PFR Originals News & Rumors

5 Key Stories: 7/6/25 – 7/12/25

The build-up to NFL training camps continues, and the offseason’s quiet period has nearly come to an end as a result. The past few days have nonetheless seen a few notable developments. In case you missed any of them, here is a quick recap:

  • Bears, Poles Agree To Extension: The 2025 offseason has seen plenty of changes on the sidelines in the case of the Bears, but they will have continuity in the front office. As expected, general manager Ryan Poles has agreed to an extension which keeps him under contract through 2029 (just like new head coach Ben Johnson). Poles – in place since 2022 – led the coaching search this winter as he looks to guide the team to a step forward from his first three years at the helm. Chicago has gone just 15-36 over that span, but expectations for quarterback Caleb Williams will be high ahead of Year 2 in the league. Poles has been busy attempting to fortify Chicago’s offensive and defensive lines this spring, but even if those moves do not produce the desired results his future should be secure.
  • NFLPA Planning Collusion Case Appeal: For several months, the arbitration ruling on the NFLPA’s collusion case against the NFL were kept secret. Two weeks after the findings became public, however, the union now intends to appeal the decision made by arbitrator Christopher Droney. The January ruling stated the NFL did not engage in collusion following Deshaun Watson‘s fully guaranteed contract, but also noted how the league “urged” teams to limit guaranteed spending on player contracts. Meanwhile, it remains to be seen if NFLPA executive director Lloyd Howell will oversee the appeal since he is facing scrutiny based on his role in suppressing the ruling from players and conflict of interest concerns stemming from his consultant role with a private equity firm. For now, at least, Howell does not intend to resign.
  • Cousins Speaks Out On Falcons’ Free Agent Approach: Last March, Kirk Cousins ended his six-year Vikings tenure by signing with the Falcons in free agency. That four-year deal included full guarantees for 2024 and ’25, suggesting he would remain atop the QB depth chart during that time. Atlanta then drafted Michael Penix Jr. in the first round, though, and the rookie took over for Cousins late last season. Cousins has spoken on the topic in Netflix’s Quarterback series, stating his free agent approach would have been different had he known the Falcons would draft a passer. The 36-year-old’s preference, in hindsight, was to stay in Minnesota knowing both the Vikings and Falcons would select a first-round quarterback. Cousins is set to handle backup duties in Atlanta moving forward.
  • Holdout Possible For Bengals’ Hendrickson: Several notable pass rushers have yet to sort out their financial situations, and that includes Trey Hendrickson. A new round of extension talks with the Bengals is taking place, but the 2024 sack leader remains willing to stretch his holdout through not only training camp but also into the regular season. As one might expect given the nature of negotiations so far, no agreement is expected before camp begins. One year remains on Hendrickson’s current pact, and he is owed $16MM as things stand. The 30-year-old is aiming for a multi-year extension whereas the Bengals prefer a single year being added to his contract. The stalemate in this case could persist for quite some time.
  • Bucs’ Wirfs To Miss Time In 2025: A sprained MCL proved to be a lingering issue for Buccaneers left tackle Tristan Wirfs. The All-Pro left tackle missed time during the spring while struggling to recover in full from the injury. As a result, arthroscopic surgery was deemed the best course of action, and Wirfs will miss the beginning of the regular season while rehabbing. Veteran Charlie Heck is in line to handle starting duties on the blindside as things stand, but regardless of who fills in Tampa’s offensive line will be notably shorthanded until Wirfs is back in the fold.

Offseason In Review: Jacksonville Jaguars

After authorizing the three biggest contracts in team history, the Jaguars moved through a disastrous season. The team’s 4-13 campaign led to Doug Pederson‘s ouster, as the former Super Bowl-winning HC’s fate became easy to predict as the season’s final weeks transpired. The team’s initial offseason plan, however, took on water as it became clear GM Trent Baalke‘s presence was interfering with the search to replace Pederson.

A course change midway through led the Jaguars to their eventual Liam CoenJames Gladstone pairing. This brings far less experience compared to Pederson-Baalke, but Jacksonville had seen its fortunes worsen as that pair’s third season ended. Coen will be asked to elevate Trevor Lawrence to justify the $55MM-per-year contract awarded last year, and the new regime’s defining move equipped the former No. 1 overall pick with one of the most unique weapons in NFL history.

Coaching/Front Office:

Before Travis Hunter became in play for the Jaguars, they needed to sort out their leadership positions. It took a bit. Pederson, though, received an early pink slip. He was the only coach fired on Black Monday this year, and although reports of uncertainty did emerge late in the season, it was not hard to see where the situation was heading. After a 9-8 2022 season that featured a Lawrence-led 27-point comeback win over the Chargers in the wild-card round, the Jags were 8-3 and sniffing the AFC’s No. 1 seed a year later. They finished Pederson’s tenure with five wins in their final 23 games.

Lawrence’s health, a non-issue until his third season, hurt the Jags in this span. But the former Clemson super-prospect has not developed as the team hoped. The Jags ranked 24th offensively last season, one that ended with Lawrence sidelined due to a concussion and a nonthrowing shoulder injury that required surgery.

Pederson’s first Jacksonville season brought a 10th-place offensive ranking, the best of his tenure, with the HC being the primary play-caller. The veteran coach, however, gave OC Press Taylor the call sheet before the 2023 season and kept outsiders in suspense about his play-calling plans for 2024. Shad Khan even voiced support for Pederson taking the reins back, but Pederson stuck with Taylor — a development that reminded of the HC’s Eagles undoing.

Pederson had aimed to have Taylor promoted to Eagles OC in 2021, but ownership was not onboard. This helped lead to a split. Pederson brought Taylor with him to Jacksonville and stuck with him as play-caller for the past two seasons, even as the walls tumbled down. Pederson firing Mike Caldwell as DC did not bring a 2024 boost, as the Jags regressed in both points and yards allowed (dropping to 27th and 31st in those categories, respectively) under Ryan Nielsen. Josh Hines-Allen and Tyson Campbell joined Lawrence in failing to justify their 2024 paydays.

While Pederson’s tenure did not reach the depths of Gus Bradley‘s or Doug Marrone‘s, Khan gave him less time by moving on after three years. That came months after the owner labeled the 2024 Jags as the most talented roster in team history. Khan attempted to have only Pederson take the fall, keeping Baalke on to help hire the next HC. Although Khan stopped short of guaranteeing Baalke would remain GM, coaching candidates certainly assumed that would be the case (even Pederson had been hesitant about the then-GM in 2022).

This created a disjointed search, as both Aaron Glenn and Ben Johnson had reservations about Baalke. This contributed to Johnson choosing the Bears despite the coveted candidate’s reported Jags interest. The Jags then saw Coen decline a second interview, bowing out of their search and agreeing to a Buccaneers extension worth roughly $4.5MM per year on January 22nd. The Bucs’ extension offer was contingent on Coen not taking a second Jaguars meeting, but once he realized he held a strong chance at landing the Jags gig, another raise ask occurred. Bucs ownership declined it, however. This sequence proved to be an important stretch regarding the Jaguars’ big-picture direction.

Hours after Coen backed out on his second meeting, Khan fired Baalke. The owner did so despite claiming a full-on overhaul would be “suicide” for the franchise. Signaling the GM was the primary hang-up, Coen circled back and met with the Jags. This then involved Coen avoiding Bucs contact, telling Todd Bowles he was dealing with a personal matter, as a clandestine mission in north Florida commenced.

An agreement emerged Jan. 23. The one-and-done Tampa Bay OC certainly burned bridges on the way out of town — to the point the Bucs blocked two assistants from becoming Coen’s O-line coach — but he secured stunning power given his limited experience and history of leaving jobs quickly.

The Jaguars’ 2024 struggles prompted Khan to hand the keys to Coen. This came four years after the owner placed Urban Meyer atop the personnel pyramid. With Pederson not doing enough in between, the Jags are a coach-centric operation again.

Coen, 39, has not stayed in the same job since his first Rams stint in the late 2010s. Sean McVay hired Coen as assistant wide receivers coach in 2018 and moved him to assistant QBs coach in 2020. Coen then bounced from Kentucky to the Rams and back to Kentucky — all in OC roles — before yo-yoing back to the NFL with the Bucs, who gave the young coach his first NFL play-calling shot.

The 2022 Rams did not impress, but Coen coaxed a breakout Will Levis junior season (2021) and later helped Baker Mayfield build on his 2023 resurgence. Mayfield established career-high marks across the board last season, throwing 41 TD passes and completing 71.4% of his throws. This came as he reached a career-best 7.9 yards per attempt, checking enough boxes for Coen to follow Dave Canales in receiving a head coaching offer after one season as Bucs OC. Robert Saleh, who worked under Bradley in Jacksonville, was believed to be the team’s fallback option if Coen did not reconsider his stance.

Rumors over the past several years paint a grim picture of life during a Baalke GM stay. The 49ers keeping their GM over Jim Harbaugh in 2015 proved a mistake, as the team sunk to its lowest depth since the late 1970s, and the Jags’ 2022 HC search featured hiccups involving the GM. Khan firing Meyer increased Baalke’s organizational power ahead of a draft that brought a Travon Walker-over-Aidan Hutchinson pick. An early-season report last year also depicted friction between Baalke and Pederson, with Taylor’s status a point of contention.

Baalke following Tom Telesco off the GM tier this offseason means no second-chance GMs are currently employed, illustrating the high stakes these jobs carry. No team has hired Baalke or Pederson, and the Jags’ midwinter changeup brought in Gladstone, who is the NFL’s youngest GM (at 34).

Gladstone spent nine years in Los Angeles, rising from an assistant to the general manager position to director of scouting strategy. The Jags were Gladstone’s only GM connection, and it came after reported Coen preference Mike Greenberg, the Bucs’ assistant GM, declined an interview. Bears assistant GM Ian Cunningham also checked in as an early frontrunner. Gladstone and Coen worked together for four nonconsecutive seasons in L.A., and the former had worked under Brad Holmes before he became the Lions’ GM.

The Rams have an established history of finding draft gems in the McVay era, and their 2023 and ’24 drafts — efforts that helped create a formidable pass rush as Aaron Donald exited — reflected well on their scouting strategy chief. Seeing Holmes do wonders in Detroit, the Jags will roll the dice on a young exec. He joins Coen and Boselli as part of a decision-making troika, but the HC is atop the pyramid.

Coen did not hire an experienced OC. Udinski rises from Vikings assistant quarterbacks coach to this post. Even though the Jags’ OC position is currently a non-play-calling gig, this represents quite the vault for a 29-year-old assistant. Udinski landed this job after candidate Nate Scheelhaase bowed out to stay with the Rams.

Like Gladstone, Udinski rose from the “assistant to the” level. This climb, however, occurred within a two-year span. Kevin O’Connell made Udinski his assistant QBs coach in 2023, and Sam Darnold‘s belated breakthrough garnered attention for the staff. Udinski becoming an OC before Vikes QBs coach Josh McCown is interesting, but O’Connell — Coen’s Rams boss in 2020 — has become one of the NFL’s most respected coaches. This represents the first major branch off his coaching tree.

Campanile, 42, has no history with Coen or Gladstone. He spent four years in Miami as linebackers coach, arriving under Brian Flores and being retained by both of Mike McDaniel‘s first two DCs. Campanile only interviewed for the Jags’ DC job this year but met with the Dolphins and Giants about their positions in 2024. The Jaguars are now on their fifth DC of the 2020s. Nielsen has now been a one-and-done DC in New Orleans, Atlanta and Jacksonville over the past three years, managing to pull this off without technically being fired. The 2022 Saints co-DC took the Falcons’ job in 2023 and was subsequently tied to two canned HCs.

Trades:

Among the extensive receiver turnover in Jacksonville, this move stands out. The team was prepared to release Kirk, who turned heads with his $18MM-per-year contract as a 2022 free agent, but collected a low-end return from a division rival. While dealing Kirk to the Texans may have signaled the new staff’s view of his abilities, this is more of a salary dump from a regime that had no ties to Lawrence’s previous top target.

Kirk is still just 28 and delivered two impressive seasons in Jacksonville. Proving the Baalke-Pederson regime right for a market-reshaping contract — via the wave of deals made after Kirk’s — the former Cardinals second-round pick helped elevate Lawrence with an 1,108-yard 2022 showing and was more productive on a per-game basis in 2023. The slot weapon averaged a career-high 57.6 yards per game in 2023 but went down with a core muscle injury early in Week 13. That setback coincided with the Jags’ swoon, as they were 8-3 in the games Kirk finished that season.

A broken collarbone shelved Kirk last season, denying teams — including the then-WR-fixated Steelers — a chance to make trade offers near the deadline. The Jags moved on from Kirk’s $15.5MM 2025 salary in the final year of the contract, saving $10.44MM as a result. Though, the Coen-Gladstone regime did OK a $13MM-plus dead money hit via this trade. The Jags have made two significant WR investments in the past two drafts, lessening the blow to Lawrence.

Free agency additions:

One of the league’s most versatile players, Mekari has seen at least 200 snaps at all five O-line positions. His work at guard in 2024, however, set a quality free agent market in March. The Ravens had slotted Mekari as a swing backup but needed him at left guard last season. Jacksonville will slide Mekari to right guard, as Ezra Cleveland is in place at LG. This contract represented a value vault for Mekari, who played out a three-year, $15.45MM deal.

ESPN’s pass block win rate metric ranked Mekari fifth among guards last season, marking an impressive showing given that the versatile blocker’s primary position was tackle from 2021-23. The Jags are not certain 2023 first-round pick Anton Harrison will remain their RT starter, so it is possible Mekari could be tapped to take over there. His projected 2025 spot will be RG, however.

A $7MM-per-year deal looks like a win for Hainsey, who joined Murray and Brown among the Jags’ curious contracts on Day 1 of free agency. The Buccaneers demoted Hainsey, Ryan Jensen‘s center replacement, for first-rounder Graham Barton last year. Hainsey started a game in his contract year but played only 95 offensive snaps. Pro Football Focus was down on the former third-rounder’s center work in 2023, ranking him 32nd at the position, but viewed him as a top-15 snapper in 2022. Even as Coen only stopped through during Hainsey’s second-string season, the one-year Bucs OC signed off on a top-10 center contract to bring him to Jacksonville.

After the slot cornerback market received updates to move it past eight figures per year for the first time, a few more inside contributors cashed in. Kenny Moore and Taron Johnson did the early damage in March 2024, and Michael Carter passed them months later. This year, Lewis helped set the table for Jalen Pitre and Kyler Gordon. Lewis’ situation reminds more of Moore and Johnson’s, as Carter, Pitre and Gordon are second-contract players. Entering his age-30 season, Lewis is on his fourth contract. The Jags looked into reuniting Coen and Carlton Davis, but that market reached $16MM per year. Lewis instead became the team’s CB addition.

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33 Unsigned 2025 Draft Picks Remain

The NFL has hit a logjam and is collectively lagging far behind where it normally is at this point in the offseason. Two years ago, the league hit its last 30 unsigned players before July. Last year, teams were signing rookies as quickly as they were drafting them, and only 10 players remained unsigned by June 17. A couple intriguing situations have caused pens to go quiet in 2025, and as a result, here are the 33 remaining unsigned rookies of the 2025 NFL Draft:

Round 1:

Round 2:

Round 4:

  • No. 107 (Jaguars): Jack Kiser (LB, Notre Dame)

In recent years, a trend has seen second-rounders lasting the longest, but what we’re seeing this year is unheard of. As rookies have been getting a bit of flexibility in negotiating structures of guarantees, getting deals done has become a waiting game of seeing what surrounding picks are getting for comparison. Last year, teams breezed through the issue, but 2025 has seen significantly increased troubles.

Texans wide receiver Jayden Higgins set the tone by signing a fully guaranteed rookie contract, the first ever for a second-round selection. The next day, the Browns were essentially forced to do the same for Carson Schwesinger, picked one slot before Higgins. Shough, the Saints rookie quarterback, is seeking the same deal, hoping that his elevated status as a passer will help convince New Orleans to continue making history. Shough’s efforts have caused every pick between him and Higgins to stand pat, waiting to see if they get to ask for full guarantees from their teams, as well. This would be a drastic development, as last year’s 40th overall pick, Cooper DeJean, received only two fully guaranteed years with only partial guarantees in Year 3.

The biggest story outside of the second round is that of the standoff between Stewart and the Bengals. Stewart has issues with what he perceives as a lack of protection in Cincinnati’s offer that causes a contract default in any year to void any guarantees in all the following years. It’s a new precedent the team is trying to set, and Stewart seems intent on preventing them from doing so.

It will be interesting to see which standoff gets settled first: Stewart’s or Shough’s. The latter standoff ending would likely set off a domino reaction of second-round deals that would help a large number of teams close out their rookie classes. To this point, only four NFL teams have done so.

Extension Candidate: Lamar Jackson

The Ravens return 19 of 22 starters from the team they fielded in Buffalo six months ago. This is mostly good luck, as the team avoided too many expiring contracts to impact players, but that luck shifts pretty hard in the other direction in 2025 with Mark Andrews, Isaiah Likely, Tyler Linderbaum, Odafe Oweh, Travis Jones, Ar’Darius Washington, and many others heading into contract years.

All-Pro safety Kyle Hamilton will be expecting a new deal sometime soon, as well. While the Ravens will surely be working towards extension offers for many of them, there’s one player they’ve already claimed is at the forefront of their priorities for an extension.

So many quarterbacks have gotten new deals in the last two years that Lamar Jackson‘s once-record-setting five-year, $260MM extension from 2023 feels like a distant memory. Thanks to recent new deals for Justin Herbert, Joe Burrow, Trevor Lawrence, Jordan Love, Dak Prescott, Jared Goff, Tua Tagovailoa, Brock Purdy, and Josh Allen, Jackson’s formerly league-leading $52MM annual average salary has sunk all the way down to 10th-highest in the NFL. Head coach John Harbaugh indicated at league meetings that Jackson could be back on top soon.

While it may seem counterintuitive to prioritize a Jackson extension when he still has three years remaining on his contract and the Ravens have so many players on contracts that expire sooner, getting Jackson on a new deal could serve a crucial role in helping to team to secure some of his talented teammates long-term. After this season, the final two years of Jackson’s contract have him sporting an untenable cap hit of $74.5MM. In order to help keep some of his teammates in Baltimore, Jackson and the Ravens could pursue an extension in the fashion of the man who beat him out for MVP last year.

Allen signed a six-year, $330MM extension in March despite the fact that his prior deal still had four years remaining. Instead of simply tacking on new years with more money to grant Allen his extension, the Bills essentially scrapped the terms of his original contract, giving their MVP a raise while keeping some flexibility in the team’s salary cap for years to come.

Allen and Buffalo may have paved the way for Jackson and many quarterbacks expecting raises in the future. The Ravens could create $15.8MM of cap space in 2025 with an extension, and scrapping the terms of the original deal could help significantly lower Jackson’s cap hit in 2026 and 2027, as well. The Ravens supposedly always planned to return to the negotiation table before reaching Jackson’s obscene cap hits, and the Bills may have provided them with the perfect solution.

One key point of difference could come in the cash and guarantee structures. Allen and the Bills chose an extremely straightforward method in which Allen’s cash receipts vary relatively little from year to year, ranging from $52.5MM to $58MM. In contrast, Jackson’s current contract saw him receive $80MM in Year 1 and $31.79MM in Year 2. In Allen’s deal, his full guarantees come from a modest signing bonus ($56.75MM), his first- and second-year base salaries, and $34.5MM of his third-year base salary. Jackson pushed hard for a fully guaranteed deal in 2023 but ended up settling for a signing bonus of $72.5MM, his first- and second-year base salaries, and some bonuses in Years 2 and 3.

It’s hard to know just how much the Ravens could follow in Buffalo’s footsteps with a Jackson deal or just how much Jackson is willing to follow in Allen’s. The team may love the structure, but Jackson may want more money up front, like with his last deal. Jackson may also see the value in spreading out his cash flow in order to ensure that the Ravens can continue to surround him with talented players.

The time is right for Baltimore to try to make something happen, before training camp and the preseason take Jackson away from the table. Regardless, they’ll need to get something done in the next nine months if they want to avoid getting stuck with one player taking up a projected 24.26 percent of the team’s salary cap space in 2026.

Checking In On Unresolved Edge Rusher Situations

At the offseason’s outset, we projected the edge rusher market — which had not moved too much aside from Nick Bosa‘s contract since T.J. Watt‘s 2021 extension — would take center stage due to the volume of marquee players entering contract years. The fireworks have not disappointed.

The Raiders entered the fray despite having Maxx Crosby contracted for two more seasons, and their early play led the Browns to make the same move — one that took Myles Garrett off the trade block. Garrett’s $40MM-per-year number — which led to Ja’Marr Chase‘s asking price changing, as the title of “highest-paid non-quarterback” gains steam in the NFL — still leads the way at his position, but a glut of edge rushers are still deep in negotiations.

Although both Odafe Oweh and Kwity Paye are heading into their fifth-year option seasons, rumors of negotiations have not emerged involving the Ravens and Colts edge players. Those situations are worth monitoring, but front-burner matters involving All-Pro-caliber rushers — and one curious rookie case — have produced a wave of headlines this offseason. As training camps near, here is where everything stands:

Trey Hendrickson, Bengals

The messiest of these situations has brought a staredown. Although the Bengals have seen a few players (Tee Higgins, Jonah Williams, Germaine Pratt) request trades in recent years, they have not buckled. Hendrickson, though, levied accusations against the team at OTAs and is prepared to sit out regular-season games. This came after executive VP Katie Blackburn‘s comments taking issue with Hendrickson’s stance. Highlighted by the Carson Palmer standoff 14 years ago, the Bengals have not been known to cave. But the team seemingly went from being prepared to move on from Higgins to paying its No. 2 wideout after Joe Burrow‘s crusade. Burrow has stumped for Hendrickson as well.

Trade rumors here have died down, despite the Bengals giving Hendrickson’s camp permission to shop around. The Bengals rejected multiple offers, and teams viewed the Bengals’ asking price — believed to be at least a first-round pick — as unrealistic since an acquiring team would need to hand out a monster extension as well. Hendrickson made it clear early in the offseason he wanted either a Bengals extension or to be traded to a team that would authorize one; months have passed without either resolution, leading to frustration from a player who has anchored Cincinnati’s pass rush since signing in 2021.

Hendrickson, 30, went public after no talks commenced in the weeks following the draft and made it known he would extend his holdout into the regular season. The Bengals are likely betting the 2024 sack leader will cave rather than miss game checks, and they have not offered a $35MM-per-year deal — which would surpass Bosa and land in the range Crosby set — to their top defender.

The Bengals also have a long-held precedent of not guaranteeing salary beyond Year 1, joining the Packers and Steelers in that approach. Though, Cincy bent for Chase and Burrow. The team is aiming to give Hendrickson another one-year deal, after extending him (one year, $21MM) in 2023; the ninth-year vet wants a true extension, even if he is not expecting to match Garrett’s Browns terms.

Cincinnati paid Geno Atkins at 30 and Carlos Dunlap at 29 in 2018, authorizing third contracts for both. Hendrickson will be 31 by season’s end, adding urgency to his situation. The team saw its defense regress in 2024, denying an MVP-caliber Burrow season and Chase’s triple-crown showing from producing a playoff berth. Hendrickson has leverage of denying his services to prop up a defense that needs to improve to better the Bengals’ chances at making the playoffs for the first time since 2022. But the sides are not close to an agreement.

Aidan Hutchinson, Lions

Hendrickson’s price may well change if other rushers land deals that move the bar; Hutchinson is a player to monitor here. The Lions acted early with Penei Sewell, giving the All-Pro right tackle a deal that topped both tackle markets in April 2024. Sewell still resides as the NFL’s highest-paid RT. Hutchinson enters his fourth training camp in position to top the EDGE market, as he is going into an age-25 season. He is also now fully cleared from the broken leg that ended his 2024 season early.

The Lions made it known they were preparing to extend Hutchinson, and fifth-year GM Brad Holmes acknowledged the price could change as other extensions are completed at the position around the league. Hutchinson’s second contract will almost definitely come in north of $40MM per year, as he is nearly five years younger than Garrett. The Lions lacking a proven presence opposite the former No. 2 overall pick also increases his leverage, and the sides are expected to accelerate talks now that a full recovery has taken place.

Detroit striking first here likely would provide a discount. The NFL’s 2023 pressures leader, Hutchinson showing All-Pro-level form again would up his price come 2026. Even with the team having Hutchinson signed through 2026 via the fifth-year option, waiting until the option year could lead to a notably higher price if/once Micah Parsons and T.J. Watt receive their big-ticket extensions before Week 1.

Micah Parsons, Cowboys

Considering how the Cowboys played it with Dak Prescott and CeeDee Lamb, this situation has generated headlines since Parsons became extension-eligible in January 2024. Parsons, 26, is a three-time All-Pro who is the top player on a team. Trade rumors emerged in 2024, but they fizzled fairly early. Even as the Cowboys paid Prescott and Lamb on top-market deals, with the QB breaking new ground by reaching $60MM AAV, Parsons has long been expected to receive an extension. Once again, however, the Cowboys are dragging their feet. This routine has even surprised Parsons, who said the Cowboys waiting once again will lead his price to rise.

Parsons said during the Cowboys’ 2024 offseason program he was fine waiting until his contract year to sign a new deal, and he expected to become the NFL’s highest-paid defender. Although the Penn State-developed dynamo missed time due to injury in 2024, nothing has really changed regarding that ask. Parsons floated out what appeared to be a $50MM-per-year ask by the spring. It is unlikely the Cowboys will go there, but the fifth-year rusher admitted his price has already risen based on the Crosby and Garrett deals. Parsons’ age and early-career performance work in his favor, and he just saw his top two teammates lead the Cowboys to breaking on their usual term-length aim.

Both Prescott and Lamb secured four-year extensions, being the rare high-profile Cowboys to land deals shorter than five years. Term length is an issue for Dallas with Parsons, but five- and six-year deals are largely avoided now. Only one free agent (Will Fries) agreed to even a five-year deal this year; the cap’s record growth has led players to prefer shorter-term pacts to cash in again sooner. Rumblings of Parsons and Jerry Jones being in step on price emerged, but no reports of a true agreement have come out.

Parsons is still holding out hope for an extension to be done by training camp, even as Cowboys delays have been much discussed, and it represented a good sign he attended the team’s offseason program and participated at points. A hold-in still should be considered likely until a deal is done.

Shemar Stewart, Bengals

The Bengals have managed to pay both Chase and Higgins while still seeing many question their commitment. The team has attempted to distance itself from a frugal reputation; its handling of the Hendrickson and Stewart situations has made that difficult.

While Hendrickson is amid a classic holdout, Stewart is at odds with his new team over minor contract language. He and Broncos safety Jahdae Barron are the only unsigned first-rounders. Barron signed a waiver that allowed him to participate in Denver’s offseason program; Stewart and the Bengals could not accomplish that. This created a situation in which the Bengals’ top two D-ends were not on the field for offseason work.

Language included in the Bengals’ rookie waiver did not sit well with Stewart, who left minicamp early after voicing confusion about the team’s overall goal. The Bengals want to include a clause in Stewart’s contract “that causes a default in the current year to trigger a default in all remaining years.” Stewart also expressed an issue with bonus payments, as his contract would not match the bonus schedule of 2023 and ’24 Cincy first-rounders Myles Murphy and Amarius Mims. Stewart’s agent wants to negotiate this or potentially secure his client a concession rather than the Bengals making an all-or-nothing crusade on this minor matter.

Regardless of how the sides got here, this is not a good place to start — especially given the Hendrickson situation and the team’s poor 2024 defensive showing. Stewart will be attached to a fully guaranteed $18.96MM rookie deal. Offset language has played a role in some of the few holdouts in the rookie-scale era, but the 2011 CBA largely did away with rookie standoffs. The Bengals’ past shows they are unlikely to budge here, putting the onus on Stewart to accept the team’s terms. But this relationship has endured a seemingly unnecessary early hiccup.

T.J. Watt, Steelers

Watt separated from Parsons’ track by skipping minicamp. This also diverges from the All-Pro’s 2021 course, when he staged a hold-in at minicamp and training camp. More material on Watt’s negotiations has come out this time around; the prospect of a training camp holdout — a practice largely curbed by the 2020 CBA — looms. Watt, 30, is aiming to become the NFL’s highest-paid defender. His resume warrants a commitment on this level, but as of this week, no deal is close. Guarantees are an issue this time around.

The Steelers ended Watt’s hold-in days before the 2021 season, reaching a then-market-setting extension (four years, $112MM). More importantly, Pittsburgh gave Watt $80MM fully guaranteed. This broke the team’s non-QB precedent of not providing guaranteed salary beyond Year 1. With Garrett securing $40MM ahead of his age-30 season, Watt (31 in October) naturally wants what his 2017 draft classmate received. Watt can use the threat of not playing — the Steelers are 1-10 in games he has missed — against a team hellbent on changing its recent one-and-done playoff pattern, having signed Aaron Rodgers and traded for D.K. Metcalf, Jalen Ramsey, and Jonnu Smith.

With this situation still unresolved when the team made the trades with the Dolphins, buzz about teams looking into Watt circulated. The team is undeterred. Moving Watt would seemingly be a nonstarter for the Steelers, as it would make little sense to add the cast of veterans they have only to deal away their best player. Even if the Steelers could use a second first-round pick as ammo to trade up for a 2026 QB prospect — after Rodgers’ expected retirement — trading Watt now would severely wound the 2025 team’s chances.

It will be interesting to see if Watt holds out, as the Steelers famously do not negotiate in-season. That separates these talks from the other three veterans’ negotiations. A resolution will happen by Week 1, and it is still expected Pittsburgh will pay up. As it stands, though, the sides are apart on both guarantees and term length. A 2026 franchise tag would become necessary in the event no agreement is reached, but with the team not having negotiated in-season since 1993, a Watt threat to miss regular-season games — no such threat has come out yet — would carry more weight. Both parties want an extension done by camp, but hurdles remain.

Release Candidate: David Ojabo

David Ojabo entered the NFL with high expectations despite the Achilles tear he suffered shortly before being drafted. The Ravens edge rusher has not developed as hoped, however, and his ability to retain a roster spot this summer will be worth watching.

During Michigan’s Pro Day, Ojabo suffered his torn Achilles. That injury hurt his draft stock, but Baltimore selected him in the second round in 2022. His recovery process resulted in just three combined regular and postseason contests as a rookie, a span which included only one sack. Hopes were high from team and player for a step forward in Year 2, but a knee/ankle injury shut Ojabo down after three games.

This past season saw the 25-year-old appear in 13 games as he managed a much healthier campaign than his first two. Ojabo only handled a 33% snap share, however, and that rotational role resulted in limited production. Two sacks and nine pressures were a reflection of his workload but also an inability to move up the depth chart (which was led by Kyle Van Noy and Odafe Oweh). With one year remaining on his rookie contract, this summer will be critical for Ojabo.

As The Athletic’s Jeff Zrebiec writes (subscription required), Van Noy and Oweh remain in position as starters for 2025. Baltimore’s pass rush group also includes returnees Tavius Robinson and Adisa Isaac, along with second-round rookie Mike Green. Those five can be considered roster locks, whereas Ojabo enters training camp on the bubble. Per Zrebiec, Ojabo could “very easily” find himself on a new team in 2025.

As things stand, Ojabo is set to carry a cap charge of $2.52MM for the final year of his pact. Cutting or trading him would create $1.78MM in savings while generating a dead money charge of only $733K. It would come as a surprise to see a notable trade market in this case, given Ojabo’s missed time and limited production when on the field. In the event he were to be waived, though, teams looking for a depth addition with upside based on age could show interest in a modest deal following roster cuts.

Van Noy is entering the final season of his pact while Oweh is slated to play on his fifth-year option as things stand. Keeping one or both in the fold beyond 2025 would be an understandable goal for the Ravens after each member of that tandem produced double-digit sacks last season. Robinson, Isaac and Green will each be on their rookie deals for at least two more years, so they can be expected to remain in place for that time. Ojabo, on the other hand, could find himself on the move in the near future.

Offseason In Review: Carolina Panthers

Within a 10-month span, the Panthers had seen their owner throw a drink at a fan — amid a string of headlines involving the Carolina boss — and the team’s handpicked quarterback benched by Week 3. This came after the Panthers’ 2024 coaching search, due in part to David Tepper‘s past meddling, saw some big names bow out. As bleak as the franchise’s outlook appeared after Bryce Young‘s September struggles, signs of life emerged as the season wound down.

Carolina’s defense still ranked last, as the season ended with an NFL-worst minus-193 point differential, but the team saw Young make strides weeks after reentering the lineup. The Young-Dave Canales partnership began to pay some dividends, moving the team’s nearly scrapped plan back into focus. Coming out of the season, no Tepper- or Young-driven headlines have dragged down the NFC South club. The Panthers made significant updates to their defense, while Young will enter the season with another first-round wide receiver to target.

Extensions and restructures:

In a remarkable turnaround, Horn managed to score a $25MM-per-year deal that briefly topped the cornerback market. The Panthers had seen the former No. 8 overall pick fall well behind the No. 9 pick in that draft (Patrick Surtain), with injuries frequently impeding the South Carolina alum. Horn exited 2024 having played in just 37 of a possible 68 games as a pro. Up until days before last season, the cornerback market had remained frozen for more than two years. Jaire Alexander‘s $21MM-AAV Packers deal topped the market, but Surtain and Jalen Ramsey changed that. Horn submitting his healthiest NFL season placed him in position to receive a monster raise as well.

Pro Football Focus ranked Horn 60th among CB regulars last season, and Pro-Football-Reference charged him with six touchdowns allowed to go with the highest passer rating (as the closest defender) yielded of his career. Even as Ejiro Evero‘s defense sunk to 32nd in points and yards allowed, Horn made his first Pro Bowl. Perhaps more importantly, he missed only two games. Rather than have Horn play on a fifth-year option, the Panthers extended him at a top-market rate.

NFL contract value is not always a merit-based; timing matters significantly as markets are established. Horn had seen a broken foot sideline him for 14 games as a rookie and then a hamstring injury shelve him for 10 games during a 2023 in which the second-generation NFLer missed 11. Horn has delivered flashes, and the Panthers had a big-ticket salary slot open after trading Brian Burns in 2024.

Ahead of his age-26 season, Horn managed to eclipse Surtain in terms of AAV ($24MM) and fully guaranteed money ($40.7MM) despite the Denver ace’s Defensive Player of the Year season. After the cap spiked by another $24MM, however, Horn and then Derek Stingley Jr. pounced.

The Panthers are making an expensive bet on Horn shaking his early-career injury trouble. This represents a course change for the team, which let both Josh Norman and James Bradberry walk in free agency (under Dave Gettleman and Matt Rhule, respectively) rather than authorize an extension. Guarantees here only go through 2026, however, providing some protection for the team in case Horn cannot shake the injury trouble that largely defined his rookie-deal tenure. Horn receiving Pro Bowl recognition given the Panthers’ anemic 2024 pass rush also undoubtedly raised the team’s confidence in the Rhule-era draftee.

Thielen’s underdog story is poised to continue into a 13th NFL season, as the former Vikings rookie-camp tryout body heads into a third Panthers campaign. Despite the team making three first- or second-round receiver investments over the past three drafts, Thielen has persisted. He entered the offseason with no guarantees remaining on his contract. The Panthers gave him a slight bump, though not one that would prevent a release in the event the aging pass catcher (35 in August) showed a notable decline in camp.

Outlasting the likes of Jonathan Mingo and Diontae Johnson in Charlotte, Thielen produced after the Panthers opted against trading him at the 2024 deadline. Thielen accumulated at least 99 receiving yards in three of the seven games after he came back from a hamstring injury, providing a reliable option as Young made late-season strides.

The Panthers asked about D.K. Metcalf, a former Canales Seahawks pupil, but did not make an offer. They then chose Tetairoa McMillan eighth overall. Thielen could find himself in trade rumors again this year, which may well be his NFL finale, but the three-time 1,000-yard target also is positioned to continue serving as a Young security blanket and mentor to a cast now comprised of three first- or second-year receivers.

Free agency additions:

Losing Derrick Brown in Week 1 came after the Panthers devoted curiously modest resources to replacing Brian Burns. The result: a defense that allowed by far the most points in franchise history. Carolina yielded 534 points; the 30-year-old franchise’s previous-worst was 470 (in 2019). Even if the 17th game is factored in, Evero’s second Panthers defense allowed a team-worst 31.4 points per game. Horn managed an extension coming out of this mess, and Evero has a chance to rebound. Carolina devoted plenty of resources to fixing this broken unit this offseason.

The team chased the biggest fish in the D-line waters in free agency, coming close to having a deal done with Milton Williams. The ascending Eagles supporting-caster, PFR’s No. 3 free agent, was deep in talks with the Panthers. ESPN’s Adam Schefter indicated the sides were working to finalize a deal hours into the legal tampering period. The talks took a turn when the Patriots swooped in, submitting an offer the Panthers did not match. Both New England (Christian Barmore) and Carolina (Brown) already rostered D-tackles at $20MM-plus per year, and the Panthers stood down.

The Pats have Milton on a four-year, $104MM deal that came with $51MM fully guaranteed. Williams sits behind only Chris Jones and Christian Wilkins for DT AAV and full guarantees, and the cap-rich Pats’ actions led the Panthers elsewhere in this market. Wharton used a big contract year alongside Jones to land a monster payday given his UDFA NFL entrance. Dan Morgan‘s right-hand man, Brandt Tilis, was on the Chiefs’ staff when they plucked Wharton out of Division II Missouri S&T in 2020.

PFR’s No. 46 free agent, Wharton saw his market form after both Williams and Osa Odighizuwa were signed early (the latter re-signed with the Cowboys before free agency). The Chiefs wanted to retain him but saw that become unrealistic, due to Jones’ DT-record deal, early in free agency. The Panthers added another interior rusher, albeit one without much pre-2024 production.

Never clearing two sacks or five QB hits in a season before 2024, Wharton broke through in a contract year by registering 6.5 sacks and 11 hits alongside Jones. He added two more sacks in the playoffs. In Wharton’s defense, he had never started more than one game in a season until last year. The increased usage attracted FA interest. It will be interesting to see if the attention Brown will command from O-lines can help Wharton in a similar way.

PFF did not rank Wharton as a strong run defender last season, but the Panthers landed on Bobby Brown to help in that department. Squeezing into our top 50, Brown overlapped with Evero as a rookie in 2021. The former Rams fourth-round pick became a starter after the 2023 losses of Greg Gaines and A’Shawn Robinson, and PFF graded him as a top-30 run stopper (among interior D-linemen) in each of the past two seasons.

Brown remaining productive in this area post-Aaron Donald helped his free agency cause, and only going into his age-25 season helped his cause as well. Though, the Panthers are holding onto some guaranteed money until they observe his 2025 work. Whereas Wharton received two years fully guaranteed, half of Brown’s $5.55MM base salary will lock in on Day 3 of the 2026 league year.

This year’s safety market saw an upswing for the position; no player did better than Moehrig. As the cap ballooned by another $24MM, Moehrig fared better than the top free agent safeties in 2023 (Jessie Bates) and ’24 (Xavier McKinney). Moehrig is now the NFL’s sixth-highest-paid safety. Like Wharton, he used a big contract year to secure a nice FA payday. Unlike Wharton, Moehrig was a four-year starter on his rookie deal. The Raiders’ struggles after their 2021 playoff berth dimmed Moehrig’s profile, but teams were waiting in free agency.

Marcus Epps going down in Week 3 allowed for more Moehrig plays near the line of scrimmage (439 box snaps in 2024 compared to 326 in ’23), and he responded with a career-best 104 tackles to go with five TFLs and a sack. Moehrig also snared two interceptions, giving him five over the past two seasons. The Panthers still hosted Julian Blackmon on a visit after this signing, and an Evero-Justin Simmons reunion — the DC already has several former Rams and a Bronco (Josey Jewell) on this defense — came up recently despite the team choosing a safety (Ohio State’s Lathan Ransom) in Round 4.

Although the draft became the gateway to the Panthers attempting to solve their post-Burns EDGE issue, the team took a flier on Jones. Formerly a D.J. Wonnum teammate in Minnesota, Jones made an impact as a rotational rusher for a top-five defense last season. While backing up Pro Bowlers Andrew Van Ginkel and Jonathan Greenard, Jones tallied seven sacks and 12 QB hits. The Vikings, who also drafted Dallas Turner in the 2024 first round, were not in a position to re-sign Jones. The Panthers will provide more playing time for a player with just five career starts.

Dowdle entered free agency with an interesting resume. With the Cowboys for five years, he logged only seven carries from 2020-22. Waiting behind the Ezekiel ElliottTony Pollard pair, Dowdle served as a special-teamer. But the Cowboys used him as a Pollard backup in 2023 and then needed him to start a year later. Dallas letting Pollard walk and not drafting a running back opened a door for Dowdle, who quickly overtook a shopworn Elliott, who had returned on a low-cost deal.

Dowdle glided for 1,079 yards (4.6 per carry) last season. While the former UDFA’s 61 rush yards over expected (per Next Gen Stats) was a mid-pack number, the South Carolina native carries low tread on his tires — at 331 career carries — entering an age-27 season. He will be positioned as a Chuba Hubbard backup likely to see notable work with Jonathon Brooks out for the season.

Renfrow, 29, is back after spending the 2024 season out of football. A post-June 1 Raiders cut last year, Renfrow quickly fell out of favor with the team during Josh McDaniels‘ HC tenure. Bizarrely going from 1,000-yard receiver to $16MM-per-year extension recipient — a deal McDaniels and GM Dave Ziegler authorized — to a cog that did not fit into McDaniels’ scheme, Renfrow totaled only 585 yards from 2022-23. An ulcerative colitis diagnosis helped keep Renfrow out of football last year, but the Clemson alum — a player who led the 2021 Raiders playoff team in receiving — has recovered from the autoimmune disease and will attempt a comeback.

Re-signings:

Dalton’s Charlotte trajectory took a turn last season. Brought in to mentor a to-be-determined first-round QB in 2023, Dalton did so until Week 3 of last season. The Panthers benched Young, and trade rumors swirled after the former No. 1 overall pick’s shocking freefall. It did not appear Canales and Co. had immediate plans to give Young more time, as the undersized passer had looked terrible in Weeks 1 and 2. A Dalton car accident, however, changed the team’s QB course.

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Extension Candidate: Trey Smith

July 15 looms as the deadline for franchise-tagged players to sign a long-term deal. In the case of 2025, that is only applicable to the Chiefs and right guard Trey Smith.

A trip to free agency appeared to be in store given the cumbersome nature of using the tag on offensive lineman. Tackles, guards and centers are grouped together for the purposes of tag calculations, which often serves as a deterrent when teams consider using it on interior blockers. The Chiefs nevertheless prevented Smith from testing the market by applying the $23.4MM one-year tender in February.

A long-term pact has represented a logical goal for both parties since well before the decision to use the tag. Smith has operated as a full-time starter during each of his four seasons in Kansas City, missing only one game to date. Given his availability concerns coming into the league, remaining healthy has been key for the 26-year-old in establishing his value.

Smith has consistently been amongst the league’s top guards during his Chiefs tenure. The Pro Bowler has ranked between 10th and 15th each season in terms of PFF grade, and he will be expected to remain a strong contributor up front for years to come if a multi-year Kansas City pact can be worked out. The team traded away All-Pro guard Joe Thuney this offseason in a move which freed up money but also signaled an investment in Smith (who is six years younger) would be coming.

Indeed, Chiefs general manager Brett Veach said in April a long-term deal on this front was among his top post-draft priorities. In the months since then, few updates have emerged suggesting the sides are close to an agreement. As the deadline approaches, though, that could of course change in short order.

At the moment, the value of Smith’s fully guaranteed tag is set to match his 2025 cap hit. That figure is the highest for interior O-linemen, but it would be reduced with a long-term pact. The guard market currently includes four players attached to an AAV over $20MM on a multi-year accord, with Landon Dickerson leading the way at $21MM. Smith could certainly look to join that group given his performances, age and the jump in the salary cap since the other deals were signed.

Kansas City already has center Creed Humphrey on the books at an average of $18MM per season (the most at that position). Right tackle Jawaan Taylor also has a notable cap number for the year, although he is not assured of a starting spot this season. The left side of the team’s line, meanwhile, will be the subject of considerable scrutiny as the prospect of first-round rookie Josh Simmons handling blindside duties right away is considered.

Regardless of how that shakes out, Smith will be counted on to remain an anchor up front. Improvement in terms of both run blocking and pass protection will be a key goal for Kansas City in 2025 irrespective of Smith’s contract status. Well before Week 1, however, it will be known if he has a contract beyond the coming campaign.

PFR Originals: Giants, Evans, Bourne, Washington, Raiders, Allen, Colts, Dean

Here is a breakdown of PFR’s latest originals:

  • Recapping Giants’ Offseason: Sam Robinson kicked off the 2025 edition of the Offseason in Review Series by detailing the Giants‘ moves. Both Brian Daboll and Joe Schoen are still in place ahead of what will be a make-or-break season for the pair. Russell Wilson is set to begin the campaign atop the QB depth chart, but the play of first-round rookie Jaxson Dart if/when he sees the field will be critical in determining if the current regime remains in place next season.
  • Exploring Evans Extension: Mike Evans is one of many key veterans the Buccaneers have managed to retain over time. Only one year remains on the six-time Pro Bowler’s contract, though, so another Tampa agreement could be in store. Rory Parks looked into what a fourth contract could look like in this case. Evans, who will be 32 by the start of the season, has managed 1,000-plus yards in each of his 11 years with the Bucs. Another short-term pact would help continue his highly effective partnership with Chris Godwin and ensure a free agent departure does not take place during the waning stages of his career.
  • Detailing Top Cap Charges: Per usual, quarterbacks and edge rushers dominate the league’s financial landscape in terms of cap charges. I listed the top 25 cap hits on offense and defense for 2025, a year in which some movement on that front could still take place. Veterans like Terry McLaurin and T.J. Watt could see their respective cap figures for the coming year drop if extensions are worked out in advance of Week 1. Nevertheless, most NFL teams will carry on with a similar financial setup to the one which has been in place for several years.
  • Previewing Bourne Release: Kendrick Bourne drew interest leading up to the 2024 trade deadline, and the Patriots have made a number of receiver additions this offseason. As a result, his roster spot may be in jeopardy. Ely Allen explored a potential Bourne release. The 29-year-old has two years remaining on his contract, but a release would create over $6MM in cap savings for New England team looking to surround Drake Maye with a new-look receiving corps.
  • Discussing Washington Trade: The Steelers will once again have Pat Freiermuth in place for 2025. Part of their Jalen Ramsey trade resulted in fellow tight Jonnu Smith being acquired as well, however. With that tandem in place, Darnell Washington could be deemed expendable. Ben Levine profiled the 23-year-old as a potential trade candidate. Two years remain on Washington’s rookie pact, so a team interested in adding him would have a cost-effective depth piece. Pittsburgh could, of course, elect to keep him in place as a run blocker with the potential to take on a larger role in the future.
  • Summarizing Raiders’ Offseason: Not for the first time since their move to Vegas, the Raiders cleaned house on the sidelines and in the front office. Sam recapped the moves which included Pete Carroll being hired as head coach as a part of a regime also featuring general manager John Spytek and minority owner Tom Brady. The team’s trade for quarterback Geno Smith and decision to draft Ashton Jeanty sixth overall will give Vegas a number of intriguing new faces on offense in 2025.
  • Looking Into New Allen Deal: Zach Allen enjoyed a career year in 2024, and it could earn him a raise. Sam broke down the 27-year-old’s candidacy for an extension coming off his 8.5-sack campaign. One year remains on Allen’s deal, but the market for defensive linemen capable of producing against the pass has surged in recent years. Known to be on the Broncos’ radar for a new pact, he could be in line for a payday in the near future.
  • Tracking Longest-Tenured HCs, GMs: The 2025 hiring cycle resulted in seven new head coaches being brought in. Many of the longest-tenured staffers remain with their current teams, however. I looked into the new pecking order in terms of head coaching tenures, while Sam did the same with general managers. On the latter front, four new faces are in place for the coming season while 15 GMs hired in 2020 or earlier are still with their respective teams.
  • Reviewing Colts’ Offseason: For much of the Colts‘ offseason, the quarterback position represented the team’s central talking point. Daniel Jones was brought in as competition for former No. 4 pick Anthony Richardson, and the winner of the contest for the QB1 gig will be worth watching for. Given the death of owner Jim Irsay, though, the transition to his three daughters – in particular Carlie Irsay-Gordon – will be critical in shaping the franchise’s direction. Sam recapped Indianapolis’ moves ahead of what will be a crucial season for Richardson but also head coach Shane Steichen and general manager Chris Ballard.
  • Profiling Dean As Cut Candidate: While Evans is a logical target for a new Buccaneers pact, this summer could of course see notable players released ahead of the campaign. Ely wrote about one of them in the form of cornerback Jamel Dean. In six years with Tampa Bay, Dean has racked up 63 starts and won a Super Bowl. However, the team has invested heavily at the CB spot in recent drafts, and moving on from the 28-year-old this summer (with two years remaining on his pact) would create nearly $13MM in cap savings.

Release Candidate: Jamel Dean

Buccaneers cornerback Jamel Dean has enjoyed an impressive career in Tampa Bay. Since the team drafted him out of Auburn in the third round of the 2019 draft, Dean has been a consistent, impactful presence in the Buccaneers’ secondary, starting 63 games in 82 appearances while recording eight interceptions, 52 passes defensed, and 313 tackles. He even won a Super Bowl in his second year with the team. Even so, it stands to reason that Dean’s time in pewter and red (and occasionally Creamsicle orange) could reasonably come to an end.

To begin with, injuries have been starting to impact the 28-year-old lately. Now, Dean has never played every game in a season, missing at least two games each year, but 2023 saw Dean miss four games with neck, knee, and ankle issues and 2024 saw Dean miss five games, including four straight, with a hamstring issue and a knee injury. Ultimately, it’s understandable to a degree, given the nature of the sport, but as Dean’s salary ($12.5MM in 2025 and $13MM in 2026) and cap hit ($15.14MM in 2025 and $15.78MM in 2026) continue to increase each year of his second contract, those missed games hurt that much more.

That brings us to our second point to this theory. Dean’s second contract — a four-year, $52MM re-signing in 2023 — features a potential out after the 2024 season that would have allowed the team to terminate the deal with only $6.85MM of dead money and $8.29MM of cap savings. Now that we are post-June 1, that potential out looks even more tempting as it would leave Tampa Bay with only $2.28MM in dead money and $12.85MM in cap savings.

In order to cut a starter like Dean, though, they should be confident that they can replace him. That makes it interesting, then, to go back and see that the Buccaneers utilized two Day 2 picks on second-round Notre Dame cornerback Benjamin Morrison and third-round Kansas State cornerback Jacob Parrish.

Morrison was garnering plenty of first-round buzz before suffering a season-ending hip injury in mid-October. His film from his freshman and sophomore campaigns — showing fluidity, vision, and big play ability — was enough to land him in the second round. Parrish is an extremely quick and twitchy cornerback with balance and physicality that help him play much bigger than his actual size. When matched up against the Heisman-winning, No. 2 overall pick Travis Hunter this season, Parrish limited the two-way player to only three catches for 26 yards and no touchdowns.

If all that’s been laid out here comes to pass, and the Buccaneers part ways with the veteran of six years, Dean should be fine. He’s only two years removed from having earned a significant second contract, and at 28, he still has plenty of tread on his tires. Not to mention, any team lucky enough to have a hole at cornerback and a healthy chunk of available cap would be getting a cornerback who has never ranked lower than 26th (he averages around 16th over six seasons) in Pro Football Focus’ position rankings (subscription required).

The Buccaneers may very well intend for Dean to see his contract through, or perhaps they may even restructure the deal or extend him on new terms. He’s been a consistent, impactful presence and could be for years to come in Tampa Bay. But should the team want to improve its cap space from an admittedly already healthy $26.63MM, per OvertheCap.com, to $39.48MM, moving them from 14th in the NFL to fourth, this would be a potential option.