RFA/ERFA Tender Decisions: 3/8/19

Here are today’s restricted free agent and exclusive rights free agent tender decisions:

RFAs

Second round tender:

Tendered at original-round level:

ERFAs

Tendered:

Giants To Trade Olivier Vernon To Browns

The Giants are trading Olivier Vernon to the Browns, according to Ian Rapoport and Mike Garafolo of NFL.com (on Twitter). In return, the Giants will receive guard Kevin Zeitler (Twitter link). The Giants had originally agreed to send the No. 132 pick to Cleveland, with the Browns shipping No. 155 back to New York, but the two side have since canceled that portion of the swap.

The deal gives the Browns a formidable defensive end combo between Vernon and Myles Garrett. The swap also allows the Browns to focus on other areas of need next week, rather than overpaying for valued edge rushers.

Vernon inked a massive five-year, $85MM deal with the Giants in 2016. A few years later, the Giants found themselves looking to unload him or potentially release him outright. Vernon is still productive, but he no longer profiles as one of the best edge rushers in the NFL. Even at his time of signing, his contract was a function of an inflated pass rushing market that continues to be player friendly.

Vernon is due $15.5MM in each of the two remaining years on his deal. The Browns had roughly $77MM in cap space entering Friday, but it’s not immediately clear whether the Giants will be chipping in towards what Vernon is owed. Such an arrangement is not unheard of. In the Case Keenum trade between the Broncos and Redskins, for example, the Broncos agreed to pay half of Keenum’s 2019 salary.

Vernon, 28, gave the Giants a career-high 8.5 sacks in his first season with the club. He’s continued to get to the QB with 22 sacks over the course of three years, but injuries have cost him nine games over the last two campaigns. Last year, he averaged four pressures per contest in eleven games.

The Giants, meanwhile, pick up one of the league’s best interior lineman in the trade. Zeitler was Pro Football Focus’ No. 6 ranked guard last season and is midway through a five-year, $60MM deal. The 29-year-old is set to make $10MM this season, though much of that hit will be absorbed by the Browns.

Browns Interested In WR Tyrell Williams

The Browns are expected to have interest in pending Chargers free agent receiver Tyrell Williams, sources tell Mary Kay Cabot of Cleveland.com.

Now viewed as the most intriguing receiver scheduled to hit the open market next week, Williams is expected to be highly-coveted once free agency begins. In addition to the Browns, both the Raiders and Colts are likely to pursue Williams, who could exceed $12MM annually on his next contract.

Williams, 27, first emerged as a legitimate NFL wideout in 2015. With Keenan Allen injured, Williams stepped in as Philip Rivers‘ No. 1 target, hauling in 69 receptions for 1,069 yards and seven touchdowns. Over the past two years, Williams’ volume declined as Allen re-entered the lineup and 2017 first-round pick Mike Williams began taking snaps, but he’s still remained effective. In 2018, Williams ranked 24th among 84 qualifying receivers in Football Outsiders’ DVOA, meaning he was productive on a per-play basis.

The Browns’ top three receivers in terms of playtime — Jarvis Landry, Antonio Callaway, and Rashard Higgins — should all return next season, but Cleveland could lose former first-round pick Breshad Perriman to free agency. General manager John Dorsey has held talks with Perriman’s agent, but no deal is considered close.

Browns To Meet With CB Kevin Johnson

Former Texans cornerback Kevin Johnson is a popular guy these days. After meeting with the Bills on Wednesday, he’ll head to the Browns for a visit later this week, a source tells Ian Rapoport of NFL.com (on Twitter). 

The Browns can use some help in the secondary and are looking for a cornerback to put opposite of Denzel Ward. Many have speculated that the Browns could use their No. 17 pick to address their CB need, perhaps with LSU’s Greedy Williams, Georgia’s Deandre Baker, or Washington’s Byron Murphy. Instead, the Browns could sign a veteran like Johnson, though it would make sense to stopgap him with further depth given his injury history.

Last year, the Browns’ lack of depth hurt them in the secondary after Terrance Mitchell went down with a broken wrist and E.J. Gaines was unable to stay healthy. Wanting to avoid a repeat, the Browns will want to explore reserve corners in both free agency and the draft.

I think there’s a lot of depth in this class,” GM John Dorsey said recently when asked about this year’s rookie class on the whole. “I think the strength of it is in the depth of the class. I think there are some very talented individuals with some size and actual speed. That’s why I can’t wait to watch those guys run here [at the combine].”

Browns Shopping Kevin Zeitler?

The Browns have “thrown around” the name of guard Kevin Zeitler in trade talks, Aditi Kinkhabwala of NFL.com tweets. It’s a tad surprising to hear that the Browns are exploring a Zeitler trade given his ability and the dead money cap hit that would be associated with dealing him. 

On Wednesday, the Browns released linebacker Jamie Collins to save $9MM+ in cap space versus just $2.5MM in dead money. Trading Zeitler, meanwhile, would be roughly the inverse: a savings of $1.7MM versus $10.7MM in dead cap space.

At the time of signing, the Browns’ old regime made him the highest paid guard in the NFL with a five-year, $60MM deal that was more than 50% guaranteed. The payout structure would make this release totally unpalatable for most teams, but the Browns have upwards of $80MM in cap room and could conceivably take the hit in exchange for a sizable draft haul.

If the Browns move Zeitler, they could turn to rising sophomore Austin Corbett, who was selected by John Dorsey in the second round of last year’s draft. Corbett has promise and a rookie deal that will carry a modest $1.71MM cap hit in 2019, making him an intriguing replacement.

Browns Release LB Jamie Collins

The Browns released Jamie Collins, according to a team announcement. The linebacker was due more than $10MM for 2019, an unpalatable amount given his lack of production last season. 

We want to thank Jamie for his contributions to the Cleveland Browns,” said general manager John Dorsey in a statement. “These types of decisions are never easy. Jamie is a respected veteran player in this league and we wish him the best as he continues his career.”

The Browns first tried to trade Collins, according to Ian Rapoport of NFL.com (on Twitter), but they were unable to find a taker. The Browns also tried to move Collins at last year’s trade deadline, but couldn’t get a deal done.

Of course, that’s not to say Collins is washed up. Last year, Collins registered 104 tackles and four sacks across 16 games and graded out as just the No. 58 ranked LB in the NFL, per Pro Football Focus. However, his contract made him the highest-paid traditional linebacker in the league and he has not been performing at that level.

Collins joined the Browns in a mid-season trade with the Patriots in 2016. Collins was outstanding in New England, but the Patriots were unwilling to make a sizable commitment to him as his contract was drawing to a close. He also didn’t help his case by allegedly “freelancing” on defense in order to pad his stats.

Releasing Collins will give the Browns an additional $9.25MM in cap room versus just $2.5MM in dead money. The Browns now have approximately $81MM in cap space, giving them the third-highest total in the NFL.

RFA/ERFA Tender Decisions: 3/4/19

Here are today’s restricted free agent and exclusive-rights free agent tender decisions, with the list being updated throughout the day:

ERFAs

Tendered:

Non-Tendered:

RFAs

Non-Tendered:

Browns To Tender Rashard Higgins

The Browns will tender restricted free agent Rashard Higgins, according to GM John Dorsey (via Mary Kay Cabot of The Plain Dealer). However, Dorsey did not indicate whether the Browns will employ the first- or second-round tender to cuff the wide receiver. 

[RELATED: Teams Interested In Browns’ Duke Johnson]

The first- or second-round tender will determine what pick a team would have to give the Browns if they were sign him. The first-round tender in 2019 is worth $4.407MM and the second-round tender is worth $3.095MM. It stands to reason that the second-round tender would be enough to scare away interested teams, even though this year’s wide receiver group in both free agency and the draft is underwhelming.

Higgins caught 39 passes for 572 yards and four touchdowns in 13 games. More importantly, he developed a nice rapport with rookie quarterback Baker Mayfield in the second half of the season. With Jarvis Landry entrenched in the slot, Higgins should have an opportunity to start outside next year.

Browns Notes: Collins, Johnson, Perriman

Although the Browns are not linked to a first-round quarterback for the first time in ages, this will be a pivotal offseason for a rising team. Here is the latest from Cleveland, courtesy of the Cleveland Plain Dealer’s Mary Kay Cabot:

  • It’s a near-certainty Jamie Collins will not play on an $11.75MM cap number this season. The Browns are likely going to restructure that deal or make a move to trade or release the outside linebacker, Cabot notes. John Dorsey met with Collins’ agent over the weekend, and the second-year GM characterized the highly paid ‘backer’s 2018 season as inconsistent. Collins has been the NFL’s highest-paid off-ball linebacker for nearly two years, though his deal contains no more guarantees. It would save the Browns $9.25MM by cutting Collins. Cleveland has Christian Kirksey signed long-term and has received quality play from Joe Schobert, with newcomer Genard Avery showing promise as a rookie.
  • The Kareem Hunt addition has prompted other teams to inquire about Duke Johnson‘s availability, Cabot reports. Three teams are interested in Johnson, she adds, despite the Browns’ pass-catching back coming off a down year. Johnson signed an extension in 2018, but the Browns now have Hunt in the fold to play alongside Nick Chubb. Dorsey said last month Johnson’s roster spot is not in jeopardy “yet” and confirmed he remains committed to the receiving back, as a running back, going forward. Hunt’s suspension timetable remains uncertain, but it is likely he will draw a ban longer than six games, thus keeping the need for Johnson present.
  • Dorsey has been in contact with Breshad Perriman and agent Drew Rosenhaus about a possible re-up, but Cabot adds the sides are not close on terms. Dorsey said he would “love” to have the former first-round pick, who ran a 4.25-second 40-yard dash at the 2015 Combine, back due to his speed-size combination. A constant injury risk in Baltimore before being waived last year, Perriman caught just 16 passes with Cleveland. However, he posted a 21.3-yard average as an intriguing deep threat.
  • The Browns will give Greg Robinson another chance to earn their starting left tackle job, agreeing to a second contract with the former No. 2 overall pick.

Browns Notes: McCloughan, Mayfield, Perriman

Former Redskins and 49ers GM Scot McCloughan is not working for the Browns this offseason, GM John Dorsey told reporters (via Nate Ulrich of the Akron Beacon-Journal). McCloughan hooked on with the Browns as a consultant last year and championed Baker Mayfield as the top selection in the buildup to the draft. The exec has consulted with multiple teams as a freelancer in recent years, so he may continue on that front in advance of the 2019 draft.

  • Dorsey has spoken with wide receiver Breshad Perriman multiple times at the combine (via Mary Kay Cabot of The Plain Dealer). There’s mutual interest between the Browns and the speedster, though he could garner sizable offers amidst a weak free agent class for the position. The former first-round pick caught only 16 passes for 340 yards and two touchdowns in his ten games with the Browns, but he made some big plays.
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