Chiefs Release DE Frank Clark
MARCH 7: In a tweet thanking Clark for his contributions over the past four seasons, the Chiefs announced the separation Tuesday. Clark will have a head start on finding a new home in free agency.
MARCH 6: The Chiefs and Erik Burkhardt, current agent for defensive end Frank Clark, were reportedly unable to work out an extension heading into the final year of Clark’s current two-year contract, according to Adam Schefter of ESPN. With no new deal getting done to lessen the financial burden on Kansas City, and with Clark set to have a cap hit in 2023 of $28.68MM, the expectation is that the Chiefs will release Clark. 
The two parties have been attempting to work out a cheaper way forward with one of their defensive stars who is third all-time in postseason sacks, but this year’s Super Bowl run gave them a delayed start in negotiations. Having failed to reach any common ground in efforts towards a renegotiated deal, Kansas City will not want to be responsible for the entirety of Clark’s massive cap hit. Releasing Clark will result in $21MM of cap savings and only $7.68MM in dead money.
If the Chiefs go that route, Clark will join this year’s free agent class. With a previous annual average value of $15.09MM, Clark was the league’s fifth highest paid defensive end. He likely becomes the top free agent option alongside fellow Super Bowl LVII participants Robert Quinn and Brandon Graham. Yannick Ngakoue and Jadeveon Clowney will also be top signing options this offseason.
Though the Chiefs and Clark may be parting ways, it may not be the end of Clark’s time in Kansas City. The 29-year-old may find, after testing the waters, that what the Chiefs have to offer is the best fit for him. Regardless, he’ll have that opportunity to test his market value if the Chiefs move forward with these plans.
Ravens Place Non-Exclusive Franchise Tag On Lamar Jackson
Many around the league have been waiting to see the Ravens’ decision with Lamar Jackson. A long-term deal will not be finalized in time for today’s deadline, though. ESPN’s Kimberley Martin reports (via Twitter) that Baltimore is using the non-exclusive franchise tag. A team announcement confirms that the less expensive tag option is their chosen route with the former MVP.
With contract talks resulting in an impasse between the two sides, it comes as little surprise at this point that the tag has been used. Over the course of the weekend, reports emerged that the Ravens were leaning towards going the no-exclusive route, something which carries potential financial benefits from the team’s perspective but also a great deal of risk. 
The non-exclusive tag carries a value of $32.4MM, a figure which is far lower than the roughly $45MM the exclusive version would have cost. In that regard, the former option was the most logical one with respect to Baltimore’s cap situation. However, other teams will now be eligible to send the 26-year-old an offer sheet, which would not have been possible had the Ravens used the exclusive tag. One team frequently linked to Jackson via an offer sheet or tag-and-trade scenario is the Falcons. However, Atlanta will not pursue such a move, per ESPN’s Dianna Russini (Twitter link).
Baltimore would have the option to match any offer sheet which Jackson signs. If they elect not to, they will receive two first-round picks as compensation from Jackson’s new team. The fact that not every squad currently owns Day 1 selections in each of the next two years slightly shrinks the list of potential suitors for him, but competition could quickly ramp up. Jackson, a two-time Pro Bowler, would constitute a significant upgrade over many other incumbent QBs.
The Louisville product has been eligible for a new deal from the Ravens since 2020, but at no point has one seemed to be particularly close. Annual compensation is not thought to be a sticking point from the Ravens’ side, even though any multi-year extension would have surely been the most lucrative in franchise (perhaps league) history. Rather, the matter of guarantees has long been the most pressing issue. Jackson is reportedly seeking a fully-guaranteed pact, a desire seemingly made more plausible after Deshaun Watson‘s historic deal signed with the Browns last offseason.
The Ravens – led by owner Steve Bisciotti – have publicly spoken out against the possibility of making such a commitment to Jackson (and, by extension, a number of other young QBs around the league when they sign second contracts). New deals for Kyler Murray and Russell Wilson signed in 2022 pointed to the Watson accord being an outlier, rather than a new benchmark. That presumably gave the Ravens some leverage in negotiations, but a compromise has not been found.
By going the non-exclusive route, Baltimore is banking on the rest of the league agreeing that full guarantees are too great of a risk for Jackson. The All-Pro has missed five regular season games in each of the past two seasons, including the Ravens’ wild-card loss in 2022. The nature of his PCL injury increasingly became a point of contention as his absence continued deeper into the year, and tension is thought to have increased during the direct negotiations between Jackson himself and GM Eric DeCosta.
Injury problems could scare off other teams to the point where they don’t make an offer to Jackson, or at least one which the Ravens don’t feel comfortable matching. The earliest that teams can submit an offer sheet is the start of the new league year on March 15. Another factor to keep in mind is the possibility of a tag-and-trade situation, where Baltimore could deal him anywhere for any package of trade compensation. That would only be possible, however, after he signed the franchise tender – something he is under no obligation to do until much later in the offseason.
Jackson is the eighth player in franchise history to receive the tag, a move which has more often than not resulted in a long-term deal being agreed upon before the July deadline. Attention will continue to be placed on the two sides in this situation, as negotiations will continue in the hopes of a mega-deal being finalized before the possibility of Jackson skipping portions of the offseason becomes more likely.
A statement from DeCosta reads in part, “We will continue to negotiate in good faith with Lamar, and we are hopeful that we can strike a long-term deal that is fair to both Lamar and the Ravens. Our ultimate goal is to build a championship team with Lamar Jackson leading the way for many years to come.”
Jackson’s importance to the Ravens – from his numerous all-time NFL records to his overall winning percentage of .707% since 2019 – is clear for any observer. The degree to which it is seen and acted upon by any other team (and if so, Baltimore’s willingness to keep him in place for the long-term future) will be a major storyline as the QB landscape takes shape.
Buccaneers To Release LT Donovan Smith
Donovan Smith‘s lengthy Buccaneers tenure looks to be wrapping after eight seasons. The Bucs are planning to release the veteran left tackle, Jeremy Fowler of ESPN.com tweets.
Tampa Bay’s left tackle starter since 2015, Smith had one season remaining on his contract. The Bucs entered Tuesday more than $40MM over the cap. The team needs to spring into action to become cap-compliant, and this Smith cut will help on that front. The Bucs will save more than $9MM by releasing Smith. Designating Smith as a post-June 1 release would save the Bucs more money, but the team needs the savings now, which will likely take that move off the table.
This transaction will help the Bucs along the way to moving under the 2023 cap, but it will also create a blindside void for whomever will be playing quarterback in Tampa next season. Smith had started all 124 games he had played with the Bucs, who selected him in the 2015 second round. Going into his age-30 season, the Super Bowl-winning edge protector will have a chance to bounce back elsewhere.
Jones has offered tremendous durability as well, having only missed more than one game in one season. That came in 2022, however, with an elbow injury sidetracking the experienced blocker. Smith missed four games, adding to a nightmare season for Tampa Bay’s offensive front. The Bucs saw Ryan Jensen make a surprising return for their wild-card matchup, after having torn multiple knee ligaments in training camp. But they missed longtime guard starters Alex Cappa and Ali Marpet. With Smith’s release, only two of Tampa Bay’s Super Bowl blocking bastions are left: Jensen and right tackle Tristan Wirfs.
Pro Football Focus, long skeptical about Smith’s performance level, slotted the Penn State alum as a top-15 tackle in 2021. But he fell out of the top 60 at the position, per the advanced metrics site, in 2022. Todd Bowles considered benching Smith, who now stands to join Orlando Brown Jr. in free agency. The Chiefs are not franchise-tagging Brown for a second time. That plan and the Bucs’ Smith release will add two experienced left tackles to the market, one that did not look to house much in the way of quality heading into the week.
The Bucs had previously given Smith two extensions — a three-year deal ahead of free agency in 2019 and a two-year re-up in 2021 — with the most recent being worth $15.5MM per year. The Bucs will still be more than $40MM over the cap, even after releasing Smith, Leonard Fournette and Cameron Brate. Created largely by Tom Brady‘s restructures, this bill will test the Bucs in the days leading up to the 2023 league year. More cuts are coming.
Falcons, OLB Lorenzo Carter Agree To Deal
A few notable veteran edge rushers are set to hit the open market in the coming days, but one will be staying put for the next few years on his incumbent team. Ian Rapoport of NFL Network tweets that Lorenzo Carter has agreed to terms on a two-year deal with the Falcons. The team has confirmed the move.
Carter spent the first four years of his career with the Giants. His time there was marked by consistency in terms of playing time and production; in three healthy seasons, he averaged 46 tackles and 4.5 sacks per campaign. The one exception to that was the 2020 season, in which the 27-year-old suffered a torn Achilles.
Last March, Carter bid farewell to New York one day before he found his next NFL employer. That decision paved the way for a homecoming for the Atlanta native and Georgia Bulldogs alum, since Carter signed with the Falcons. That one-year pact carried a value of $3.5MM, and allowed him to see a larger workload than any of his campaigns spent in the Big Apple.
Logging a snap share of 81%, the former third-rounder set a new career high with 58 total tackles last year. He added four sacks, 12 QB hits, one fumble recovery and a pick-six to his statline in his first Falcons season. Carter ranked second on the team in sacks, and first amongst edge rushers. As a whole, though, the team struggled once again to get to opposing quarterbacks, ranking 31st in the league with 21 sacks.
That will likely turn Atlanta towards additions both in free agency and the draft this offseason. With more than $66MM in cap space, the Falcons could afford to make a significant splash in a pass rush market which is now expected to include Titans, Rams and Chiefs cap casualties Bud Dupree, Leonard Floyd and Frank Clark. The No. 8 selection could also land them one the top rookies at the position. In any case, Carter could be in line for a reduction in workload moving forward, as he starts the next phase of his Falcons tenure.
Minor NFL Transactions: 3/6/23
Raiders Place Franchise Tag On Josh Jacobs
MARCH 6: The Raiders have used the tag on Jacobs, per multiple reports. That will make him its third recipient this season, along with Daron Payne and Evan Engram. This marks the first time in 11 years that the Raiders have used the tag (safety Tyvon Branch being the latest example), and will extend the negotiating window for the two sides, as Jacobs looks to parlay his career-year into a top-end deal.
MARCH 3: The NFL’s leading rusher in 2022 was near the top of the projected running back free agent class of 2023. He will not, as it turns out, be able to test the open market, however. Tom Pelissero of NFL Network reports that the Raiders will place the franchise tag on Josh Jacobs in the absence of a long-term deal being agreed upon (Twitter link).
The news comes as little surprise, given the value Jacobs demonstrated this past season. The former first-rounder racked up 1,653 yards and 12 touchdowns on the ground, posting career-highs in carries and yards per rush. 400 yards added in the passing game helped earn him a second Pro Bowl nod and a first ever All-Pro honor, and boost his free agent value considerably. 
The Raiders declined Jacobs’ fifth-year option, which led to his contract status coming to this point in 2023. The running back tag for this season checks in at $10.1MM, a figure which would nearly double Jacobs’ career earnings to date. It would also allow him to remain with the Raiders for at least one more season, something he has expressed a desire to do. Like all other players, though, he has openly lamented the possibility of playing on the one-year tag in lieu of a multi-year contract.
Raiders coach Josh McDaniels and general manager Dave Ziegler have stated a willingness to retain Jacobs, 25, despite their decision last offseason to decline his fifth-year option. That could still come in the form of a long-term deal being finalized before the March 7 tag deadline; Jacobs said at the Pro Bowl that talks on a new contract were expected to start. Progress on that front will be worth watching closely in the coming days, as the running back market will likely get thinned out.
The franchise tag is the expected outcome in the case of the Cowboys and Tony Pollard, and a distinct possibility for the Giants and Saquon Barkley. Jacobs being taken off the market would help the free agent stock for the pair of NFC East rushers, but all three RBs being tagged would have a ripple effect on free agency. Miles Sanders and David Montgomery could find themselves as the top players at the position due for a second contract, though a number of veterans – including Leonard Fournette – are set to hit the market as well.
Even if the tag ends up being used on Jacobs (which would extend the negotiating window between he and the Raiders into mid-July), Vegas would still find themselves with more financial flexibility than most other teams. The Raiders currently has more than $48MM in cap space, and a Jacobs tag would not cut too deeply into that figure. Of course, a quarterback addition of some kind would eat into the team’s available funds, though a veteran acquisition may not be in the cards this offseason. In any case, Jacobs will remain in the Silver and Black for at least one more year.
Jaguars Place Franchise Tag On Evan Engram
MARCH 6: The Jaguars announced on Monday, to little surprise at this point, that they have indeed tagged Engram. He will not reach the open market for the second straight offseason, and will remain in place for at least 2023 on a Jacksonville offense which will also welcome Calvin Ridley into the fold in the fall.
MARCH 2, 12:14pm: A tag will happen if the sides cannot agree on a long-term deal, but NFL.com’s Cameron Wolfe notes the sides still plan to negotiate ahead of Tuesday’s deadline (Twitter link). Teams have until 3pm CT Tuesday to apply tags to players.
MARCH 2, 11:40am: The second of this year’s franchise tags is coming out. After the Commanders cuffed Daron Payne, the Jaguars intend to tag Evan Engram, Adam Schefter of ESPN.com tweets.
This is a logical choice, with the tight end tag being the third-lowest figure this year. It will cost the Jags $11.35MM to give Engram the one-year tender/placeholder. Engram has said he wants to stay in Jacksonville, and the Jaguars are optimistic they will be able to hammer out a deal. This move buys them time. They will have until July 15 to work out an extension with Engram, who is going into his age-29 season.
Jacksonville had until March 7 to fire off this transaction. Although GM Trent Baalke said right tackle Jawaan Taylor was also a tag candidate, that move never added up compared to the Engram call. It would have cost the Jags $18.2MM to tag Taylor. Considering Cam Robinson is signed to a top-eight left tackle contract, putting that number on the payroll would have been challenging for the team.
For Engram, this cements a midcareer breakthrough effort. Having languished on mostly poor Giants offenses during his first five seasons, Engram signed a one-year, $9MM pact with the Jags in March 2022. The “prove it” deal paid off for both parties. Engram ended the season with a Jags tight end-record 766 receiving yards, and he continued his production in the playoffs to help the team to the divisional round.
While a host of players have been tagged in the season following their fifth-year option campaign, Engram is the rare player to be tagged two years after his option year. The 2017 first-rounder played out his option year in New York. This tag, which could well lead to a long-term deal, will mean the Ole Miss product will have collected more than $26MM over the past three seasons. Not bad for a tight end who has battled injuries and inconsistency. Ahead of his one-year Jags pact, Engram totaled just 408 yards in 15 Giants games.
It would behoove the Jags to work out a long-term accord with Engram. Their pass catcher payroll is filling up. They now have an Engram tag and Calvin Ridley‘s fifth-year option ($10.9MM) on the books. Both Christian Kirk and Zay Jones are on veteran contracts — $18MM and $8MM per year, respectively — though the Jags restructuring both helped create enough cap space to unholster this Engram tag. This locks in an intriguing quartet ahead of Trevor Lawrence‘s third season. The Jags are still waiting on Ridley’s reinstatement from his gambling suspension, but that is expected to take place.
Thursday’s Jags decision also stands to benefit two tight ends tagged last year. Unless the Cowboys tag Dalton Schultz, his free agency prospects look a bit better. Ditto Mike Gesicki, whom the Dolphins tagged ahead of an ill-fitting season in Mike McDaniel‘s offense. Both are eligible for unrestricted free agency March 15. Gesicki and Schultz are expected to relocate soon after. Neither was able to work out a deal before last summer’s extension deadline, though David Njoku did so with the Browns. Cleveland gave Njoku, chosen six spots behind Engram in the 2017 draft, a four-year, $54.75MM deal. Engram should be able to target a contract in the Njoku-Dawson Knox range; the Bills tight end signed for just less ($13MM per year) last summer.
NFL Reinstates WR Calvin Ridley
On the first day he was eligible to do so, Calvin Ridley applied for reinstatement to the NFL. On Monday, the league announced that the Jaguars receiver has been reinstated, meaning he is clear to participate in all offseason team activities. 
The 28-year-old was suspended for the full 2022 campaign after he was found to have bet on NFL games the previous year. That marked a controversial end to his Falcons tenure, which spanned the first four seasons of his career. The former first-rounder was set to play on his fifth-year option ($11.12MM) in 2022, but will earn that amount this coming season in Jacksonville.
The Jaguars acquired Ridley at the trade deadline despite the uncertainty surrounding his future. The Falcons will receive Jacksonville’s fifth-round pick this year since Ridley has been reinstated. Atlanta is also in line for at least the Jaguars’ fourth-rounder in 2024, though that pick could become a third- or even second-rounder, depending on if the Alabama product signs a new deal to remain in Duval County.
That remains a distinct possibility, given the potential Ridley showed in the 2020 season in particular. He posted 90 catches for 1,374 yards and nine touchdowns that season, though things took a significant turn one year later. Ridley took a leave of absence from the Falcons midway through the 2021 campaign, citing mental heath reasons. That limited him to just five games played, and thus a lengthy layoff until his Jaguars debut, even if that comes in Week 1 of the 2023 season.
Presuming that takes place, though, the AFC South champions will have another notable pass-catching option available for third-year QB Trevor Lawrence. The team signed Christian Kirk to a deal which raised plenty of eyebrows at the time, though the ex-Cardinal posted 1,108 yards and eight touchdowns this year. Jacksonville will also have tight end Evan Engram in the fold for at least the 2023 season via the franchise tag. Ridley will join them as he looks to help the Jaguars build off of last season’s success, and get his career back on track.
In a statement, Ridley said, “Today’s reinstatement by the NFL brings an end to a challenging chapter of my professional career, one that was self-inflicted and began with an isolated lapse in judgement. I have always owned my mistakes and this is no different.
“I have great respect for the game and am excited for the opportunity to restart my career in Jacksonville. I look forward to showing my new coaches, teammates, and the entire Jaguars organization exactly who I am and what I represent as a player and person.”
Saints Sign Derek Carr
12:25pm: Details are in on the Carr deal, per Rapoport (Twitter link). The contract is worth $150MM over four years, good for an average annual value of $37.5MM; that figure ranks ninth in the league amongst QBs. In addition, the Saints are giving Carr $100MM in total guarantees, including $60MM guaranteed at signing (which rank 10th and 11th in the NFL at the position, respectively, and outweigh the $40MM the Raiders would have owed him had they not released him when they did). $10MM due in year three of the pact vests after one season, meaning the contract essentially contains $70MM fully guaranteed. Garafolo tweets that a no-trade clause is in place as well.
Rapoport adds that Carr agreed to structure the deal in a way which helps their tight cap situation, meaning the first year likely carries a low cap hit. Even if that’s the case, Winston is all-but assured to find himself playing elsewhere in 2023 as New Orleans looks for less expensive options behind Carr.
9:19am: After plenty of speculation, the first quarterback domino is set to fall in 2023. Derek Carr is signing with the Saints, reports Mike Garafolo of NFL Network (Twitter link). His colleague Ian Rapoport tweets that the deal is four years in length. The Saints have since announced that the contract is officially in place.
Carr’s tenure with the Raiders all-but officially came to an end late in the 2022 season when he was benched. He spent the final two weeks of the campaign away from the team, leading to questions of where he would land next and how Vegas would proceed under center. A trade was a possibility at one point, with the Saints being the only team which worked out compensation with the Raiders on a potential deal. However, the 31-year-old forced Vegas to release him and give himself the chance to test the open market. 
That made Carr the top quarterback known to be available prior to the start of free agency. He had a visit with the Jets which resulted in mutual interest existing between the two sides. New York has been very public about their intentions of adding a veteran passer to give the team stability at the position, though they have routinely been linked to a potential Aaron Rodgers trade.
Carr met with not only the Saints and Jets, but also the Panthers during the Combine, a sign that New Orleans could be facing competition from their division rival. Carolina was thought to be weary of Carr’s $35MM-per-year asking price, however, leading to the expectation that they will use the draft to find their next long-term QB. This news points the Panthers further in that direction.
It came out last week that the Saints were prepared to sign Carr after the outcome of their sit-downs with him. That suggested they were in the lead to land the four-time Pro Bowler, although an update from yesterday seemed to keep the Jets firmly in the running. In any case, it comes as little surprise that Carr has made his decision before the start of the new league year, when other veterans (including Jimmy Garoppolo) will become eligible to sign with teams.
The Saints made a strong push for Deshaun Watson last offseason, in spite of an unenviable cap situation. That led them to turn back to Jameis Winston as their Week 1 starter, though the addition of backup Andy Dalton led to the expectation that a swap in the pecking order could be coming. That was indeed what happened relatively early in the season, though Dalton’s performances led to increased calls for Winston to be re-installed as the No. 1.
Overall, neither passer did enough in 2022 to dissuade New Orleans from making a splash at the position. Dalton is a pending free agent, while Winston has one year remaining on his current contract. Releasing the latter as a post-June 1 cut would yield $12.8MM in cap savings, though the Saints still have plenty of need for additional funds in the immediate future. The team has made multiple moves recently with respect to restructures, as they looked to carve out not only the needed space to achieve cap compliance, but also the ability to afford Carr. Now, they have done enough to land what they hope will be an upgrade at the position for the foreseeable future.
Attention will now increasingly turn to the Jets’ pursuit of Rodgers, who has at all times been their top preference. With Carr no longer available as a backup plan, New York could face increased urgency to trade for the four-time MVP, whose playing future remains very much in the air. Meanwhile, veterans Carson Wentz and Marcus Mariota are now the top passers available at the moment, after they were unsurprisingly released last week. With Carr off the board, the 2023 QB landscape has started to take shape.
Cowboys Place Franchise Tag On RB Tony Pollard
Tony Pollard‘s future in Dallas has increasingly become a talking point this offseason, but some clarity has emerged Monday. The Cowboys are using the franchise tag on the running back, reports ESPN’s Adam Schefter (via Twitter). A team announcement has since confirmed the move.
The news comes as no surprise at this point, of course. Pollard played his way into a considerable pay raise over the past two seasons in particular. He eclipsed the 1,000 yard mark for the first time in his career in 2022, a feat which earned him a Pro Bowl nod. The franchise tag (valued at $10.1MM) was thought to be the likely outcome in his situation in the build-up to the tag window, which is set to close tomorrow. 
Over the course of this past weekend, owner Jerry Jones confirmed that the Cowboys would make sure Pollard didn’t hit the open market. A long-term deal would achieve that goal, and the parties now have until July 15 to negotiate one. After the 25-year-old averaged 5.2 yards per carry in 2022 (his third season with an average above 5.0 in that regard), Pollard confirmed his status as by far the most efficient member of Dallas’ backfield. Playing 2023 on the tag would of course be possible, and nearly triple his career earnings, but a multi-year commitment for Pollard would carry other consequences for the Cowboys.
Ezekiel Elliott has long been viewed as a cut candidate, given the structure of his contract. Elliott no longer has any guaranteed money remaining on his pact, which runs though the 2026 season. Releasing the 27-year-old would yield considerable cap savings, especially if he were to be designated as a post-June 1 cut. Knowing the financial burden he represents to the team, Elliott has publicly shown a willingness to take a pay cut to stay in the fold moving forward.
The former fourth overall pick racked up 968 scrimmage yards in 2022, but averaged a career-low 3.8 yards per carry. That has led to increasing calls for Pollard to take on early-down work, which would leave Elliott as a short-yardage specialist. That role could suit the latter, but a $16.7MM cap hit accompanying it would not be feasible. Regardless of what the Cowboys do with Elliott, Pollard will be a central figure in the team’s offense for at least one more year.
Dallas is said to be eying a notable addition on that side of the ball, as the team looks to add another pass-catching option to complement wideout CeeDee Lamb and, likely, a tight end to replace Dalton Schultz. Doing so would be made possible with a less expensive RB tandem made possible by a release of Elliott or a significant pay cut on his part. Regardless, Pollard demonstrated an ability to operate as a lead back on a full-time basis, something which he could very well be in 2023.
With Pollard joining Raiders tailback Josh Jacobs in the franchise tag club, the position’s market has lost another headliner in terms of free agency. With Jacobs and Pollard unavailable, and the same potentially true of Saquon Barkley, attention will turn to the Giants star, along with the likes of Miles Sanders and David Montgomery for RBs in line for a second contact. Several veterans could hurt their respective markets, but Pollard can now focus on continued negotiations aimed at keeping him in Dallas beyond the coming season.