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Restructured Contracts: Garoppolo, Bills, Wilson, Reed

September 5th, 2023 at 9:37pm CST by Ben Levine

Jimmy Garoppolo continues to help the Raiders carve out cap space. After reworking his deal earlier this offseason, the quarterback has once again restructured his deal, per ESPN’s Field Yates (via Twitter).

The move will create $17MM in cap space for the organization, making them cap compliant. As Vince Bonsignore of the Las Vegas Review-Journal notes, the team previously converted an $11.25MM signing bonus into base salary, increasing Garoppolo‘s salary from $11.25MM to $22.5MM in the process. Bonsignore assumes the front office did some work today to reduce that newfound 2023 number.

Shortly after Garoppolo signed a three-year, $72.75MM deal, he underwent surgery to repair the fractured foot he sustained in early December. The Raiders’ first restructuring helped protect the organization in case the QB’s foot injury lingers into the regular season.

More financial notes from around the NFL…

  • The Bills opened a chunk of cap space today. The team opened $4.5MM in cap space by restructuring the contracts of guard Ryan Bates and cornerback Taron Johnson, per Yates. Bates turned into a full-time starter for the Bills in 2022, while Johnson has started 41 games for Buffalo over the past three seasons.
  • Cedrick Wilson Jr. reworked his contract with the Dolphins prior to cutdown day, per Jonathan Jones of NFL on CBS. The veteran wideout lowered his base salary to $2MM while receiving a $3MM signing bonus, equaling his $5MM in guarantees from last season. With incentives, Wilson can earn up to $7.25MM on his reworked contract.
  • The Vikings recently reworked the contract of guard Chris Reed, according to ESPN’s Ben Goessling. The offensive lineman’s base salary is now fully guaranteed at $1.165MM, an increase from the $1.4MM ($600K guaranteed) pact he was previously attached to. This was the second time this offseason that Reed agreed to a reworked contract.
  • Browns left tackle Jedrick Wills restructured his deal recently, converting $2.28MM of his base salary into a signing bonus, per Yates. The new deal also has three new void years, opening around $1.8MM in cap space.
  • The Cowboys restructured Neville Gallimore‘s contract, according to ESPN’s Todd Archer. The defensive tackle’s salary was reduced from $2.7MM to $1.5MM, and he can now earn $750K via incentives.

AFC East Notes: Becton, Diggs, Dolphins

August 1st, 2023 at 4:07pm CST by Sam Robinson

His place as one of the NFL’s most injury-prone players notwithstanding, Mekhi Becton made some pointed comments when insisting he was a left tackle in May. This forced Robert Saleh to address said comments. Several weeks after predicting he would return to his former spot and win the job, the fourth-year blocker now said (via the New York Post’s Brian Costello) he would be fine playing right tackle again. Becton, who has missed 33 straight regular-season games, said he underwent the wrong surgery to repair his September 2021 knee injury. He indicated he was not fully healed when he went down again, shortly after being moved to right tackle, during the Jets’ 2022 training camp. Becton, who missed time during this year’s camp with more knee trouble, has returned to the field and is expected to play in a limited role in Thursday’s preseason opener, Saleh said.

Duane Brown, 37, has been viewed as the favorite to win the Jets’ left tackle position. But the 16th-year veteran, who underwent shoulder surgery this offseason, remains on the team’s active/PUP list. Billy Turner had received first-team left tackle reps in front of Becton earlier in camp, though the ex-Packers and Broncos right tackle has also been working on the right side with Max Mitchell.

Here is the latest from the AFC East:

  • The Bills have made a concerted effort to put Stefon Diggs questions in their rearview mirror. The Pro Bowl wide receiver said he is not angling for more say in the team’s play-calling. “For me to just want more say in the offense, it’s crazy because I play receiver,” Diggs said recently. “I don’t care what play is called. I can’t get up there and say, ‘Call this.’ It’s a lot of outlandish, obvious things where people [are] throwing out there or people were saying as far as my role.” A report suggested Diggs was unhappy with his role in Buffalo’s offense. Although Diggs did not say what caused Sean McDermott to send him home from a minicamp day, the ninth-year veteran has since said he was never at odds with Josh Allen and said he and the Bills are on good terms. Diggs’ $24MM-per-year contract runs through 2026.
  • Although it would seem Mike White had a virtual guarantee to become the Dolphins‘ backup quarterback, he entered camp in a battle with 2022 third-stringer Skylar Thompson for the gig. White signed a two-year, $8MM deal ($4.5MM guaranteed) in March, and the Dolphins were believed to be enamored with the ex-Jet as Tua Tagovailoa insurance. Thompson has extended a promising offseason into training camp, per the Miami Herald’s Barry Jackson, who adds last year’s QB3-turned-emergency starter is being given a legitimate opportunity to become the backup. Considering Tagovailoa’s injury history, Miami’s QB2 post stands as one of the league’s most important reserve spots.
  • Daron Payne, Jeffery Simmons, Dexter Lawrence and Quinnen Williams have signed long-term deals this offseason, creating a fairly set price range for the Dolphins as they negotiate a Christian Wilkins extension. While the team wants to extend the fifth-year D-tackle and is optimistic on doing so, ESPN’s Jeremy Fowler notes no significant momentum has developed in these talks. Wilkins is tied to a $10.75MM fifth-year option salary. The sides have been talking for months.
  • Dolphins target Cedrick Wilson Jr. has been connected to trade rumors. Multiple reports indicated the team was willing to part with Wilson, who signed a three-year deal worth $22.1MM in March 2022. Dolphins GM Chris Grier said the team is not shopping Wilson, despite reports to the contrary, and the sixth-year receiver said (via Jackson) he is not seeking a trade. Wilson’s $5MM guarantee for 2023 will complicate a trade; the Dolphins would save $7MM by moving him. Wilson did not live up to his contract last year, totaling 136 receiving yards in 15 games. While Trent Sherfield is no longer in the mix, the Dolphins have added Chosen Anderson and Braxton Berrios this offseason.

Dolphins Taking Calls On Cedrick Wilson; Chosen Anderson Reached Out To Team

April 19th, 2023 at 12:27pm CST by Sam Robinson

Cedrick Wilson signed a three-year, $24MM Dolphins deal 13 months ago, but the former Cowboys wide receiver is believed to be available. GM Chris Grier addressed Wilson’s status Wednesday.

The Dolphins have indeed taken calls on their No. 3 wideout, who is due $7MM base salaries in 2023 and ’24. While Grier said the expectation is Wilson will be back for a second Miami season, the possibility of a trade appears to remain.

“Teams have called; we’re not shopping him,” Grier said, via the Miami Herald’s Barry Jackson. “We’ve had a couple teams reach out. He’s a real good guy. We’re trying to do right by him.”

Grier’s comments come a few weeks after the Herald report indicated Wilson was available. Since that report, the Dolphins have signed Chosen Anderson. The team already added Braxton Berrios, whom Grier said will play some slot receiver — while pointing to the ex-Jets target being locked in as the Dolphins’ new return man — and has Tyreek Hill and Jaylen Waddle entrenched atop the depth chart.

A 2018 sixth-round pick, Wilson, 27, disappointed during his first Dolphins season. In 15 games, Wilson caught just 12 passes for 136 yards and no touchdowns. Those numbers are obviously out of step with the contract Wilson signed and stand to drive down Wilson’s trade value. Grier’s comments on the team’s auxiliary receivers point to (via Outkick.com’s Armando Salguero) neither Wilson nor Anderson having a guaranteed place on the 53-man roster.

Anderson, 29, reached out to the Dolphins about a potential deal, Grier said, and spent multiple days in talks with wide receivers coach Wes Welker — in addition to talking with Mike McDaniel — before the Dolphins brought him aboard. Anderson is three years removed from his best season — a 1,096-yard year with the 2020 Panthers — but has not come close to replicating that performance since. Carolina interim HC Steve Wilks dismissed Anderson from the sideline during a loss to the Rams; the team traded him to Arizona a day later. A South Florida native, Anderson caught just seven passes in 10 Cardinals games.

“I told him don’t rush through this decision just because it’s home,” Grier said. “Talk to other teams. We have two dynamic players that are starters. We told him what the role would be and he’s excited and all in. We’re excited to add him. We didn’t promise him anything. We have good young players. He understood that.”

Beyond Waddle, the Dolphins do not have other notable rookie-contract wideouts on their roster. Trent Sherfield, who totaled 417 yards last season, signed with the Bills. That leaves the door open for Wilson, Anderson or Berrios to pick up the slack as a tertiary Tua Tagovailoa target.

Dolphins Willing To Trade WR Cedrick Wilson

April 1st, 2023 at 7:57pm CST by Adam La Rose

The Dolphins enjoyed considerable production from their top receiver duo of Tyreek Hill and Jaylen Waddle last season, but no other pass-catchers made nearly as large of a contribution as those two. Miami’s group of secondary receivers includes Cedrick Wilson, but that may not be the case for long.

The Dolphins are open to trading Wilson, reports Barry Jackson of the Miami Herald. Such a move would yield a notable financial benefit, regardless of when it took place. Dealing the 27-year-old before June 1 would result in $7MM in cap savings, while doing so after that date would save $6MM. Wilson is set to count $8MM against the cap in 2023, the second year of the contract he signed last offseason to head to South Beach.

That $22.8MM pact came after the former sixth-rounder comfortably set new career-highs across the board in his final campaign with the Cowboys. Wilson recorded 602 yards and six touchdowns on 45 receptions in 2021, proving himself to be a valuable contributor in Dallas’ high-volume passing attack. That elevated expectations for him upon arrival in Miami, even with the team’s blockbuster trade to acquire Hill.

However, Wilson had his least productive season since 2019, totaling only 12 catches and 136 scoreless yards. His playing time took a significant step back compared to the year before, seeing the field for only 26% of offensive snaps. That made the Boise State alum one of several complimentary wideouts to put up underwhelming numbers behind the massive production (3,066 combined yards) of Hill and Waddle. The Dolphins’ next-leading receiver was Trent Sherfield, who posted 417 yards.

Despite the cap savings a trade would yield, Jackson adds that the Dolphins are also open to retaining Wilson. Miami currently has less than $2MM in cap space, putting them 31st in the league in that regard. A release in this case would result in considerable dead money, so that avenue is not an expected outcome. A rebound on Wilson’s part in 2023 could make it worthwhile to hold on to him, though the Dolphins have replacement options such as recent signing Braxton Berrios in place as well.

Dolphins To Add WR Cedrick Wilson

March 14th, 2022 at 3:44pm CST by Sam Robinson

Two former Cowboys are now bound for AFC rosters. Two days after Dallas traded Amari Cooper to Cleveland, Cedrick Wilson has committed to Miami, Clarence Hill of the Fort Worth Star-Telegram tweets.

The Dolphins are giving Wilson a three-year deal worth $22.8MM, Ian Rapoport of NFL.com tweets. They are giving the former Cowboys supporting-caster $12.8MM guaranteed. His $4MM 2022 base salary is fully guaranteed, as is $5MM of his $7MM 2023 salary, according to PFF’s Doug Kyed (on Twitter).

Michael Gallup‘s injuries opened the door for extensive Wilson playing time last season, and it came at an ideal time for Wilson, who parlayed his contract year into a big raise. The former sixth-round pick had a breakout campaign in 2021, finishing with 45 receptions for 602 yards and six scores. The 26-year-old also returned a career-high 11 punts.

The Dolphins are likely moving on from Will Fuller, who only played three games for them after signing a one-year deal worth $10MM in 2021. The team still has longtime staple DeVante Parker and saw Jaylen Waddle emerge quickly as a go-to weapon. Wilson will join Miami’s mix, as the team transitions to a Mike McDaniel-run offense.

It remains to be seen if the organization is still targeting top-of-the-depth-chart receivers, although Wilson would be a logical number-three wideout behind Parker and Waddle. The Dolphins were connected to Cooper, who was born in Miami, before he landed with the Browns, and Miami was also mentioned as a suitor for DJ Chark.

 

Cowboys Re-Sign WR Michael Gallup

March 13th, 2022 at 10:10pm CST by Ely Allen

The Cowboys will avoid letting wide receiver Michael Gallup hit the free agent market after to a five-year, $57.5MM deal, according to Tom Pelissero of NFL Network (on Twitter). After trading away Amari Cooper earlier this week, this moves cements that Dallas’s other three top pass catchers will be returning for the 2022 NFL season.

Gallup, 26, will collect $23MM in guarantees, with Pelissero noting this contract will max out at $62.5MM. A nice payday for Cooper’s former sidekick, whom the Cowboys have chosen over their four-year WR1.

A third-round pick out of Colorado State in 2018, Gallup broke out for 1,107 yards in 2019 alongside Cooper. The arrival of CeeDee Lamb in 2020 limited his production to a still impressive 843 yards as a number three receiver. Even in an injury-plagued 2021 season, Gallup enjoyed glimpses of success.

This news has been in the works for a while now with estimates that the Cowboys were aiming for a five-year pact with an annual average value around $10MM, but that Gallup’s camp may possibly having been pushing for a shorter commitment. Either the rumors about Gallup’s camp have been proven untrue or an annual average value of nearly $12MM was too enticing to turn down.

Regardless, the long-term, decently priced deal is a strong commitment to Gallup after he only played in nine games of his contract year due to a Week 1 calf injury and a season-ending ACL tear in Week 16. The contract seems to indicate that the Cowboys are confident in the medical information they are receiving on Gallup’s recovery.

With decisions made on Cooper and Gallup, and the franchise tag placed on Dalton Schultz, Dallas can focus its attention on the litany of other impact players set to hit the free agent market this week like Randy Gregory, Connor Williams, Leighton Vander Esch and Cedrick Wilson.

Cowboys Hopeful To Re-Sign Cedrick Wilson; Could Bring Back Anthony Hitchens?

March 8th, 2022 at 3:52pm CST by Adam La Rose

There are lots of moving parts with the Cowboys’ plans right now. Even with the moves made to shed salary and push some cap charges down the road, finances will be tight for any further deals. As a result, wide receiver Cedrick Wilson is likely to at least hit the open market. 

[RELATED: Cowboys Re-Sign Noah Brown]

The 26-year-old saw a much bigger role in 2021, and certainly took advantage of it. He posted 45 catches for 602 yards and six touchdowns, all career-highs. For that reason, Clarence Hill Jr. of The Fort Worth Star-Telegram reports that the Cowboys “believe they will be priced out” of his market (Twitter link).

There is still interest on Dallas’ part for a return, however. Calvin Watkins of The Dallas Morning News tweets that the Cowboys want to bring him back, but that they will “want to see” what kind of market develops. With CeeDee Lamb under contract, a new deal with Michael Gallup reportedly close and tight end Dalton Schultz having been franchise tagged earlier today, a core group of pass-catchers is already in place in Dallas.

Watkins also reports that Hitchens “has a desire to return” to Dallas after his four-year stint in Kansas City. The 29-year-old was released by the Chiefs in a cost-cutting move, and a signal of their linebacking corps’ potential. Hitchens still played 60% of defensive snaps last season, more than he did in three of his four years with the Cowboys. His return would give the team an experienced, productive presence in the middle of the defense to pair with Micah Parsons. On the other hand, LB could be a draft target in April.

While much has been taken care of regarding the Cowboys’ big-name priorities in recent days, they face several other important decisions.

Amari Cooper Not Drawing Trade Interest

March 4th, 2022 at 3:10pm CST by Sam Robinson

When attached to his rookie contract, Amari Cooper commanded a first-round pick in a trade. The Cowboys, who sent the Raiders their 2019 first ahead of the 2018 deadline, are not seeing nearly as much interest now that Cooper is tethered to a high-end receiver deal.

The Cowboys will try to trade Cooper, Ian Rapoport of NFL.com notes, but the veteran wideout has not drawn much interest. Even with teams having known the pricey wideout’s availability for weeks now, Yahoo.com’s Charles Robinson notes teams are not lining up to acquire his current contract (Twitter links). Cooper’s deal runs through 2024 and carries a $22MM cap number for this season. One receiver-needy team informed Robinson it has no interest in Cooper at this price. If no reasonable trade offer emerges, the Cowboys intend to cut Cooper.

In recent years, the draft has begun to provide teams with quality value at receiver, with the past few classes being flush with pass-catching help. With those rookies tied to low-cost deals for at least three seasons, value for players like Cooper — who signed a five-year, $100MM deal in 2020 — diminishes.

The Cowboys moving Cooper off their roster before March 20 saves them $16MM, funds that could be allocated to some of the team’s impending free agents. Cooper’s $20MM base salary becomes fully guaranteed on that fifth day of the 2022 league year. The team is interested in retaining Dalton Schultz, and Robinson adds it weighed Cooper’s cost with the ability to keep Michael Gallup, Cedrick Wilson and potentially Randy Gregory (Twitter links). Wilson, Gallup’s injury replacement in 2021, joins Gallup and Gregory in being on track for free agency. To go through with this plan, the Cowboys ($13.4MM over the cap) will need to make more moves to free up space.

Gallup potentially being available at a slight discount due to his ACL tear benefits the Cowboys, Clarence Hill of the Fort Worth Star-Telegram writes, potentially factoring into the team’s plan. Retaining Gallup would be a cheaper option than keeping Cooper, though losing the latter would stand to put more pressure on CeeDee Lamb, who has benefited from defenses’ attention to Cooper. The Cooper-or-Gallup long-term choice has been on the team’s radar for a while now, and it appears a decision has been made.

Despite having played seven seasons, Cooper is just 27. He would certainly draw extensive interest on the open market. The prospect of the Packers franchise-tagging Davante Adams and the Buccaneers using a second tag on Chris Godwin would enhance Cooper’s value, if the Cowboys indeed release him. Cooper is a four-time Pro Bowler who has posted five 1,000-yard seasons.

Cowboys Believe Gallup Is Done For Year

January 2nd, 2022 at 8:23pm CST by Ely Allen

In the second quarter of today’s game against the Cardinals, Cowboys’ wide receiver Michael Gallup injured his knee while pirouetting back to the ball on a catch that resulted in a touchdown as he fell into the end zone. Upon landing, the 25-year old out of Colorado State immediately reached for his knee. Local Cowboys reporter Michael Gehlken was quick to tweet out a statement from team owner Jerry Jones after the game that Dallas believes Gallup has torn his ACL and will miss the remainder of the season. Gallup will undergo an MRI exam on Monday to confirm the early diagnosis.

Gallup missed 8 weeks earlier in the season when he was placed on IR after straining his left calf in the Cowboys’ Week 1 loss to Tampa Bay. Since rejoining the team in Week 10, Gallup quickly regained his position as WR3, behind CeeDee Lamb and Amari Cooper. He was looking to play a crucial role in the league’s top offense, in terms of yards per game, as they roll into the playoffs. Dallas will rely on Boise State product Cedrick Wilson to fill the empty role, as they did during Gallup’s IR stint. Behind Wilson, reserve receivers Noah Brown, Malik Turner, and Simi Fehoko have spent time on the active roster, but haven’t shown much in terms of production.

This is unfortunate timing for Gallup as he will go into the offseason as a free agent. On the bright side, Gallup has given the league a strong sample of his work in previous years. In 2019, Gallup caught 66 balls for 1,107 yards and 6 touchdowns despite only playing in 14 games. Last year, despite competing with Cooper and Lamb for targets, Gallup still recorded 59 catches for 843 yards and 5 touchdowns. He showed similar yardage per game in his limited time this year. It looks like, due to an unfortunately timed injury, someone in the league will probably get a good deal on a solid starting receiver.

Minor NFL Transactions: 12/17/21

December 17th, 2021 at 10:30am CST by Zachary Links

Today’s minor moves:

Chicago Bears

Cleveland Browns

Dallas Cowboys

Detroit Lions

Houston Texans

Indianapolis Colts

Los Angeles Rams

New Orleans Saints

  • Activated from Reserve/COVID-19 List: RB Mark Ingram

New York Giants

Washington Football Team

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