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5 Key Stories: 5/12/24 – 5/19/24

May 19th, 2024 at 4:44pm CST by Adam La Rose

Teams around the NFL are turning their attention to organized team activities and the mandatory minicamps which will soon follow them. Developments related to potential holdouts once attendance becomes mandatory have been seen in recent days, while a pair of blockbuster extensions were also worked out. Here is a recap of the past week’s top stories:

  • Lions Extend Goff: For the second time in his career, Jared Goff has secured a massive new deal. The former No. 1 pick agreed to a four-year, $212MM extension with the Lions which will keep him in place through at least 2027. This pact (which includes an option for 2028) carries a $53MM AAV, the second-highest figure in the NFL. It also features a practical guarantee of $148MM and a no-trade clause, making this a favorable deal for Goff. The 29-year-old has revived his career in Detroit, helping lead the team to the NFC title game in 2023. Expectations will be high for a repeat over the coming years on a Lions offense which also has Amon-Ra St. Brown and Penei Sewell attached to mega-deals of their own. Detroit drafted a potential Goff replacement (Hendon Hooker) last year, but he no longer has a path to playing time in the foreseeable future.
  • Buccaneers Hand Winfield Jr. Record-Breaking Deal: When the Buccaneers used the franchise tag on safety Antoine Winfield Jr., it was clear that move served as a means of buying time for extension talks. A long-term deal arrived when the sides agreed to a four-year, $84.1MM contract which takes the place of the tag. The All-Pro now holds the title of not only the league’s highest-paid safety, but the top earner amongst all defensive backs. Winfield, 25, enjoyed a career year in 2023 and he will remain a foundational member of Tampa Bay’s defense moving forward (especially over the next two years, where he will see $45MM fully guaranteed). With new deals for Baker Mayfield, Mike Evans, Lavonte David and now Winfield done this offseason, the Bucs’ attention will turn to a monster Tristan Wirfs accord.
  • Tagovailoa’s Contract Status Driving Dolphins Absence: With offseason workouts in their voluntary phase, absences amongst high-profile players are generally not viewed as being as impactful as training camp holdouts. Dolphins quarterback Tua Tagovailoa has been away from the team for most of their offseason program to date, however, which marks a departure from his past participation habits. The 2020 first-rounder saw classmates Joe Burrow and Justin Herbert sign monster extensions last offseason, and talks on his own deal are ongoing. Tagovailoa’s decision to skip most Miami activities so far is believed to be related to his lack of a new deal. The 26-year-old had a fully healthy (and productive) season in 2023, helping his market value. He is set to earn $23.17MM on his fifth-year option this campaign, but a multi-year accord will be much pricier.
  • Hendrickson Practicing With Bengals: Before the draft, it was learned Trey Hendrickson requested a trade from the Bengals. The Pro Bowl edge rusher attempted to negotiate a new deal coming off a career year in March, but a lack of success on that front drove the request to be moved. Nothing has taken place since, though Hendrickson has resumed working out with the Bengals. Cincinnati has no desire to move on from the 29-year-old, who has amassed 39.5 sacks in three seasons with the team. Two years remain on Hendrickson’s deal, but his scheduled salaries ($14.8MM, $15.8MM) are not guaranteed. It will be interesting to see if he plays in 2024 on his existing pact or if further efforts to secure more up-front compensation are made this summer.
  • Jets Eyed De Facto Hackett Replacement? Nathaniel Hackett is in place as the Jets’ offensive coordinator, but the team struggled on that side of the ball last season. In the wake of his less-than-stellar New York debut, the team reportedly sought out a staffer who would have outranked Hackett this offseason. The 44-year-old had a disastrous tenure as head coach of the Broncos which lasted less than one season, but his ties to Aaron Rodgers has allowed the pair to resume their relationship with the Jets. Head coach Robert Saleh was previously linked to searching out a hire tasked with limiting Hackett’s influence, but no move has taken place. The latter will thus remain a key figure for the Jets this year, as the team aims to rebound on offense with a healthy Rodgers.

This Date In Transactions History: Ryan Tannehill, Dolphins Agree To Extension

May 18th, 2024 at 12:44pm CST by Ben Levine

The Dolphins are currently navigating a quarterback extension, as the front office is working with Tua Tagovailoa on a lucrative second contract. Almost a decade ago, the team found themselves in a very similar situation.

On this date in 2015, the Dolphins signed quarterback Ryan Tannehill to an extension. The six-year, $96MM extension included $45MM guaranteed, and it was intended to cover the last year of the quarterback’s rookie deal, the fifth-year option season, and four additional free agent years.

At the time, it was hard to be overly critical of Miami’s long-term commitment to the former first-round pick. Tannehill topped 3,000 passing yards in each of his first three seasons in the NFL, and he improved on his touchdown totals in each of his campaigns (culminating in a 2014 season where he tossed 27 scores). While the Dolphins had yet to break through with a postseason run, the team’s worst showing through Tannehill’s first three seasons was a 7-9 mark during his rookie campaign.

There was some urgency on the Dolphins’ part to complete a deal. Tannehill was one of four QBs from the 2012 draft class (along with Andrew Luck, Robert Griffin III, and Russell Wilson) to be eyeing lucrative extensions, and Miami assured they wouldn’t be boxed into a corner by completing the first deal from that group. Luck ended up getting $140MM from the Colts while Wilson got around $88MM on a four-year deal with the Seahawks (Griffin never got a second contract from Washington). When compared to his draftmates, Tannehill’s average annual value didn’t break the bank.

Of course, the move didn’t come without risk. This was the first major move by Mike Tannenbaum, the Dolphins’ new executive vice president of football operations. It was Tannenbaum’s decision to hand Mark Sanchez a sizable extension in New York that ultimately led to the executive’s ouster. Tannenbaum wasn’t looking to make the same mistake twice.

“We are thrilled that we were able to sign Ryan to an extension,” Tannenbaum said at the time (via the Miami Herald). “He is an ascending talent, a team leader and checks all of the boxes you are looking for at the position.”

While the Dolphins dropped to 6-10 during Tannehill’s first year playing on the extension, the QB continued to validate the organization’s decision. The fourth-year player tossed a career-high 4,045 passing yards that season, making him the fourth QB in NFL history to top 3,000 passing yards in each of his first four seasons. The Dolphins took a step forward during Tannehill’s fifth season at the helm, with the team finally earning a playoff nod. However, after going 8-5 through the first 13 games, Tannehill suffered a season-ending knee injury that knocked him out for the postseason.

That injury ended up greatly altering Tannehill’s ability to finish his contract with Miami. The quarterback opted for rehab over surgery to his injured ACL, allowing him to be on the field for the start of 2017 training camp. However, he suffered another injury during the first day of 11-on-11 drills, and he eventually went under the knife to repair the torn ACL.

That following offseason, the Dolphins faced a major cap crunch. While Tannenbaum could have moved on from Tannehill (via release or trade) without any financial penalty, the executive instead reworked the player’s contract. That move temporarily opened up some breathing room under the cap, but it also kicked some sizable guaranteed money down the road. That decision ended up greatly reducing the organization’s return for the QB a year later.

Tannehill returned in time for the 2018 campaign but was forced to miss a chunk of games due to a shoulder injury. After the Dolphins were forced to rely on their QB2 for three-straight seasons, the team finally decided to cut bait on their franchise signal caller. During the 2019 offseason, the Dolphins traded Tannehill to the Titans for draft compensation. The QB agreed to rip up his contract with Tennessee, locking him into a one-year prove-it deal for the 2019 campaign.

Tannehill bounced back in a big way that season, earning his first career Pro Bowl nod while guiding the Titans to a 7-3 regular season record and a pair of postseason victories. That performance earned him a new contract from the Titans, a four-year, $118MM pact. Tannehill continued to guide a playoff squad in Tennessee for the 2020 and 2021 seasons, but he had an inconsistent role in 2022 and 2023 following the additions of Malik Willis and Will Levis. The 35-year-old is currently a free agent.

Nine years after signing the extension, things couldn’t have worked out much better for Tannehill. Of course, that doesn’t mean the quarterback didn’t take a handful of risks. For starters, much of his future guaranteed money was only due if Tannehill played, meaning he could have been cut at any time without any penalty (an advantage that the Dolphins squandered following that aforementioned restructuring). Tannehill also could have played hard ball with the Titans with the hope of getting cut, but he ultimately fave up some significant future money as he looked to rehabilitate his image. That gamble immediately worked out for the QB, as the Titans signed him to his third contract.

While the Dolphins never reached the success they were surely envisioning when they extended Tannehill, the team at least waved the white flag at the right time. Following a bridge season with Ryan Fitzpatrick under center, the team quickly found their future answer at QB in Tagovailoa. Of course, that glass-half-full perspective wasn’t enough to save Tannenbaum’s job. The executive was reassigned from his role in 2018, and while it was the Dolphins’ entire body of work that led to his demotion/firing, the Tannehill restructuring in 2018 certainly didn’t help.

As the Dolphins look to sign Tagovailoa to a second contract, the top decision makers will surely proceed with caution after seeing how things unfolded with their last major QB investment.

Extension Candidate: Quinn Meinerz

May 16th, 2024 at 10:07pm CST by Sam Robinson

Broncos GM George Paton has gone from a respected hire, succeeding John Elway in 2021, to the exec that greenlit three of this decade’s most criticized moves. But prior to the Nathaniel Hackett hire and the Russell Wilson trade and extension calls that set the franchise back, the Paton-fronted 2021 draft gave the Broncos an array of talent that remains in key roles on Sean Payton‘s second Denver roster.

The Broncos received steady criticism for passing on Justin Fields to start that draft, but their Patrick Surtain move has aged well. The All-Pro cornerback will be on track for a mega-extension, and after trade rumors during this year’s draft proved unfounded, extension talks are expected to begin soon. Denver also added starting running back Javonte Williams in Round 2; this will be a big year for the hard-charging RB, as he struggled for much of last season upon returning from ACL and LCL tears. Third-rounder Baron Browning and seventh-rounder Jonathon Cooper have started regularly at outside linebacker, and the team may turn to fifth-rounder Caden Sterns — a Week 1 starter last season before suffering an injury — as a first-stringer post-Justin Simmons.

While that Surtain-fronted haul will be heard from in Denver this season, the group also housed a Division III prospect who has turned into one of the NFL’s better players at his position. The Broncos chose Quinn Meinerz near the end of Round 3 (No. 98) out of Wisconsin-Whitewater. That pick has proven critical for the team, as offensive success stories have been hard to find for the Broncos in recent years.

Meinerz, 25, initially captured attention for mid-’80s Rocky Balboa-style workouts, following a COVID-19-nixed senior season at the D-III level, and practice jerseys exposing his midriff area. But the small-school prospect quickly showed he was capable of quality NFL play. Since taking over for an injured Graham Glasgow midway through the 2021 season, Meinerz has been the Broncos’ most consistent O-lineman. The now-extension-eligible blocker has settled in at right guard over the past two seasons.

As the Broncos cratered to last place in scoring offense during the ill-fated Hackett-Wilson season, Meinerz played well in 13 starts. Pro Football Focus graded Meinerz as a top-five guard in 2022. Last year, PFF slotted Meinerz third among guards. Known more for his run-blocking power, Meinerz has set himself up for a big contract year — should the Broncos not come to an extension agreement before that point.

Denver does not have considerable recent experience with extensions for interior O-linemen. The team has opted to fill its guard needs in free agency for many years, signing the likes of Louis Vasquez (2013), Ronald Leary (2017), Glasgow (2020) and Ben Powers (2023) to big-ticket deals. This span also included a training camp Evan Mathis addition (2015). While the team has seen some decent play from draftees at center and guard in this span (Matt Paradis, Connor McGovern, Dalton Risner, Lloyd Cushenberry), extensions have not emerged. Paradis, Risner, Cushenberry, McGovern and Billy Turner each departed after solid contract years.

With Meinerz joining Surtain as the team’s top extension candidates from Paton’s first draft, it will be interesting to see how the Broncos proceed. Meinerz’s rookie contract has been valuable to the team in recent years, particularly in 2023. As Payton brought in Powers (four years, $52MM) and right tackle Mike McGlinchey (five years, $87.5MM) to pair with the Elway-era Garett Bolles extension (four years, $68MM), the rookie deals for Cushenberry and Meinerz became important.

Payton has been no stranger to O-line extensions. The Saints fortified these spots for years, most recently extending the likes of Terron Armstead and Ryan Ramczyk on the Super Bowl-winning HC’s watch. They also re-signed Pro Bowl guard Andrus Peat. While Bo Nix‘s development has obviously become the central Broncos storyline in 2024, how the team handles its O-line contracts will be worth monitoring as well.

Bolles’ deal expires after this season, and the seven-year left tackle has expressed interest in a third contract. The 2017 first-rounder, however, will turn 32 later this month. Seeing about a younger LT upgrade and allocating money to keep Meinerz in the fold would be a viable path. Wilson’s astonishing dead money figure has settled in at $84MM when the QB’s Steelers offset is factored in, though the team is absorbing the lion’s share of the hit in 2024.

That contract will be on the Broncos’ books through 2025. The team may not want four veteran O-line deals — even around Nix’s rookie contract — on the payroll, creating a potential Bolles-or-Meinerz call. A longer-term Meinerz extension would, however, stand to align with Nix’s deal.

Guard salaries have ballooned past $20MM per year over the past two offseasons. Four guards are in the $20MM-AAV club. Meinerz not having a Pro Bowl or All-Pro nod on his resume may exclude him from that price range, but six more guards are tied to deals north of $15MM per year. Cushenberry also used a contract-year surge to command the second-highest guarantee at signing ($26MM) among centers. Meinerz staying on course will position him as one of next year’s top free agents, as guard franchise tags — since O-linemen are grouped together under the tag formula — are rare.

With Browning and Cooper also due for free agency in 2025, the Broncos ($38MM in 2025 cap space, as of mid-May) will have some decisions to make over the next 10 months. Meinerz’s earnings floor stands to be higher by comparison, and the team’s issues developing offensive talent in recent years would seemingly point to an extension being considered. The Broncos hold exclusive negotiating rights with their 2021 draftees — though, Surtain is signed through 2025 via the fifth-year option — until March of next year.

Poll: Who Will Lead Steelers In QB Starts?

May 15th, 2024 at 10:15pm CST by Sam Robinson

Bailing on their handpicked Ben Roethlisberger successor two years in, the Steelers put together one of the more interesting quarterback offseasons in recent NFL history. Two starters on other teams last season are now in the mix, with neither tied to a pricey deal nor a commitment beyond 2024.

The dominoes that led Kenny Pickett out of Pittsburgh began to fall before the team’s Russell Wilson signing, but that contract — a veteran-minimum deal agreed to before the Broncos officially designated Wilson a post-June 1 cut — led the way in driving Pickett to Philadelphia. After it looked like Wilson had a firm grip on the Steelers’ starting job, the team reached an agreement on a low-cost trade for Justin Fields. The final year of the ex-Bears first-rounder’s rookie contract is on the Steelers’ payroll — at the cost of merely a conditional sixth-round pick.

Mike Tomlin has said plenty to suggest Wilson will be his starter in 2024, but given the age gap between the two high-profile acquisitions and how the potential Hall of Famer’s Denver chapter unfolded, it would be a bit unusual if Fields was not mentioned as a candidate to step in at some point. The team has already been linked to pursuing potential deals with both QBs beyond 2024, though the club’s longstanding policy not to negotiate contracts in-season will put these efforts on hold. That seems unrealistic, given each’s starter background. For this year, however, the Steelers have assembled a unique depth chart — one that also includes UFA addition Kyle Allen.

An eight-asset package — headlined by two first-round picks — brought Wilson to Denver. The Broncos cut the cord on the Wilson contract before the extension years (on a five-year, $245MM deal) began. This will bring record-smashing dead money to Denver’s payroll, as the Steelers’ Wilson contract (one year, $1.2MM) barely ate into the $85MM dead cap coming the Broncos’ way through 2025. Wilson bounced back in 2023, but Sean Payton deeming him a bad fit represented another setback in a career that has veered off course.

After a shockingly poor 2022 season when paired with overmatched HC Nathaniel Hackett, Wilson rebounded — to a degree — under Payton by throwing 26 touchdown passes compared to eight interceptions. Slotting him 12 points higher than 2022, QBR ranked Wilson 21st last season. That settled in six spots behind Fields. It is arguable Wilson (six original-ballot Pro Bowl nods) disrupted his Hall of Fame path with the Broncos stay and needs a strong Steelers season to firmly reestablish himself as a Canton-bound player. Fields stands in the way of this reality, and Tomlin kept the door open — while still affirming Wilson will go into training camp as the starter — for the younger player to challenge for the job at some point.

While Wilson trails only Michael Vick and Cam Newton in career QB rushing yards and is the league’s only 40,000-5,000 player, Fields is certainly a better runner from the position. Joining Wilson with a propensity to take sacks, Fields both led the NFL in sacks taken and QB rushing yards in 2022. The Bears saw some improvement through the air last season, and QBR interestingly viewed the Ohio State product’s 2022 showing as superior to his 2023 slate. Fields also posted a worse yards-per-attempt number (6.9) compared to 2022 (7.1) and upped his passer rating by barely a point from the ’22 campaign.

Mentioned as a player expected to command at least a Day 2 pick in a trade, Fields bringing the trade value he did reflects a dim outlook around the league regarding his potential to improve significantly as a passer. The Steelers quickly declined Fields’ fifth-year option, joining the Broncos (Zach Wilson), Cowboys (Trey Lance) and Jaguars (Mac Jones) in passing on an extra year for a recently acquired QB. Pittsburgh will still attempt to finetune the former No. 11 overall pick, and it will be interesting to see how long they do so while keeping him in a backup role. If Fields plays at least 51% of Pittsburgh’s offensive snaps this season, the 2025 pick owed to the Bears vaults to a fourth-rounder.

The post-Killer B’s Steelers have been among the NFL’s most dependable teams, but the ceiling from the Roethlisberger-Antonio Brown–Le’Veon Bell period dropped as Big Ben aged and then Pickett, Mitch Trubisky and Mason Rudolph stepped in. Improved Pittsburgh defenses have been unable to make the past three Steelers squads, even as two of them advanced to the postseason, Super Bowl-caliber operations. This season will be key to isolate some variables within the organization, as Pickett and since-booted OC Matt Canada are gone. After seeing QB play sink his Falcons tenure, OC Arthur Smith will be tasked with coaching two middling — at this point, at least — signal-callers.

The Steelers are banking that Smith and the Wilson-Fields duo will provide sufficient upgrades from their previous play-calling setup and what the QB group of the past two seasons offered. Who will be the quarterback that ends up as the team’s preferred option by the season’s stretch run? Who gives the Steelers the best chance to succeed? Vote in PFR’s latest poll and weigh in with your thoughts on this revamped setup in the comments section.

5 Key Stories: 5/5/24 – 5/12/24

May 12th, 2024 at 4:58pm CST by Adam La Rose

With the deadline having passed for signings to count against the compensatory pick formula, free agent movement has picked up around the league. Developments on those and other fronts have taken place recently; in case you missed any of the NFL’s top stories from the past week, here is a quick recap:

  • Patriots Retain Wolf To Lead Front Office: As expected, the Patriots began the post-draft portion of the offseason by searching out external candidates for their de facto general manager position. Several potential hires turned down the opportunity to interview for the gig, however, amidst the widespread expectation Eliot Wolf would remain in place as New England’s lead executive. Indeed, the team gave Wolf the title of EVP of player personnel, putting an end to the search. In his first offseason at the helm, the 42-year-old has overseen a number of critical decisions – including, most notably, the selection of Drake Maye at No. 3 in the draft. Wolf will lead the front office as the Patriots begin to transition to Maye as their starting quarterback (in the near future) and move forward from the Bill Belichick era.
  • Raiders To Hold QB Competition: In the build-up to the draft, the Raiders were named as a candidate to move up the board to add a quarterback (in particular, Jayden Daniels). The team did not do so, leaving Aidan O’Connell and Gardner Minshew in place under center. New GM Tom Telesco confirmed Vegas will hold a training camp competition between the two. O’Connell has drawn praise from head coach Antonio Pierce, and he finished his rookie season by throwing nine touchdowns and one interception over his final six games. Minshew, meanwhile, inked a two-year, $25MM deal in free agency. The 27-year-old has much more NFL action under his belt, and Vegas’ new offensive scheme could counterbalance O’Connell’s potential advantage from spending time in the previous system to a degree. As the Raiders aim to take a step forward in 2024, the battle for the QB1 spot will be a key story to follow.
  • Chargers Add Dupree: The Chargers kept both Joey Bosa and Khalil Mack in place this offseason via restructured contracts. That pair will have Bud Dupree as a notable third edge rushing option, with the latter having inked a two-year contract. Dupree will earn at least $6MM with the potential for $10MM during his Bolts pact. The 31-year-old had a disappointing run with the Titans, leading to his release last year. Serving as a starter with the Falcons, though, he regained his Steelers form to an extent and tied for the team lead with 6.5 sacks in 2023. Instead of returning to Pittsburgh or Atlanta (teams which had interest in a reunion), Dupree has elected to join a Chargers outfit which was among the league leaders in sacks last season. With Bosa struggling on the injury front recently, he could see notable playing time in Los Angeles.
  • Boyd Joins Titans: Tyler Boyd courted a number of teams prior to arriving at a decision on the open market. The longtime Bengals wideout elected to sign with the Titans on a one-year deal. This agreement (worth up to $4.5MM) will allow Boyd to continue working with ex-Cincinnati OC Brian Callahan, Tennessee’s new head coach. The 29-year-old was linked to a deal with his hometown Steelers, but the sides could not agree to terms. Instead, he will depart a receiving corps headlined by Ja’Marr Chase and Tee Higgins to join one including DeAndre Hopkins and free agent addition Calvin Ridley. Boyd has twice topped 1,000 yards in his career, but he will look to rebound from declining production in recent seasons. Doing so would help a Titans’ offense led by Will Levis and help his 2025 free agent stock.
  • Hill Aiming For New Dolphins Deal? The $30MM-per-year deal the Dolphins gave Tyreek Hill in 2022 stood as the benchmark amongst receivers until recently. That pact is artificially inflated with non-guaranteed money after 2024, however, and Hill’s comments on his future indicate he is seeking a Miami extension. The five-time All-Pro stated his desire to finish his career as a Dolphin, although last year he said he planned to retire following the conclusion of his Miami pact. With Hill’s contract set to carry massive cap hits in 2025 ($34.24MM) and ’26 ($56.31MM) the Dolphins would be well-served to work out an extension lowering those figures while providing him with new guarantees if a mutual desire exists on the team’s part

2024 NFL General Manager Search Tracker

May 7th, 2024 at 4:00pm CST by Sam Robinson

With the Patriots hiring Eliot Wolf as their de facto GM after having moved on from Bill Belichick, all five teams in need of a GM have filled their post this offseason. If other teams decide to make GM changes, they’ll be added to this list.

Updated 5-11-24 (4:35pm CT)

Carolina Panthers

Las Vegas Raiders

Los Angeles Chargers

New England Patriots

Washington Commanders

5 Key Stories: 4/28/24 – 5/5/24

May 5th, 2024 at 4:49pm CST by Adam La Rose

With the draft now in the rearview, most major roster-building moves around the league have taken place. A new wave of free agent signings is underway, though, and other key decisions were made in recent days. In case you missed any of the top developments from around the NFL over the past week, here is a quick recap:

  • Chiefs Agree To Kelce Raise: Not long after lining up new deals for head coach Andy Reid, general manager Brett Veach and president Mark Donovan, the Chiefs hammered out a new agreement with tight end Travis Kelce. Originally reported as an extension, the deal is actually a raise which keeps the future Hall of Famer on the books for two more years. Kelce will receive $34.25MM across 2024 and 2025, with his compensation for the coming season ($17MM) guaranteed at signing. The revised pact moves the 34-year-old to the top of the pecking order in terms of annual earnings at the tight end position and ensures he will remain the focal point of Kansas City’s passing game for at least the near future. As the Chiefs pursue a third straight Super Bowl, Kelce will join defensive tackle Chris Jones in playing on a lucrative new pact.
  • Patriots Extend Barmore: Over the past two years in particular, a number of ascending defensive tackles have landed sizable second contracts. Christian Barmore became the latest name on that list when he inked a four-year Patriots extension with a base value of $84MM. New England has been busy with respect to retaining players this offseason, and the team prevented a 2025 Barmore free agent departure by working out this deal. The 24-year-old enjoyed a breakout campaign last season (8.5 sacks, 16 tackles for loss) while logging a career-high defensive workload. The Patriots are banking on a continuation of that career development, although the structure of the contract’s guarantees (which includes $31.8MM locked in at signing) could allow them to cut bait in 2026. Still, this Barmore pact is the largest New England deal given to a player other than Tom Brady, so the team’s financial commitment is certainly a notable one.
  • Cowboys, Elliott Reunite: In a move foreshadowed throughout the offseason, Ezekiel Elliott returned to the Cowboys on a one-year deal. The two-time rushing champion was released by Dallas last offseason, setting up a single campaign spent with the Patriots. Elliott posted career-worst figures on the ground in 2023, but he and Cowboys owner Jerry Jones have both expressed a belief he can still operate as a starter at this point in his career. Elliott, 28, is currently in line to shoulder a notable workload in the backfield as things stand. Dallas saw Tony Pollard depart in free agency, and the team’s only veteran addition prior to Elliott was Royce Freeman. To the surprise of many, the Cowboys did not select a running back during the draft, leaving plenty of carries available for Elliott and the team’s other incumbents. The former No. 4 pick will collect $2MM guaranteed and up to $3MM in 2024.
  • Steelers Decline Harris’ 2025 Option: May 2 marked the deadline for teams to decide on the fifth-year options of 2021 first-rounders. That process brought about few surprises, but the Steelers elected not to exercise running back Najee Harris‘ 2025 option. Picking it up would have locked Harris into a guaranteed salary of $6.79MM next season, but he is now on track for free agency. Pittsburgh is reportedly open to negotiating a deal with the Alabama product, but his value will be greatly influenced by his 2024 performance. Harris has served as a workhorse back to date, topping 1,200 scrimmage yards in each of his three seasons. He has been less efficient in doing so than Jaylen Warren, however, and the latter is positioned to continue splitting carries this season in an offense set to feature the run heavily. It will be interesting to see how Harris’ value is affected as the campaign progresses.
  • Goodell, Owners Open To 18-Game Season: Commissioner Roger Goodell has made it clear he is open to adding an 18th contest to the NFL’s regular season. In the wake of him publicly backing a setup featuring just two preseason games to make up the difference (along with a Presidents Day weekend Super Bowl), a report indicated owners are in favor of such an adjustment. Expanding the schedule was a key negotiation point ahead of the 2021 CBA being hammered out; even though the agreement runs through 2030, efforts could be made to adopt the 18-game season well before it expires. Doing so would of course require concessions being made to the NFLPA, which has new leadership in place. The NFL has used a 17-game schedule for the past three seasons, but that could change in relatively short order if support increases for further expansion.

PFR Glossary: The Fifth-Year Option

May 1st, 2024 at 10:11pm CST by Sam Robinson

This week brings the annual deadline for teams to exercise or decline fifth-year options, with the 2021 first-round class in the crosshairs this year. That group marks the fourth crop of first-rounders to have their fifth seasons evaluated with fully guaranteed money in play, but the fifth-year option has existed since the 2011 CBA.

With first-round contracts becoming increasingly burdensome as the 2000s progressed, 2011’s lockout-marred offseason produced a rookie pay scale that remains in place today. The slot system also ended teams’ ability to sign first-round picks to six-year contracts, as Sam Bradford, Trent Williams and a few others from the 2010 draft received (while attached to deals that dwarfed some impact veterans’ accords).

As owners removed lavish rookie contracts from the game, they gave up a year of control. Draft-slot contracts have spanned four years since the July 2011 agreement, but the fifth-year option — available on first-rounders’ rookie deals — became a way for teams to retain their top picks without extension costs entering the picture.

A loophole existed that further benefited teams during the 2011 CBA’s version of the fifth-year option. As second- through seventh-round draftees could hit free agency following their fourth seasons — making teams more likely to negotiate ahead of Year 4 — first-rounders both could be tied to a fifth season and then see their team bail on the option free of charge by March of Year 5.

The 2011 CBA guaranteed the options for injury only, meaning a team could move on from a player with no dead money if the player passed a physical at the start of the league year. This allowed teams to put off negotiations for extension-eligible players into Year 5 and also gave clubs the freedom, provided the player was healthy, to escape a first-rounder’s rookie contract before the money became guaranteed when the league year began.

This happened on a few occasions, with Robert Griffin III being the most memorable example. Washington picked up RG3’s fifth-year option in 2015 but cut him, after bubble-wrapping the former No. 2 overall pick behind Kirk Cousins, in March 2016. The 2020 CBA addressed this issue. When teams exercise a player’s option now, his fifth season is fully guaranteed.

The 2020 CBA also changed the structure of the fifth-year option. Exercising an option from 2014-20 meant players drafted from Nos. 1-10 were tied to the value of their position’s transition tag. For players chosen from Nos. 11-32, the option came out to the average of the third-25th-highest salaries at their position. With the 2020 CBA fully guaranteeing the options, it also introduced a performance- and participation-based system that divided each position’s option prices into four tiers.

Players selected to two or more Pro Bowls (original ballot only) in their first three seasons reside on the top tier, which matches the franchise tag value. Micah Parsons, Patrick Surtain and Ja’Marr Chase checked in on that tier this year. Tier 2 covers first-rounders who earned one original-ballot Pro Bowl invite over their first three seasons; this level matches the transition tag number. Rashawn Slater and Kyle Pitts‘ option prices came in here. Participation covers the final two tiers. Players who achieve any of the following will receive the average of the third-20th-highest salaries at their position:

  • Players who averaged at least a 75% snap share through three seasons
  • Those who logged at least a 75% snap share in two of their first three seasons
  • Those who crossed the 50% snap barrier in each of their first three seasons

Tier 4 covers players who did not meet these participation standards; those players’ options come out to the average of the third-25th-highest salaries at the position. Teams have until May 2 to exercise or decline options. With the 2020 CBA not set to expire until March 2031, this option format stands to be in place for a while.

Note: This is a PFR Glossary entry. Our glossary posts explain specific rules relating to free agency, trades, or other aspects of the NFL’s Collective Bargaining Agreement. This post was modified from an earlier entry by Zach Links. 

First-Round QBs Traded Since 2000

April 30th, 2024 at 2:52pm CST by Sam Robinson

The Broncos and Jets’ Zach Wilson trade means four members of the five-QB 2021 first round are now finishing out their rookie contracts elsewhere. This offseason has brought more activity in terms of quarterback trades, with a handful of 2021 and ’22 QB draftees being dealt. The 2020s have presented a hotbed for deals involving former first-round QBs, but a number of trades relocating former top passing prospects have come to pass over the past two decades.

Beginning with a rather eventful sequence during the 2004 draft, here are first-round passers chosen since 2000 who have been traded:

2004

  • Draft-day exchange sent No. 1 overall pick Eli Manning‘s rights to Giants; Chargers received rights to No. 4 choice (Philip Rivers), 2004 third-round pick, 2005 first-, fifth-rounders

2006

2009

  • Bears landed Jay Cutler, 2009 fifth-round pick from Broncos for Kyle Orton, 2009 first-, third-round picks, 2010 first-rounder

2010

2011

  • At trade deadline, Raiders end Carson Palmer‘s retirement stay by sending Bengals 2012 first-round pick, 2013 second-rounder

2012

  • Shortly after Peyton Manning‘s free agency decision, Jets acquired Tim Tebow, 2012 seventh-round pick from Broncos for 2012 fourth-, sixth-rounders

2013

  • Chiefs acquired Alex Smith from 49ers for 2013, 2014 second-round picks
  • Cardinals obtained Carson Palmer, 2013 seventh-round pick from Raiders for 2013 sixth-rounder, 2014 seventh

2014

2015

2016

2018

2019

2021

2022

2023

2024

2025

5 Key Stories: 4/21/24 – 4/28/24

April 28th, 2024 at 5:00pm CST by Adam La Rose

This past weekend saw the 2024 draft come and go, marking a major checkpoint on the offseason calendar. As usual, other key developments took place on the roster-building front leading up to the event, however. In case you missed anything from the past seven days, here is a quick recap:

  • Williams, QBs Headline First Round: As expected, quarterbacks dominated the top of the Day 1 order. Caleb Williams (Bears), Jayden Daniels (Commanders) and Drake Maye (Patriots) were the first three players to hear their names called. Atlanta then provided the night’s largest surprise by selecting Michael Penix Jr. eighth overall. That was followed by a trade-up (albeit a smaller one than many predicted) by the Vikings, who drafted J.J. McCarthy at No. 10. Rounding out the run on signal-callers, Bo Nix was added by the Broncos. A record-breaking stretch of 137 picks ensued after that selection before the next QB, but those six teams each added an intriguing rookie to their depth charts.
  • Chiefs Extend Reid, Veach, Donovan: Andy Reid has faced questions about retirement in recent years, but he put those to rest by agreeing to a new Chiefs extension. General manager Brett Veach as well as president Mark Donovan are also attached to new contracts, and as such Kansas City’s top decision-makers will be in place for the foreseeable future. Reid has climbed to fourth on the all-time wins list during his decorated time with the Chiefs while Veach has enjoyed considerable success alongside him since they joined the team in 2013. Four Super Bowl appearances in the past five years – including three titles – have helped the Chiefs become the league’s most decorated team in recent seasons, and the continued presence of a strong core headlined by Patrick Mahomes means they will likely remain contenders for years to come.
  • St. Brown, Sewell Land Massive Lions Deals: Prior to the draft kicking off, the Lions hammered out deals with two major contributors of their offense. Both wide receiver Amon-Ra St. Brown and right tackle Penei Sewell signed lucrative extensions keeping them in place through 2028 and ’29, respectively. The former inked a four-year pact averaging just over $30MM per year; it includes $77MM in guarantees, over $35MM of which is locked in at signing. The latter, meanwhile, is in line to collect $28MM per season on his own four-year accord. Sewell’s deal is the most expensive one ever given to an O-lineman and it shatters the record for value in terms of right tackles. Both All-Pros will be counted on to remain key producers for years to come in Detroit while commanding large financial commitments.
  • Eagles Extend Brown: Not long after St. Brown reached the summit of the receiver market, A.J. Brown moved to the top of the pecking order with an Eagles extension. Two years still remain on the pact he signed upon arrival in Philadelphia, but the 26-year-old landed $96MM on a three-year add-on which will keep him in the fold through 2029. The Eagles recently gave DeVonta Smith a three-year, $75MM extension and that pact moved him into a tie with Brown in terms of annual average value. Coming off a second straight 1,400-yard season, though, the latter is now once again the highest earner in Philadelphia’s skill position group. In all, the Eagles have now made four lucrative investments regarding in-house players on the offensive side of the ball this offseason.
  • Jets Deal Wilson To Broncos: Prior to selecting Nix – a decision which many pointed to being on the table – the Broncos acquired Zach Wilson from the Jets. The latter was known to be on the trade block, and New York received offers well before the Denver swap came to pass. Wilson, 24, struggled mightily during his time as a Jets starter and the team signed Tyrod Taylor this offseason to serve as Aaron Rodgers‘ backup. With Wilson’s trade having been worked out, four of the five QBs selected in the opening round of the 2021 draft (all but Trevor Lawrence) have now been dealt to a new team. In Wilson’s case, he will join a depth chart which features Nix, Jarrett Stidham and Ben DiNucci. Attached to his rookie pact for one more year, it will be interesting to see how Wilson develops under head coach Sean Payton as he aims to rebuild his value.
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