Colts Rumors

2025 NFL Fifth-Year Option Tracker

NFL teams have until May 2 to officially pick up fifth-year options on 2021 first-rounders. The 2020 CBA revamped the option structure and made them fully guaranteed, rather than guaranteed for injury only. Meanwhile, fifth-year option salaries are now determined by a blend of the player’s position, initial draft placement and performance- and usage-based benchmarks:

  • Two-time Pro Bowlers (excluding alternates) will earn the same as their position’s franchise tag
  • One-time Pro Bowlers will earn the equivalent of the transition tag
  • Players who achieve any of the following will receive the average of the third-20th-highest salaries at their position:
    • At least a 75% snap rate in two of their first three seasons
    • A 75% snap average across all three seasons
    • At least 50% in each of first three seasons
  • Players who do not hit any of those benchmarks will receive the average of the third-25th top salaries at their position

With the deadline looming, we will use the space below to track all the option decisions from around the league:

  1. QB Trevor Lawrence, Jaguars ($25.66MM)
  2. QB Zach Wilson, Broncos* ($22.41MM)
  3. QB Trey Lance, Cowboys** ($22.41MM)
  4. TE Kyle Pitts, Falcons ($10.88MM)
  5. WR Ja’Marr Chase, Bengals ($21.82MM): Exercised
  6. WR Jaylen Waddle, Dolphins ($15.59MM): To be exercised
  7. T Penei Sewell, Lions ($19MM): Extended through 2029
  8. CB Jaycee Horn, Panthers ($12.47MM)
  9. CB Patrick Surtain, Broncos ($19.82MM): Exercised
  10. WR DeVonta Smith, Eagles ($15.59MM): Extended through 2028
  11. QB Justin Fields, Steelers*** ($25.66MM): To be declined
  12. DE Micah Parsons, Cowboys ($21.32MM): Exercised
  13. T Rashawn Slater, Chargers ($19MM)
  14. OL Alijah Vera-Tucker, Jets ($13.31MM)
  15. QB Mac Jones, Jaguars**** ($25.66MM)
  16. LB Zaven Collins, Cardinals ($13.25MM)
  17. T Alex Leatherwood, Raiders: N/A
  18. LB Jaelan Phillips, Dolphins ($13.3MM): To be exercised
  19. LB Jamin Davis, Commanders ($14.48MM)
  20. WR Kadarius Toney, Chiefs***** ($14.35MM)
  21. DE Kwity Paye, Colts ($13.4MM)
  22. CB Caleb Farley, Titans ($12.47MM)
  23. T Christian Darrisaw, Vikings ($16MM)
  24. RB Najee Harris, Steelers ($6.79MM): Expected to be exercised
  25. RB Travis Etienne, Jaguars ($6.14MM)
  26. CB Greg Newsome, Browns ($13.38MM)
  27. WR Rashod Bateman, Ravens ($14.35MM): Extended through 2026
  28. DE Payton Turner, Saints ($13.39MM)
  29. CB Eric Stokes, Packers ($12.47MM)
  30. DE Greg Rousseau, Bills ($13.39MM)
  31. LB Odafe Oweh, Ravens ($13.25MM)
  32. LB Joe Tryon-Shoyinka, Buccaneers ($13.25MM)

* = Jets traded Wilson on April 22, 2024
** = 49ers traded Lance on August 25, 2023
*** = Bears traded Fields on March 16, 2024
**** = Patriots traded Jones on March 10, 2024
***** = Giants traded Toney on October 27, 2022

Draft Notes: Cowboys, Rams, Fautanu, Legette, Texans, Colts

The Cowboys currently own pick No. 24, but like many other teams late in the first-round order they could be enticed to move down the board. When speaking about the team’s Day 1 approach, owner Jerry Jones noted the appeal of adding extra draft capital, stating it is “very likely” they could have a trade-down opportunity.

“I’m not trying to be cute there,” Jones added, offering a counter to his previous point (via The Athletic’s Saad Yousef). “Obviously we’d like to have some mid-round picks. But by the same token, Micah Parsons might be sitting there with that pick. Now, do you want to go for some more picks or do you want to snag him?”

A number of intriguing options could still be on the board for Dallas if the team remains in place. Offensive line is a known area of interest, and Graham Barton is believed to be on the Cowboys’ radar. Replacements for Tyron Smith and Tyler Biadasz are needed, and Yousef adds that – all things being equal – Dallas’ preference would be to acquire a left tackle over a center in round one. That direction would allow Tyler Smith to remain at guard.

With the draft’s opening night less than 24 hours away, here are some more notes from around the NFL:

  • The Colts are among the teams set to to pick in the teens which could be interested in a move up the board. That is also the case for the Rams, per ESPN’s Dan Graziano. 2024 marks the first year in which Los Angeles owns a Day 1 selection since 2016, but with 11 total picks the team could easily move up from the No. 19 slot. Adding a successor for Matthew Stafford under center has been floated as a first-round possibility, and Bo Nix could be a target in that instance. However, Dianna Russini of The Athletic sees such a move as unlikely (subscription required). Finding a D-line contributor to help fill the void left by Aaron Donald could be a more pressing need for the Rams.
  • Troy Fautanu is one of many offensive linemen slated to be selected in the first round, but an injury concern could hurt his stock. The Washington tackle had a knee injury flagged during the pre-draft process, as noted by Sports Illustrated’s Albert Breer. The issue is seen as one which should not cause trouble in the short term but could ultimately “[impact] his longevity” at the NFL level. Fautanu may be viewed as a tackle (rather than a guard) in the pros, and he is believed to be a target of the Jets at the No. 10 pick. It will be interesting to see if his knee causes a drop down the Day 1 order.
  • Wideout Xavier Legette recently went public with the fact the Panthers have shown an interest in drafting him 33rd overall. In response, first-year head coach Dave Canales replied he has made the same remark to “50 other guys” (h/t team reporter Darin Grant). Carolina is obviously not considering that many prospects with the team’s top selection, but Canales’ comment proves the approach is certainly not Legette-or-bust. The former Gamecock had a breakout campaign in 2023, and his size and physicality makes him one of the more intriguing prospects in a celebrated receiver class. Legette could be a first-round candidate, and the WR-needy Bills are among the teams which hosted him for a private workout.
  • Nick Caserio has a reputation for executing trades both early and late in the draft, pulling off 18 total moves during his three years at the helm of the Texans. That total includes eight trades in 2023, and ESPN’s Adam Schefter writes Caserio is “likely” to continue being active on the trade front this weekend. Of course, Houston has already been a major player in terms of pick swaps, dealing the 23rd choice to the Vikings last month. As things stand, the Texans own nine 2024 selections.
  • Colts owner Jim Irsay is recovering from surgery which addressed back and leg issues, and his mobility is presently limited as a result. That will keep him from being in the team’s draft room, as he explained to ESPN’s Stephen Holder. Irsay will still be connected virtually to the team’s decision-makers, though, meaning Indianapolis’ draft process will carry on as usual as he continues to recover.

Colts GM Chris Ballard Addresses First Round Strategy; Team Interested In Trading Up For WR?

Most of the trade-up reporting and speculation related to the upcoming draft has centered on quarterbacks, to no surprise. Teams not in need of a rookie passer could still be active in seeking a move up the board, though, and the Colts could be one of them.

Indianapolis is currently set to select 15th overall, but a trade could be in consideration. The Colts are viewed as being interested in a trade-up aimed at securing a receiver, per Jonathan Jones of CBS Sports. Likewise, ESPN’s Matt Miller reports the team has frequently been mentioned as a potential suitor for Texas wideout Xavier Worthy. Miller’s final mock draft sends the speedster to Indianapolis, albeit with no trade being involved. Owner Jim Irsay noted the team’s “great interest” in Marvin Harrison Jr. (via FOX59’s Mike Chappel), but he will no doubt be out of range.

Worthy earned plenty of acclaim by breaking the all-time 40-yard dash record at the NFL Combine, showcasing his ability as a vertical threat at the NFL level. The Colts have Michael Pittman Jr. in place for years to come atop the WR depth chart, having worked out a three-year deal this offseason which takes the place of his franchise tag. Worthy is also on the radar of the Dolphins, owners of the No. 21 selection.

Indianapolis will have plenty of non-QB options to consider on Day 1, of course, regardless of if the team moves up or down the board. General manager Chris Ballard spoke about the team’s situation during a pre-draft press conference, during which he noted all options are being considered. All teams provide smokescreens this time of year, but Ballard noted the Colts have a track record of moving both up and down the board.

“History, I just go off history,” Ballard said (via NFL.com). “And you know, the more picks you have, the better chance you have to hit. Now, of course, you’re not going to hit on all of them, but it gives you more of a chance to hit. Look, we’ve moved up, we moved up for Jonathan Taylor. When we see one that’s in striking distance that we think we can go get, we’ll do it. But it’s got to work out. And then you’ve got to have… somebody that wants to make the trade.”

The Colts own seven total picks in the 2024 draft, one in each round. The team will thus have the capital required to move up the board slightly in round one, but the possibility of adding later selections could entice Ballard. This year’s class is known to be deep at the receiver spot, and plenty of notable options will be available on Friday and Saturday. Still, Indianapolis will be a team to watch with respect to wideout interest.

QB Matt Ryan Retires

2023 saw Matt Ryan transition to the broadcast booth, a move which appeared to bring an end to his playing days. The former MVP quarterback remained open to a return to the field last season, but that is no longer the case.

Ryan announced his official retirement on Monday (video link). To no surprise, he has done so as a member of the Falcons, the organization with which he spent the first 14 years of his career. The 38-year-old spent 2022 with the Colts, but his one-and-done tenure there paved the way for his broadcasting career to begin.

The Falcons drafted Ryan third overall in 2008, and he served as the team’s starting quarterback from that point through to his final campaign in Atlanta (2021). He collected four Pro Bowl nods during that span, highlighted by the 2016 season in which he was at the helm of the league’s highest-scoring offense. The Falcons rode their success on that side of the ball to a Super Bowl appearance.

Atlanta went on to suffer an historic collapse in that game, and the team has only made one playoff appearance since. As Ryan aged, he generally remained a consistent producer but the former Offensive Rookie of the Year was unable to guide the Falcons an another deep playoff run. After facing increasing questions about his future, Ryan was dealt to the Colts in 2022.

Indianapolis viewed the Ryan acquisition as a multi-year investment, but he struggled during his run as the team’s starter (14 touchdowns, 13 interceptions in 12 games). With Frank Reich out of the picture, interim head coach Jeff Saturday benched the Boston College product; that move, in turn, foreshadowed his release last March. Ryan then lined up a deal with CBS while leaving the door open to an NFL return under the right circumstances.

After the Jets lost Aaron Rodgers to an Achilles tear in Week 1, Ryan was named as one of the veteran passers who reached out to New York about a short-term arrangement. Ryan disputed that, though, and he remained away from the game (in a playing capacity) for the campaign. Now, he can keep his attention focused on his broadcasting work while reflecting on his decorated time in the league.

“So today, 16 days after being drafted, my childhood dream has officially come to an end. I’m honored to retire as a Falcon,” Ryan’s message reads in part. “Thank you to all the Falcons fans for your continued support… While we didn’t accomplish everything we had hoped, I am proud of what we did.”

Ryan will formally exit the game as the Falcons’ franchise record-holder in several categories. In terms of all-time ranks, he sits fifth in the NFL in completions (5.551), seventh in yards (62.792) and ninth in touchdowns (381). Today’s one-day Falcons pact represents the final – and, of course, least lucrative – one of his accomplished tenure. Ryan amassed over $306MM in career earnings after inking two separate Atlanta extensions with a nine-figure total value.

“You have no control in this profession in where you start,” Ryan added. “I am so lucky that my start and my finish was here in Atlanta.”

Colts C Ryan Kelly Seeking Extension

In January, Colts center Ryan Kelly shot down speculation that he was contemplating retirement. More recently, we learned that the four-time Pro Bowler is not just looking to continue his playing career; per ESPN’s Stephen Holder, Kelly is actually hoping to sign an extension with Indianapolis.

Kelly, who will turn 31 next month, is under club control through 2024 thanks to the four-year, $50MM deal he signed in September 2020. After earning Pro Bowl acclaim that season and again in 2021, Kelly experienced a noticeable drop in play in 2022, which led to some trade rumblings last offseason.

The Colts ultimately elected to retain Kelly and were rewarded for that decision. The Alabama product was regarded by Pro Football Focus as the eighth-best center out of 36 qualifiers in 2023 and was charged with just six total pressures and one sack in 14 games, a performance that led to the fourth Pro Bowl bid of his career.

With promising second-year quarterback Anthony Richardson having missed most of his rookie campaign, and with running back Jonathan Taylor still a focal point of the Indianapolis offense, it would not be particularly surprising to see the Colts explore a way to keep Kelly in the fold beyond the upcoming season. However, talks in that regard have not yet begun, as Mike Chappell of Fox 59 passes along.

With fellow luminaries Jason Kelce and Ryan Jensen having retired, the $12.41MM average annual value on Kelly’s existing contract currently ranks fourth among the league’s active centers. Per Spotrac, Kelly could land a two-year deal worth just shy of $12MM per year if he were on the open market today, and if player and team should initiate contract negotiations in the near future, that would seem to be a fair benchmark.

At present, the Colts do not have an heir apparent to Kelly on their roster. With the 2024 draft just a few days away, that could change, and the addition of an interior offensive lineman would stand to impact Indianapolis’ plans for its ninth-year pivot.

The Colts, who currently own the No. 15 overall pick in the draft, are widely believed to be targeting a pass catcher in the first round. GM Chris Ballard, though, recently lauded the overall depth of the offensive talent in this year’s class, including the O-linemen.

“The O-line in this draft is really excellent, and there’s depth throughout,” Ballard said (via Joel A. Erickson of the Indianapolis Star). “I truly believe you’re going to get a really good player in those middle rounds, and even some later, because of the depth of the group.”

Latest On Teams Targeting WRs In First Round

We know that the Steelers have been identified as a team that could be likely to trade for a veteran wide receiver this offseason, but what about teams looking for wide receivers in the first round? A lot of focus has been placed on teams looking to draft quarterbacks, per usual, but Jason La Canfora of The Washington Post provided us with the names of a few teams targeting pass-catchers on Day 1 of the 2024 NFL Draft. La Canfora identifies the Cardinals, Bears, Colts, Bills, 49ers, and Chiefs as the likely suspects.

Some of these, we’ve heard plenty about already. At No. 4 overall, the Cardinals sit in the line of picks that are all expected to be quarterbacks, according to most mock drafts, meaning they are expected to trade down from the position. Many see them trading back to No. 6, allowing the Giants to select Daniel Jones‘ potential replacement. This would leave them in line to draft the class’s top receiver prospect, Ohio State’s Marvin Harrison Jr. This could provide Arizona with a new top receiver after the departure of Marquise Brown to Kansas City.

This would require the Chargers to pass on wide receiver, a huge position of need after watching both Keenan Allen and Mike Williams depart this offseason. While it wouldn’t be much of a surprise to see Los Angeles select Harrison, new general manager Joe Hortiz (from Baltimore) has shown an affinity for Notre Dame prospects like Ronnie Stanley and Kyle Hamilton. Combine that with the addition of new offensive coordinator Greg Roman, and connections to Notre Dame offensive tackle Joe Alt make all the sense in the world. Roman’s run-heavy offensive mentality makes tackle a bigger priority than receiver in the first round.

Wide receiver has been seen as less of a priority for the Bears after they acquired Allen in a trade from the Chargers. Still, drafting a top receiver prospect like LSU’s Malik Nabers or Washington’s Rome Odunze could give projected new quarterback Caleb Williams a strong trio of targets with Allen and D.J. Moore. Chicago could pair the draft’s QB1 with a potential WR1 as ESPN’s Matt Miller tells us that there are some teams in the NFL who see Nabers and Odunze as better prospects than Harrison. The three receivers are closer than people may think on most draft boards and their order of preference could come down to scheme and fit.

In Indianapolis, the Colts would love to bring in a first-round receiver for second-year quarterback Anthony Richardson. Josh Downs and Alec Pierce were decent options behind Michael Pittman Jr., but having a true weapon across the field could really help both Richardson and Pittman. If Harrison, Nabers, and Odunze find their way off the board by the time the Colts select at No. 15, LSU’s Brian Thomas Jr. could fall into their lap, though Odunze could still be available if nobody takes a flyer on him as the best player available regardless of position.

At the back end of the first round, wide receiver has become a big need for the Bills after they watched Gabriel Davis depart in free agency and traded away Stefon Diggs to the Texans. Khalil Shakir now leads the position room, and though the top four receivers aren’t expected to be available by the 28th pick, pairing Shakir with Texas’ Adonai Mitchell, FSU’s Keon Coleman, or Florida’s Ricky Pearsall could be productive.

As for the 49ers and Chiefs in the last two picks of the draft, San Francisco is a bit of surprise inclusion after recently paying Deebo Samuel and still currently denying that Brandon Aiyuk is available via trade. Still, if Aiyuk is potentially on the way out, taking flyer on Mitchell, Coleman, or Pearsall could work out.

As for Kansas City, they’ve tried their fair share of veteran free agent additions for Patrick Mahomes, and will do so again with the addition of Brown this offseason, as well as some draft picks in the second round or later. We’ve seen the Chiefs have success with smaller wide receivers with speed, so bringing in Georgia’s Ladd McConkey, Michigan’s Roman Wilson, or Texas’ Xavier Worthy could make a lot of sense.

Whoever doesn’t hear their name called on the first night of the draft shouldn’t have to wait too long. Dane Brugler of The Athletic’s latest mock draft showed the Panthers selecting McConkey with their first pick of the draft, which will be the first pick of the second round. If McConkey is already off the board, Wilson and Worthy offer similar skill sets.

It’s a deep class for wide receivers this year. Top prospects like Harrison, Nabers, Odunze, and Thomas are considered no-brainers as first-round picks. An early run on those four could see many of the pass-catchers behind them find their way into the first round, as well. Even so, there are nearly 20 wideouts with a projected third-round grade or better. Not only is this a wide receiver class with lots of talent up top, but talent throughout will benefit teams who need receivers but will have to target other positions of need first.

Colts TE Andrew Ogletree Removed From Commissioner’s Exempt List

Last month, domestic violence charges against Andrew Ogletree were dropped. At that time, the Colts tight end remained under investigation by the NFL, but he has been cleared to return.

During a Friday press conference, general manager Chris Ballard said Ogletree has been removed from the commissioner’s exempt list. As a result, he is back on Indianapolis’ active roster ahead of his third season in the NFL. Ogletree was arrested in December on a pair of charges: domestic violence committed in the presence of a child less than 16 years old and domestic battery resulting in moderate bodily injury.

Both of those charges were dismissed with prejudice, though, which brought an end to the 25-year-old’s legal situation. The league’s investigation continued, but in that case as well no discipline has been found necessary. Ballard added that Ogletree is taking part in the Colts’ offseason program.

Indianapolis drafted the Youngstown State product in the sixth round of the 2022 draft. Ogletree’s rookie campaign ended before it began due to an ACL tear, however. His first regular NFL action came this past season, and he made a total of 12 appearances (nine starts). In that span, he recorded 147 yards and a pair of touchdowns on nine receptions.

Ogletree is joined on the Colts’ depth chart by the likes of veteran Mo Alie-Cox and 2022 third-rounder Jelani Woods. He will spend this offseason aiming to cement a roster spot with two years remaining on his rookie pact knowing the matter which halted his 2023 season has been resolved.

Colts Extend DT DeForest Buckner

APRIL 17: The Colts are guaranteeing nearly this entire pact, which reminds of the structure the Texans authorized for Danielle Hunter. Of Buckner’s $46MM, $43.25MM is guaranteed at signing. Both Buckner’s 2024 and ’25 base salaries ($2.25MM, $13MM) are fully guaranteed, per OverTheCap.

This profiles as a great deal for Buckner, with Pro Football Talk’s Mike Florio indicating $10MM of his $13MM 2026 base salary shifts from an injury guarantee to a full guarantee in 2025. This would bump the practical guarantee in this through-2026 deal to $53.25MM. Indy used two void years for bonus proration purposes. The extension dropped Buckner’s 2024 cap number to $8.35MM, saving more than $14MM. Even with the void years, Buckner’s cap number spikes to $26.6MM in 2025.

APRIL 15: DeForest Buckner has become the latest defensive tackle to benefit from the position’s surging market. The three-time Pro Bowler agreed to a two-year, $46MM extension on Monday, ESPN’s Adam Schefter reports. The deal is now official, per a team announcement.

The past two offseasons has seen a number of defensive tackle contributors land lucrative new deals, especially ascending players at the position securing second contracts. That does not apply in Buckner’s case, but the 30-year-old has been as advertised during his time in Indianapolis. In four years since Buckner was acquired via trade, he has racked up 32.5 sacks and (in the 2020 campaign) his lone career first-team All-Pro nod.

One year remained on the former 49er’s existing deal – a four-year, $84 pact signed upon arrival in Indianapolis – and he was set to carry a 2024 cap hit of $22.75MM. Schefter’s colleague Stephen Holder notes that figure could change with Buckner now on the books through 2026, but he adds the Colts rarely elect to backload extensions such as this one. In any case, he will carry a similar cost for the next two seasons ($23MM AAV) compared to his current pact.

Buckner has missed just one game during his Colts run, and he has remained a consistent producer during his time with the team. He has made between 58 and 81 tackles each season with Indianapolis, with the latter figure (posted in 2023) representing a career high. The former first-rounder has added between 21 and 26 QB hits each year in that span, and he will be expected to remain a top producer on the Colts’ defense for the intermediate future with this new deal now in hand.

Indianapolis has been busy this offseason with respect to retaining key players on both sides of the ball. That has included new deals for the likes of cornerback Kenny Moore and safety Julian Blackmon, along with an extension for linebacker Zaire Franklin. On offense, wideout Michael Pittman Jr. saw his time attached to a franchise tag come to an end once a three-year, $70MM deal was worked out.

Along the defensive line, the Colts have also elected to return much of the core which was in place last year. Grover Stewart and Tyquan Lewis each signed new deals in March, and the former is on the books for the next three years while the latter is in place for the next two. Stewart in particular has been a key figure in the Colts’ defensive interior, serving as a full-time starter for each of the past five years. His partnership alongside Buckner is now set to continue beyond 2024.

Buckner entered Monday ranked 11th in the league in terms of annual average compensation amongst defensive tackles. Seeing a slight bump in that regard will move him back into the top 10 with this pact, one which ensures he will remain a focal point of Indianapolis’ front seven for at least the next few years.

NFL Draft Rumors: Bowers, Giants, McKinstry

Two Georgia Bulldogs expected to be first-round picks later this month were unable to perform in their school’s pro day last month. Tight end Brock Bowers and offensive tackle Amarius Mims both hosted a private workout that saw a few teams in attendance, per Albert Breer of Sports Illustrated. Neither player really performed usual pro day activities, forgoing the 40-yard dash or any jumping or agility testing. Mims didn’t even weigh in. In reality, the day saw the two go through a few position drills with Bowers running routes and Mims attempting some line drills.

Both players had tightrope surgeries during the college season to repair high-ankle sprains. They should be able to heal in time for their rookie seasons, but the recovery has kept them from participating in pre-draft activities. It doesn’t appear that the work outs did much to affect either player’s draft stock.

Tight ends coaches for the Giants, Jets, and Broncos were reportedly on hand to watch Bowers, according to Breer and Tony Pauline of Sportskeeda.com. ESPN’s Matt Miller tells us that the Colts are reportedly very interested in Bowers, as well. One of his sources claims that Indianapolis would “run the card in” if Bowers is still available by the 15th pick of the draft.

Here are a few other rumors surrounding the 2024 NFL Draft:

  • One of the teams on hand to view Bowers, the Giants could be viewing the tight end as a backup plan. Many have pegged New York as a team that could potentially attempt to move up from their No. 6 overall pick to draft a quarterback in the top four picks. As we move closer to the decisive day, though, it’s looking less and less likely. According to Miller at ESPN, the Giants are expected to stay at sixth overall (a perfect place to find Bowers) and attempt to draft a passer with their No. 47 overall pick in the second round. At that point of the draft, they expect that options like Washington’s Michael Penix Jr. and Oregon’s Bo Nix may still be available. The team still claims to be committed to starting quarterback Daniel Jones, but the veteran’s inability to stay on the field has led New York to explore options to replace him, according to Ralph Vacchiano of FOX Sports.
  • Alabama cornerback Kool-Aid McKinstry, born Ga’Quincy, has had a busy spring full of pre-draft visits. Since earlier reported visits with the Jaguars, Buccaneers, Lions, and Packers, we’ve seen reported visits with four more teams. Terry McCormick of TitanInsider.com tells us that McKinstry visited the Titans on Tuesday, and Jordan Schultz of Bleacher Report informs us of visits with the Eagles, Giants, and Falcons, as well. McKinstry and his teammate, Terrion Arnold, have been extremely popular with the several teams who view cornerback as a position of need in 2024. McKinstry’s recovery from surgery on a foot fracture continues to heal nicely as he stays on track to return in time for his rookie season, according to Ian Rapoport of NFL Network.

WR Notes: Allen, Bolts, Colts, Bills, Browns, Falcons, Jets, Panthers, Saints, Bears

Nearly dealt to the Texans, Keenan Allen will soon team with D.J. Moore on the Bears. Only Malcom Floyd enjoyed a longer WR tenure with the Chargers, who surprised Allen (per ESPN.com’s Kris Rhim) by requesting a pay cut after a 1,243-yard season (career-high 95.1 per game). The process that ended with Allen shipped to Chicago for a fourth-round pick stunned the 11-year veteran, whose camp presented the Bolts with a counteroffer that would have made the 31-year-old talent one of the NFL’s highest-paid wideouts. The team quickly rejected that proposal, Rhim adds.

Cutting Mike Williams to move under the cap, the Chargers had already restructured the deals of Joey Bosa and Khalil Mack. The team asking Allen for a pay cut despite moving well under the salary ceiling surprised the wideout’s camp, per Rhim, though the Bolts wanted more room to work in free agency. Because of a 2023 restructure, Allen was due to count more than $34MM on Los Angeles’ cap. The Bears, who paid Allen’s $5MM roster bonus shortly after acquiring him, have the six-time Pro Bowler on the books at $23.1MM. As of now, Allen is due for free agency in 2025.

Shifting to the draft, here is the latest wide receiver news:

  • The Bills and Colts are taking a close look at this draft’s fastest player. Xavier Worthy recently visited Buffalo and is now in Indianapolis for a meeting, Bleacher Report’s Jordan Schultz tweets. Blazing to a Combine-record 4.21-second 40-yard dash, Worthy is coming off a 75-catch, 1,014-yard season. The ex-Texas speedster added 12 touchdowns as a true freshman in 2021. Buffalo certainly needs receiving help, after losing Gabe Davis in free agency and trading Stefon Diggs to Houston, while Indianapolis has been Michael Pittman Jr.-dependent for a while. The Colts did see intriguing rookie-year work from Josh Downs (771 yards), but the 5-foot-8 wideout profiles as a slot player.
  • Georgia wideout Ladd McConkey has now met with the Browns and Falcons, according to NFL.com’s Ian Rapoport. McConkey has spoken with at least 14 teams, Rapoport adds. Several teams have placed a first-round grade on McConkey, who also fared well in his Combine 40 (4.39). The 5-foot-11 target took a backseat to Brock Bowers at Georgia, never eclipsing 800 yards in a season. While McConkey totaled 762 in 2022, that number came in 15 games. Debuting late because of a back injury last season, McConkey finished with just 30 catches for 478 yards. Viewed as a strong route runner with untapped potential, McConkey could be an outside or inside option for his NFL team.
  • The Jets, Panthers and Browns are among the teams to have hosted Oregon wideout Troy Franklin on a “30” visit, NFL.com’s Mike Garafolo tweets. Franklin had previously met with the Bills and Patriots. Franklin broke through for a 1,383-yard season alongside Bo Nix last year; the 6-3 target should be on the radar as a second-round pick in this deep WR class.
  • The Saints are the latest team connected to Western Kentucky target Malachi Corley, Rapoport adds. Corley will make a Saturday trip to New Orleans for a “30” visit. The Saints made an effort to trade up in last year’s first round but did not make a major investment at receiver in the draft. They have since signed Stanley Morgan and Equanimeous St. Brown, but considering the Michael Thomas release, it would not surprise to see New Orleans make a bigger move in the draft. Corley is expected to be a second-round pick.
  • Bears GM Ryan Poles has broken the front office and coaching staff into pods debating the merits of choosing a wide receiver, tackle or defensive end at No. 9, ESPN.com’s Courtney Cronin notes. This makes for an interesting behind-the-curtain look for a team that has done some work on wideouts pre-draft. Worthy, Marvin Harrison Jr., Malik Nabers and Rome Odunze appeared on Chicago’s docket of “30” visits. Odunze or Nabers being available at 9 would certainly be tempting for the Bears, though the Allen trade provides the team some flexibility following Darnell Mooney‘s free agency exit.