Burke.

On the other hand, as Weinfuss suggested when Thomas first suffered the injury (video link), Arizona may feel it has enough depth even without Murphy-Bunting and Thomas in the mix.

Dolphins, S Minkah Fitzpatrick Agree To Reworked Deal

Shortly after hiring agent Drew Rosenhaus, Minkah Fitzpatrick has secured a reworked deal from the Dolphins. As ESPN’s Adam Schefter reports, Miami has added a $16.245MM signing bonus to Fitzpatrick’s thru-2026 contract, which previously contained no more guaranteed money (Schefter’s ESPN colleague, Marcel Louis-Jacques, offered a minor correction on the bonus amount, which is reportedly $16.435MM).

No years were added to the pact, so Fitzpatrick remains eligible for free agency after the 2026 season. He was previously due to earn $15.5MM in base salary in 2025, and while he was not in jeopardy of missing out on that money given that he was just acquired in the blockbuster trade that sent Jalen Ramsey and Jonnu Smith to the Steelers, the extra security and expedited cash flow is surely a welcome development.

Rosenhaus said he and Fitzpatrick are comfortable with the restructure and will continue to work towards an extension. It is nonetheless fair to wonder how anxious the ‘Fins will be to put an extension in place since they do not yet know how their former first-round pick will fare in new defensive coordinator Anthony Weaver’s scheme. Plus, despite earning Pro Bowl accolades in each of the last two seasons, Fitzpatrick was not as effective from either an advanced metrics or ball production perspective over the 2023-24 campaigns as he was earlier in his career.

The revised pact will result in a $2MM bump in 2025 pay for Fitzpatrick, per Tom Pelissero of the NFL Network. That money was moved from what Fitzpatrick was due to earn in 2026, so the 28-year-old will thus be in line for $17.5MM in 2026 and $15.6MM in 2026, and the salary-to-signing bonus mechanism (as confirmed by ESPN’s Field Yates) will result in $11MM in cap savings on this year’s ledger. That represented a key need for the Dolphins, who had just over $1MM in cap space and who now have increased flexibility to conduct in-season business.

Re-acquiring Fitzpatrick was part of Miami’s major offseason overhaul in the secondary, which will see four new starters in 2025. The club recently signed Jack Jones and Mike Hilton in an effort to address a dire cornerback situation that was exacerbated by the Ramsey departure.

Commanders WR Terry McLaurin Reports To Camp; No Extension In Place

Commanders wide receiver Terry McLaurin, who held out of the first several days of training camp as part of his effort to secure a lucrative extension, has reported to the team, per ESPN’s Adam Schefter. However, there is no new contract in place, and Washington has put McLaurin on the active/PUP list with an ankle injury.

In addressing the situation, head coach Dan Quinn said McLaurin will work off to the side with trainers to get his ankle better (via ESPN’s John Keim). It is unclear whether McLaurin will practice with the club once he has fully recovered.

While Keim notes McLaurin was dealing with an injury to the same ankle at the end of last season, multiple writers appear skeptical about the ailment. Schefter suggests McLaurin is simply engaging in a hold-in rather than a holdout, and JP Finlay of NBC Sports Washington said, “I bet [the ankle] would get better with an 8 figure check.”

Indeed, Keim confirms today’s development does not mean there has been progress towards an agreement, and player and team will continue discussions in that regard. McLaurin has not publicly indicated what he is seeking in negotiations, but Nicki Jhabvala of the Washington Post suggests his floor could be $32MM – $33MM per year. In terms of average annual value, that would place McLaurin among the top-six highest earners at the wide receiver position, though guarantees and cash flow are generally more important benchmarks.

Offering a slightly more optimistic take than Keim, ESPN’s Field Yates says McLaurin’s reporting is “maybe” a sign that the parties have bridged at least some of the gap between them. In any event, hold-ins are typically viewed as a more effective negotiating tool than holdouts, and McLaurin surely wanted to stop the accrual of daily fines that accompanied his holdout. McLaurin missed three days of minicamp and four days of training camp, pushing his fine total to $305K (via Jhabvala). He also missed out on a $500K workout bonus.

McLaurin’s age (30 in September) could make it harder for him to join younger peers like Garrett Wilson (25) and D.K. Metcalf (27), who are making between $32MM to $33MM per year on their new deals. Nonetheless, McLaurin’s importance to the Commanders is obvious, and trading the two-time Pro Bowler would surely run counter to the team’s goal of another deep postseason run.

For now, Quinn – who said he spoke with McLaurin Saturday night – is simply glad to have the franchise stalwart in the building.

“It was great,” Quinn said (via Keim). “I’m really pumped that he’s here.”

The HC added, “On the business side, [GM Adam Peters] and the guys are still working hard with Terry and his reps. While on PUP, it’s just like we do with other guys — work with the trainers to get back as soon as he can.”

In a corresponding move, the Commanders have waived Fentrell Cypress II with an injury designation. Cypress was a priority undrafted free agent in this year’s class and secured $145K in guarantees. Washington clearly did not see enough from him in spring practices or the first few days of training camp to keep him on the roster.

Vikings, S Josh Metellus Agree To Extension

Vikings safety Josh Metellus was heading into the 2025 NFL season on a contract year with a $6.54MM cap hit. According to ESPN’s Adam Schefter, the team has secured the defender long term by signing him to a three-year, $36MM extension.

Adding onto the end of his current deal, the extension keeps Metellus under contract through the 2028 season. Per Schefter, Metellus’ new deal comes with $25MM in guaranteed money and has a potential maximum value of $42MM with contract incentives.

Coming out of Minnesota’s 15-man 2020 draft class, Metellus is one of three players drafted by the team that year to still be on the roster — the other two being Justin Jefferson and backup offensive lineman Blake Brandel.

For much of his first two seasons, Metellus was a special teamer, coming off the bench for significant snaps for the first time in the final game of his sophomore campaign. He played a similar role in 2022, but three Harrison Smith absences allowed Metellus to showcase what he could contribute as a starter. He looked good in his first glimpses with the first team, catching an interception in the first start of his career.

Already, in 2022, the Vikings were beginning to see the potential and versatility Metullus offered to the defense. Most of his snaps came at safety, but he spent about 40 percent of his time on the field roaming into the box or the slot or, occasionally, lining up as an edge rusher or outside cornerback. In 2023, Minnesota made a call that it could no longer allow starters Smith and Camryn Bynum to keep Metellus off the field.

All three safeties started 17 games that season and led the team in defensive snaps played. Bynum worked most often as the deep safety, Smith split his time between the defensive outfield and the box, and Metellus roamed the slot, the box, and the edge in near equal quantities. In fact, aside from outside cornerback, where he logged 29 snaps, Metellus’ least seen position was safety (55 snaps). Playing all over the field in the first year of a two-year, $8MM extension and his first year as a full-time starter, Metellus delivered all over the field. His 116 total tackles were second to only Bynum, and he added 2.5 sacks, seven tackles for loss, 10 quarterback hits, an interception returned for 43 yards, five passes defensed, and four forced fumbles to boot.

In 2024, Metellus logged fewer starts, but his usage remained the same as he continued to share the field with Smith and Bynum in equal shares. The 2024 season saw Metellus diversify a little less, spending under 100 snaps at edge, outside corner, and safety, but he spent about half his snaps in the box and a quarter in the slot. Once again, he finished second on the team with 103 total tackles, and he logged two tackles for loss, six quarterback hits, two interceptions, five passes defensed, and one forced fumble for good measure.

In 2025, the Vikings will be without their deep safety after Bynum signed a four-year, $60MM deal with the Colts. The backups behind Metellus and Smith — Jay Ward, Theo Jackson, and Mishael Powell — are all young and inexperienced, so Metellus may be making a move back into a more traditional safety spot. Smith will likely take back a free safety role, after playing a bit more strong safety when Bynum was in the picture, while Metellus works as the primary strong safety, allowing him to drift up into the box or slot when necessary.

The idea of an extension for Metellus and outside linebacker Andrew Van Ginkel was first floating around the rumor mill in the days after the Super Bowl. Van Ginkel got his done in May, and after the team addressed an extension for tight end Josh Oliver in June, Metellus became the next focus.

Metellus had missed the first two days of practice in training camp, and while that now looks like he was pushing for an extension, head coach Kevin O’Connell assured the media that they “were being honest” about an ankle injury being the reason for his absences, per ESPN’s Kevin Seifert. Regardless, a little payday should make him feel better. He’s expected to sit out Saturday practices and return to the field on Monday under his new contract. He’s already outperformed his sixth-round draft slot and his $8MM extension; now, the Vikings will be hoping he can take another step and outperform this one, as well.

Dolphins Sign CBs Jack Jones, Mike Hilton

After a season-ending injury to Artie Burns, the Dolphins are making two veteran additions to their cornerback room.

The first is former Patriots and Raiders cornerback Jack Jones in a signing made official on Saturday, per a team announcement. Jones started 16 games for the Raiders last season and led the team with three interceptions and 16 passes defended.

The second, per ESPN’s Adam Schefter, is veteran slot corner Mike Hilton. Hilton started 23 games over the last two years as the Bengals’ primary nickel, a role he has held in both Cincinnati and Pittsburgh over the last eight seasons.

Cornerback has long been a need for Miami, even before the team traded Jalen Ramsey to the Steelers. Jones primarily plays on the boundary, where he will likely compete for a starting job, while Hilton could be the starting nickel right away if Kader Kohou moves outside. Kohou also appeared to suffer a minor injury in Saturday’s practice, per NFL Network’s Cameron Wolfe.

Jones, a 2022 fourth-rounder, began his career with the Patriots and started two games as a rookie. He was cut five games into the 2023 season after disciplinary issues in New England and claimed off waivers by the Raiders. Jones earned a starting job in Las Vegas by the end of the year and continued it into 2024 but was released by the Raiders in April, presumably as part of the roster turnover that comes with regime change.

Originally an undrafted free agent signing by the Steelers, Hilton is one of the league’s most experienced nickels. His 36 career starts don’t properly represent his contributions, as he maintained a snap share around 60% during his four years in Pittsburgh and stayed above 70% for his next four in Cincinnati. His last two seasons were arguably his best, racking up 13 passes defended and 157 tackles with a whopping 24 tackles for loss.

Hilton earned grades of 77.4 and 75.9 from Pro Football Focus (subscription required) in 2023 and 2024, respectively, his two best marks outside of his breakout rookie season. With a slew of younger corners on the roster, however, the Bengals declined to retain Hilton when his contract expired this year.

The Dolphins waived Ryan Cooper Jr. in a corresponding move to their signing of Jones. Cooper appeared in one game for the Ravens last year and finished the season on the Seahawks’ practices squad.

Minor NFL Transactions: 7/26/25

Saturday’s minor moves around the league:

Buffalo Bills

  • Signed: WR Kelly Akharaiyi
  • Placed on reserve/retired list: WR David White

Carolina Panthers

Green Bay Packers

  • Signed: CB Garnett Hollis Jr.

Houston Texans