Extra Points: Panthers, Broncos, Cravens, Jets, Titans

Labeled as a frontrunner in the bidding to become the new Panthers owner, businessman Ben Navarro will make a visit to the team’s facilities next week, Joseph Person of the Charlotte Observer reports (Twitter link). Person also notes another suitor, Alan Kestenbaum, was in on Wednesday.

A vote on a new owner is expected to take place during late-May meetings in Atlanta, according to David Newton of ESPN.com, who adds a reported sale price of $2.5 billion could potentially be a bit inflated. The last franchise that was sold, the Bills in 2014, went for $1.4 billion.

According to Albert Breer of the MMQB, Navarro is already being vetted by the NFL. The South Carolina businessman is the founder of Sherman Financial, but some owners have had concerns about how Navarro made his money.

Navarro and Kestenbaum are joined by Steelers minority owner and hedge-fund billionaire David Tepper as the perceived top contenders to acquire the franchise. The reported sale price has already helped one potential suitor, Michael Rubin, withdraw his name from the running. Rubin’s group reportedly included Sean “Diddy” Combs and two-time NBA MVP Stephen Curry.

Here’s more from around the NFL:

  • Thanks to a video produced by Sports Illustrated, we have some insights into the offers received by cornerback Malcolm Butler before he agreed to sign with the Titans. Early on, the Bears pitched him on a three-year, $30MM deal while the Texans offered a one-year contract (value unknown). It seems that Tennessee greatly outbid the other suitors after signing him to a five-year, $61.25MM deal with $24MM fully guaranteed.
  • For their offseason so far, the Jets have received a grade of B- from ESPN’s Rich Cimini. Considering the team whiffed in its pursuit of Kirk Cousins, that’s not a bad grade to receive. Cimini cites, among other things, the team’s addition of Trumaine Johnson as the team’s most significant offseason signing so far.
  • Su’a Cravens, who was acquired by the Broncos from the Redskins earlier this week, told Nicki Jhabvala of The Denver Post he wanted to play for a team that wanted him. “I can tell that Denver actually wanted me on the team. It wasn’t just, ‘This is smart for our team,” he said. Cravens sat out the entire 2017 season as a member of the Redskins. “I never felt like I could be myself with the Redskins. It’s a blessing obviously to be drafted by the Redskins and I will always thank them for giving me my opportunity. But I just think after my rookie year when I had those injuries, I just felt like things kind of changed.

Eric Decker In Denver But No Visit Schedueld With Broncos

  • Former Broncos wide receiver and current free agent Eric Decker is back in Denver but for personal reasons, per Mike Klis of 9News (on Twitter), but he does not have a visit scheduled with his former employer at the moment.
  • While speaking on a podcast with ESPN’s Adam Schefter, John Elway said the Broncos still haven’t decided on the direction it’ll take with the No. 5 pick in the draft. That direction could still include the team taking a quarterback at No. 5, even after signing quarterback Case Keenum. “That’ll be wide open,” Elway said, via ESPN’s Jeff Legwold. ” … I’m betting we won’t know what direction we’re going to go until probably the day of [the first round] or the day before.”

Broncos See Cravens As Safety

  • New Broncos defender Su’a Cravens has the ability to play both safety and linebacker, but the team views him strictly as a safety, Ian Rapoport of NFL.com tweets. The Broncos acquired Cravens from Washington on Wednesday in a deal that will net the Redskins a fifth-round pick plus upgraded picks in the fourth and fifth round and a conditional sixth-round choice in 2020.

Broncos Acquire Su’a Cravens From Redskins

The Broncos have acquired strong safety Su’a Cravens from the Redskins. The deal will see a fifth-round pick (No. 163 overall) go to Washington in return (Twitter link via Mike Klis of 9News). 

Also, as part of the deal, the Broncos and Redskins will swap fourth- and fifth-round picks. The Broncos will move down from No. 109 to No. 113 in the fourth round and from No. 142 to No. 149 in the fifth round. The Redskins will also receive a sixth-round pick in 2020 if Cravens appears in a playoff game for Denver. There are a lot of components in this deal, but the Broncos are essentially acquiring a talented former second-round pick for a fifth-round choice and change.

Cravens decided late in the 2016 offseason to retire from football. The news caught the Redskins completely off guard as they were banking on Cravens to start at one of their safety spots. The youngster reversed his decision hours later, but the Redskins were still skeptical about his desire to continue playing. After a short stay on the NFI list, the Redskins parked him on the reserve/left squad list, barring him from playing in 2017.

The versatile defender was diagnosed with Post Concussion Syndrome, according to a statement released by his agent late last year, but he is now “asymptomatic and cleared to return back to all things football.” The Redskins insisted that they would not trade Cravens this offseason, but they either had a change of heart or were not being entirely truthful.

We’re not trading him,” coach Jay Gruden said just weeks ago. “I just saw that on the ticker. He’s still a member of this football team and we have every intention of seeing where he’s at. I’ll have to talk to him and see where he’s at mentally. Physically, I know he’s going to be in great shape. The big thing is, is this something that he wants to do? He has to commit to it full time. He’s a good football player, there’s no doubt about it. He’s a great kid. I’m sure it will work out for him.”

The Broncos’ faith in safeties Darian Stewart, Justin Simmons, and Will Parks led them to part ways with former Pro Bowler T.J. Ward last September. If Cravens is healthy and ready to rededicate himself to football, Simmons or Stewart could be displaced from the starting lineup with Parks pushed a bit further down the depth chart. Simmons was arguably Denver’s best safety in 2017 and he plays at strong safety, so it will be an interesting situation to watch. Cravens may also see time at linebacker, as he did in his rookie season with the Redskins.

As a rookie, Cravens tallied 34 tackles, one sack, five passes defended, and one interception. In his ten games, Cravens graded out as the league’s No. 27 linebacker, per Pro Football Focus.

Elway Gives Insight On Draft

  • Broncos general manager and executive vice president of football operations John Elway said the team doesn’t know who it plans to take with the No. 5 pick in 2018 NFL Draft, 9 News’ Mike Klis writes. “You know we’re wide open, to be dead honest with you,’’ Elway said. “Who knows how it’s all going to fall. The Jets have already moved (from the No. 6 pick up to No. 3) and there’s going to be other teams that may be moving around, too, so we’re going to go through and have those discussions. I will tell ya, it’s funny how people think they know who you’re drafting because I don’t know who we’re drafting, yet. We’re going to do our homework and eventually get there.’’ 

Contract Details: Burnett, Bodine, Williams

Let’s take a look at the most recent new contracts around the NFL:

AFC

NFC

Broncos Acquire T Jared Veldheer

The Broncos have announced the acquisition of Cardinals offensive lineman Jared Veldheer in exchange for a sixth-round pick in the upcoming draft (on Twitter). Troy Renck of Denver 7, ABC, first reported that the two sides were nearing a deal involving Veldheer and a late-round pick (on Twitter).

Veldheer, 30, is expected to step in and start at right tackle for the Broncos opposite former first-round pick Garett Bolles at left tackle. The Broncos were previously set to go with Menelik Watson at right tackle after he started the team’s first seven games there last season but was then placed on injured reserve with a calf injury.

Veldheer started 13 games for the Cardinals last season before being placed on injured reserve with a broken ankle. He’s appeared in 106 games over an eight-year career, making 101 starts. The Raiders originally selected Veldheer in the third round of the 2010 draft out of Hillsdale. He’s spent the bulk of his career at left tackle before shifting to the right side of the line last season.

The veteran offensive lineman is set to enter the final season of a five-year, $35MM deal signed with the Cardinals and is slated to have a cap hit of $10.16MM for the upcoming season. The Broncos entered the day with $21.28MM in available cap space, which ranked No. 12 in the NFL.

The addition of Veldheer helps round out the Broncos offensive line. Along with Bolles at left tackle, they’re set to return Max Garcia at left guard, Matt Paradis at center and Ronald Leary at right guard.

The deal creates $3.25MM in dead cap space for the Cardinals but does open up $6.9MM in available space. Newly-signed Andre Smith will likely take over at right tackle for the Cardinals with John Wetzel taking over as the team’s starting swing tackle. The Cardinals also helped beef up their offensive line this offseason by adding right guard Justin Pugh in free agency.

John Bowlen To Sell Part Of Broncos Back To Team

  • Although John Bowlen — son of Broncos owner Pat Bowlen — recently announced his intention to sell his minority stake in the club, he’s since agreed to sell a portion of his total ownership (which is roughly 30-35%) back to the team, according to Nicki Jhabvala of the Denver Post. John Bowlen’s decision to sell wouldn’t have necessarily affected day-to-day operations of the Broncos, as Pat Bowlen — who stepped down as principal owner in 2014 due to Alzheimer’s disease — would have still held the majority of the club and be entitled to designate one of his other children as his successor.

Dolphins To Meet With QB Brock Osweiler

We have a Brock Osweiler sighting. The quarterback will meet with the Dolphins on Thursday, according to SiriusXM’s Craig Mish (Twitter link). The news has been confirmed by Adam Schefter of ESPN.com (on Twitter). 

Osweiler’s trip to Miami marks his first free agent visit of the offseason. One has to imagine that his history with coach Adam Gase is playing a role here as the two worked together in Denver.

We ranked Osweiler as one of the 15 best quarterbacks available in free agency this year, but that was due mostly to his solid showing with the Broncos in 2015 when he filled in for Peyton Manning. His monster free agent deal with the Texans in the following year was a bust and he did very little in his four starts with the Broncos last season.

The Dolphins re-signed David Fales to serve as one backup to Ryan Tannehill, but neither he nor Brandon Doughty is assured a spot on the final roster. Osweiler could serve as the No. 2 QB on the depth chart, though he’d have to battle it out with Matt Moore if he is re-signed.

Contract Details: Jordy, Glennon, Incognito

Let’s take a look at the most recent new contracts and restructures around the NFL:

New Contracts

  • Jordy Nelson, WR (Raiders): Two years, $14.2MM. $13MM guaranteed (Twitter link via Rob Demovsky of ESPN.com).
  • Mike Glennon, QB (Cardinals): Two-year, $8MM deal contains void years in 2020 and 2021. $4MM signing bonus (Twitter link via Josh Weinfuss of ESPN.com).
  • Spencer Long, C (Jets): Four years, $27.5MM. $6MM guaranteed (link via Jason Fitzgerald of Over the Cap).
  • Jaron Brown, WR (Seahawks): Two years, $5.5MM. $2.75MM guaranteed. $1.95MM signing bonus. $750K available annually via receptions, yards, and touchdowns incentives (Twitter link via Brady Henderson of ESPN.com).
  • Christian Jones, LB (Lions): Two years, $6.35MM. $2.8MM guaranteed. $1.75MM signing bonus (Twitter link via Michael Rothstein of ESPN.com).
  • Kyle Wilber, LB (Raiders): Two years, $2.75MM. $1.4MM guaranteed (Twitter link via Adam Caplan of SiriusXM).
  • Billy Turner, OL (Broncos): One year, $2MM. $750K guaranteed. $500K signing bonus (Twitter link via Mike Klis of 9News).

Restructures

  • Richie Incognito, G (Bills): 2018 base salary reduced from $6.325MM to $3.65MM. Earned $1MM bonus. Bills created $1.675MM in cap space (Twitter link via Yates).
  • John Jerry, G (Giants): 2019 contract season eliminated. 2018 base salary reduced from $3.05MM to $1.075MM, $525K of which is guaranteed. $400K roster bonus added and paid on 3/21. Per-game roster bonuses increased from $250K to $500K (all Twitter links via Dan Duggan of NJ.com). Giants created $525K in cap space.
Show all