Steelers To Release Vince Williams

The Steelers are staying busy on Tuesday, releasing a long-time defensive player. Pittsburgh is cutting linebacker Vince Williams, sources told Jeremy Fowler of ESPN.com (Twitter link).

As Fowler notes, the move will save the Steelers about $4MM in cap space. The Steelers drafted Williams in the sixth-round back in 2013, and he spent the past eight seasons with the team. In August of 2018 he signed a three-year extension worth $18.6MM. Not bad for a former 206th overall pick.

Williams was a part-time player earlier in his career, but has been a starter the past four seasons. This past year he appeared in 14 games, all starts, racking up 70 tackles, 14 for a loss, and three sacks. In 2017 he had eight sacks despite being an inside linebacker.

The Florida State product will now hit free agency for the first time at the age of 31. He should get picked up by a team in need of linebacking help before too long.

Steelers To Re-Sign Zach Banner

Maurkice Pouncey has retired, Matt Feiler just signed with the Chargers, and the Steelers might be looking to move on from Alejandro Villanueva, so Pittsburgh’s offensive line is going to look a lot different next year no matter what.

But not everybody is walking out the door, as the team has agreed to terms on a deal to retain tackle Zach Banner, Aditi Kinkhabwala of ESPN.com tweets. It’s a two-year, $9.5MM deal with a $3.25MM signing bonus, she reports. Not too shabby for a player with only two career starts under his belt.

A fourth-round pick of the Colts back in 2017, Banner was cut before ever playing in a game for Indy. He then had brief stints with the Browns and Panthers before landing with the Steelers. He only started one game in 2019, but played in 14 and played 22 percent of the offensive snaps.

Last offseason he won the job to be the Steelers’ new starting right tackle, but tore an ACL during their Week 1 win over the Giants. The team clearly believes in him, and it seems like they envision him winning the starting job again. Since his ACL tear came so early in the year, the USC product should be ready to go for the start of the 2021 season.

Steelers To Retain CB Cameron Sutton

Despite an unfavorable cap situation, the Steelers have found some room to keep one of their own free agents off the market.

They reached a deal to retain cornerback Cameron Sutton, according to NFL.com’s Tom Pelissero (on Twitter). Sutton will stay in Pittsburgh on a two-year, $9MM pact.

The Steelers are expected to let a few higher-profile free agents walk, with JuJu Smith-Schuster, James Conner and Bud Dupree almost certainly on their way out. But a deal for a role player like Sutton figures to help out amid an offseason cap crunch.

Sutton has worked as a rotational cog in Pittsburgh, having started just eight games since the Steelers drafted him in the 2017 third round. Six of those starts came last season. The Steelers also face the prospect of losing longtime slot corner Mike Hilton, making corner a potential area to address for the defending AFC North champions.

Steelers GM Kevin Colbert Signs Extension

The Steelers’ brass will officially be back together for at least one more ride. After wrapping up the Ben Roethlisberger saga recently, Pittsburgh has now signed GM Kevin Colbert to a one-year extension, the team announced on Monday.

Colbert’s contract will now run through the 2022 season, closing one of the last major questions for the Steelers this offseason. His deal had previously been set to expire in May, and last month Colbert waffled about his status. He’s indicated he prefers to go year to year at this point in his career, and has flirted with retirement in recent years.

The Lions were apparently interested in poaching him away earlier this offseason before they ultimately hired Brad Holmes for their gig. Colbert has been in the Steelers’ front office since 2000, and has held the title of general manager since 2010.

The 64-year-old recently spoke passionately in defense of his head coach Mike Tomlin, saying “Mike Tomlin has done so much more good in this league than not good.

Mike is an excellent NFL head coach. He’s won a Super Bowl. He’s been to two. Have we had the success we wanted to have recently? No, that’s a collective ‘we.’ We’ll just continue to work to make sure (a downward trend) doesn’t happen.” He’ll certainly have his work cut out for him this offseason, as he needs to reconfigure the offensive line, figure out what to do about JuJu Smith-Schuster, keep the defense and elite, and start planning for the post-Roethlisberger era under center.

RFA/ERFA Tender Decisions: 3/13/21

Teams have until March 17 to extend tender offers to their restricted free agents and exclusive rights free agents. . Some teams are already making their calls in advance of March 17. We’ll keep tabs on the latest here:

RFAs

Non-Tendered: 

ERFAs

Tendered: 

Steelers Bring Back OL B.J. Finney

Almost a year after allowing B.J. Finney to defect to the Seahawks in free agency, the Steelers are bringing him back on a one-year deal. They reached an agreement to re-sign the veteran interior offensive lineman Friday.

Finney played the first four years of his career in Pittsburgh but bounced around in 2020. The Seahawks signed him to a two-year deal but traded him to the Bengals for Carlos Dunlap. The Bengals made him a cap casualty recently.

The Steelers acquired Finney as a UDFA previously and used him as a backup and part-time starter at center and guard from 2016-19. Finney made 13 starts for those Steelers teams and parlayed that spot duty into a two-year, $8MM Seahawks pact. He did not start any games with Seattle and Cincinnati.

Returning ahead of his age-30 season, Finney should help a Steelers team that saw 11-year center starter Maurkice Pouncey retire this offseason. That move came a year after longtime guard Ramon Foster exited the NFL. Finney profiles as a low-cost addition who could play a bigger role than he previously did in Pittsburgh.

John Brown Eyeing Colts, Steelers

John Brown has a couple of teams in mind. This week, the free agent wide receiver told SiriusXM (Twitter link) that he sees the Steelers and Colts as solid fits. 

It depends who needs receivers,” Brown said. “You know, the Pittsburgh Steelers, Big Ben is definitely good with the deep ball, and the Indianapolis Colts, [I’ve noticed] the way they use T.Y. Hilton. When we played those guys in the playoffs last year I walked off and I’m like, this team, they’re up and coming, they’re going to be a problem in the next few years.”

So, you know, I got options, I feel like I would fit in anywhere, but those are just the main two off the top [of my head]. Anywhere I can come in and help and be a small piece to the puzzle, or if they need me to be a big piece to come in and help younger guys out and move around and do what I have to do. Those are the main two teams, though.”

The Colts would make plenty of sense for Brown. As the former Bills standout eluded to, Hilton is out of contract, and Brown could take his place on the depth chart. The Steelers, meanwhile, will probably have bigger needs to address, even if JuJu Smith-Schuster goes elsewhere.

In 2019, Brown’s first season with the Bills, he managed new career highs of 72 catches for 1,060 receiving yards. Last year, he was limited just nine games and finished with a 33/458/3 stat line. It wasn’t the ideal platform year for Brown, though he didn’t know that it would be his walk year at the time. The Bills released Brown on Wednesday; the veteran says the move came without warning.

NFL Announces Compensatory Picks For 2021 Draft

The NFL has awarded compensatory draft picks for teams in the 2021 draft.

These picks are awarded to the teams that suffered the most significant free agent losses during the 2020 offseason. This year, the NFL awarded 36 comp picks. The comp pick formula assigns picks who suffered the largest net losses, so teams that signed multiple free agents have a lesser chance of receiving picks. The Cowboys top the list (shared below) with a league-high four selections.

A change to this year’s formula took place, with the NFL awarding four picks to teams who saw one of their minority staffers become a head coach or GM. The 49ers, Rams, Ravens and Saints earned third-round comp picks this year. They will receive additional third-rounders in 2022. The Rams added a third-rounder after losing college scouting director Brad Holmes (Lions GM); the Ravens lost quarterbacks coach David Culley (Texans HC); the Saints lost assistant GM Terry Fontenot (Falcons GM). In losing VP of player personnel Martin Mayhew (Washington GM) and defensive coordinator Robert Saleh (Jets HC), the 49ers will have an additional third-round pick in 2023 as well.

Here’s the full breakdown, by round and by team:

By round:

Round 3: Patriots (No. 96 overall), Chargers (97), Saints (98), Cowboys (99), Titans (100), Rams (101), 49ers (102)*, Rams (103)*, Ravens (104)*, Saints (105)*

Round 4: Cowboys (No. 139 overall), Patriots (140), Steelers (141), Rams (142), Packers (143), Vikings (144), Chiefs (145)

Round 5: Packers (No. 178 overall), Cowboys (179), Falcons (180), 49ers (181), Chiefs (182), Falcons (183), Ravens (184)

Round 6: Buccaneers (No. 217 overall), Saints (218), Falcons (219), Packers (220), Bears (221), Panthers (222), Vikings (223), Eagles (224), Eagles (225), Panthers (226), Cowboys (227), Bears (228)

By team:

  • Dallas Cowboys (4)
  • Atlanta Falcons (3)
  • Green Bay Packers (3)
  • Los Angeles Rams (3)
  • New Orleans Saints (3)
  • Baltimore Ravens (2)
  • Carolina Panthers (2)
  • Chicago Bears (2)
  • Kansas City Chiefs (2)
  • Minnesota Vikings (2)
  • New England Patriots (2)
  • Philadelphia Eagles (2)
  • San Francisco 49ers (2)
  • Los Angeles Chargers (1)
  • Pittsburgh Steelers (1)
  • Tampa Bay Buccaneers (1)
  • Tennessee Titans (1)

* = special compensatory selection

Contract Restructures: Panthers, Cowboys, Giants, Saints, Eagles, Steelers

It’s that time of year when teams are frantically maneuvering ahead of free agency. Due to the cap falling because of COVID-19, things are even more hectic than ever. We’ve seen a whole bunch of contract restructures come in, and there will be a whole lot more. Let’s catch you up on the latest batch and their financial implications:

  • The Panthers restructured Christian McCaffrey‘s contract recently, Mike Garafolo of NFL Network tweets. They converted $7MM of his $8MM base salary into a signing bonus, which freed up about $5.6MM in cap space for 2021. Almost a year ago McCaffrey signed his record-breaking extension that has him locked up through the 2025 season.
  • The Cowboys have had a busy week with Dak Prescott‘s massive extension now in the books, and they made a trio of moves to help clear some space. Dallas restructured the deals of Zack Martin, Tyron Smith, and La’el Collins, a source told Todd Archer of ESPN.com. The reworking of the three offensive linemen’s contracts cleared up about $17MM in cap space for Jerry Jones. As Archer notes, these moves have now gotten Dallas under the cap for 2021.
  • The Giants just cut top offensive lineman Kevin Zeitler as they look to clear cap space to keep guys like defensive linemen Leonard Williams and Dalvin Tomlinson. The Zeitler release isn’t the only shuffling they’re doing, as they also restructured the contract of tight end Levine Toilolo, and Jordan Raanan of ESPN.com tweeted the details. Rather than a procedural restructure like you see with star players, Toilolo actually took a pay-cut to stay with the team. He had been scheduled to make $2.95MM this year but agreed to reduce that to $1.6MM, saving the Giants north of $1MM against the cap.
  • We’ve got four other restructures to pass along, courtesy of this tweet from Ian Rapoport of NFL Network. The Saints restructured the deals of safety Malcolm Jenkins to save $3.4MM and offensive lineman Andrus Peat to save $6MM. New Orleans has the worst cap situation in the league, and they desperately needed moves like this to do things like franchise tag safety Marcus Williams.
  • The Eagles saved $2.4MM by reworking the deal of offensive lineman Isaac Seumalo. Philly is right up there with New Orleans in terms of bad cap situations, so GM Howie Roseman is likely far from done here.
  • The Steelers saved $880K by adjusting fullback Derek Watt‘s contract. Not exactly front page news here, but it should shore up Watt’s spot on the 2021 roster. T.J. and J.J.’s brother signed a three-year, $9.75MM pact last offseason.

NFL’s Fifth-Year Option Salaries For 2021

The NFL’s 2021 salary cap has been set at $182.5MM, marking the league’s first reduction in a decade. With that, the league has also ironed out the value of this year’s fifth-round option for 2018 first-round picks.

Here’s the full rundown, via NFL.com’s Tom Pelissero (on Twitter):

1. Baker Mayfield, Browns, QB — $18.858MM (playing time)

2. Saquon Barkley, Giants, RB — $7.217MM (1x Pro Bowl)

3. Sam Darnold, Jets, QB — $18.858MM (playing time)

4. Denzel Ward, Browns, CB — $13.294MM (1x Pro Bowl)

5. Bradley Chubb, Broncos, LB — $12.716MM (1x Pro Bowl)

6. Quenton Nelson, Colts, G — $13.754MM (2x Pro Bowl)

7. Josh Allen, Bills, QB — $23.106MM (1x Pro Bowl)

8. Roquan Smith, Bears, LB — $9.735MM (playing time)

9. Mike McGlinchey, 49ers, OT — $10.88MM (playing time)

10. Josh Rosen, Cardinals, QB*

11. Minkah Fitzpatrick, Steelers, S (drafted by Dolphins) — $10.612MM (2x Pro Bowl)

12. Vita Vea, Buccaneers, DT — $7.638MM

13. Daron Payne, Washington, DT — $8.529MM (playing time)

14. Marcus Davenport, Saints, DE — $9.553MM

15. Kolton Miller, Raiders, OT — $10.88MM (playing time)

16. Tremaine Edmunds, Bills, LB — $12.716MM (1x Pro Bowl)

17. Derwin James, Chargers, S — $9.052MM (1x Pro Bowl)

18. Jaire Alexander, Packers, CB — $13.294MM (1x Pro Bowl)

19. Leighton Vander Esch, Cowboys, LB — $9.145MM

20. Frank Ragnow, Lions, C — $12.657MM (1x Pro Bowl)

21. Billy Price, Bengals, C — $10.413MM

22. Rashaan Evans, Titans, LB — $9.735MM (playing time)

23. Isaiah Wynn, Patriots, OT — $10.413MM

24. D.J. Moore, Panthers, WR — $11.116MM (playing time)

25. Hayden Hurst, Falcons, TE (Drafted by Ravens) — $5.428MM

26. Calvin Ridley, Falcons, WR — $11.116MM (playing time)

27. Rashaad Penny, Seahawks, RB — $4.523MM

28., Steelers, S Terrell Edmunds — $6.753MM (playing time)

29. Taven Bryan, Jaguars, DT — $7.638MM

30. Mike Hughes, Vikings, CB — $12.643MM

31. Sony Michel, Patriots, RB — $4.523MM

32. Lamar Jackson, Ravens, QB — $23.106MM (1x Pro Bowl)

* Rosen was released from his original contract and, therefore, is not option-eligible 

As a refresher, the fifth-year option year is now fully guaranteed. In the past, it was guaranteed for injury only. The values are also dependent on certain performance metrics:

  • Two-time Pro Bowlers (excluding alternate Pro Bowlers) will earn the same as their position’s franchise tag.
  • One-time Pro Bowlers will earn the equivalent of the transition tag.
  • Players who achieve any of the following will get the average of the 3rd-20th highest salaries at their position:
    • 75%+ snaps in two of their first three seasons
    • 75%+ average across all three seasons
    • 50%+ in each of first three seasons
  • Players who do not hit any of those benchmarks will get the average of the 3rd-25th top salaries at their position.
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