Contract Details: Tannehill, Saints, Ravens
Here are the details from the latest contracts agreed to around the NFL:
- Ryan Tannehill, QB (Titans): Tannehill’s restructured deal will pay out a $1.5MM base salary in 2021 and count $11.1MM against the cap, Field Yates of ESPN.com tweets. Those numbers jump back up beginning in 2022, with Tannehill set to earn a $29MM base salary and count $38.6MM against Tennessee’s cap. In 2023, Tannehill is due a $27MM base and will be a $36.6MM cap hit. The Titans used two void years (2024 and ’25) to help create more than $15MM in cap space.
- Marshon Lattimore, CB (Saints): Four years, $120MM, according to Yates (on Twitter). Like New Orleans’ Taysom Hill deal, this contract is flush with void years and does not reflect true value. Lattimore’s fifth-year option ($10.2MM) will be spread onto the Saints’ 2021 and ’22 salary caps, with $2.841MM on this year’s cap and $7.403MM next year, according to OverTheCap. Lattimore remains under contract through 2021.
- Gus Edwards, RB (Ravens): Two years, $10MM. Edwards will collect a $3.75MM signing bonus and earn base salaries of $1MM (2021), $3.25MM (’22) and $4.38MM (’23) on this extension, Jeff Zrebiec of The Athletic notes (subscription required).
- Ja’Wuan James, OT (Ravens): One year, up to $9MM. James will receive a $500K signing bonus but count just $250K toward Baltimore’s cap this year, Zrebiec adds. If James is on the Ravens’ roster on the fifth day of the 2022 league year, he will collect a $500K roster bonus. In that scenario, James’ 2022 base salary will be $2.5MM. He would then count $3.25MM against the Ravens’ 2022 cap. $5MM in incentives round out the deal.
- De’Vondre Campbell, LB (Packers): One year, $2MM, per the Milwaukee Journal Sentinel’s Tom Silverstein (on Twitter). Campbell will receive a $1.1MM signing bonus and count $1.19MM against Green Bay’s 2021 cap. The Packers tacked on four void years, creating an $808K cap hit in 2022. The deal also contains $500K in playing-time incentives.
NFL Draft Pick Signings: 6/10/21
Here are the latest mid- and late-round rookie contracts agreed to around the league:
Jacksonville Jaguars
- S Andre Cisco (third round; Syracuse)
Tennessee Titans
- DL Rashad Weaver (fourth round; Pittsburgh)
CB Johnathan Joseph Announces Retirement
Johnathan Joseph enjoyed one of the longest careers among modern cornerbacks, lasting 15 seasons. The accomplished cover man announced (via Twitter) Thursday he will not attempt to play a 16th NFL campaign, choosing retirement instead.
A former Bengals first-round pick, Joseph spent most of his career in Cincinnati and Houston. However, he spent time in Tennessee and Arizona in his final season. Overall, Joseph played in 211 games and logged 192 starts during a career that included two Pro Bowls.
The South Carolina alum displayed a knack for finding the end zone during his career, intercepting 32 passes and taking seven back for touchdowns. Joseph, 37, will leave the game tied for seventh all time in pick-sixes — alongside Hall of Famers Ed Reed, Ty Law, Lem Barney and Herb Adderley. Joseph added a fumble return for a score in 2008. While Joseph will not end up in the Hall of Fame like his pick-six contemporaries, he was regarded as one of the NFL’s best corners for several seasons during his prime.
Joseph added two postseason interceptions, both coming in Texans wild-card wins over the Bengals. He played a key role in elevating Houston to those early-2010s January games, which doubled as the franchise’s initial playoff appearances. The 5-foot-11 defender made the Pro Bowl in those seasons. The Texans gave Joseph a five-year, $48.75MM contract in 2011. He performed well enough that the team extended him — on a three-year, $22MM deal — in the summer of 2015. Joseph ended up outlasting both A.J. Bouye and first-round pick Kevin Johnson in Houston; Johnson opted to retire this month as well.
With the Bengals in 2009, Joseph notched a career-high six INTs to help the franchise to the AFC North championship. Joseph signed with the Titans last year but could not help an overmatched defense much, though he did add one more INT to his career total. The Titans released him in November, but he caught on soon after with a familiar face. Johnathan Joseph concluded his career with the Cardinals, playing for former Texans secondary coach Vance Joseph.
Minor NFL Transactions: 6/8/21
Today’s minor moves:
Minnesota Vikings
- Signed: CB Amari Henderson
Seattle Seahawks
- Signed: WR Travis Toivonen
Tennessee Titans
- Released from injured reserve: OL Anthony McKinney
Titans Restructure Ryan Tannehill’s Deal
Ryan Tannehill has restructured his deal in order to welcome Julio Jones to Nashville (Twitter link via NFL.com’s Ian Rapoport). The simple revision will provide the Titans with upwards of $15MM in cap space, allowing them to fit Jones’ $15.3M salary for 2021.
[RELATED: Titans GM Jon Robinson On Julio Jones Trade]
This was the expected move after Sunday’s trade hit the wire. In effect, everything will basically remain the same on Tannehill’s end. The quarterback is still signed through 2023, thanks to the four-year, $118MM extension he signed in 2020. The only real difference is that his $29.5MM cap hit will be reduced for 2021, with the balance being pushed into 2022. Next year’s cap increase should allow the Titans to take that in stride, though they can kick the can down the road again in ’22 by converting a chunk of those dollars into a signing bonus.
Ultimately, it was an easy call for Tannehill. Now, he’ll have a dynamic 1-2 punch at wide receiver with Jones lining up opposite of A.J. Brown. Meanwhile, the Titans still have ammo to build for the future — instead of a first-round pick, the Titans coughed up little more than a 2022 second-round choice.
Minor NFL Transactions: 6/7/21
Today’s minor NFL transactions:
Las Vegas Raiders
- Waived: G Marquel Harrell
Seattle Seahawks
- Waived: TE Nick Guggemos
Tennessee Titans
- Reverted to IR: OT Anthony McKinney
Julio Jones Fallout: Contract, Suitors, Titans
In a trade that will send one of the 21st century’s best players to the AFC, the Titans moved ahead of the pack in this pursuit via a firm offer. The Titans were the only serious Jones suitor, according to NBC Sports’ Peter King.
The Falcons spoke with several teams on Jones, though offers were scarce. At various points in this process, the team discussed the All-Pro wide receiver with every NFC West franchise. The Cardinals are a new entrant in this derby, but Albert Breer of SI.com notes neither they nor their NFC West rivals sent the Falcons firm offers.
The Titans initially proposed sending the Falcons a conditional third-rounder that could become a second, Breer adds, but Atlanta had Tennessee’s proposal of a second-rounder sans conditions on the table for a bit. Sunday-morning negotiations that ended with the teams agreeing to exchange later-round picks finalized the deal, according to King.
Tennessee’s willingness to absorb Jones’ $15.3MM guaranteed salary also outflanked other suitors, per Breer, who notes the Falcons were not interested in eating part of Jones’ 2021 salary in order to sweeten trade compensation. No first-round pick was offered, Breer notes, though at one point a first did come up as part of a potential pick swap.
A Jones-Falcons divorce first surfaced around draft time, and it became a deal framed around the new Falcons regime receiving cap relief. Given the salary component in these talks, that certainly is a key reason why Jones is Nashville-bound. But this separation began when Jones and the Falcons negotiated his wideout-record three-year, $66MM extension. Jones lobbied the Falcons for a new deal after the 2017 season; the Falcons refused and ended up making minor adjustments to his previous contract in 2018. The future Hall of Famer pursued the matter again in 2019. While the sides hammered out an agreement, the months-long negotiations — which ended with a Sept. 7 accord — took a toll on both parties. Jones communicated to the Falcons he wanted out in March.
Although the Ravens pursued several receivers this offseason and signed Sammy Watkins, their Jones interest ceased after the draft. Baltimore using first- and fourth-round picks on wideouts — Rashod Bateman and Tylan Wallace — ended its talks with its former division rival. Finances scuttled Seahawks involvement, King notes, adding the Patriots were also not serious players in this chase.
It sounds like the Falcons are preparing for a pricey Calvin Ridley extension. The 2018 first-round pick is now eligible for a new deal, and the Falcons are preparing for that expensive re-up, per Breer, by getting the Jones contract off their books. Though Atlanta is still eating some dead money from this trade, the team has some time on a Ridley extension. The Falcons picked up his fifth-year option in May, locking up Ridley through 2022.
Titans GM Jon Robinson On Julio Jones Trade
A truly blockbuster NFL trade went down this morning, and we’re continuing to cover all the Julio Jones fallout. Most recently, Titans GM Jon Robinson spoke to the media to address his team’s new shiny acquisition. The following nuggets come courtesy of Jim Wyatt of the team’s official site on Twitter.
Interestingly, Robinson revealed the Titans have been in pursuit of the former Falcons star for a while. Robinson said Tennessee had been going back and forth with Atlanta for a few weeks, but things really picked up yesterday.
It sounds like some financial shuffling is about to take place, as Robinson said the Titans plan to restructure a contract or contracts to fit Jones’ big deal on their books.
Robinson emphasized that he spoke to current players on the team, and they were all enthusiastic about the prospect of adding Jones. He also added that he consulted with Nick Saban, Jones’ college coach at Alabama, who spoke very highly of him.
For Titans fans wondering about other potential additions to the offense, Robinson said the team is continuing to monitor the tight end market after losing Jonnu Smith in free agency.
After letting Smith and Corey Davis walk, it initially looked like Tennessee was going to have a pretty underwhelming group of pass-catchers outside of A.J. Brown, but Ryan Tannehill can’t complain anymore.
Chiefs Weren’t In Julio Jones Mix
The Chiefs were “never truly in” the Julio Jones sweepstakes, according to Peter Schrager of NFL.com (on Twitter). Like every team in the league, the Chiefs would have loved to have him, but it just didn’t make sense financially. Instead, Jones is en route to the Titans, who landed him on Sunday morning. 
[RELATED: Titans Trade For Julio Jones]
The Titans shipped a 2022 second-round pick and a 2023 fourth-round pick to the Falcons for Jones. Meanwhile, the Falcons also sent their 2023 sixth-round pick to the Titans in the swap. That’s a far cry from the Falcons’ initial ask of a first-round pick, but that was the best they could do given Jones’ age (32) and contract.
The veteran is owed a $15.3MM base salary for 2021 and still has some guaranteed dollars for 2022. That would have been tough to swing for the Chiefs, who have less than $8MM to work with heading into ’21.
Needless to say, the Chiefs are already well-set on offense with Tyreek Hill, Travis Kelce, and Mecole Hardman in the fold. Jones would have been one heck of a replacement for Sammy Watkins, but it would have come at a great expense.
“If I could play alongside Julio Jones, that would be amazing,” Hill said recently (via FOX 4). “I used to be in high school when he was doing his thing at Alabama and I’ve been a fan ever since.”
The Chiefs have other plans for those dollars, including a 2022 extension for Orlando Brown. Meanwhile, Jones is said to be aiming for a new deal of his own.
The Ravens — who could have teamed Jones with Watkins — reached a similar conclusion, backing out of talks last week. Ditto for the Seahawks, who already traded their 2022 first-round pick for star safety Jamal Adams. The 49ers and Rams also had varying degrees of interest in the multiple-time Pro Bowler, but the Titans ultimately topped every other offer.
Falcons Trade Julio Jones To Titans
The Julio Jones saga has reached a conclusion. According to Ian Rapoport of NFL.com, the Falcons have agreed to trade Jones to the Titans in exchange for a 2022 second-round pick (Twitter link). Atlanta will also get the Titans’ fourth-round pick in 2023, though it will need to send its 2023 sixth-round choice to Tennessee. Both clubs subsequently announced the trade.
Once it became clear that Jones was going to be dealt, Tennessee always seemed like one of the most logical landing spots. The club lost WR Corey Davis and TE Jonnu Smith in free agency, and while the Titans’ offense will continue to flow through running back Derrick Henry, it seemed imperative for GM Jon Robinson to add another pass catcher.
Now, Jones will team with A.J. Brown to form a potentially dynamic 1-2 punch at the wide receiver position. And the Titans will not have to give up a ton to make that a reality. Though the Falcons were said to have an offer in hand that included a first-round pick, subsequent reports expressed skepticism that Atlanta would be able to get that type of compensation unless the hypothetical first-rounder was part of a pick-swap, similar to the return that the Ravens received from the Chiefs in the Orlando Brown Jr. trade.
Jones’ age (32) and sizable contract limited the Falcons’ leverage, as did the fact that Atlanta’s dire cap situation — the club had $446K in cap space before the trade and has yet to sign its draft picks — essentially compelled the team to rid itself of Jones’ salary. Plus, the seven-time Pro Bowler is coming off an injury-marred 2020 campaign in which he appeared in only nine games.
However, the Falcons were able to convince the Titans to assume the entirety of Jones’ contract. As Albert Breer of SI.com tweets, Atlanta is not absorbing any of Jones’ $15.3MM base salary for 2021, so Robinson will have some work to do to get Jones on the books. That could include a new contract for the newest Titan, which was rumored as a possibility last week. Indeed, Paul Kuharsky of PaulKuharsky.com reports that Jones and the Titans are presently discussing contract alterations (Twitter link).
Robinson could also approach quarterback Ryan Tannehill about a restructure. We heard just two days ago that Tannehill and the team had not discussed such a possibility, but it seems that the QB would be receptive to a reworked contract that converts some of his base salary into a signing bonus, especially since it would help facilitate Jones’ arrival.
Assuming he’s fully healthy, Jones should fit nicely into the Titans’ play-action-heavy offense. As Brown’s primary foil, he could thrive on in-breaking routes, and he still has enough straight-line speed to keep defenses honest. His presence makes Tennessee’s aerial attack a formidable one, though the club will have to demonstrate a marked improvement on the defensive side of the ball to have a legitimate chance at a title.
For the Falcons, this move represents the end of an era. One of the greatest receivers of his generation, Jones now holds franchise records in receptions (848) and receiving yards (12,896), and his 60 receiving TDs trail only Roddy White‘s 63. Those receiving yards currently rank 20th on the NFL’s all-time list, but Jones could catapult into the top-5 with several solid seasons in Tennessee.
Atlanta opted against drafting a successor for aging QB Matt Ryan, instead using its No. 4 selection on Florida TE Kyle Pitts, presumably in the hopes of making one final run at glory with Ryan under center. Between Pitts and Calvin Ridley, Ryan will still have several quality receiving options at his disposal, but losing Jones will put a major damper on any hopes the Falcons had for competing in 2021.
Dianna Russini of ESPN.com first reported that the Falcons and Titans were expected to finalize a trade that would send Jones to Tennessee within the next 24-48 hours (Twitter link). Adam Schefter of ESPN.com added (via Twitter) that the two clubs were still discussing whether the trade package would include a second- and fifth-rounder going back to Atlanta, or if the Falcons would get a second-rounder and swap other picks with the Titans.