Transactions News & Rumors

Vikings Extend S Theo Jackson

The safety position has been a talking point for the Vikings this offseason. As free agency approaches, the long-term future of one contributor at the position has been assured.

Theo Jackson has agreed to a two-year extension, Tom Pelissero of NFL Network reports. The pact – which has since been announced by his agency – is worth $12.62MM and ensures Jackson will be under contract through 2027. His next two years of compensation are guaranteed in full.

Jackson was waved by the Titans during roster cutdowns in 2022. He quickly joined the Vikings on their practice squad and has remained in the organization ever since. The 26-year-old has not had a notable role on defense to date, totaling only 222 snaps in that capacity. Jackson has, on the other hand, been a mainstay on special teams for Minnesota.

The former sixth-rounder has racked up 875 third phase snaps in three years, and he will no doubt be expected to handle a workload of some kind in that regard moving forward. Given the financial element of this Vikings commitment, though, a starting gig on defense may now be in store. Jackson has notched one interception in each of the past two seasons, adding four pass breakups over that span.

Harrison Smith is giving thought to retirement, and his absence would create a major safety void on and off the field. Camryn Bynum – who has been a full-time starter for each of the past three years – is on track for free agency, meanwhile, meaning significant changes could be coming at the safety spot this offseason. Keeping Jackson in the fold will allow for some continuity at the position regardless of what other moves are made.

Minnesota’s secondary could see further movement if cornerback Byron Murphy (also set to hit the market) departs in the near future, although the Vikings are near the top of the league in terms of cap space. While a number of new faces could be in place by the start of next season, Jackson will remain in the fold for 2025 and beyond.

Rams, WR Tutu Atwell Agree To Deal

It remains to be seen how the Rams will handle the Cooper Kupp situation. As one wideout remains on course to depart Los Angeles, though, another is staying put.

Tutu Atwell has agreed to a one-year deal which will allow him to remain with the Rams, ESPN’s Adam Schefter reports. This will be a $10MM pact, and Schefter adds it is guaranteed in full. The former trade candidate will now face high expectations for 2025.

Providing further details on the agreement, Ian Rapoport of NFL Network reports Atwell will collect a $5MM signing bonus. His $5MM in base salary is locked in at signing. The 25-year-old was on course for free agency with his rookie contract set to expire, but now he will log at least one more campaign in Los Angeles in the hopes of continuing to develop.

Atwell played in eight games during his rookie season, but he was not targeted. His role grew in Year 2, and his 16.6 yards per catch average (albeit with limited volume) offered a glimpse into his potential. Playing behind both Kupp and Puka Nacua in 2023, the Louisville product took another step forward in terms of production (39 catches, 483 yards, three touchdowns). Still, his output did not match expectations, and questions loomed over Atwell’s future. Last summer, it became clear the Rams did not intend to trade him, however.

Missed time at the top of the WR depth chart created an increase in opportunities for Atwell to begin the 2024 campaign. As a result, the former second-rounder’s reception (42) and yardage (562) totals again reached a new personal high. Toward the end of the season (when both Nacua and Kupp were available), though, Atwell saw his workload drop considerably. With a complementary role likely on tap for 2025, this commitment therefore comes as something of a surprise.

Nacua has two years remaining on his rookie contract, and he will be the focal point of Los Angeles’ passing attack moving forward. Kupp is on the trade block, however, and the team is willing to eat some of his salary to work out a deal. Moving on from the former ‘Triple Crown’ winner will create a starting vacancy for the Rams, but Atwell – who has handled a snap share above 40% only once to date – will face questions if he steps into one. Given the short-term nature of this arrangement, the Rams are clearly still unsure of his ability to produce on a regular basis.

Demarcus Robinson is a pending free agent, and his departure would increasingly leave Atwell in position to serve as a familiar option to quarterback Matthew Stafford, who will remain with the team for 2025. Left tackle Alaric Jackson also has a new deal in place, so the Rams will have a high degree of continuity on offense moving forward even with Kupp on his way out.

Browns Restructure Deshaun Watson’s Deal

As expected, the Browns have again adjusted Deshaun Watson‘s pact to create immediate cap room. ESPN’s Field Yates notes another restructure has taken place, freeing up nearly $36MM in cap space.

Given the fully guaranteed nature of Watson’s pact, a trade or release was never feasible for the Browns even in the wake of Watson’s struggles when healthy during his Cleveland tenure. The blockbuster trade acquisition saw his 2024 campaign end with an Achilles tear, and he has subsequently suffered a second tear which will sideline him for most (potentially all) of next year.

In December, team and player agreed to a reworked deal which added a pair of void years to the pact. None of Watson’s compensation was affected by the move, whereas today’s restructure will convert salary into a signing bonus to lower his 2025 cap charge. Watson was previously on track to count for $73MM against the cap this season, meaning such a maneuver was expected prior to the start of the new league year. Cleveland was among the teams over the cap entering Thursday, but once this move is processed the Browns will be in compliance.

Nevertheless, a cost-effective QB solution will be sought out this offseason with Watson still under contract for the next two years. Cleveland will only be able to afford a modest investment in free agency, and as a result Kirk Cousins has been mentioned as a logical target (provided he is released by the Falcons). The draft also looms as an avenue to finding a long-term Watson replacement, and the Browns could use the No. 2 pick to fill that need. Cam Ward is among the prospects who will conduct a top-30 visit, and he will be in Cleveland today.

Dorian Thompson-Robinson is attached to his rookie contract, but Jameis Winston is a pending free agent. In the event the latter were to depart, and if pending restricted free agent Bailey Zappe were to be non-tendered, the Browns could be in the market for multiple additions under center. The team now has financial clarity as it pertains to Watson as preparations at the position continue.

Bears To Sign TE Durham Smythe

The Bears continue to make moves on offense before the start of the new league year. Tight end Durham Smythe is headed to Chicago.

Smythe was among the Dolphins’ recent salary cap cuts, and as a result he was allowed to join an interested team before the start of free agency. The Bears are doing just that, inking him to a one-year contract, per Ian Rapoport of NFL Network. This move will allow the 29-year-old to reunite with new Chicago head coach Ben Johnson, whose Dolphins tenure overlapped for one year with Smythe’s. ESPN’s Jeremy Fowler reported Wednesday night the Bears were interested in making this move.

The latter joined Miami as a fourth-round pick in 2018; his rookie campaign doubled as Johnson’s last with the team (as a receivers coach). Smythe did not work directly with Johnson, but the two are nevertheless familiar with each other. This pact will mark Smythe’s first with a new team after he enjoyed a seven-year run with the Dolphins.

The Notre Dame product is a veteran of 112 games and 74 starts. Smythe has been a mainstay on offense at times in his career, logging a snap share as high as 76% (in 2023). That figure plummeted to 32% this past campaign, though, with Jonnu Smith becoming an effective contributor atop the tight end depth chart. Despite the fact Smythe inked a two-year extension in 2023, his release thus came as little surprise.

Known much more for his run blocking than his receiving skills, Smythe’s most productive season came in 2023 (35 catches, 366 yards). He will not be counted on to occupy a major pass-catching role with Chicago, of course, with Cole Kmet attached to a $12.5MM-per-year deal. Smythe will instead look to operate as the team’s TE2 after veteran Gerald Everett was released.

Chicago has worked out a pair of notable trades for starting guards in the lead-up to free agency, swinging a deal with the Rams for Jonah Jackson and another with the Chiefs for Joe Thuney. With those additions along with this Smythe signing, the Bears will hope to see an upgrade in run blocking as part of their offensive renovations.

Chargers Release OLB Joey Bosa

The big moves continue late into the night as ESPN’s Adam Schefter announces that the Chargers have released veteran outside linebacker Joey Bosa. Diana Russini of The Athletic reports that the other teams around the league had been informed of the coming transaction in the last few days. Bosa was the last player remaining from the franchise’s days in San Diego.

While the front office would surely rather have kept Bosa or gotten something in return for the five-time Pro Bowler, the untenable financial commitment going into the final year of his contract made Bosa a prime cut candidate. Bosa was attached to a massive $36.47MM cap hit next season, the highest at his position. The team will save $25.36MM by cutting the veteran, an option that was far too enticing to let pass, even with the Chargers armed with the sixth-most effective cap space in the NFL for next season.

By cutting him, the team avoids paying the $12.36MM roster bonus that was due to Bosa next Wednesday. This deadline was created by Bosa’s team as part of a restructure performed last year. The favorable terms for Bosa forced the team to make a decision before the start of free agency, giving him plenty of time to make the most of his value on the open market.

The former No. 3 overall pick of the 2016 draft class, Bosa has always been a forced to be reckoned with whenever he’s on the field. Following his Defensive Rookie of the Year campaign, Bosa made the Pro Bowl in every year in which he appeared in double-digit games. Reaching double-digit games has been the issue, though, as he has only played 107 of a possible 148 games in his career due to injuries. This includes the past three years. Despite appearing in 14 games this season, Bosa missed 20 games in 2022 and 2023 combined.

With Khalil Mack also headed to free agency following the expiration of his contract, the Chargers may need to be looking at a pass rusher in the draft and free agency. Former second-round pick Tuli Tuipulotu delivered a team-leading 8.5 sacks in his sophomore campaign this year, and veteran Bud Dupree tied with Mack for second on the team with six sacks while coming off the bench, but the position is relatively thin behind them.

As for Bosa, he’ll find it challenging to find a contract with a salary around the $27MM and $20.18MM he earned in his last two deals. A signing bonus and the ability to structure a back-heavy deal could make it possible for Bosa to potentially find the $25.36MM in cash he was set to earn this year, but a new team will need to look past his recent injury history in favor of his impressive pass rushing abilities when healthy in order for him to do so.

There are sure to be plenty of suitors interested in landing Bosa for Year 10 of his career. By releasing him now, the Chargers have allowed Bosa’s team ample time to set up his free agent journey while allowing themselves time to make a plan for the offseason to address the new holes in their defense.

Chiefs To Trade G Joe Thuney To Bears

Minutes after a report indicating the Chiefs were exploring a Joe Thuney trade surfaced, the Bears are expected to swoop in. Chicago is on track to land the All-Pro guard from Kansas City, NFL.com’s Ian Rapoport reports.

This will be the second straight day the Bears will have reached a trade agreement involving a guard, with the team agreeing to obtain Jonah Jackson from the Rams on Tuesday. Chicago GM Ryan Poles was in Kansas City when the Chiefs signed Thuney in 2021.

The Bears are rumored to be sending a fourth-round pick to the Chiefs, Rapoport adds. It will be a 2026 fourth exchanged, ESPN’s Adam Schefter reports. This move will create $16MM in cap space for the Chiefs while leaving them with $10.7MM in dead money. Moving $16MM off the Chiefs’ books will slide them closer to cap compliance, though they entered Wednesday more than $18MM over.

Poles’ team was also mentioned as a potential destination for Trey Smith, but the Chiefs kept the younger of their two Pro Bowl guards via the franchise tag. Chicago will take Thuney, who just completed his age-32 season. One season remains on Thuney’s five-year, $80MM contract. Thuney is due a $15.5MM base salary in 2025; Jackson’s Rams-designed contract calls for a $9MM 2025 base.

Coming off back-to-back first-team All-Pro seasons, Thuney has started all 146 games he has played. The ex-Patriots third-round pick has four Super Bowl rings. A bid for a fifth did not go well, as the Chiefs played Thuney at left tackle during a blowout loss to the Eagles, but he has been one of the league’s best guards for many years.

In addition to Thuney’s two first-team honors, he has two second-team All-Pro accolades on his resume. Kansas City overhauled its O-line after the Buccaneers battered Patrick Mahomes in Super Bowl LV, which featured the team missing both its starting tackles. The Chiefs acquired Thuney, Smith, Orlando Brown Jr. and Creed Humphrey during the 2021 offseason. That quartet helped them win Super Bowl LVII, with the Thuney-Humphrey-Smith trio being in place for the AFC West superpower’s past two Super Bowl trips as well.

The Chiefs gave Humphrey a center-record extension last year and have right tackle Jawaan Taylor locked in for the 2025 season. Even though the latter has not played especially well in Kansas City, he was one of the 2023 free agent market’s top pieces. That allowed him to a secure a contact that guaranteed his 2025 base salary by March 2024. The Chiefs now have Smith tied to a $23.2MM franchise tag and are pursuing a true left tackle. More work will need to be done to reach cap compliance and carve out spending room, and the team will part with Thuney on the way.

The Bears whiffed on their Nate Davis signing in 2023, and the team has Teven Jenkins days from free agency. Although Jenkins made a push for a Bears extension last year, it appears the former second-round pick will head elsewhere. This trade also comes a year after the Bears acquired Ryan Bates from the Bills, who had previously matched a Bears RFA offer sheet for the veteran guard. With Ben Johnson coming in, his team will use an ex-Lion and a decorated AFC blocker at guard in 2025.

Chicago still has tackle starters Braxton Jones and Darnell Wright under contract, but center Coleman Shelton is back on track for free agency. More work may remain for the Bears, who are throwing resources at protecting Caleb Williams in 2025. Williams took an NFL-high 68 sacks last season. That total ranks in the top five over the past 15 NFL seasons. While the team traded for two pricey guards, the moves have only cost Day 3 picks.

One of the players the Chiefs tried at left tackle before moving Thuney over, Kingsley Suamataia looks likely to have a shot to replace him at LG. A position change may be on tap for the 2024 second-round tackle, Rapoport adds. The Chiefs benched Suamataia in Week 2, with Thuney eventually proving a more reliable option — before Super Bowl LIX — at LT. Three yeras remain on Suamataia’s rookie contract.

Raiders, Maxx Crosby Agree On Extension

As several edge rushers will have plenty to say about where that market goes this offseason, Maxx Crosby is beating his peers to the punch. Despite not being in a contract year, the star Raiders pass rusher now has a monster extension in place.

The Raiders and Crosby have agreed on a deal that makes him the highest-paid non-quarterback in NFL history. Crosby is signing a three-year, $106.5MM accord that includes a whopping $91.5MM guaranteed, ESPN’s Adam Schefter reports.

Crosby going first will help the likes of T.J. Watt, Micah Parsons, Trey Hendrickson, Myles Garrett and perhaps Aidan Hutchinson this offseason. The six-year Raider’s new AAV checks in at $35.5MM — $1.5MM north of Nick Bosa‘s previous defender record. Crosby surpasses Justin Jefferson‘s Vikings re-up by $500K per year, elevating him past all his non-QB peers. While it will now be expected some other edge rushers will top where Crosby has gone, he receives an update on a contract he had outplayed.

Crosby’s $91.5MM guarantee number jumps out here, as he managed to secure it on a three-year extension. Bosa landed $122.5MM in total guarantees, Garrett $100MM back in 2020. The 49ers and Browns standouts, respectively, gave their teams four and five years on their deals. Crosby getting here on a three-year contract illustrates how highly the Raiders value him, while setting the table for what could be one of the most explosive contract offseasons at one position in NFL history.

Of course, this can be classified as a three-year deal in name only. Since two seasons remained on Crosby’s previous contract (four years, $94MM), Crosby will still be under Raiders control through 2o29. Still, it cost the Silver and Black plenty to tack on three years here. Crosby was by far the best investment the Raiders made during Jon Gruden‘s second stint at the controls, and he has now been extended by two different regimes.

The Josh McDaniels-Dave Ziegler pair gave Crosby his first extension, which came in 2022. He played two seasons on the deal, leading the NFL in tackles for loss on both. Mark Davis then slammed the door on Crosby trade inquiries last year. Crosby had gone from expressing hope of being a one-team player before some frustration with the Raiders’ struggles showed before the trade deadline. It is safe to say today’s news will put Crosby trade rumors to rest for a while.

The Raiders also moved money around on Crosby’s contract last year; even though that Tom Telesco move was not an extension, Crosby has now seen four Raider regimes pay him. That speaks to both Crosby’s talent and the swift organizational turnover during his tenure.

Crosby, 27, combined for 45 TFLs between the 2022 and ’23 seasons. He added 17 last year, doing so despite missing five games. He ended last season on IR due to a high ankle sprain, which required surgery. The Raiders clearly have no concerns about their EDGE dynamo’s status for 2025. The Eastern Michigan alum notched 7.5 sacks last year but has three double-digit sack seasons — including a career-best 14.5 in 2023 — on his resume. Charting a potential Hall of Fame course, Crosby is certainly now paid like his top peers after having seen some lesser pass rushers move well ahead of him over the past few years.

The Raiders came into the day with more than $95MM in cap space; only the Patriots hold more. They have since extended Crosby and given ex-Tom Brady blocker Alex Cappa a two-year deal days before unrestricted free agency starts. While Cappa checks in as a standard addition, Crosby is among the first players to reap the benefits of the NFL’s latest cap spike. After ballooning by a record $30.6MM in 2024, the cap climbed by $24MM this year. It resides $71MM higher than it did when Crosby was last paid.

It continues to make sense for players to sign short-term deals, as the cap is on a trajectory that does not closely resemble the previous CBA’s course. Crosby has now scored two big-ticket extensions by 27, playing well enough for his team to rip up a previous deal with two years remaining. While other Raiders will take notice, the team does not have anyone on Crosby’s level just yet. Though, Brock Bowers has certainly started well. The team has the likes of Malcolm Koonce, Tre’von Moehrig, Robert Spillane and Nate Hobbs set to hit free agency soon.

The Raiders also will be shopping for a veteran quarterback — before the draft brings another research project at the position — next week. They have plenty of funds remaining to both keep players and add more talent, as the franchise hopes the Tom BradyJohn Spytek-Pete Carroll regime will begin an upward trend at long last.

RFA/ERFA Tender Decisions: 3/5/25

More teams made tender/non-tender decisions on restricted and exclusive rights free agents today. Here are the latest updates:

RFAs

Non-tendered:

Fraboni has served as the Broncos’ primary long snapper for each of the past two seasons, playing in all 17 games of each year as well as this year’s playoff contest. Denver will have until next Wednesday to keep him from hitting the market if they intend to retain him.

ERFAs

Tendered: 

The Broncos tendered all five of their exclusive rights free agents today. The Packers made an easy decision to retain Anderson, who started two games this year and recorded his first career interception.

NFL Minor Transactions: 3/5/25

Today’s minor moves across the NFL:

Cincinnati Bengals

Dallas Cowboys

Denver Broncos

Indianapolis Colts

  • Waived: C Ryan Coll

Los Angeles Rams

New England Patriots

New York Giants

Texans Re-Sign RB Dare Ogunbowale

The Texans have re-signed veteran running back Dare Ogunbowale on a one-year, $1.2MM deal, per NFL Network’s Tom Pelissero.

2025 will be Ogunbowale’s ninth season in the NFL and fourth in Houston. He began his career as an undrafted free agent with the Texans in 2017, but did not make the 53-man roster as a rookie. He spent the rest of the season bouncing between practice squad and made his regular-season debut with the Buccaneers in 2018.

Ogunbowale earned a full-time roster spot and a team captaincy in Tampa Bay in 2019. He carved out a role as a third-down back with 35 receptions for 286 yards and also served as a core special teams contributor. He played 361 snaps on offense and 381 on special teams, which both remain career-highs, but was not retained for the 2020 season.

The Wisconsin product was signed by the Jaguars in 2020 and amassed 282 yards on 75 carries across the next two years. He maintained his role on special teams, but did not feature in the passing game with just 23 receptions in Jacksonville.

Ogunbowale then landed in Houston, where he has spent the last three years. He continued to feature on special teams with rotational roles on offense in 2022 and 2024. Last year, he appeared in all 17 games with 112 yards on 30 carries and 198 yards on 19 receptions while playing 56% of the Texans’ special teams snaps.

In 2025, Ogunbowale will likely take up a similar role behind Joe Mixon, though a resurgence from fourth-year back Dameon Pierce could cut into his workload.