The Jaguars reworked safety Rayshawn Jenkins‘ contract earlier this week, creating a chunk of cap space. Per Jason Fitzgerald of OverTheCap.com, the team converted more than $6.4MM of Jenkins’ salary into a signing bonus and added three void years to the contract. As a result, the team dropped the defensive back’s cap number from $10.5MM to $5.3MM, thus opening more than $5MM in cap space.
Jenkins’ 2024 cap number will rise by more than $1MM. In the event the Jaguars eventually move on from the player, they’ll be left with a dead cap hit of $5.1MM in 2024 or $3.85MM in 2025.
We’ve collected more contract notes below:
Calais Campbell‘s one-year, $7MM deal with the Falcons includes a $4MM guaranteed salary and a $3MM signing bonus, per Aaron Wilson of ProFootballNetwork.com (via Twitter). He can earn another $2MM via incentives, including marks for sacks and playing time. According to ESPN’s Michael Rothstein (on Twitter), $500K of Campbell’s incentives are likely to be earned.
Defensive tackle Johnathan Hankins inked a one-year, $1.16MM deal with the Cowboys that also includes an $152K signing bonus, per Wilson (on Twitter). After starting 116 of his 117 appearances between 2014 and 2021, Hankins only started four of his 10 appearances for the Raiders and Cowboys last season.
Running back Devin Singletary‘s new deal with the Texans includes up to $1MM in incentives, per Wilson (on Twitter). Half of those bonuses come via playing time incentives, and he can earn another $500K for certain statistical milestones above 1,000 yards from scrimmage.
Dallin Leavitt’s one-year contract with the Packers is worth $1.4MM, including a $1.08MM base salary, according to ESPN’s Rob Demovsky (on Twitter). He can earn up to $170K in roster bonuses, all via $10K per-game roster incentives. Demovsky also passes along that Justin Hollins got an $155K signing bonus and $45K workout bonuses from the Packers, while Eric Wilson got an $152K signing bonus.
Defensive lineman Carlos Watkins got a one-year, $1.67MM deal from the Cardinals, according to Howard Balzer (on Twitter). This includes a $250K signing bonus, an $1.08MM signing bonus, and up to $340K in per-game roster bonuses. That all results in an $1.57MM cap hit.
Jordan Phillips‘ contract with the Bills is for one year worth $3MM, per Ryan O’Halloran of The Buffalo News (on Twitter). He’ll earn $1.22MM in guaranteed money, and he can earn up to $4.6MM thanks to incentives.
The Cowboys showed interest in retaining Carlos Watkins, but the veteran defensive lineman will instead trek to the desert. Watkins agreed to terms on a one-year Cardinals deal Thursday night, according to the team.
Watkins spent the past two seasons in Dallas, working as a regular starter. Having played inside and on the edge during his six pro seasons, the Clemson alum will join a Cardinals team that lost its top two defensive linemen — J.J. Watt and Zach Allen — this year.
Residing as a starter and rotational presence in a 4-3 scheme with the Cowboys, Watkins will transition to Jonathan Gannon‘s revamped Cardinals defense. The Cards have also addedL.J. Collier, who disappointed during his Seahawks rookie contract, to their defensive line mix. But replacing Watt and Allen will be no small task. Watkins, 29, will be part of the group asked to do it.
Watkins signed two Cowboys contracts — one-year deals in 2021 and ’22 — and earned barely league-minimum dough on each. Still, the former Texans fourth-round pick started 18 games with the Cowboys. He totaled five tackles for loss and recovered a fumble in 2021 with Dallas, helping the team return to the playoffs.
Last season, the Cowboys used Watkins at a slightly reduced rate on defense (35%) compared to 2021, when he played 438 defensive snaps and earned a 43% snap rate. Pro Football Focus slotted Watkins just inside the top 80 among D-tackles last season. While Dallas was interested in bringing Watkins back, the team re-signedJohnathan Hankins on Wednesday and still has a host of rookie-contract defensive tackles rostered.
Part of Clemson’s national championship-winning 2016 team, Watkins recorded 10.5 sacks as a senior with the ACC power. He has never come close to approaching that total as a pro, registering five in six seasons. But he will have a chance to compete for a rotational role in Arizona, which still has needs on its defensive front after Watt’s retirement and Allen’s decision to follow Vance Joseph to Denver.
The veteran lineman joined the Cowboys as a part of a midseason trade last year that sent Hankins and a 2024 seventh-round pick to Dallas in exchange for a sixth-round pick in this year’s draft. Hankins played in five games for the Cowboys, starting three, before being placed on injured reserve for the rest of the regular season. He made it back to the active roster in time for the playoffs, though, and played a strong snap percentage in the team’s two postseason contests.
Hankins doesn’t light up a stat sheet, but he does the dirty work in the trenches that allows his teammates to steal the spotlight. He showed up last season for a Cowboys defense that was struggling mightily against the run. The impact he was able to make in his short time with the team was enough to convince Cowboys decision makers to bring him back.
The 30-year-old will be coming back on a one-year deal worth approximately $1.5MM. He’s set to receive a $1.17MM base salary with a bonus of $152,500. The deal is a veteran salary benefit contract, according to Michael Gehlken of the Dallas Morning News, meaning Hankins should have a cap hit of just under $1MM.
Following the 53-man roster cutdown deadline Tuesday, many teams will make slight tweaks to their rosters. In addition to waiver claims, teams can begin constructing their 16-man practice squads today. These Commanders, Cowboys, Eagles and Giants moves are noted below.
Here are Wednesday’s NFC East transactions, which will continue to be updated throughout the day.
The Cowboys are currently rolling without a second QB behind Dak Prescott after the team moved on from Cooper Rush, Will Grier, and Ben DiNucci. Rush has the most experience of the group, appearing in 10 career games, including five appearances (one start) with Dallas in 2021. The 28-year-old finished last season having completed 30 of his 47 pass attempts for 422 yards, three touchdowns, and one interception. The Cowboys also aren’t rostering a kicker or long snapper at the moment, something that will certainly change over the next few days.
Special teams ace C.J. Goodwin could also land back on the active roster once the dust settles. Goodwin has spent the past four seasons in Dallas, and he hasn’t missed a game over the past three years. The 32-year-old finished last season with a career-high 10 tackles.
The Cowboys are re-signing players from both sides of the ball. According to Clarence Hill Jr. (on Twitter), Dallas has re-signed defensive tackle Carlos Watkins and tight end Jeremy Sprinkle.
After spending the first four seasons of his career in Houston, Watkins joined the Cowboys last offseason. He ended up starting 14 of his 15 games last year, collecting 32 tackles, one sack, and one highlight-worthy pick-six.
In total, the 28-year-old has seen time in 57 career games, collecting five sacks and 14 tackles for loss.
Sprinkle also joined the Cowboys last offseason following four seasons with Washington. The tight end ended up starting four of his 17 games, hauling in three receptions for 31 yards. Sprinkle also had a consistent role on special teams. His best offensive season came in 2019 when he hauled in 26 receptions for 241 yards and one touchdown.