Extension Candidate: Evan Engram

The least discussed of the four negotiations involving franchise-tagged players, Evan Engram‘s Jaguars situation still offers intrigue. The Jags have until July 17 to strike a deal with their starting tight end, or he will play a second straight season on a one-year contract — this one worth $11.35MM.

Jacksonville initially signed the former first-round pick on a higher-end “prove it” pact, giving the ex-Giant a one-year deal worth $9MM. After a rocky New York tenure, Engram showed value in Jacksonville by setting a Jags single-season tight end record with 766 receiving yards. Considering how difficult it has been for this franchise to find tight end production in recent years, Engram has a case to command a deal near the top tier at his position.

On the whole, the tight end position is undervalued. Travis Kelce has been the constant receiving presence during the Chiefs’ Patrick Mahomes era, and the future Hall of Famer helped power the team to another Super Bowl despite the trade of Tyreek Hill. George Kittle may be the league’s most complete tight end, and he has been vital to the Kyle Shanahan-era 49ers’ offensive success both aerially and on the ground. Neither star earns more than $15MM per year. Darren Waller‘s $17MM-per-year contract tops the tight end market, further complicating matters due to the new Giant’s recent injury trouble. Sixteen wideouts earn more than every tight end, contrasting one pass-catching position’s booming market and another’s stagnancy.

The tight end market being out of step with the position’s value may affect current and future negotiations, as Engram is coming off a better year compared to Waller. The Ole Miss alum teamed with fellow Jaguar newcomers Christian Kirk and Zay Jones to form a productive arsenal around the ascending Trevor Lawrence. In addition to his regular-season numbers, Engram totaled 12 catches for 124 yards and a touchdown in the playoffs.

The Jags chose an Engram tag over cuffing right tackle Jawaan Taylor, who made his way to the Chiefs on a $20MM-per-year accord. Engram’s tag cost the Jags barely $11MM. That amount becomes fully guaranteed once Engram signs his franchise tender; he joins Saquon Barkley and Josh Jacobs in not yet doing so.

Both Dawson Knox and David Njoku signed for at least $13MM last year. Given Engram’s first-year production in Jacksonville, it should be expected he is targeting a deal north of those authorized by the Bills and Browns. Considering Dallas Goedert and Mark Andrews are signed to $14.25MM- and $14MM-AAV contracts, it would seem Engram and the Jags could find common ground. A 2024 Engram tag would be worth $13.62MM, but neither Knox nor Njoku secured $20MM guaranteed. The second tag price is assuredly a major factor for Engram; only three veteran tight ends (Andrews, Kittle, Hunter Henry) commanded guarantees of at least $25MM.

Njoku benefited by signing a long-term deal weeks after being tagged, while fellow tag recipients Dalton Schultz and Mike Gesicki endured down seasons. This led to disappointing 2023 paydays. Engram will need to consider this as well, though he has both made more cash than the ex-Cowboys and Dolphins tight ends — due to his first-round contract and 2022 Jaguars deal — and holds a clear role in Doug Pederson‘s offense. Lawrence’s climb also stands to benefit his top tight end.

Engram has said he wants to stay in Jacksonville, while GM Trent Baalke expressed optimism for a long-term agreement as well. But the sides were not believed to be especially close on terms weeks after the tag emerged. Engram being set for his age-29 season also complicates contract talks, but a three- or four-year deal should still cover prime years for the veteran. The Jags whiffed on a big-ticket Julius Thomas signing in 2015 and were unable to generate much from their tight end spot between then and the Engram contract. The Jags did, however, let left tackle Cam Robinson play on the tag in 2021. And Engram’s age and inconsistent past are likely factors the team is considering while determining if an extension or a second rental year will transpire.

Last year provided a notable uptick for the 6-foot-3 pass catcher, who saw injuries and inconsistency plague him in New York. After a 722-yard rookie season, Engram picked up a Pro Bowl nod with a 654-yard 2020 slate. Engram was not particularly reliable during the other three years of his rookie deal. After a 2021 season in which the Giants bottomed out following a Daniel Jones neck injury, Big Blue’s new regime let the Jerry Reese-era draftee walk.

Lawrence will be tied to a rookie contract in 2023, but the former No. 1 overall pick becomes extension-eligible in January. The Jags also added Calvin Ridley‘s fifth-year option salary ($11.12MM) to their payroll. Extending Engram would give the team more 2023 cap room, but with neither he nor Ridley signed beyond 2023, big-picture decisions loom. Kirk’s $18MM-per-year deal runs through 2025; Jones’ $8MM-AAV accord goes through 2024. With this being the rare pass-catching corps without a rookie contract in the starting mix, how the Jaguars proceed with this position group will be worth following.

Potential complications here pale in comparison to what is happening leaguewide at running back. While that issue clouds the talks with the three tagged backs — Barkley, Jacobs, Tony Pollard — Engram should have a clearer path to securing an extension by next month’s deadline.