Los Angeles Chargers News & Rumors

Derek Watt Announces Retirement

Derek Watt is calling it a career. The fullback announced on Instagram that he’s retiring from the NFL.

“It is with great honor and gratitude that I officially announce my retirement and the end to my career,” Watt wrote. “A career that ended up being about so much more than just the game that I love. The [seven] years with [two] great organizations, 110 career games, and lifelong friendships and memories that I’ve been fortunate enough to make have been nothing short of amazing.”

While he never hit the same career pinnacle as his brothers, J.J. Watt and T.J. Watt, Derek Watt still managed to put together a seven-year career. The former sixth-round pick spent the first four seasons of his career with the Chargers, garnering 47 touches in 64 games.

In 2020, he inked a three-year, $9.75MM deal to play alongside T.J. in Pittsburgh. Watt ended up getting into 46 games during his three seasons with the Steelers, including 34 over the past two years. He actually had a “career season” in 2022 from an offensive perspective, collecting 32 yards from scrimmage and two touchdowns.

Watt also had a significant special teams role throughout his career, as he averaged more than 286 ST snaps per season. He finished his career with 61 tackles.

Commanders To Sign RB Austin Ekeler

Letting Antonio Gibson walk (to the Patriots) earlier Monday, the Commanders are bringing in a bigger name. Today’s running back carousel will now see Austin Ekeler change time zones.

Ekeler is headed to Washington on a two-year deal worth up to $11.43MM, NFL.com’s Tom Pelissero tweets. Ekeler led the NFL in touchdowns in 2021 and ’22, being a vital piece during the early Justin Herbert years. But the Chargers did not budge on an extension. This will lead the dynamic back to join Kliff Kingsbury in Washington.

In terms of base value, the Commanders are set to pay Ekeler $8.43MM, SI.com’s Albert Breer tweets. Ekeler’s $4.21MM in 2024 is fully guaranteed, and he will be tied to a $3MM number in 2025. Additionally, $510K in per-game roster bonuses are in place each season. Incentives — worth $1.5MM each season — comprise the remaining $3MM.

This will reunite Ekeler with ex-Chargers HC Anthony Lynn, who was in charge when the team extended the former UDFA. That was a four-year $24.5MM contract extension he signed with the organization back in 2020. Last offseason, Ekeler sought out a raise on a new Chargers deal, and when an extension didn’t materialize, he asked for and was granted permission to seek a trade. No suitors emerged, and he ultimately remained in Los Angeles on a re-worked contract.

The 2023 campaign was an important one for Ekeler given his status as a pending free agent. The 28-year-old was limited to 14 games, however, and he was less efficient when on the field (3.5 yards per carry) than any other season in his career. After scoring 38 total touchdowns from 2021-22, Ekeler managed only six as part of a Chargers offense which struggled across the board but especially in the ground game.

Considering his connection to the coaching staff, the Commanders surely know what they have in their new RB. The Commanders watched Gibson, their primary pass-catching back, leave for the Patriots today, opening a major hole on offense. The team is still rostering Brian Robinson, who topped 1,100 yards from scrimmage and scored nine touchdowns during his second season in the NFL. The team will surely lean on both of their top RBs, especially with Robinson showing some development in his receiving game in 2023.

The Chargers already started preparing for a new RBs corps today, as they agreed to a deal with former Ravens back Gus Edwards. 2024 backup Joshua Kelley is also a free agent, so the Chargers will surely be in the market for additional depth at the position.

Chargers, TE Will Dissly Agree To Deal

Having already added Gus Edwards on offense, the Chargers will make another multi-year investment in the opening period of free agency. Tight end Will Dissly has agreed to a three-year, $14MM deal including $10MM fully guaranteed, per Jordan Schultz of Bleacher Report.

A former fourth-round pick, Dissly previously spent his entire career in Seattle. The tight end earned a name for himself thanks to his blocking ability. The veteran has always graded as an above-average blocker, including this past season when Pro Football Focus ranked him as the best pass blocker and third-best run blocker at his position.

Of course, that doesn’t mean Dissly has been a complete zero on offense. The tight end has averaged 24 catches per season over the past four years, including a 2022 campaign where he hauled in a career-high 34 receptions for 349 yards and three scores. He finished this past season with 17 catches for 172 yards and one touchdown.

Gerald Everett is a free agent, leaving a hole atop the Chargers depth chart. There’s a chance that Dissly is only part of Jim Harbaugh‘s solution at the position, and the Chargers could look to continue adding to the position via free agency or the draft. The team is also rostering Donald Parham Jr. and Stone Smartt.

Chargers To Sign RB Gus Edwards

Gus Edwards will not be playing under John Harbaugh in 2024 for the first time in his career, but he will be working alongside his brother Jim in Los Angeles. The veteran running back has agreed to a two-year deal with the Chargers, ESPN’s Adam Schefter reports.

Edwards started with the Ravens as one of their usual finds in the undrafted free agent market. He benefitted from injuries to starting quarterback Joe Flacco and the late Alex Collins. With Flacco injured, the Ravens turned to then-rookie Lamar Jackson. Without a full offseason to mold the offense into what it would eventually become under Jackson, Baltimore resorted to lots of read-option plays in which the big, bruising “Gus the Bus” would either rumble forward for an average of 5.2 yards per carry or allow Jackson to run it himself.

After earning the team’s trust over longer-tenured backups like Kenneth Dixon and Javorius Allen, Edwards found himself returning each year alongside Jackson. Though he was never considered a premier back, often serving as a second, short-distance option behind Mark Ingram and J.K. Dobbins, Edwards routinely got his due. The only time Edwards rushed for fewer than 711 yards was when he missed half the year in 2022 with injury. In a contract year with Baltimore in 2023, Edwards delivered career numbers, scoring 13 times with 810 rushing yards.

Baltimore has been expecting the exit. They are currently only set to return Justice Hill and Keaton Mitchell, so running back has been noted as a high priority for them this offseason. Many high-profile free agents are coming off the board, but Derrick Henry looms large, and the team could always choose to bring back Dobbins. If not, the draft should provide plenty of talented options to pair with Hill and the electric Mitchell.

In Los Angeles, Edwards may finally get his opportunity to be a main starter. He reunites with former Ravens offensive coordinator Greg Roman, who should have quite a bit of trust in the bruising back. With Austin Ekeler headed to Washington and Joshua Kelley also a free agent, Edwards seems to be the guy in the Chargers run game. The team should return young backups like Isaiah Spiller and Elijah Dotson, but they’re likely to remain backups. Depending on how the Chargers view Spiller and Dotson as secondary options, it may make sense for Los Angeles to continue and monitor the draft and free agency for additional supplements to the position.

Ely Allen contributed to this post.

Chargers Open To Trading OLBs Joey Bosa, Khalil Mack

MARCH 10: Albert Breer of Sports Illustrated confirms the Chargers have had “exploratory trade talks” concerning not only Bosa and Mack, but also both members of the Allen-Williams receiver tandem. Of those, Breer unsurprisingly notes Allen is the likeliest to stay, something which matches the veteran’s comments on his future. Still, a cost-shedding move of some kind could be coming soon on Los Angeles’ part.

MARCH 9: According to OverTheCap.com, the Chargers have the second-least amount of cap space in the NFL with only the Dolphins exceeding the salary cap by more than Los Angeles. They’re currently $21.14MM over the salary cap and are set to eat $27.31MM of dead money in 2024, also second-most in the NFL.

As a result, it appears the Chargers are exploring options to clear some cap space while potentially bringing in a bit of draft capital, as well. Dianna Russini of The Athletic reports that the team is currently “open to trade offers for many veteran players including Joey Bosa and Khalil Mack.”

Mack and Bosa currently make up the team’s largest two cap hits at $38.52MM and $36.61MM, respectively. Trading those two players alone, the team would be able to clear out $23.25MM (Mack) and $14.39MM (Bosa) of cap savings, though the team would be eating $15.27MM (Mack) and $22.22MM (Bosa) of dead money in the deals. The report from Russini also says “many veteran players,” though, and the next three biggest cap hits on the roster are veteran receivers Keenan Allen ($34.72MM) and Mike Williams ($32.46MM) and safety Derwin James ($19.86MM).

Would the Chargers really get rid of quarterback Justin Herbert‘s top two targets? Allen has been one of the league’s more consistent producers since 2017, as long as he stays on the field. Over that time, Allen has averaged around 75 yards per game and can usually deliver six to eight touchdowns. He’s missed 40 of a possible 179 career games, including 11 in the past two seasons, but despite four missed games in 2023, Allen averaged a career-high 95.6 yards per game and scored seven touchdowns at 31 years old.

Williams has also missed his fair share of games (27 of a possible 115), including 14 games missed with a torn ACL in 2023. When healthy, Williams has established himself as a strong WR2, twice surpassing 1,000 receiving yards and twice surpassing nine receiving touchdowns. Williams struggles to provide the same consistency as Allen but is still a strong contributor. If traded, Allen would provide $23.1MM of cap savings and result in $11.62MM of dead money, while a trade of Williams could provide $20MM of cap savings and result in $12.46MM of dead money.

James is yet another high-cost player who has struggled to stay on the field in his career. After appearing in every game as a rookie, James has missed 33 of a possible 83 games since. Despite leading the team in tackles this year, James had the worst NFL season of his career, according to Pro Football Focus (subscription required), grading out as the 71st best safety out of 95 graded players. Before this season, James hadn’t graded out worse than 12th. He showed decent pass rush and run defense in 2023, but graded out poorly in coverage. A James-trade would need to be a post-June 1 transaction. If traded pre-June 1, James would still cost the Chargers $1.46MM of cap space, while a post-June 1 designation would save the team $12.75MM of cap space.

Those players are all question marks, but Mack and Bosa have been blatantly named. Bosa started his career as one of the league’s most electric pass rushers with 23.0 sacks in his first two years, despite missing four games his rookie year. While he still threatens to put up double-digit sacks each year, he has to stay on the field in order to do so, and he has missed half the season three times in his career, including the most recent two seasons. If his physical shows the potential for a full return to form, he could fetch a high price in trade talks.

Los Angeles will try to sell high on Mack, who had a career year at 32 years old. Mack was a world-beater early in his career, racking up 40.5 sacks and a Defensive Player of the Year award with the Raiders. Though his production dipped a bit after getting traded to Chicago, Mack still made three straight Pro Bowls and two All-Pro teams as a Bear. Mack was traded once again to the Chargers in 2022, and after a decent first season in LA, Mack delivered a career-high 17.0 sacks in 2023, his first time delivering double-digit sacks since his first year in Chicago in 2018.

It’s unclear just how much Los Angeles is willing to part with this spring. Clearly, “many veteran players” have been advertised as available, including Mack and Bosa, but it’s hard to say just how many of those high-cap players will be shipped out. There are other ways to try and lower the players’ cap impacts, like restructures to current deals, but the easiest way may be to clear them off your books (for the most part) and get something in return. It will be interesting to see how much the Chargers are willing to give up in order to rebuild around Herbert.

Chargers, Ravens, Bears Among “Serious Suitors” For Saquon Barkley

Running back Saquon Barkley is one of the highest-profile free agents in this year’s cycle, and there have been plenty of rumors concerning his next destination already. Some of those rumors may be solidifying into something more concrete.

Jordan Raanan of ESPN.com spoke with more than a dozen managers, executives, coaches, scouts, and agents, and while there was of course some variation in their responses, most expected that Barkley would land a contract worth $10MM per year, with a three-year, $30MM pact a seemingly likely outcome.

Given the notoriously stagnant running back market, it is fair to wonder whether any team would be willing to cough up that kind of money to an RB with a concering injury history who is coming off a season in which he posted a 3.9 YPC rate. However, the consensus among Raanan’s sources was that Barkley is good enough to warrant an eight-figure-per-year deal, with one pro personnel director saying, “if he was in San Francisco, he would be Christian McCaffrey. He hasn’t had an offensive line, ever, in New York.”

So, while Pat Leonard of the New York Daily News reported that the Giants are among the teams that do not see value in authorizing a $10MM+ AAV for a running back, it seems there will be at least one other club willing to make that kind of commitment for a player with Barkley’s ability. Per Raanan, the Chargers, Ravens, and Bears are among the most serious suitors for Barkley’s services.

The Chargers are something of a curious fit here. After all, the cap-strapped outfit is allowing its own multi-threat RB, Austin Ekeler, test the market and is reportedly willing to entertain trades for some of its best players in order to alleviate its salary cap issues.

The Ravens are more of a logical suitor. Previous reports have suggested the team will prioritize a running back addition, and given the importance of the ground game to Baltimore’s offensive attack, a notable contract for an RB is more justifiable for the Ravens than it would be for many teams. That is especially true in light of the fact that Justice Hill and Keaton Mitchell — who suffered an ACL tear in Week 15 — are the only two backs currently under club control.

The Bears, meanwhile, are likely to trade quarterback Justin Fields and draft Caleb Williams with the No. 1 overall pick. Having a QB1 on a rookie contract affords a team luxuries that it might not otherwise enjoy, and a splurge for a running back who is also adept as a receiver and who can therefore take the pressure off a young signal-caller in multiple ways makes plenty of sense.

While recent reports hinting at a Barkley-Eagles marriage were intriguing because of Philadelphia’s intra-divisional rivalry with the Giants, Raanan says neither the Eagles nor the Cowboys, another NFC East foe, are likely to meet Barkley’s asking price. Both of those teams may have RB needs, but they both seem prepared to fill those needs via a different tier of the market. Dan Graziano of ESPN.com agrees that Dallas will unlikely get involved in the Barkley sweepstakes unless he is willing to settle for a $5MM-$6MM AAV, though a Tony Pollard re-up remains in play (subscription required).

A February report indicated that the Texans were Barkley’s preferred destination. With respect to Houston’s involvement, Raanan merely writes that the club is rumored to have interest.

RFA/ERFA Tender Decisions: 3/8/24

Here are the league’s tender decisions as we head into the weekend:

RFAs

Non-tendered:

ERFAs

Tendered:

Los Angeles will retain Dicker and Sarell for the 2024 season. After making three starts in 2022, Sarell appeared in every contest for the Chargers in 2023. Dicker returns after a superb season as the team’s placekicker in 2023. After missing only one kick in 10 games in 2022, Dicker provided more brilliance in a full season as the team’s designated leg. Dicker made 31 of 33 field goal attempts, showing range with seven made kicks over 50 yards. Only two years in, Dicker is showing a resemblance to the other great Longhorn kicker in the league. The only three misses of his career have come from over 50 yards out, and he has yet to miss an extra point in his two years of play.

Carolina has made the call not to tender Smith-Marsette. The team’s primary punt returner in 2023, Smith-Marsette led the league in punts returned, taking one to the house in a Week 10 loss to the Bears. While the Panthers won’t tender him, both sides are reportedly open to working towards a re-sign for 2024.

NFL Announces 2024 Compensatory Picks

The NFL has awarded compensatory draft picks for teams in the 2024 draft. Based on an add/subtract formula that covers the 2023 free agency period, comp picks span from Round 3 to Round 7. The higher picks go to the teams that endured the most significant free agent losses.

This year, the NFL awarded 34 comp picks. The comp pick formula assigns picks to franchises who suffered the largest net losses, so teams that signed multiple free agents have a lesser chance of receiving picks. The CBA limits the total compensatory number to 32, per Rob Demovsky of ESPN.com, who notes the Cowboys, Jaguars and Packers qualified for an additional comp pick based on the net loss formula.

The updated NFL format also rewards third-round comp picks to teams that saw a minority assistant coach land a head coaching job or a minority front office exec become a GM. Teams receive two third-round picks for losing an assistant or FO staffer to a top job, but the picks do not come in the same draft. The 49ers’ pipeline here is still flowing and will continue to do so into the 2025 draft, with Ran Carthon landing the Titans’ GM job last year and DeMeco Ryans becoming the Texans’ HC. The Rams collected the first of their two third-rounders for the Falcons’ Raheem Morris hire. The Buccaneers do not receive a comp pick for Dave Canales‘ Panthers move due to the Latino staffer being Tampa Bay’s OC for just one season.

Sorted by round and by team, here are the league’s 2024 compensatory selections.

By round:

Round 3: Jaguars (No. 96 overall), Eagles (No. 97), Rams (No. 98)*, 49ers (No. 99)*

Round 4: 49ers (No. 132), Bills (No. 133), Ravens (No. 134)

Round 5: Saints (No. 167), Packers (No. 168), Saints (No. 169), Eagles (No. 170), Eagles (No. 171), Chiefs (No. 172), Cowboys (No. 173), Saints (No. 174), 49ers (No. 175)

Round 6: Bengals (No. 208), Rams (No. 209), Eagles (No. 210), 49ers (No. 211), Jaguars (No. 212), Rams (No. 213), Bengals (No. 214), 49ers (No. 215), Cowboys (No. 216), Rams (No. 217), Jets (No. 218), Packers (No. 219), Buccaneers (No. 220)

Round 7: Chargers (No. 253), Rams (No. 254), Packers (No. 255), Jets (No. 256), Jets (No. 257)

* = special compensatory selection

By team:

  • Los Angeles Rams: 5
  • San Francisco 49ers: 5
  • Philadelphia Eagles: 4
  • Green Bay Packers: 3
  • New Orleans Saints: 3
  • New York Jets: 3
  • Cincinnati Bengals: 2
  • Dallas Cowboys: 2
  • Jacksonville Jaguars: 2
  • Baltimore Ravens: 1
  • Buffalo Bills: 1
  • Kansas City Chiefs: 1
  • Los Angeles Chargers: 1
  • Tampa Bay Buccaneers: 1

2024 Top 50 NFL Free Agents

With the franchise tag application deadline in the rearview mirror, we have a clearer picture of who will be available in free agency. Barring 11th-hour deals, starting quarterbacks and a future Hall of Fame defensive tackle will drive the class in the 32nd year of full-fledged free agency in the NFL.

In addition to the Kirk CousinsBaker MayfieldChris Jones trio, interior offensive linemen will cash in as part of this year’s crop. Last year’s tackle class was a bit deeper; this year, O-line dollars figure to be funneled inside.

The NFL’s legal tampering period, which gives players a window to speak with other teams and reach unofficial agreements, begins at 11am CT on March 11. The new league year opens two days later, though much of the frenzy will take place during the tampering period.

This list ranks free agents by earning potential, with guaranteed money serving as the general measuring stick. This is one of the great running back classes in free agency annals, but even though some of the RBs’ accomplishments far eclipse many of the players ranked above them, the position’s market has absorbed numerous hits. Older standouts, including potential Hall of Famers, not having the earning power they once did also factors into this equation.

Here is this year’s PFR top 50 free agents list, along with potential landing spots for each player.

1. Kirk Cousins, QB. Age in Week 1: 36

Cousins hitting free agency in his prime six years ago brought countless rumors about his value and future. Quarterback movement was less common then. Cousins made that foray count, scoring a landmark deal from the Vikings – a fully guaranteed three-year, $84MM pact. We are back here again because Cousins and the Vikings could not agree on a fourth extension, with the sides’ 2023 talks breaking down in part because Minnesota refused to provide guarantees into a third year. Cousins is coming off an Achilles tear, but given the need here, the 13th-year veteran is back atop a free agent value list.

Thanks to Cousins’ two-franchise tag path out of Washington in the late 2010s, the Vikings could not realistically tag their quarterback. No one has been tagged a third time since the 2006 CBA made doing so prohibitive. While the Vikings and Cousins have each expressed interest in a reunion, time is running out due to the structure of Cousins’ third Vikings contract. And a clear threat has emerged.

If Minnesota cannot re-sign Cousins before the start of the 2024 league year, $28.5MM in dead money will move onto the team’s 2024 cap sheet. Considering the dead cap awaiting and the Vikings holding the No. 11 overall draft slot, the team is in crunch time at quarterback. Minnesota will need to decide on perhaps one final contract with one of the NFL’s all-time financial mavens, and with Justin Jefferson interested in the team’s decision with the quarterback that helped him to a historic start, the NFC North club is navigating a layered process.

Never confused with a top-tier quarterback, Cousins has been in the league’s upper third for much of his career. The former Washington fourth-rounder had thrown 18 TD passes compared to five INTs before the Week 8 Achilles tear shut him down, finishing this productive stretch with Jefferson sidelined three games. QBR slotted Cousins seventh last season but rehabbing this injury in his mid-30s certainly will not make teams feel great about the offers required to win this derby. Still, this is the cost of doing business with above-average QBs.

Cousins has all of one Pro Bowl as a non-alternate, coming in 2022. Illustrating the value this position brings and Cousins having the upper hand on the Vikings in negotiations thanks to the fully guaranteed deal he landed in 2018, the Michigan State alum has made more than $231MM in his career. That number will almost definitely balloon past $300MM by 2025. Cousins has signed deals worth $28MM, $33MM and $35MM per year. Although Derek Carr scored a $37.5MM-AAV Saints pact and a practical guarantee of $70MM, Cousins’ consistency and financial shrewdness may still top that even near the end of his mid-30s.

Only Fran Tarkenton and Tommy Kramer have served as Vikings QB1s longer than Cousins, but Minnesota also must begin planning for the future. The team has seen Cousins and Jefferson form a dominant connection; Minnesota has also won just one playoff game since signing Cousins, failing to reach the postseason in three of his healthy years. If the Vikings pass and set their sights on the draft, who will make the payment?

Facing incomprehensible dead money due to the Russell Wilson extension going bust, the Broncos could certainly use Cousins as a bridge. Denver’s dead cap — $85MM over the next two years once Wilson is designated a post-June 1 cut — will make this signing difficult. The Broncos bowed out of the Cousins sweepstakes six years ago, signing Case Keenum; they may not have the resources to make a competitive bid now.

Cousins-to-Atlanta is producing enough smoke it is time to closely monitor this relocation; this reality would put Terry Fontenot’s skill-position draftees in better position to thrive, after Marcus Mariota and Desmond Ridder held them back. While Justin Fields odds pointed the Bears QB to Atlanta last week, it looks like the Falcons prefer a proving passing option. Hiring ex-Rams QBs coach Zac Robinson as OC, the Falcons appear the Vikings’ top threat if Cousins hits the tampering period unsigned.

Best fits: Falcons, Vikings, Broncos

2. Baker Mayfield, QB. Age in Week 1: 29

Were this an accomplishments-based ranking, Mayfield would not sniff this tier. Starting QBs in their primes get paid, as they rarely reach the market. Mayfield is not exactly a set-it-and-forget-it option, as this era has featured less QB patience than previous NFL periods. But he is being linked in the $35MM-per-year range. That marks a staggering transformation from 2023, when one team was willing to make the former No. 1 pick its starter favorite.

Mayfield turned down slightly more lucrative offers to vie against only Kyle Trask — after the Bucs passed on Will Levis, whom they brought in for a “30” visit — last year. The bet on a return to form in Dave Canales’ system paid off, though it is important to note how far the ex-Browns QB1 fell over the previous two seasons. Rumblings of a franchise-level extension — in the $30MM-plus-AAV range, when that number meant more — surrounded Mayfield’s 2021 offseason, which followed the ’20 Browns nearly upsetting the Chiefs in the divisional round. That remains Cleveland’s lone Round 2 playoff run since 1989. Had Mayfield built on the progress he showed in 2020, an alternate NFL reality — in which the Falcons have Deshaun Watson and the Bucs pursue a different post-Tom Brady stopgap — probably ensues. But the ’21 season tanked Mayfield’s stock, which had farther to fall in 2022.

An early-season injury to Mayfield’s non-throwing shoulder plagued him in 2021, and after the Browns’ unrefusable Watson offer led Mayfield to Carolina, horrid form keyed a last-place QBR finish in 2022. Mayfield’s 2023 QBR (54.3) trails his 2020 number (65.5), and the Bucs went from 3-0 to 4-7 to the divisional round. This rollercoaster ride provided a nice microcosm of Mayfield’s pro career, which also involved a steep 2019 dip due largely to Freddie Kitchens being overmatched as a head coach. But the inconsistency should matter here, to a degree.

If the Bucs let Mayfield hit the market, the statuses of Cousins and Justin Fields will be intertwined with his as teams without top-three draft real estate determine their options. It is not out of the question clubs could view Sam Darnold, Jacoby Brissett, Gardner Minshew or Ryan Tannehill at a far lower price as a more cost-effective option than Mayfield. The Giants faced same question last year; was there a team willing to go to the $40MM-per-year place had Big Blue let Daniel Jones hit free agency? The Jones contract has likely come up in Mayfield negotiations, complicating the Bucs’ decision.

Mayfield established new career-high marks in TD passes (28) and yards (4,044). He also limited his INTs to 10 in Canales’ offense. The Bucs gave Mayfield input in their OC search, which produced ex-Rams OC Liam Coen, providing an obvious signal they do not intend to let him get away. The Bucs just made the playoffs with Brady’s $35.1MM void years-driven dead money on their payroll. While Mayfield’s deal would be backloaded, Tampa Bay would not see too much change here with Mayfield set to go from a $4MM base salary to likely beyond $30MM.

Geno Smith’s three-year, $75MM deal should serve as Mayfield’s floor, as it is the veteran-QB1 basement presently. But Smith agreed to Seahawks-friendly terms. A pay-as-you-go contract is unlikely here, with the Jones and Derek Carr deals respectively producing practical guarantees of $81MM and $70MM. Mayfield is also four years younger than Smith. Mayfield might not match Jones and Carr for AAV, but the Bucs will need to pay him more per year than they did Brady ($25MM).

Passing would make the Bucs start over from a poor draft slot to do so (No. 25), arming Mayfield’s camp with more leverage. The Vikings being unable to complete a deal with Cousins could make them a Mayfield suitor, and while the Patriots have quite a few connections to the former Heisman winner — including Eliot Wolf and OC Alex Van Pelt — it does not make too much sense for the Pats taking this route given the shape of their roster. With Fields and Cousins in the mix and the Steelers setting their sights lower, Mayfield’s options are still somewhat limited. That will play into the Bucs’ hands; both sides need to be careful here.

Best fits: Buccaneers, Falcons, Vikings

3. Chris Jones, IDL. Age in Week 1: 30

The Chiefs secured dynasty status after trading Tyreek Hill and, barring some playoff surges, missing on the Frank Clark contract. They have not paid cornerbacks during this stretch, highlighting the importance of Steve Spagnuolo’s centerpiece defender. (L’Jarius Sneed’s franchise tag, coming with heavy trade rumors, points to the Chiefs going in this direction again.) Patrick Mahomes and, especially over the past year, Travis Kelce receive most of the attention. Jones has been the clear third Chiefs pillar during this period, racking up five All-Pro honors and being the only pure defensive tackle in the sack era (1982-present) to record two 15-sack seasons.

Jones has also been durable, missing more than two games in a season just twice and suiting up for all but one contest during Kansas City’s back-to-back Super Bowl-winning campaigns. That makes the Chiefs’ defensive struggles in Week 1, during Jones’ holdout, notable. Rightfully asking for money in the Aaron Donald neighborhood, Jones bet on himself rather than accept a Chiefs offer that placed him on the same plane as less proven DTs — in the second tier that formed thanks to 2023’s Jeffery Simmons, Quinnen Williams, Daron Payne and Dexter Lawrence extensions. With Nick Bosa raising the defender ceiling to $34MM per year in September, Jones reaching $30MM AAV is in play on the open market. The Chiefs’ top priority is preventing Jones reaching free agency.

Kansas City franchise-tagged Jones in 2020, which always made a 2024 tag – at 120% of his pre-restructure 2023 salary, pushing the total past $32MM — unrealistic. Although Jones has said on multiple occasions he wants to stay in Missouri, the Chiefs’ negotiations last year created the risk of losing one of the best players in franchise history. From a pass-rushing standpoint, Jones has surpassed Donald (the current Donald version, that is) during the Chiefs’ back-to-back Super Bowl-winning years. He is three years younger than the Rams all-time great. Donald needed to threaten retirement to secure his landmark raise at 31; Jones reaching the open market healthy — in a year when a record cap spike occurred — effectively maximizes his leverage.

Javon Hargrave scored a $21MM-per-year pact; it took only $40MM fully guaranteed for the 49ers to land him. From an accomplishments and impact standpoint, Jones’ free agency is closer to Reggie White’s than Hargrave. White was 31 when his 1993 free agency tour commenced. Albert Haynesworth (2009) and Ndamukong Suh (2015) scored record-setting deals when they hit the market. Jones probably will not top Bosa’s AAV, but eclipsing the current DT guarantee high (Williams’ $66MM) seems likely.

The Chiefs have shown they can get by after losing corners; they have not shown they can win without Jones, who has made countless pivotal plays while rushing from inside and outside. The most recent led to a 49ers overtime field goal, which set up a championship-cementing Chiefs drive. Kansas City will need to make a monster offer to keep Jones off the market, but at this point, the champs must prepare to outbid other teams as their future Hall of Fame DT is less than a week away from testing the market.

Bears GM Ryan Poles was in Kansas City when the Chiefs drafted Jones in the 2016 second round, and Chicago is likely to restart its QB contract clock via a Caleb Williams pick soon. The Texans also have a rookie-QB contract (and Will Anderson on a rookie pact) around which Jones’ guaranteed years could be structured. With budgets increasing as of the recent cap news, teams could enter this bidding for one of the best defenders to ever hit free agency.

Best fits: Chiefs, Texans, Bears

4. Christian Wilkins, IDL. Age in Week 1: 28

The stars have aligned for Wilkins. From the Dolphins’ cap status to Justin Madubuike being franchise-tagged and the rest of the high-level D-tackles from Wilkins’ draft class being extended last year, the charismatic Clemson alum is about to reap the rewards of hitting free agency at this point. Excelling against the run and coming off his best pass-rushing season, the five-year veteran is likely to land a deal in the ballpark of those given to the rest of the 2019 first-round DT contingent. If the Chiefs re-sign Chris Jones, suddenly the player the Dolphins shied away from extending is the market’s top D-tackle prize.

Negotiations dragged on last summer, and other deals set the market. The Commanders extended Daron Payne in March, while the Titans reached an agreement with Jeffery Simmons in April. Dexter Lawrence followed in May, and the Jets hammered out their Quinnen Williams re-up just before training camp. Each pact was worth between $22.5-$24MM per year, creating a new second tier behind Aaron Donald’s outlier accord, and brought between $46-$47.9MM guaranteed at signing. This is a narrow range, making it a bit odd nothing was finalized. The Dolphins offered a top-10 DT salary, but that falls short of the Payne-Simmons-Lawrence-Williams range. It is possible the Dolphins also used 2019 first-round DT Ed Oliver’s deal, which came in lower ($17MM AAV, $24.5MM guaranteed at signing) as a comp in these talks. That would naturally introduce a complication.

A September rumor suggested the Dolphins were hesitant to go into the above-referenced price range due to Wilkins’ low sack output (11.5 sacks from 2019-22). He responded with a career year, tallying nine sacks — twice as many as his previous best — and 23 QB hits (10 more than his prior best). Wilkins finished 13th in ESPN’s pass rush win rate metric. This came after ESPN’s run stop win rate metric viewed Wilkins as a dominant presence, ranking him first in 2022 and second in 2021. Wilkins, who also deflected 15 passes from 2020-22, adding a pass rush piece will be valuable soon.

Residing in poor cap shape, the Dolphins already released Jerome Baker and Emmanuel Ogbah and are set to cut Xavien Howard. They have also paid two D-line pieces — DE Bradley Chubb, DT Zach Sieler — eight figures per year and have Jaelan Phillips presumably on the extension radar. Will Wilkins, acquired during Brian Flores’ first year, need to find his money elsewhere? Flores’ Vikings could be waiting.

Best fits: Texans, Vikings, Patriots

5. Jonathan Greenard, Edge. Age in Week 1: 27

Already a lower-profile franchise, the Texans saw their on-field work drift off the radar as their Bill O’Brien-run operation cratered and produced two subsequent HC one-and-dones. One of the players who was worth monitoring during this bleak period broke through to help Houston re-emerge under DeMeco Ryans. Greenard delivered a 12.5-sack season, leading the Texans in sacks by a wide margin and providing Will Anderson with a quality bookend.

A fringe tag candidate entering the offseason, Greenard had already tallied an eight-sack season (in 2021) before an injury-plagued 2022 stalled his early-career momentum. But last season brought new territory. Ranking 20th with 33 quarterback pressures, Greenard smashed his career-high with 22 QB hits. He ranked sixth among edge rushers in ESPN’s pass rush win rate metric in 2023. Reinvigorated in Ryans’ scheme, Greenard profiles as a player the Texans want to re-sign. But rumblings about his price will put Houston to the test. An AAV in the $22MM neighborhood could be in the offing for a player whose best work should still be ahead. Teams look eager to land Greenard.

Sitting in the top five in cap space and having Anderson and C.J. Stroud tied to rookie deals through at least 2025, the Texans can afford to make some investments elsewhere. They have begun doing so via the Dalton Schultz re-signing. Beyond its O-line, Houston’s cap sheet is light on big payments. Regularly stocking the roster with two-year deals at lower-middle-class rates, GM Nick Caserio has not gone to this financial territory to retain a player just yet. The Patriots would regularly let this type of player walk, as the Trey Flowers 2019 Detroit defection illustrates. The Texans’ Stroud and Anderson situations, however, support a re-signing.

Best fits: Texans, Commanders, Bears

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Chargers Release LB Eric Kendricks

A year after receiving the opportunity to return to Los Angeles, Eric Kendricks is out of a job. The Chargers released the veteran linebacker Tuesday.

In Tom Telesco‘s final offseason as Bolts GM, the team gave Kendricks a two-year, $13.25MM deal. The longtime Vikings starter was set to make $5MM in base salary next season. The Chargers will save $6.5MM by making this cut.

Jim Harbaugh‘s team still has work to do to reach cap compliance; the Kendricks release only moves the Bolts to $19MM over the 2024 cap. The Chargers are also in need of linebacker starters. Kendricks and Kenneth Murray operated as L.A.’s primary ILBs in 2023. Murray is days away from free agency.

A UCLA alum and a Fresno native, Kendricks received a quick opportunity to return to California last year. This marks his second straight offseason as a cap casualty, with the Vikings releasing the former All-Pro in 2023. Considering where the Chargers are cap-wise, it is unsurprising to see them follow suit.

Kendricks, who turned 32 last week, continued his run of solid production by registering 117 tackles (seven for loss) and 3.5 sacks. The former second-round pick added a forced fumble and six passes defensed, also finishing his season as Pro Football Focus’ No. 25 overall linebacker; PFF ranked Murray as one of the NFL’s worst full-time ILBs. The Chargers declined Murray’s fifth-year option in 2023.

It will take more maneuvering for the Chargers to create actual breathing room. Thanks to big contracts and 2023 restructures, Keenan Allen, Mike Williams, Joey Bosa and Khalil Mack combine to comprise $142MM on the Chargers’ 2024 cap sheet. Even with the cap spiking to $255.4MM, four players — two of whom over 30 — take up more than half the team’s payroll. Decisions will need to be made involving these cornerstones, with Kendricks more of a role player last season.

Kendricks may be able to generate interest elsewhere as he did in 2023, though his age will begin to work against him. The 2015 draftee has started 127 games during his nine-year career, earning an eight-figure-per-year Vikings extension in 2018. Kendricks started for four playoff-bound Minnesota teams, earning his lone Pro Bowl nod in 2019.