Jaguars GM James Gladstone Addresses Brian Thomas Jr. Trade Speculation
As the opening days of the new league year unfolded, Brian Thomas Jr.‘s name was once again mentioned in trade speculation. Follow-up reporting stated the Jaguars do not intend to deal the third-year wideout, something general manager James Gladstone has since confirmed. 
Gladstone described rumors about a Thomas trade as “fraudulent”, adding, (via NFL.com) “there hasn’t been a ton of dialogue around that front as teams check in simply because it seems like — I know the word reputable came up earlier — I don’t think there’s been any reputable statement. We don’t have any real action on any of those fronts.”
Gladstone confirmed no offers have been made at this point. Indeed, NFL Network’s Cameron Wolfe reports (video link) a recent call made by an AFC team “went nowhere” with respect to trade talks. Thomas was the subject of interest leading up to the 2025 trade deadline, but no deal was made. His rookie contract runs through 2027 with a fifth-year option covering 2028 needing to be made next spring.
Thomas enjoyed a stellar rookie campaign, racking up 1,282 yards and 10 touchdowns. The Jaguars were successful overall during the first year with Gladstone and head coach Liam Coen in place, but Thomas himself saw his production (albeit not his efficiency with a 14.7 yards per catch average) suffer a drop. Upon returning to full health, Travis Hunter is on track to be used primarily as a cornerback. That will leave Thomas, Jakobi Meyers – who landed a three-year, $60MM deal after a strong post-trade showing in Jacksonville – and Parker Washington atop the full-time WR depth chart.
The Jags ranked 12th in the NFL in passing in 2025, leaving plenty of room for improvement moving forward. The team’s efforts to build off a 13-4 campaign could include a heavy reliance on Thomas, 23, next season. As the offseason market continues to take shape, the possibility of other offers in this case will of course remain. Based on the latest Thomas updates, though, a swap would come as a surprise.
NFL Restructures: Broncos, Bosa, Burns, Granderson, Tranquill
Teams around the NFL have been engaging in their usual financial gymnastics to create enough cap space to sign new players – or for some – simply retain the ones already under contract.
The Broncos restructured Quinn Meinerz‘s deal earlier in the week to ensure they were compliant with the 2026 salary cap by the start of the new league year on Wednesday. But with more than a dozen signings – including multi-year pacts with Alex Singleton, J.K. Dobbins, and Adam Trautman, plus a second-round restricted free agent tag signed by Ja’Quan McMillian – Denver needed to free up more cap space.
To do so, they completed a restructure of outside linebacker Jonathon Cooper‘s contract, per Luca Evans of the Denver Post. His salary was reduced to the veteran minimum with $10.2MM converted into a signing bonus that was prorated across the remaining five years of the contract, which includes two added void years. Cooper’s 2026 cap hit dropped by $8.2MM to $5.78MM as a result, with $17.55MM cap hits now scheduled for 2027 and 2028, per OverTheCap.
The Broncos also altered the contract of guard Ben Powers. He was set to earn a $500k roster bonus on Sunday, but that has instead been moved into his base salary for the season, according to Chris Tomasson of the Denver Gazette.
Powers was viewed as a potential cap casualty entering the final year of his deal, but the team affirmed their commitment to him before free agency. However, this move – pushing a financial obligation months into the future – indicates that Denver may still be open to moving on the seven-year veteran after re-signing Alex Palczewski at the beginning of the month.
Here are some other recent restructures from around the NFL:
- The 49ers restructured defensive end Nick Bosa‘s contract to clear $17.7MM in salary cap space, per Jason Fitzgerald of OverTheCap. Like Cooper, his salary was reduced to the veteran minimum by converting $21.465MM to a signing bonus and prorating it across the four remaining years of the contract plus one new void year. His cap hits in each of those seasons has risen by $4.293MM as a result.
- The Giants also restructured a starting edge rusher, like the Broncos with Cooper and the 49ers with Burns, though they did not add any void years to his deal to maximize the cap savings from the move. $22.75MM of Brian Burns‘ 2026 salary was converted to a signing bonus and prorated across the remaining three years of the contract. The move yields $15.16MM in cap savings this year, though ESPN’s Jordan Raanan notes that the money is for “operating funds” – such as contracts for the upcoming draft class – as opposed to another major free agency signing. Burns will now have cap hits of just over $44MM in 2027 and 2028, which will likely cause the Giants to explore another extension next offseason to reduce those obligations.
- Chiefs linebacker Drue Tranquill accepted a pay cut in the last year of his contract, per NFL Network’s Mike Garafolo. He was previously due a non-guaranteed salary of $6MM; now, he will make $3.5MM with $3MM of his guaranteed. The deal ensures Tranquill will remain in Kansas City in 2026, his fourth season with the team.
- The Saints already began their annual tradition of restructuring most of their top contracts to become cap-compliant before the start of the new league year, and they added another to the ledger this week with an edge rusher of their own. Carl Granderson‘s $2MM roster bonus and $9.45MM of his 2026 salary was converted into a signing bonus and prorated across the remaining four years of the contract, per Fitzgerald. Interestingly, the Saints, who have been one of the NFL’s most aggressive teams in terms of using void years, did not add another void year to Granderson’s deal (which already contained two) to maximize their cap savings, according to ESPN’s Katherine Terrell. As a result, his 2026 cap hit was reduced by $8.59MM, creating a $20.924MM cap hit in 2027.
Bengals Pursued John Franklin-Myers, Osa Odighizuwa Before Jonathan Allen Signing
The Bengals have not had a game-changing defensive tackle since Geno Atkins‘ retirement in 2020, a problem they set out to solve this offseason. That made them willing to give Jonathan Allen a two-year, $26MM contract despite his lack of high-end production in the the last two seasons.
The level of interest Allen received from other teams is unknown, but it is worth noting that he was still owed $8MM in guaranteed salary from his last deal in Minnesota. That would have allowed another club to sign him for a veteran minimum contract with the Vikings still paying out those guarantees this year, but Cincinnati came in with a much bigger offer.
Their determination to land the two-time Pro Bowler came after failed pursuits of John Franklin-Myers and Osa Odighizuwa, per Paul Dehner Jr. of The Athletic, with the former signing in Tennessee and the latter heading from Dallas to San Francisco for the Cowboys’ third-round pick.
The Titans’ offer to Franklin-Myers of a three-year, $63MM (and a reunion with Robert Saleh) was hard to beat, especially given a strong guarantee structure, the likes of which the Bengals have historically been hesitant to match.
Instead, Cincinnati pivoted to Odighizuwa, who has been a consistent but not dominant interior disruptor in his career. His deal had three years and $57.75MM remaining (with no guarantees), making him a cheaper proposition than Franklin-Myers who could easily be moved again if the acquisition did not pan out. But it would also require a draft pick to get him – as it turned out, a third-rounder – and the Bengals were not willing to outbid the 49ers for Odighizuwa’s services. San Francisco offered a third-round pick (No. 92 overall) to Dallas, an offer that Cincinnati could have easily bested with their own third-rounder at No. 72 overall.
The Bengals declined to do so and swooped in to sign Allen shortly after he was released by the Vikings at the start of the new league year. Dehner notes that Cincinnati did not look into Javon Hargrave, who left Minnesota at the same time, instead focusing in on Allen as the solution to their lack of interior disruption in the defensive trenches.
Cardinals To Sign WR Devin Duvernay
The Cardinals released quarterback Kyler Murray earlier this week, but now they are signing one of his relatives. The team has agreed to a one-year, $2.5MM deal with wide receiver/returner Devin Duvernay, per veteran insider Jordan Schultz. Murray and Duvernay are first cousins.
A third-round pick in 2020, Duvernay is already joining his fourth team. The former Texas Longhorn spent 2020-23 with the Ravens before one-year stints with the Jaguars and Bears. Duvernay went to two Pro Bowls and earned a first-team All-Pro selection for his work as a return man in Baltimore. The 28-year-old has averaged a strong 11.8 yards per punt return and taken back two kickoffs for touchdowns across six seasons in the NFL.
While Duvernay has impressed on special teams, his offensive impact has dropped off in recent years. He opened his career with three straight seasons of at least 20 catches, including a career-high 37 in 2022. Duvernay also logged personal bests in targets (49), yards (407) and receiving touchdowns (three) that year. Since then, though, Duvernay has combined for just 17 catches and 123 yards over three seasons and 43 games. He caught two passes for 26 yards with the Bears in 2025, his first 17-game campaign.
During his only season in Chicago, Duvernay ranked fifth in the league in kickoff returns (40) and yards (1,069). He also averaged 11.0 yards on 21 punt returns. Duvernay may end up as the top return option in Arizona, where he could replace Greg Dortch. Although Dortch was the Cardinals’ leading returner in 2025, the team has not re-signed the unrestricted free agent.
Ravens Still Hoping For Lamar Jackson Extension
The Ravens made it clear their goal was to extend quarterback Lamar Jackson before the start of the new league year, and when that didn’t happen, they were forced to restructure his contract in order to avoid a massive $74.5MM cap hit. General manager Eric DeCosta informed the media this week that, even though the team ran out of time to get an extension done, “they are still hopeful to reach an agreement,” per Jeff Zrebiec of The Athletic. 
This was always going to be the battle in Baltimore after they reached their first extension agreement with Jackson on a five-year, $260MM deal in 2023. While still substantial, Jackson’s cap hits in the first three years of the new deal were more manageable at $22.15MM in 2023, $32.4MM in 2024, and $43.5MM last year. The cap hits were then scheduled to jump to $74.5MM in the final two years of the deal, forcing the Ravens front office to either come back to the table for a potential extension or allow a single player to represent nearly a quarter of their cap space.
The first time the two parties underwent extension discussions, things got fairly dicey. The two-time MVP represented himself, as he still does to this day, and after Baltimore placed the non-exclusive franchise tag on him, in an effort to let the open market determine his value with an intention to match, Jackson requested a trade, intimating that the team was not interested in meeting the value he had placed on himself. For most of two months, it seemed a resolution was out of reach and the situation was irreconcilable, until an extension was announced on the first day of the 2023 NFL Draft, showing that the Ravens would be making Jackson the highest-paid player in NFL history with the highest signing bonus ($72.5MM) in NFL history at that time.
The biggest sticking point that prevented an agreement from being reached for so long was Jackson’s desire for a fully guaranteed contract. Previously seen done reasonably by the Vikings in 2018 for Kirk Cousins on a three-year, $84MM deal, the Browns seemingly ruined the party for everyone in 2022, when they did the same for Deshaun Watson on a record-setting five-year, $230MM contract. Knowing now that NFL owners were found by an arbitrator to have colluded to reduce the locked in compensation on player contracts and avoid fully guaranteed deals, there’s belief that this played a hand in the rocky negotiations between Jackson and Baltimore.
It’s unclear if Jackson will be pursuing another fully guaranteed deal as negotiations continue, but there was a sense that the Bills laid out the groundwork for the Ravens to follow when they extended their own MVP quarterback, Josh Allen, in the last offseason. Allen’s deal reflected a lot of what the Ravens ended up doing with Jackson’s first extension, in terms of backloading the bulk of the cap burden in later years to encourage renegotiation. The difference was that Buffalo timed the extension when Allen still had multiple years remaining on his previous deal. Knowing that their MVP was making less per year than less-accomplished passers, the deal simply brought Allen up to top of the market in annual average value and kicked the can down the road for them to do the same thing again in a couple years to keep up with the inflating market.
When Jackson’s restructure was originally reported, we covered most of the details in regard to dollar amounts getting affected. Yesterday, though, KPRC’s Aaron Wilson disclosed some new details of the reworked agreement. Per Wilson, the restructure added another voidable year in 2030 as well as a no-trade clause, including an agreement not to use the franchise tag on Jackson following the 2027 NFL league year. One expects the Ravens have no plans of getting to that point as their intentions to secure an extended agreement persist with the rest of the offseason in front of them.
Falcons OLB James Pearce Jr. Now Faces Three Felony Charges
In the latest update to the legal situation surrounding Falcons rookie outside linebacker James Pearce Jr., ESPN’s Marc Raimondi and Michael Rothstein note that Pearce’s five pending felony arrest charges will be reduced to three. Pearce has been charged with aggravated battery with a deadly weapon, fleeing and eluding police, and resisting an officer with violence to his or her person, while the arrest charge of felony aggravated stalking was reduced to a misdemeanor. 
The fifth original arrest charge of aggravated battery of a law enforcement officer was dropped from his slate. According to Andy Slater of Fox Sports South Florida, the charge was dropped because prosecutors determined “there wasn’t enough evidence” on police body cam footage to charge Pearce with a felony that could carry a prison sentence of five years.
An arrest was made in February after an incident in which Pearce crashed his car while fleeing police. The episode stemmed from an alleged domestic dispute between Pearce and WNBA player Rickea Jackson. An NFL investigation was opened shortly thereafter, and it remains ongoing at this time.
As Raimondi and Rothstein detailed earlier this month, Pearce was the subject of at least seven 9-1-1- calls regarding Jackson and allegations of domestic disturbances prior to the incident which resulted in his arrest. Police records indicate numerous instances when Jackson reported feeling unsafe with respect to stalking and harassment on the part of Pearce in the months leading up to his arrest. A petition for a protective order was filed shortly after Pearce’s arrest, per the ESPN’s pair.
According to the court filing, Pearce “verbally and physically abused” Jackson on multiple occasions. It also states Pearce “threatened to kill, harm and injure” Jackson and “place a bag over her head.” The initial protection request was granted. A permanent injunction hearing is scheduled for April 21.
“Those are concerning, to say the least,” new Falcons general manager Ian Cunningham said of the allegations (via Raimondi) during his latest remarks on the Pearce situation. ” Outside of that, I’ll keep it similar to what we said at the Combine. We’re not going to comment on an ongoing investigation.”
After selecting Jalon Walker in the first round of the 2025 draft, the Falcons traded back into the Day 1 order to select Pearce. The 22-year-old was a Defensive Rookie of the Year finalist with 10.5 sacks as part of a substantial turnaround in terms of pass rush production for Atlanta. Pearce’s rookie contract runs through 2028.
Ely Allen contributed to this post.
Colts’ Anthony Richardson Drawing Interest; Packers Could Pursue QB
Colts quarterback Anthony Richardson requested a trade on Feb. 26, but a deal still has not come together almost three weeks later. While a trade is still not imminent, there are clubs interested in the 23-year-old, Stephen Holder of ESPN reports. The Packers are a team to watch, according to Holder.
As expected, Richardson lacks trade value in the wake of a rough three-year stretch to open his career. The 2023 fourth overall pick from Florida has struggled to perform and stay healthy in the NFL.
Injuries and demotions have held the athletically gifted Richardson to just 15 starts in Indianapolis. Richardson has thrown more interceptions (13) than touchdowns (11) en route to a disastrous 67.8 rating. He logged his most action in 2024, an 11-start year in which he recorded a horrid 47.7% completion rate on 264 attempts.
The Colts did not rule out Richardson winning their starting job last year, but he was unable to beat out free agent pickup Daniel Jones. Although Jones tore his Achilles in early December, he impressed enough to secure a two-year, $88MM extension this week. Jones is locked in as the Colts’ starter moving forward, making it unlikely Richardson will ever live up to his draft slot in Indianapolis.
Jones’ Achilles injury could have given Richardson a chance to step in and boost his stock, but he was also on the shelf then. Richardson suffered a season-ending orbital fracture in a freak accident with an exercise band in October. He has since been cleared to resume his football career.
With Jordan Love entrenched under center, the Packers are in better shape at QB than the Colts. That does not bode well for Richardson on paper, but one former backup has already revived his career in Green Bay in recent years. Back in August 2024, the Packers bought low on former Titans third-rounder Malik Willis, whom they acquired for a seventh-round selection. The move was a resounding success for both sides, as Willis emerged as one of the league’s most effective backups during his Packers tenure.
After Willis opened eyes over 11 appearances and three starts in Green Bay, the Dolphins inked him to a three-year, $67.5MM pact in free agency this week. Willis, 26, will earn a guaranteed $45MM in Miami, where he will enter next season as a starter. The 6-foot-4, 244-pound Richardson will hope for a similar fate if he follows Willis as a backup in Green Bay. The Packers’ current QB depth chart includes Love, Desmond Ridder and Kyle McCord.
Minor NFL Transactions: 3/14/26
Saturday’s lone minor move around the NFL:
Seattle Seahawks
- Re-signed: CB Shemar Jean-Charles
Jean-Charles did not see any playing time in 2025, a season which he spent on Seattle’s practice squad. The 27-year-old will remain a depth option in the secondary through training camp as he attempts to carve out a roster spot with the Super Bowl champions.
Giants To Sign WR Darnell Mooney
7:58pm: Fowler reports the Eagles were also involved in Mooney’s market. Philadelphia already has a pair of established starting wideouts in A.J. Brown and DeVonta Smith, although Brown’s Eagles future remains in doubt. It will be interesting to see which remaining free agent wideouts find themselves as the subject of a pursuit from Philadelphia.
4:48pm: The Giants continue to add free agents for new head coach John Harbaugh. The newest addition will provide another weapon for second-year quarterback Jaxson Dart as ESPN’s Jeremy Fowler reports that wide receiver Darnell Mooney will be signing with New York. According to Ian Rapoport of NFL Network, Mooney plans to join the Giants on a one-year deal worth up to $10MM. 
New York has been busy retooling the roster under the leadership of Harbaugh. On offense, the team took care of business re-signing pending free agents like starting right tackle Jermaine Eluemunor and depth pieces like offensive guard Evan Neal and wide receiver Isaiah Hodgins. Some bigger pieces have fallen through the cracks as wide receiver Wan’Dale Robinson, tight end Daniel Bellinger, and backup center Austin Schlottmann have all departed in free agency for Tennessee, but the Giants have done a good job of restocking positions with signees like wide receiver Calvin Austin and tight end Isaiah Likely.
Mooney becomes the newest addition to a retooled offense for Dart that now features (when healthy) Cam Skattebo, Tyrone Tracy, and Devin Singletary at running back, Pat Ricard at fullback, Malik Nabers, Darius Slayton, Calvin Austin, and Mooney at wide receiver, and Theo Johnson and Likely at tight end. Dart will have no shortage of new toys to play with in his sophomore campaign under new leadership.
Mooney will head to New York after a two-year stint with the Falcons. Atlanta signed Mooney coming off his rookie contract with the Bears on a three-year, $39MM deal. The signing initially appeared to be a huge success as Mooney finished second to Drake London in all receiving categories with 64 catches for 992 yards and five touchdowns on an offense that finished fifth in the NFL in passing yards. Year 2 told a different story for Mooney as he only recorded half the receptions total of the prior year for only 443 yards and one touchdown while catching balls from Michael Penix Jr. instead of Kirk Cousins for most of the year.
After the disappointing campaign, the Falcons opted to release Mooney in a cost-cutting move that would open up $7.42MM of cap space. In New York, Mooney will likely compete with Slayton and Austin for WR2 honors behind Nabers. All three players had similar outputs last year, but Mooney has shown a higher ceiling in his career and could be the favorite to see more snaps on the field. It will be interesting to see just how much of that $10MM maximum value is incentive-based, considering Mooney’s boom-or-bust history. Regardless, it may be hard to base success on statistics this year as, with so many weapons, the number of mouths to feed may limit individual production.
Seahawks To Sign CB Noah Igbinoghene
Noah Igbinoghene has lined up his next NFL opportunity. The veteran cornerback has agreed to a one-year deal with the Seahawks, Michael-Shawn Dugar of The Athletic reports. 
Seattle managed to re-sign Josh Jobe earlier this week. Riq Woolen departed by landing a deal with the Eagles, however, creating a vacancy in the Super Bowl champions’ secondary. Igbinoghene will be tasked with providing depth at that spot for 2026.
The former first-rounder spent his first three seasons with the Dolphins. Igbinoghene failed to establish himself as a full-time defensive presence during that time, and ahead of roster cuts in 2023 he was traded to the Cowboys. After a Dallas campaign which was limited to just five games, the Auburn product joined the Commanders in free agency.
Following Dan Quinn from Dallas to Washington proved to be a worthwhile decision. Igbinoghene logged 10 of his 17 career starts in 2024. He remained a part-time contributor this past season despite being shopped as a trade chip in August. Coverage statistics proved to be an issue during Igbinoghene’s Commanders tenure, and with the team undergoing numerous defensive changes it comes as little surprise he will not be retained.
Seattle’s elite defense ranked 10th against the pass en route to winning the championship. Strong play in the secondary will be expected as part of the team’s title defense. Igbinoghene may not be counted on to play a major role in that regard with Jobe back in the fold and Devon Witherspoon still attached to his rookie contract. Nevertheless, expectations will certainly be high upon arrival.
The Seahawks had roughly $44MM in cap space prior to today’s news. Igbinoghene will no doubt be playing for close to the league minimum in 2026, so Seattle will still have plenty of financial flexibility during the second week of free agency.