Ten Unsigned 2024 Draft Picks Remain

The NFL collectively is ahead of where it was last year with regards to draft signings. Teams have navigated the guarantee issue second-round contracts presented in recent years. Unlike 2023, when 30 players were unsigned in late June and nearly half the second round was without contracts entering July, we are down to 10 unsigned rookies from the 2024 class. Here is the lot still without NFL contracts:

Round 1:

• No. 1 (Bears): Caleb Williams (QB, USC)
• No. 8 (Falcons): Michael Penix Jr (QB, Washington)
• No. 9 (Bears): Rome Odunze (WR, Washington)
• No 10 (Vikings): J.J. McCarthy (QB, Michigan)
• No. 17 (Vikings): Dallas Turner (EDGE, Alabama)
• No. 18 (Bengals): Amarius Mims (T, Georgia)
• No. 31 (49ers): Ricky Pearsall (WR, Florida)

Round 2:

• No. 34 (Chargers): Ladd McConkey (WR, Georgia)

Round 3:

• No. 65 (Jets): Malachi Corley (WR, Western Kentucky)
• No. 66 (Cardinals): Trey Benson, RB (Florida State)

The clearest difference between this year and last comes from the second round. On June 17, 2023, half the second-rounders were unsigned. The 2011 CBA introducing the slot system has removed most of the drama from rookie-deal negotiations, but second-rounders continue to make guarantee gains. This contractual component has complicated matters for teams in the past, but that has not been the case — for the most part — this year.

A number of 2021 second-round picks remain attached to their rookie deals. Those terms illustrate the improvements Round 2 draftees have made on that front since. The Jaguars did guarantee 2021 No. 33 pick Tyson Campbell‘s first three seasons; his fourth brought $50K guaranteed. This year, the Bills needed to guarantee nearly Keon Coleman‘s entire rookie contract. Coleman has three years locked in and $1.74MM of his $2.1MM 2027 base salary is guaranteed at signing. This year’s No. 59 overall pick (Texans tackle Blake Fisher) secured more in Year 4 guarantees than Campbell’s deal contains.

A sizable gap does exist between Coleman’s final-year guarantees and those of Falcons DT Ruke Orhorhoro (No. 35 overall). The Clemson product has $966K of his $2.1MM 2024 base guaranteed. This gulf has likely caused the holdup for the Chargers and McConkey, a player who — after the exits of longtime starters Keenan Allen and Mike Williams — stands to be a central figure in the Bolts’ first Jim Harbaugh-era offense. With the top players in Round 2 on the cusp of seeing fully guaranteed deals, McConkey can set another notable precedent while gaining some additional security for himself.

First-round contracts have only been fully guaranteed en masse since 2022, when Vikings safety Lewis Cine — chosen 32nd overall — secured those terms. Though, matters like offset language still have been known to slow negotiations. Extended holdouts into training camp no longer occur among rookies, with players risking the loss of an accrued season toward free agency — a product of the 2020 CBA — by doing so. Corley and Benson were this year’s top third-round picks. The 49ers gave No. 64 overall pick Renardo Green two fully guaranteed years. That has likely caused a holdup for the Jets and Cardinals, considering the progress made via contracts agreed to by earlier draftees.