HEADLINES

Month: January 2025

Cowboys Restructure Dak Prescott’s Deal

March 10th, 2023 at 11:53am CST by Sam Robinson

Entering Friday more than $16MM over the cap, the Cowboys have moved well under the 2023 salary ceiling. They restructured the contracts of Dak Prescott and Zack Martin, Tom Pelissero of NFL.com tweets.

These revisions cleared approximately $30MM in cap space for the Cowboys, who recently allocated $10.1MM to a Tony Pollard franchise tag. The conversion involved around $29MM of Prescott’s 2023 base salary shifting to a signing bonus, Todd Archer of ESPN.com tweets. This restructure will either bump up Prescott’s 2024 cap number or add more void years to his deal, but it will drop the quarterback’s 2023 cap figure from a historically high place. Prescott’s 2024 number now comes in at around $59MM, Archer tweets. That number will obviously be untenable for the team.

Prescott was set to carry a $49.13MM cap number this year. No player had previously played a season with a cap hit higher than $46MM, though Deshaun Watson is currently on track to do so. The Browns are considering restructuring their quarterback’s fully guaranteed deal, and Prescott’s restructure will only lead to more talk of another extension coming to pass.

Cowboys executive VP Stephen Jones said a second Prescott extension is likely to happen. The Cowboys have Dak signed on his $40MM-per-year contract for two more seasons. Prior to Friday’s restructure, the QB was set to carry a $52.1MM cap hit in 2024. With that number venturing deeper into uncharted waters via today’s transaction, Prescott extension talk figures to accelerate. The parties are not believed to have entered discussions about a new deal, but Prescott said recently he looks forward to an extension “when that time comes.”

This restructure will increase Prescott’s leverage, as Dallas will be eager to reduce his 2024 cap number. Daniel Jones‘ $40MM-per-year deal and the potential re-ups for Jalen Hurts, Joe Burrow and Justin Herbert — and whatever happens with Lamar Jackson this year — also will work in Prescott’s favor. When Prescott and the Cowboys negotiated up until the 2020 franchise tag extension deadline, a deal in the $35MM-AAV range was rumored. It ended up being pushed to $40MM ahead of the 2021 March tag deadline. Once Hurts, Burrow and Herbert sign, the next round of Prescott talks could center around a number beginning with a 5.

“I don’t want to dare do this to Dak or me or anybody,” Jerry Jones said, via the Fort Worth Star-Telegram’s Clarence Hill. “But I think just as [Tom] Brady became better and better and more impactful on how they won as he got into his career, I think that really [Dak] has those qualities. I think he can get better.”

Martin’s $14MM-per-year contract runs through 2024. The team is also in talks with Tyron Smith about a potential reworking, Jeremy Fowler of ESPN.com tweets. The team is trying to reduce Smith’s $17.6MM cap number. Attached to the NFL’s longest-running contract, Dallas’ left tackle is finally near the end of that eight-year pact. It expires after the 2023 season. Two void years are already on Smith’s contract, limiting the Cowboys’ options with their 12-year tackle. The team is trying to keep Smith in the fold for a 13th season.

Brock Purdy Avoids Tommy John Surgery

March 10th, 2023 at 11:33am CST by Sam Robinson

Brock Purdy underwent successful UCL surgery Friday. The 49ers quarterback had indicated a mid-operation course change that pivoted to a more invasive procedure could take place, but Mike Garafolo of NFL.com notes (via Twitter) that did not happen.

The elbow surgery went according to plan; Dr. Keith Meister performed an internal brace procedure — one that will allow for a quicker recovery. This will keep Purdy on track for a return by Week 1.

This operation proceeding as planned should allow Purdy to resume throwing in around three months, Garafolo adds. This would put the seventh-round sensation on schedule to ramp up his work at training camp. Full clearance is expected to come after approximately six months, which would run up against Week 1.

Friday’s successful surgery will give the Iowa State product a better chance of being ready to go by that point. Purdy undergoing Tommy John surgery, an elbow reconstruction procedure, would not have sidelined him for as long as it typically does pitchers. But it would have threatened his availability for much of next season.

The first-quarter play that injured Purdy’s elbow effectively ended the 49ers’ season a bit early, halting the rookie quarterback from making an impact the rest of the way in the NFC championship game. Purdy returned to action following a Josh Johnson concussion, but he was under strict limitations that led to the 49ers’ offense essentially playing out the string. But the form Purdy showed prior to his injury will make him a key factor for the team in 2023.

Although Trey Lance is expected to be ready for OTAs, the former No. 3 overall pick may still be staring at a backup gig. Had Purdy not gone down, he was expected to remain San Francisco’s starter. This elbow issue may throw a wrench in that, and John Lynch said the 49ers may need to add a veteran quarterback — likely a backup-type option given the current makeup of the team’s QB room — to join Lance and Purdy. Should Purdy make it back before the season, he should still have a good chance of returning as the starter.

Eagles To Re-Sign DE Brandon Graham

March 10th, 2023 at 10:56am CST by Sam Robinson

One of the Eagles’ many free agents has agreed to a deal that will allow him to stay with the team. The longest-tenured Eagle, Brandon Graham is coming back on a one-year agreement, Tim McManus of ESPN.com reports.

Graham is staying in Philly on a deal that could be worth up to $6MM. This will be the veteran defensive end’s 14th season with the team, putting him in rare company. Only Chuck Bednarik has previously played that many seasons with the franchise.

If Graham plays 11 games next season, he will have suited up for more contests than anyone in Eagles history. Though, Jason Kelce coming back would ignite a race to this honor; the acclaimed center is just two games behind Graham (178-176) in Eagles annals. Both are already in the top five in games played with the franchise.

With Graham going into his age-35 season, a lucrative free agency deal was unlikely to come to pass. That said, the former first-round pick was generating interest ahead of a potential trip to the market. Graham is coming off a career-best 11 sacks, helping the Eagles threaten the 1984 Bears’ single-season sack record. That was Graham’s first double-digit sack season; the rotational rusher will aim to tack on a second such campaign in 2023.

“I definitely don’t want to miss out on this championship that we’re about to make a run for,” Graham said, via McManus. “I pretty much directed [my agent] Joel [Segal] just to get a deal done before free agency so I wouldn’t have to go through that part. I’m just so happy everything came to fruition.

“It wasn’t even about no money. It was more about wanting to be an Eagle as long as I could still play at a high level, and of course I still have a sour taste in my mouth on how things ended this last year.”

The Eagles entered the offseason with three of their trench stalwarts — Graham, Kelce and Fletcher Cox — uncertain to be back. Kelce has not committed to playing a 13th season, and Cox is days away from free agency. Javon Hargrave is also on track to score a big payday next week. Graham will, however, rejoin a pass rush that still houses Haason Reddick and Josh Sweat. Derek Barnett is also under contract for 2023.

Graham said last year his goal was to reach the 15-season plateau, which would surpass Bednarik’s franchise mark. (David Akers holds the team’s games-played mark, at 188.) While the legendary two-way player’s place in Eagles lore is practically unrivaled, Graham is responsible for one of the Eagles’ signature plays. His strip of Tom Brady late in Super Bowl LII led to the Eagles’ first championship since their Bednarik-led 1960 title. Graham has remained a quality rusher in the years since that momentous sequence, and this agreement will supply depth for the defending NFC champs at the very least.

Friday’s agreement does represent a notable pay reduction for Graham, who previously played out a two-year deal worth $18.5MM. It could certainly help the Eagles retain some of their free agents. T.J. Edwards wants to stay with the team, which also aims to bring back C.J. Gardner-Johnson. While some of the Eagles’ UFAs-to-be are likely leaving — most notably Hargrave and James Bradberry — others could be brought back. Graham’s agreement would also leave some money on the table for Kelce to return.

For his career, Graham has 70 sacks and 21 forced fumbles. The sack number sits fourth in Eagles history. The starter/rotational performer sits six behind Clyde Simmons for third on that list.

Eagles To Allow Darius Slay To Seek Trade

March 10th, 2023 at 10:52am CST by Sam Robinson

10:52am: Slay and the Eagles had been discussing a new contract, according to Jeff Howe of The Athletic (on Twitter). Those discussions not progressing led to the team permitting Slay to find a new home. With Slay having not requested a move, a resolution could still take place. But the chance Slay leaves Philadelphia after three seasons should be considered reasonable.

9:12am: The Eagles have three secondary starters days away from free agency. One of the two expected to return now does not appear a lock to be part of the team’s 2023 roster.

Darius Slay recently received permission to seek a trade, Dianna Russini of ESPN.com tweets. The Eagles want to find a solution to keep Slay in town, Russini adds, but the standout cornerback will have a chance to be traded for a second time. The Eagles initially acquired Slay via trade from the Lions back in 2020.

It should be expected Slay is moved, Jeff McLane of the Philadelphia Inquirer tweets. Slay did not ask to be traded, according to McLane, who adds the Eagles have likely approached the veteran cover man about a pay cut (Twitter links). Slay said recently he wanted an extension, but it is unclear if the team is willing to give him a second contract at this stage of his career.

One year remains on Slay’s Eagles extension, a three-year pact worth $50MM. The Eagles gave Slay that deal upon acquiring him. Slay, 32, has provided a tremendous boost to the NFC East team’s secondary, remaining one of the league’s best corners into his early 30s. The Eagles, however, have the 11th-year veteran on a high 2023 base salary ($17MM). In order to keep Slay, the team would almost certainly need to lower his cap number from its current $26.1MM place. Slay’s contract number reached this place as a result of restructures in 2021 and 2022. No guaranteed money remains on the deal.

A trade before June 1 would not make much financial sense for Philly. The team would be hit with $22MM-plus in dead money by moving Slay elsewhere before that pivotal date. A deal after June 1 would create $17.5MM in cap space — though, the team could not use any of the new funds until June.

The Eagles have been linked to hiring Matt Patricia as their linebackers coach. Slay and Patricia notoriously did not get along in Detroit. It would be incredibly odd to see a team prioritize a position coach over a productive player, so it should not be assumed that is a factor here. Patricia has not yet been hired, and the financial component will be the driver of a separation — if it ends up taking place.

The Eagles have James Bradberry, C.J. Gardner-Johnson and Marcus Epps unsigned for 2023. They have identified Gardner-Johnson as a player they want to keep. Howie Roseman‘s team is frequently making splashy acquisitions and sweeping roster changes. The Eagles’ defense may look quite different in 2023, with the likes of Fletcher Cox, Javon Hargrave, Brandon Graham, Kyzir White and T.J. Edwards set to hit the market as well.

Titans To Release C Ben Jones

March 10th, 2023 at 10:22am CST by Sam Robinson

The Titans are moving on from another of their starting offensive linemen. Not long after cutting Taylor Lewan, Tennessee is releasing veteran center Ben Jones, Buck Reising of AtoZsports.com reports.

Jones has been with the Titans for the past seven seasons. He joined Lewan and Nate Davis in ending the season on IR. Each player is now off the Titans’ roster or could be soon, with Davis set for free agency Wednesday. The trio had been with the Titans for a combined 20 seasons.

This news comes after Jones put retirement on the table earlier this offseason. Prior to missing five games last season, the 11-year veteran had been an iron man for the organization. Jones missed just one game in his first six Titans slates, becoming a central part of Derrick Henry‘s two rushing titles and the Titans’ Mike Vrabel-era resurgence. Jones’ 108 starts at center are the most in Titans history.

Jones, 33, signed a third contract with the Titans in 2022, agreeing to terms on a two-year, $14MM deal. The Titans will save $3.7MM by moving Jones off the roster. Jones’ release follows a collection of cuts by new GM Ran Carthon, who said goodbye to Lewan, Robert Woods, Zach Cunningham and Randy Bullock over the past two weeks.

As the Titans made three journeys to the playoffs from 2019-21, Pro Football Focus rated Jones as a top-10 center in each campaign. Jones and Davis were there for almost all of Henry’s performances during his 2019 and 2020 rushing crowns, with Lewan beginning to battle injuries during this span. Both Jones and Davis helped Tennessee to the AFC’s No. 1 seed in 2021. Last season, PFF rated Jones as the league’s No. 9 center, though he suffered two concussions during the campaign. The nature of these absences point to uncertainty about his going through with a 12th NFL season.

Tennessee initially brought in Jones during Jon Robinson‘s first offseason as GM (2016). That four-year, $17.5MM agreement ended up being one of the best moves in Titans free agency history, with Jones becoming a set-it-and-forget-it blocker with his second NFL franchise. The Texans initially drafted Jones in the fourth round out of Georgia back in 2012.

As far as centers go, this free agency market houses a few starters. Connor McGovern, Bradley Bozeman, Garrett Bradbury, Ethan Pocic and Jake Brendel are set to hit the market soon. The Titans will have some options in replacing Jones, with Carthon having ties to Brandel due to their time with the 49ers. Teams can begin speaking with these snappers once the legal tampering period begins Monday afternoon. Jones, however, has a slight head-start due to this release. Being considered a street free agent, Jones can sign with another team immediately.

Saints Give Jameis Winston Option To Stay

March 10th, 2023 at 10:00am CST by Sam Robinson

When the Saints signed Derek Carr earlier this week, it pointed to the highest-paid passer on last year’s team being moved off the roster. But Jameis Winston is not finished in New Orleans yet.

The team gave Winston the option of staying on a reworked contract, Dianna Russini of ESPN.com tweets. The demoted quarterback has until Wednesday — the start of the 2023 league year — to accept the team’s revised proposal or be cut.

It is likely the Saints offered a pay cut, with Winston set to make $12.8MM in base salary. The Saints would save $4.4MM by releasing Winston but could create $12.8MM in space by designating him as a post-June 1 cut. Though, the latter move would not create those savings until that June date.

Winston is under contract through 2023, via the two-year, $28MM deal he signed in 2022. But the former No. 1 overall pick will not have a chance to compete for a starting job in New Orleans. Winston was upset he lost his starting job to Andy Dalton after an injury, Katherine Terrell of ESPN.com tweets. Dalton started the final 14 Saints games. Winston opened the season as the team’s starter, but ankle and back issues re-routed his path in Louisiana.

Accepting the Saints’ offer would signal Winston does not believe he would do better on the open market. Were Winston to pass and be released, he would be hitting free agency after a disappointing season and join a crowded market of bridge-type starters. Dalton also stands to be part of that contingent, which includes the likes of Jacoby Brissett, Teddy Bridgewater, Carson Wentz, Marcus Mariota, Baker Mayfield, Sam Darnold, Mike White and Gardner Minshew. It would not appear Winston would be especially successful in free agency, given this collection of passers being available at likely low rates.

Winston, 29, was struggling at the season’s outset and suffered a torn ACL in 2021. Knee pain lingered into the 2022 season, Winston said recently. The former Buccaneers starter did begin the 2021 season with a 14-3 touchdown pass-to-interception ratio, doing so on a team with one of the worst receiving groups in the league. Sean Payton departed after the 2021 season, however, changing the equation in New Orleans.

Teams stand to be interested in Winston (80 career starts) as a backup or as a bridge starter. The Broncos could be one of them, as Payton inherited Russell Wilson following a stunningly mediocre season. Winston serving as a backup/insurance against Wilson not returning to form in Denver would make sense. It should not be assumed Winston will be back with the Saints. The answer will be known soon.

Restructure Details: Armstead, Dolphins, Hill, Chubb, Chargers, WRs, Ravens, Pierce, Panthers, Moton, Jets, Cardinals, Eagles, Vikings

March 10th, 2023 at 9:08am CST by Sam Robinson

Teams have until 3pm CT Wednesday — the start of the 2023 league year — to move under the $224.8MM salary cap. With the legal tampering period beginning at 3pm Monday, teams are working to create cap space for free agency pursuits. Here are the latest maneuvers teams have made on that front:

  • The Dolphins have created more than $43MM in cap space over the past two days, being the runaway leaders on this front this week. They agreed to restructures with Bradley Chubb and Terron Armstead to free up $25MM-plus, per ESPN.com’s Field Yates (Twitter links), but they are also using Tyreek Hill‘s receiver-record contract to create room. Miami created $18MM in space by restructuring Hill’s $30MM-AAV deal, Adam Schefter of ESPN.com tweets. Hill was due a $16MM roster bonus; that and most of his 2023 base salary have been shifted into a signing bonus. Chubb’s base salary is now down to $1.1MM in 2023.
  • Rather than trade Keenan Allen to carve out cap space, Chargers GM Tom Telesco firmly opted against that strategy. The Bolts are keeping Allen, and both he and Mike Williams‘ 2024 cap numbers will balloon. The team freed up $14MM-plus in 2023 cap space by restructuring both their $20MM-per-year wide receiver deals, per Yates. While new funds are available for 2023, Williams and Allen are now tied to $32.5MM and $34.7MM cap numbers in 2024 (Twitter links). Neither should be expected to play on those numbers, which will undoubtedly lead to more maneuvers down the road.
  • The Panthers freed up more than $11MM in cap room by restructuring Taylor Moton‘s deal, Joe Person of The Athletic tweets. This marks the second straight year Carolina has adjusted Moton’s contract. A Xavier Woods tweak also added $1.5MM to Carolina’s cap space, Tom Pelissero of NFL.com tweets.
  • Michael Pierce accepted a $2MM pay cut to remain with the Ravens, Pelissero tweets. The move added $2.7MM in funds, Yates tweets. Pierce, who returned to the Ravens in 2022, can earn the money back via incentives. Pierce missed most of last season due to a biceps tear.
  • Pierce’s former team, the Vikings, took the same path with Ross Blacklock. The 2022 trade acquisition accepted a near-$700K slash which he can earn back via incentives, Pelissero adds (on Twitter).
  • D.J. Humphries missed much of the 2022 season, and while the Cardinals have a new regime in place, they are not moving their veteran left tackle. They will use Humphries’ 2022 extension to free up funds, with Pelissero noting (via Twitter) the Cards created $5.3MM in cap space with this restructure. Arizona has moved past $32MM in cap space. More could be coming via a DeAndre Hopkins trade as well.
  • C.J. Uzomah‘s three-year Jets deal became a vehicle for the team to carve out some room. The team freed up $3.6MM in cap space with a recent restructure for the veteran tight end, Pelissero tweets.
  • The Eagles also went to the restructure well Friday, with Yates noting (via Twitter) they are creating $2.5MM in space by adjusting Jake Elliott‘s deal.

Vikings To Release WR Adam Thielen

March 10th, 2023 at 8:53am CST by Sam Robinson

MARCH 10: The Vikings are moving forward with this transaction. They will cut Thielen, Kevin Seifert of ESPN.com tweets. Rather than adjust his contract, the 10-year veteran will take his chances on the market. It is not known yet if the Vikings are using the post-June 1 designation.

MARCH 9: Adam Thielen has been with the Vikings since catching on as a tryout body during the 2013 offseason, but the Minnesota native’s time with the team may be nearly up. The Vikings are considering a Thielen release, Adam Schefter of ESPN.com tweets.

The 10-year Viking has been in talks with the team about a restructure this offseason, and Schefter notes more discussions are on tap. But a release is a real possibility here. The Vikings could save more than $13MM in cap space by designating Thielen a post-June 1 cut. A standard release would leave the team with $13MM-plus in dead money while only creating $6.4MM in cap space. The Vikings are $15MM over the cap as of Thursday morning.

This would be an interesting development for Thielen, who would be landing in a mediocre wide receiver market were he to be released. Justin Jefferson‘s rapid rise has overshadowed the longtime Viking cog, but Thielen still totaled 70 receptions for 716 yards and six touchdowns last season. Thielen has remained a go-to player in the red zone for Kirk Cousins, having caught 30 touchdown passes since Jefferson’s 2020 arrival.

The Division II product is, however, on the back nine of his career. Thielen will turn 33 in August. He has said he wants to finish his career with his home-state team, but if that proves impossible, a role elsewhere as a complementary target would seemingly be available to him.

Thielen has signed two extensions with the Vikings. His most recent deal — a three-year, $44.7MM re-up — runs through the 2024 season. That contract calls for Thielen to carry the second-largest cap hit on the Vikes’ 2023 payroll ($19.97MM); a March 2022 restructure inflated Thielen’s 2023 cap figure.

The Vikings are preparing for a Jefferson extension. Although the team can table that landmark deal until 2024, as Jefferson can be kept on his rookie deal for two more seasons thanks to the soon-to-be-exercised fifth-year option, GM Kwesi Adofo-Mensah has openly discussed this extension. Preliminary talks have taken place. The Vikings also have found another solid Jefferson complementary piece in K.J. Osborn, who has reached the 650-yard plateau in each of the past two seasons despite Thielen’s presence as the team’s No. 2 wideout.

With the Vikings before even Stefon Diggs‘ arrival, Thielen has 55 career TD catches — third in team history behind Cris Carter and Randy Moss. Thielen’s 6,682 receiving yards trail only Cris Carter, Moss and Anthony Carter in Vikings annals. Thielen’s 14 TD grabs in 2020 were the most by a Viking since Moss’ franchise-record 17 in 2003.

Jets To Acquire S Chuck Clark From Ravens

March 9th, 2023 at 9:10pm CST by Sam Robinson

As the Jets remain connected to a potential Aaron Rodgers blockbuster, the team is making another trade. The Jets are acquiring safety Chuck Clark from the Ravens, Ian Rapoport of NFL.com tweets.

The Ravens will collect a 2024 seventh-round pick for Clark, per Adam Schefter of ESPN.com (on Twitter). Clark had loomed as a Baltimore departure candidate since the first-round selection of Kyle Hamilton last year, and he will have a fresh start in New York. The trade cannot become official until Wednesday, when the 2023 league year begins.

Trade buzz followed Clark immediately after the Ravens drafted Hamilton, as that move came not long after Marcus Williams‘ $14MM-per-year Baltimore pact. The Ravens will move forward with a Williams-Hamilton safety tandem, while the Jets will add a veteran starter for low-end trade compensation. The deal will save the Ravens $3.64MM in cap space; the team, which now has a $32.4MM Lamar Jackson franchise tag on the books, remains more than $8MM over the cap.

Clark said in January he wanted to stay with the Ravens, but he did request a trade during the 2022 offseason. The 27-year-old defender has been a primary Ravens starter for the past four seasons, remaining with the team as it cycled through veteran safeties alongside him. A 2017 Ravens draft choice, Clark arrived in Maryland after current Jets GM Joe Douglas had left the organization. But after talks with former coworker Eric DeCosta produced a deal, the ex-Ravens exec will have an experienced safety on his roster at a low rate. Clark is due just $2.5MM in base salary; his contract runs through the 2023 season.

A sixth-round pick, Clark worked his way up to starter status and stuck around in that role as the likes of Eric Weddle, Tony Jefferson, Earl Thomas, Williams and Hamilton came through town. Clark has made 63 career starts. The Ravens used all three of their safeties frequently in 2022, though a Williams injury prevented the team from doing so for a chunk of the season. Clark finished the year with a career-high 101 tackles, along with a forced fumble.

The Ravens used Clark in a variety of roles, lining him up in the slot on 128 snaps last season (h/t ESPN’s Field Yates) while using him sporadically as a boundary cornerback and an edge defender. Pro Football Focus rated the Virginia Tech product as a middle-of-the-pack safety (46th overall) but viewed him as one of the best run-support players at the position.

Jordan Whitehead remains under contract with the Jets, but 2022 starter Lamarcus Joyner is set to hit free agency next week. Clark’s arrival could point Joyner out of town. As for the Ravens, they are covered at safety. PFF rated Hamilton as the top safety in the league last season. Williams is under contract through 2026, while Hamilton can be kept on his rookie deal through that point due to the fifth-year option.

Minor NFL Transactions: 3/9/23

March 9th, 2023 at 8:45pm CST by Adam La Rose

Today’s minor moves around the league:

Cincinnati Bengals

Houston Texans

Las Vegas Raiders

Miami Dolphins

New England Patriots

Philadelphia Eagles

Stewart was a mainstay on the Texans’ special teams units in 2022, his debut season in Houston. His play has earned him a two-year, $6MM deal with a maximum value of $7.5MM, per Aaron Wilson of KPRC2 (Twitter link). The 27-year-old made 41 tackles (the second-highest total of his career) in 2022, adding a pair of fumble recoveries.

Pouncey signed a one-day contract to officially retire as a member of the Dolphins, the team which drafted him in 2011. The 33-year-old is two years removed from his joint retirement with brother Maurkice. Pouncey earned three of his Pro Bowl nods during his seven-year stint in Miami, before spending a pair of seasons with the Chargers. The former first rounder reflected on the controversy surrounding his career, via ESPN’s Marcel Louis-Jacques.

“If I thought how I think now, I’d still be with the Dolphins,” he said. “I look back at it like… if I was just a little bit more mature when I was playing… I have no regret of what I did here. Very proud of my career that I had here. Now, I just try to be looked at in a different light.”

Ferentz’s new deal has a value of $1.215MM, and includes $200K in guarantees, per Wilson (on Twitter). Another $30K in incentives are in place, though the 33-year-old will only account for $1.02MM on the cap by qualifying for the veteran salary benefit. Ferentz has been in New England for the past five years, starting nine games amongst his 39 appearances.

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