Some notable developments concerning both on- and off-the-field matters took place over the past week. In case you missed anything, here’s a quick breakdown of the top headlines:
- Cardinals Release Hopkins: DeAndre Hopkins was the subject of plenty of speculation this offseason, with many expecting a trade sending him out of Arizona. Instead, the Cardinals have cut the All-Pro wideout, leaving him free to join a new team on the open market. No trade could be worked out for the 30-year-old, whose contract was a sticking point in negotiations. By deciding not to designate Hopkins a post-June 1 release, the Cardinals will absorb just over $21MM in dead money next season, one in which the rebuilding team’s expectations will be very low. By doing so, however, Hopkins’ contract will come off the books entirely in 2024. The five-time Pro Bowler has been open about disclosing which teams he would prefer to join, but a number of suitors should be involved in his pursuit as contenders look to boost their passing attack late in free agency.
- Chargers, Ekeler Agree To Reworked Deal: For much of the offseason, the future of Chargers running back Austin Ekeler in 2023 and beyond was in doubt. He will remain in Los Angeles for at least one more year, though, after adjusting his contract to include new performance incentives. The 28-year-old has been seeking a new deal placing him higher in the league’s RB pecking order; the inability of he and the Chargers to agree to an extension resulted in a trade request at the start of free agency. No market emerged, though, making it little surprise that he will play out the final year of his pact with the Chargers. Another highly productive two-way campaign could earn Ekeler over $1MM in new money, and help boost his stock ahead of free agency.
- Goodell Nearing Another Extension: Much of the attention with respect to contracts is paid to players, coaches and front office personnel during this time of year, of course, but the NFL itself will have stability at the top for years to come. Commissioner Roger Goodell is in line to sign another extension, which will continue his tenure at the helm of the league through 2027. Goodell will have been in his position for more than 20 years by the end of that deal, making him the league’s second-longest tenured commissioner. Controversies of many kinds have littered his time in charge, but the league’s financial growth on his watch has been substantial and appears poised to continue during the current CBA. The extension will likely not be officially approved until later this offseason, but it considered a done deal at this point by the owners, who are content to maintain the status quo once again.
- Brady To Become Minority Raiders Owner: The post-playing future for Tom Brady is set to begin in the broadcast booth in 2024, but he could have a new title by that point. The now twice-retired quarterback has an agreement in place buy a stake in the Raiders. The 45-year-old has been linked to joining Vegas as a player at various times, but now he is set to occupy a front office role alongside owner Mark Davis. The pair already have a working relationship given their shared ownership of the WNBA’s Las Vegas Aces, and now Brady will join an organization filled with connections to his Patriots past. Questions will be raised about a return to the playing field, along with concerns over a potential conflict of interest once his FOX broadcasting endeavor begins, but league approval of Brady’s latest move appears set to take place in the near future.
- Steelers Begin Highsmith Extension Talks: The Steelers already have one star pass rusher in T.J. Watt, but his running mate, Alex Highsmith, is due for a lucrative deal of his own. The latter is now in talks for a Pittsburgh extension ahead of the final year of his rookie contract, one which has provided the team with tremendous value given his production. The 25-year-old has set a new personal mark in sacks with each passing season, recording 14.5 last season (many of which came with Watt sidelined). Highsmith should be in line for a considerable raise, though it could become challenging for the Steelers to afford him given the league-leading $28MM AAV of Watt’s contract. Pittsburgh has remained adamant that Highsmith is part of their long-term plans, and the team has a history of working out big-money deals with impact players ahead of their walk years. A continuation of that trend would give them one of the league’s top edge rushing duos for years to come.