Minor NFL Transactions: 7/22/24
Today’s minor moves:
Baltimore Ravens
- Signed: DB Daryl Worley
- Waived: DB Tre Swilling
Detroit Lions
- Signed: OL Ike Boettger
Green Bay Packers
- Activated from PUP: OT Zach Tom
Houston Texans
- Waived-injured: WR Jared Wayne
Kansas City Chiefs
- Signed: S Tyree Gillespie
- Waived: S Trey Dean
Miami Dolphins
- Placed on reserve/retired list: LB Shaquil Barrett (story)
Minnesota Vikings
- Placed on PUP: CB NaJee Thompson
- Placed on NFI: RB DeWayne McBride
New England Patriots
- Waived-injured: LB Jontrey Hunter
New Orleans Saints
- Signed: WR Kevin Austin Jr.
New York Jets
- Signed: DB Nehemiah Shelton
Davante Adams Notes: Packers Departure, Carr, Rodgers
Davante Adams has been at the center of trade speculation throughout the offseason, although he and his agents have attempted to shoot down further rumors on that front. More has nevertheless recently been learned about the All-Pro Raiders wideout, including his arrival in Vegas and his outlook on a hypothetical trade to a third career team. 
During an appearance on Keyshawn Johnson’s All Facts No Brakes podcast, Adams touched on the lead-up to his Packers departure (video link). He said he approached Green Bay’s front office about working out an extension in the 2022 offseason as he was approaching his walk year. Uncertainty loomed over Aaron Rodgers‘ future with the franchise, but Adams was prepared to sign a long-term deal regardless.
The 31-year-old said he received an offer averaging $17MM per season – a figure notably below market value for the league’s top receivers, especially in the wake of the commitments made at the position over the past two seasons. Adams replied there was “nothing to talk about” after that point, and in March he was traded to the Raiders. That deal allowed him to reunite with former college teammate Derek Carr.
Adams confirmed during an episode of Netflix’s Receiver series (via Vic Tafur of The Athletic) Carr’s presence was a central element in his desire to play for the Raiders. Of course, the veteran passer only remained in Vegas for 2022 before being released and joining the Saints in free agency. Jimmy Garoppolo served as the Raiders’ starter last year before dealing with injuries and being benched – something Adams approved of and tied his future in the organization to.
Vegas decision-makers have repeatedly made it clear no Adams trade is being considered at this time, but Rodgers’ recent comment about anticipating a reunion has led to renewed questions. The former doubled down on his commitment to Vegas while also acknowledging a trade could send him out of Sin City. In the event that were to take place, Adams would welcome the opportunity to resume playing with Rodgers.
“I’m locked in with the Raiders, and I really feel good about this team, and as far as I know they feel good about me,” the six-time Pro Bowler told Shannon Sharpe on his Club Shay podcast (video link). “If that ever changes, if that got to a point where they weren’t feeling the same way, I ain’t done playing, so obviously we would figure out whatever we needed to figure out.”
Adams added, “if I’m gonna be reunited with anybody, it would be Aaron,” confirming he would be open to playing on the Jets in the future (while repeating that it is not a scenario he currently desires). Three years remain on Adams’ contract, but an adjustment will likely be needed after the 2024 campaign given his projected cap hits and the absence of guaranteed salaries in 2025 and ’26. Plenty could change by that point, but for now he is set to play a third Raiders campaign.
The NFL’s Eight-Figure Dead Money Hits For 2024
The NFL moved into new territory this offseason, with one Broncos decision creating a staggering gap between the most costly dead money hits and No. 2 on the all-time list. Beyond Denver’s Russell Wilson release, other teams are taking on notable dead cap hits in 2024. Here are the players who will account for more than $10MM in dead money on teams’ payrolls this year.
- Russell Wilson, QB (Broncos): $53MM
- Stefon Diggs, WR (Bills): $31.1MM
- Kirk Cousins, QB (Vikings): $28.5MM
- Haason Reddick, EDGE (Eagles) $21.52MM
- Jamal Adams, S (Seahawks) $20.83MM
- J.C. Jackson, CB (Chargers): $20.83MM
- David Bakhtiari, T (Packers): $18.15MM
- Danielle Hunter, EDGE (Vikings): $14.91MM
- Carlton Davis, CB (Buccaneers) $14.1MM
- Andrus Peat, OL (Saints): $13.64MM
- Kevin Byard, S (Titans): $13.36MM
- Mike Williams, WR (Chargers): $12.46MM
- Aaron Jones, RB (Packers): $12.36MM
- Chandler Jones, EDGE (Raiders): $12.27MM
- Mike Evans, WR (Buccaneers): $12.19MM
- Keenan Allen, WR (Chargers): $11.62MM
- Xavien Howard, CB (Dolphins): $11.41MM
- Michael Thomas, WR (Saints): $11.19MM
- Laken Tomlinson, G (Jets): $10.74MM
- Leonard Williams, DL (Giants): $10.64MM
- Arik Armstead, DL (49ers) $10.31MM
- Quandre Diggs, S (Seahawks): $10.26MM
- Byron Jones, CB (Dolphins): $10.1MM
- Maliek Collins, DT (Texans): $10MM
Months after trading for Wilson, the Broncos gave the decorated quarterback a five-year, $245MM extension. While Wilson offered something of a bounce-back effort from a shockingly mediocre 2022, Sean Payton‘s team still opted to designate him as a post-June 1 cut. Wilson’s $37MM injury guarantee, which the Broncos attempted to move in an effort that led to NFLPA involvement but no grievance, would have resulted in comparable dead money in 2025 had he remained on Denver’s roster on Day 5 of the 2024 league year and then been released next year.
The Broncos will receive a small cap credit — due to Wilson’s veteran minimum Steelers deal — in 2025, but the team will take on more than $83MM in total dead money from the release. This shatters the NFL record for dead money, which the Falcons previously held by trading Matt Ryan ($40.5MM), and the contract will remain on Denver’s books through the 2025 season. The Broncos opted to take on more dead money this year than next, separating this post-June 1 cut from most teams’ strategies.
The Bills’ decision to trade Diggs less than two years after giving him a four-year extension broke the non-QB dead money record. Unlike the Wilson matter, Buffalo will take on the Pro Bowl wide receiver’s full dead cap hit this year. Ditto Green Bay, which passed on a Bakhtiari post-June 1 designation. The Chargers will also be rid of the Allen and Williams responsibilities after 2024. The Seahawks also passed on post-June 1 designations with Adams and Diggs.
New Orleans has Thomas set to count more than $9MM in dead money in 2025 as well due to using the June 1 strategy. The Dolphins are still paying out the Jones contract from a 2023 post-June 1 designation, while Howard’s post-June 1 status will create a $15.7MM dead money penalty in 2025.
Void years created the Vikings’ Cousins cap hit. After attempting to negotiate a fourth contract with the veteran quarterback last year, the parties failing to come to terms resulted in void years being added in a restructure. The Falcons came in much higher than the Vikings were willing to go, guarantee-wise, leading Minnesota to a new QB path and significant Cousins dead money.
The Eagles also included three void years on Reddick’s contract, and the Buccaneers will eat some Evans dead money — despite re-signing the 11th-year wide receiver just before free agency — due to a void year-driven trigger before the latest contract was signed.
Minor NFL Transactions: 7/18/24
Today’s minor moves:
Houston Texans
- Reverted to IR: WR Jaxon Janke
- Reverted to NFI: OL LaDarius Henderson
Miami Dolphins
- Placed on PUP: LB Bradley Chubb, LB Cameron Goode, LB Jaelan Phillips, OL Isaiah Wynn
- Placed on NFI: RB Salvon Ahmed
New York Jets
- Placed on PUP: RB Nick Bawden, DL Leonard Taylor, WR Mike Williams
- Placed on NFI: WR Tyler Harrell, QB Jordan Travis
Seattle Seahawks
- Placed on PUP: LB Jerome Baker, CB Lance Boykin, LB Tyrel Dodson, RT Abe Lucas, S Jerrick Reed II, LB Drake Thomas, NT Cameron Young
- Placed on NFI: G Anthony Bradford, LB Easton Gibbs, CB D.J. James, CB Nehemiah Pritchett, WR Dee Williams
As a reminder, players who land on the physically unable to perform list or the non-football injury list can be activated at any time during training camp or the preseason. If players remain on either of those two lists following initial 53-man rosters, they’ll be forced to sit out the first four games of the 2024 season.
While the majority of the Dolphins’ injuries were expected, Isaiah Wynn‘s placement on PUP is a bit of a surprise. The offensive lineman continues to recover from a quadriceps injury that ended his 2023 campaign in October, but his rehab is apparently taking longer than expected. After mostly playing offensive tackle to begin his career, Barry Jackson of the Miami Herald says the former first-round pick is expected to be the “front-runner” at left guard once he’s healthy enough to see the field. Jackson also passed along that Salvon Ahmed‘s issue isn’t related to his season-ending foot injury from last season and is a result of a “minor medical issue.” The RB is firmly on the roster bubble heading into training camp.
WR Randall Cobb Open To 2024 Deal
11:10am: Cobb is in fact still open to playing this season, Mike Garafolo of NFL Network notes. His limited 2023 production makes it little surprise no market has emerged in recent months, but a change in that respect could take place as training camps open up around the league. If not, Cobb will try his hand at broadcasting this fall.
9:35am: Randall Cobb‘s playing career has come to an end. It was announced on Thursday the former Pro Bowl wideout will join the SEC Network for the 2024 campaign. ESPN’s press release on the matter notes that Cobb retired following this past season. 
Cobb entered the league in 2011 with the Packers. That began an eight-year run in Green Bay, one in which he proved to be a consistent pass-catching option for Aaron Rodgers. The Kentucky alum had his best season in 2014, racking up 1,287 yards and 12 touchdowns. That production (which was preceded by strong performances as a returner) yielded his only Pro Bowl nod.
Following the expiration of his four-year, $40MM Packers contract, Cobb took a one-year Cowboys deal. That accord saw him register a career-high 15.1 yards per catch average while posting 828 yards. The former second-rounder then landed a three-year Texans deal in 2020, but he only wound up playing a single season in Houston. A summer 2021 trade saw Cobb rejoin the Packers.
Across 25 appearances in 2021 and ’22, he logged a much smaller workload than he had in years past. Cobb nevertheless scored six touchdowns during that span while remaining a deep threat. Once Rodgers was dealt to the Jets last offseason, a wishlist of familiar faces quickly emerged. To little surprise, Cobb found himself on it.
New York inked the veteran last May, providing Rodgers with another one of his desired receiving options. Cobb made 11 appearances with the Jets in 2023, but he recorded only five receptions during that span. Now, at the age of 33, he will turn his attention away from the playing field as he transitions to broadcasting.
“I am incredibly excited to be coming home to the SEC with this new role,” Cobb said in a statement. “The level of greatness this conference provides year after year is unmatched – I cannot wait return to the conference family with this SEC Network crew.”
In all, Cobb will hang up his cleats with 178 combined regular and postseason appearances to his name. Across 13 seasons in the NFL, he amassed just over $72.5MM in career earnings.
Arthur Smith Was Not Interested In Jets Role
Earlier this week, a report named Arthur Smith as one of the coaches contacted by the Jets as part of their efforts to add a veteran offensive coach to oversee Nathaniel Hackett. Smith did not end up joining New York’s staff, though, ultimately being hired by the Steelers as their offensive coordinator. 
Mike Florio of Pro Football Talk confirms communication did indeed take place between Smith and the Jets. The 42-year-old was not interested in the opportunity, he adds. Smith’s hesitation to join Robert Saleh‘s staff stemmed in part from uncertainty regarding what his role would be, per Florio.
In the wake of the 2023 season, it was learned Saleh explored moves which would limit Hackett’s authority over the Jets’ offense. A subsequent report confirmed New York looked into hiring a coach who would outrank Hackett and thus serve as de facto OC. Smith was a target in that regard following the end of his Falcons head coaching tenure, but Florio notes his preference was the Pittsburgh offensive coordinator gig.
No other teams met with Smith prior to his Steelers hire, one which will see him return to coordinator duties for the first time since 2020. He guided the Titans’ run-first offense for two seasons, and his success in that regard put him on the head coaching track. Three straight 7-10 campaigns in Atlanta will likely leave Smith waiting for another opportunity in that regard, but in the meantime he will turn his attention to guiding Pittsburgh’s offense – a unit which is expected to rely heavily on the run game.
Scrutiny will remain high, meanwhile, as it pertains to Hackett and the Jets. The 44-year-old had a disastrous head coaching spell in Denver before his New York hire. Aaron Rodgers‘ Week 1 Achilles tear hindered the team’s offense, but improvements on that side of the ball in 2024 will likely be needed for Hackett (along with, potentially, Saleh and general manager Joe Douglas) to remain in place beyond the coming season. Without a supervisor being hired, Hackett will once again have the reins of the Jets’ offense in the absence of Smith – or a staffer of similar experience – overseeing him.
Largest 2024 Cap Hits: Defense
As veteran report dates for training camps near, NFL payrolls are largely set. Extension- and trade-related matters remain, but as far as high cap numbers go, the list will not change much between now and Week 1. After we ran down the top cap charges on the offensive side of the ball last week, here are the highest 2024 figures tied to defenders:
- Maxx Crosby, EDGE (Raiders): $30.48MM
- T.J. Watt, EDGE (Steelers): $30.42MM
- Kenny Clark, DL (Packers): $27.49MM
- Joey Bosa, EDGE (Chargers): $26.11MM
- Khalil Mack, EDGE (Chargers): $25.39MM
- Montez Sweat, EDGE (Bears): $25.09MM
- Harold Landry, EDGE (Titans): $23.8MM
- Jaire Alexander, CB (Packers): $23.49MM
- Marlon Humphrey, CB (Ravens): $22.88MM
- Tremaine Edmunds, LB (Bears): $22.44MM
- Cameron Heyward, DL (Steelers): $22.41MM
- Jeffery Simmons, DL (Titans): $21.65MM
- Daron Payne, DL (Commanders): $21.61MM
- Jonathan Allen, DL (Commanders): $21.44MM
- Minkah Fitzpatrick, S (Steelers): $21.36MM
- Vita Vea, DL (Buccaneers): $20.97MM
- DeMarcus Lawrence, EDGE (Cowboys): $20.46MM
- Quinnen Williams, DL (Jets): $20.4MM
- Grady Jarrett, DL (Falcons): $20.38MM
- Myles Garrett, EDGE (Browns): $20.17MM
- Trey Hendrickson, EDGE (Bengals): $20.17MM
- Derwin James, S (Chargers): $19.86MM
- Budda Baker, S (Cardinals): $19.03MM
- Charvarius Ward, CB (49ers): $18.4MM
- Marcus Williams, S (Ravens): $18.03MM
While a handful of quarterbacks are set to break the single-player record for cap hit — after this offseason’s $30.6MM cap spike — this year’s defensive hits do not check in on that level. Crosby and Watt are at $30MM, but those numbers do not match last year’s top defender cap hit — attached to then-Giants D-lineman Leonard Williams ($32.26MM). With Aaron Donald now in the dead money category following his retirement and Chris Jones extended, some new faces have climbed toward the top of this list.
The Raiders gave Crosby a $6MM 2024 pay bump to reward a former Day 3 pick who has unlocked another level while attached to an extension signed in 2022. Rather than greenlight a new deal for their top defender, the Raiders moved money around on his through-2026 extension to accommodate a rising market. This season now marks the highest cap hit on this Crosby contract.
Although the Chargers worked out pay-cut agreements with Bosa and Mack, both edge rushers are still among the most expensive — cap-wise — players in the league. The March reductions, however, moved Bosa’s cap number down from $36.6MM and lowered Mack’s from $38.5MM. With James tied to the second-highest 2024 safety figure, Jim Harbaugh‘s team — while clearing out costs on offense — remains among the top defensive spenders.
Two years remain on Watt’s deal, which has paid out its guaranteed money. With Nick Bosa having secured a defender-record extension and lower-production players — compared to Watt, at least — Brian Burns and Josh Allen surpassing the future Hall of Famer’s 2021 extension, a third Steelers-Watt agreement will likely be rumored soon. Heyward has expressed interest in a fourth Steelers contract, which would reduce his lofty cap figure, but the accomplished veteran has not heard much from the team’s side on this matter.
The Packers have begun talks with Clark on what would be a third extension. His current $17.5MM-per-year contract has fallen to 15th among active D-linemen. A new deal would update that figure for a reliable starter while reducing his 2024 cap hit. Despite rumors about the Pack separating from Alexander coming out in December, GM Brian Gutekunst shot down any such move associated with the league’s highest-paid corner.
Baker requested a trade last year, eyeing a deal closer to the James-Fitzpatrick level. The longtime Cardinal DB is in the final year of an extension agreed to back in 2020. Although the Cardinals are rebuilding, Baker has remained part of Jonathan Gannon‘s team. He expressed hope to stay in Arizona beyond 2024, and the Cardinals have the contract-year safety — the team’s longest-tenured starter, now that D.J. Humphries is off the roster — on the team going into his age-28 season.
Giants Outbid Jets For G Jon Runyan Jr.; Cards, Jets Pursued OL Jermaine Eluemunor
Both the Giants and Jets added multiple starters along their offensive lines in free agency. The NFC’s New York franchise was willing to spend more for one of its top targets.
A Jets offer for Jon Runyan Jr. influenced the Giants, as HBO’s Hard Knocks: Offseason documents, with familiarity nearly pushing the ex-Packers guard to reunite with Aaron Rodgers and OC Nathaniel Hackett. Because of the familiarity the three-year Packers starter carried with the Green Bay power brokers now in New York, Giants senior VP of football operations Kevin Abrams informed Joe Schoen the NFC East team would need to top where the Jets had gone for Runyan.
[RELATED: Offseason In Review: New York Giants]
The Jets ended up adding three O-line starters on the market, but before coming to terms with guard John Simpson, the team offered Runyan $9MM per year and $17MM guaranteed at signing in the early hours of the legal tampering period. The Giants, who saw injuries affect their guard setup last season, outbid the Jets by giving the second-generation NFL blocker a three-year, $30MM deal. Big Blue matched the $17MM guarantee, and the Jets soon pivoted to Simpson at two years and $12MM.
The Runyan pact took the Giants out of the market for Robert Hunt, who received an offer from the team. While the team had pegged the four-year Dolphins starter as a player worth between $13MM and $15MM per year, Hunt’s market eventually reached $20MM on average (via the Panthers). That contract did not come to pass until hours after the Giants had added their two new O-line pieces. The team gave Jermaine Eluemunor a two-year, $14MM deal shortly after adding Runyan.
Eluemunor also drew interest from the Jets, but director of football ops Ed Triggs informed Schoen the Cardinals were in on the recent Raiders right tackle. Eluemunor sought nothing more than a two-year commitment, signaling the 29-year-old blocker is eyeing another potential free agency go-round in the mid-2020s. Considering Eluemunor’s run of low-cost Raiders one-year deals, attempting to use his 2024 agreement as a springboard to another payday makes sense. Eluemunor, whose two-year Patriots tenure overlapped with Cardinals GM Monti Ossenfort‘s New England stay, ended up with the Giants after they upped their offer from $6MM to $7MM per year.
No 2025 guarantees are present in Eluemunor’s contract, a component the Giants’ offer indicated after Schoen was told the veteran did not want a three-year deal. Giants pro scouting director Chris Rossetti said Eluemunor could be a Giants starter at right tackle or left guard. Going into camp, the team is taking the latter route — in hopes former No. 7 overall pick Evan Neal finally showcases quality form at RT. As a result of the Giants’ FA process, they plan to roll out an Andrew Thomas-Eluemunor-John Michael Schmitz-Runyan-Neal starting five.
The Jets have Simpson and Alijah Vera-Tucker in place at guard, though it will be interesting to see if the team attempts to move first-round tackle Olu Fashanu into a guard role in a “best five” scenario. FA pickup Tyron Smith and trade reacquisition Morgan Moses are in place at tackle.
Following Eluemunor’s decision, the Cardinals did not end up spending much at guard in free agency, adding Evan Brown on a one-year deal worth $2.35MM. Brown is the favorite to start at left guard opposite ex-Giant Will Hernandez. Arizona did, however, allocate considerable funds to bolster its right tackle spot by agreeing to terms with Jonah Williams two days after Eluemunor chose the Giants.
Jets Sign Round 3 WR Malachi Corley, Complete Draft Class Deals
We are now down to four unsigned rookies. Entering Wednesday morning, two third-round draftees had not provided signatures on their rookie deals; that list is trimmed to one.
The Jets now have Malachi Corley under contract, according to KPRC2’s Aaron Wilson. The team agreed to terms with the No. 65 overall pick on a four-year rookie deal. The terms of the wide receiver’s pact will likely precede a near-future Cardinals agreement with the final unsigned third-rounder, running back Trey Benson.
Corley will compete for the Jets’ slot receiver post, with Xavier Gipson representing the Western Kentucky alum’s main competition during training camp. The Jets have notable plans for Corley, however, as their Day 2 investment showed. The team began making calls on potentially trading up for the mid-major product at No. 45.
Ranked in Daniel Jeremiah’s final NFL.com top 50, Corley joins Garrett Wilson and Mike Williams as the top Jets receiver investments. Corley contributed to Bailey Zappe‘s record-setting 2021 season but became a bigger part of the Hilltoppers’ offense over the past two years. He totaled 101 receptions for 1,295 yards in 2022 and added 79 grabs for 984 yards last season. Snaring 11 touchdown passes in each of those seasons, Corley earned first-team All-Conference USA in 2022 and ’23.
At 5-foot-11, 215 pounds, Corley brings a big-bodied slot profile for the Jets, who will not be nearly as dependent on ex-Aaron Rodgers Packers targets as they were in 2023. The Jets have not re-signed Randall Cobb, and after underwhelming in his debut with the team, Allen Lazard is essentially only still around due to a $22MM guarantee the team authorized. A Wilson-Williams-Corley setup may be where the Jets end up at receiver before too long, though Gipson will have a say in that trio forming.
Here is how the Jets’ 2024 draft class looks ahead of training camp:
- Round 1, No. 11 (via Vikings): Olu Fashanu (T, Penn State) (signed)
- Round 3, No. 65 (from Panthers): Malachi Corley (WR, Western Kentucky) (signed)
- Round 4, No. 134 (from Ravens): Braelon Allen (RB, Wisconsin) (signed)
- Round 5, No. 171: Jordan Travis (QB, Florida State) (signed)
- Round 5, No. 173 (from Chiefs): Isaiah Davis (RB, South Dakota State) (signed)
- Round 5, No. 176 (from 49ers): Qwan’Tez Stiggers (CB, Toronto Argonauts) (signed)
- Round 7, No. 257: Jaylen Key (DB, Alabama) (signed)
Jets Explored Adding Arthur Smith To Offensive Staff
The Jets will rely on Nathaniel Hackett as their offensive coordinator and play-caller in 2024, but his job security has been a talking point during the offseason. New York sought out a de facto Hackett replacement following his first season at the helm; more details on that front have emerged. 
One of the candidates the Jets contacted in their search for a veteran offensive mind was Arthur Smith, Dianna Russini reported on the initial episode of The Athletic’s Scoop City podcast. Smith – who was fired after the conclusion of his third season as head coach of the Falcons – may have had a role in offensive play-calling had New York followed through with a hire. Russini added quarterback Aaron Rodgers was “made aware” of the general efforts on the team’s part to supplement Hackett on the coaching staff.
After a three-year run as a non play-calling OC with Rodgers and the Packers, Hackett received his first head coaching opportunity with the Broncos in 2022. His tenure in the Mile High City lasted less than one year after a disastrous outing in charge of the team. His hire as offensive coordinator of the Jets led to high expectations upon reuniting with Rodgers, but the latter’s Week 1 Achilles tear derailed New York’s season.
The Jets finished near the bottom of the league in most offensive categories in 2023 as the team struggled to find production in the passing game in particular. Hackett – along with head coach Robert Saleh and general manager Joe Douglas received a mulligan from ownership, however. Hackett has also received public praise from Rodgers and a vote of confidence that a heathy season under center will produce the desired results on offense in 2024.
Smith’s head coaching stock was generated during his time as OC of the Titans. His Atlanta tenure consisted of three consecutive 7-10 seasons, though, and the team’s offense did not produce as expected. The 42-year-old was hired by the Steelers as their new offensive coordinator, and his experience with ground-heavy attacks could mesh well in Pittsburgh. Considering the extent to which the Jets’ offense will rely on running back Breece Hall in 2024, Smith may have also fit in as a key figure on New York’s staff.
In any event, attention will continue to be focused on Rodgers’ health and Hackett’s play-calling effectiveness as the Jets aim to rebound on offense this season. Questions about the latter’s future could intensify if New York is unable to do so, something which could prompt another search for new voices along the sidelines.
