3:07pm: The Eagles will give Blankenship $3.94MM fully guaranteed over the next two years, NFL.com’s Mike Garafolo tweets. Another $1.38MM is available in Pro Bowl- and playing time-based incentives. The third-year safety would receive $375K by playing 70% of the Eagles’ defensive snaps, which he did last year. That number would spike to $875K if Blankenship reaches the 90% rate; he fell short of that in 2023. The Pro Bowl component would bring a $500K bonus.
2:14pm: Reed Blankenship spent last season as a full-time safety starter for the Eagles. The team is making a move that will keep the former UDFA under contract beyond the 2024 season.
Blankenship’s rookie deal runs through 2024; he entered Monday eligible for restricted free agency next year. The Eagles reached a deal that will bypass the RFA process; the new contract runs through 2025. This will keep Blankenship signed until he is eligible for unrestricted free agency in 2026.
While the Eagles ran into considerable trouble on defense last season, Blankenship was a bright spot. He intercepted three passes, made 113 tackles (18 more than any other Eagle last season) and added 11 pass breakups. The Middle Tennessee State product finished the season ranked as Pro Football Focus’ No. 19 safety.
The Eagles saw Blankenship, a 2022 post-draft signee, become a locked-in starter after they let Super Bowl LVII regulars C.J. Gardner-Johnson and Marcus Epps walk in free agency. Despite Philly signing Terrell Edmunds and drafting Sydney Brown in Round 3, Blankenship remained a regular whom Kevin Byard joined upon being acquired before the trade deadline.
The Eagles have made some changes at safety once again. Brown went down with an ACL tear in January, and the team released Byard despite trading two draft picks for him in October. Philly turned back to Gardner-Johnson this year, giving the brash DB a three-year, $27MM deal that includes $10MM guaranteed at signing. Brown may well begin next season on the reserve/PUP list.
Blankenship, 25, was set to make $985K in base salary this season. While the Eagles’ 2022 draftees are not extension-eligible, Blankenship is due to his UDFA status. Considering this move merely shifts his RFA year — one that would have required a tender for retention — into a contract campaign, it would surprise if this was a substantial raise. But it will prevent Philly from needing to consider a second-round RFA tender in 2025. That number ballooned to $4.89MM this year, making it likely it would cost more than $5MM to use in ’25.
Not bad for a UFA