Month: September 2024

Offseason In Review: Indianapolis Colts

The Colts nearly turned a seemingly lost season into a playoff berth, falling just short of an AFC South title despite Gardner Minshew needing to replace Anthony Richardson early. Indianapolis responded to its 9-8 showing by displaying tremendous confidence in Chris Ballard‘s homegrown core, one that has largely been around as the team has cycled through post-Andrew Luck quarterback options. A spree of extensions and re-signings defined Indy’s offseason; well, that and Richardson’s rehab effort.

While last season marked a surprise surge, it also still brought few answers on the gamble the team took at No. 4 overall. Richardson entered the NFL as a raw prospect with tantalizing tools; his run of injuries last year brought obvious concerns. More importantly, the Florida product threw 84 passes after a 393-pass Gators career. The Colts need the dual-threat QB to show signs he will be the long-awaited post-Luck long-term QB. Some of Luck’s teammates are still in the picture in Indy, illustrating how far back Ballard’s core goes. The team continued its build-from-within strategy this offseason.

Extensions and restructures:

As injuries caught up with T.Y. Hilton, Pittman quickly became the Colts’ lead wideout. The 2020 second-rounder had operated as such for most of his career, and while the Colts resolved the Jonathan Taylor matter before taking care of Pittman, the franchise tag made a rare appearance in Indianapolis to ensure the two-time 1,000-yard receiver could not test the market. Using the tag for the first time since cuffing Pat McAfee in 2013, the Colts slapped a $21.8MM tender on Pittman. Unlike the Bengals, who are renting Tee Higgins for at least one more season, Pittman — chosen one spot after Higgins in the 2020 second round — signed an extension just before the legal tampering period opened.

Pittman’s extension moved the $21.8MM number off the Colts’ books, freeing them up to execute a retention-heavy free agency strategy. The Colts also did well, as it turned out, by not letting negotiations drag near the July 15 deadline.

Indy extending Pittman on March 11 came just before Calvin Ridley scored a four-year, $92MM deal ($46.98MM fully guaranteed) and weeks before Amon-Ra St. Brown‘s extension confirmed another market boom was coming. Pittman, 26, was not a candidate to rival A.J. Brown and Justin Jefferson‘s $32MM- and $35MM-per-year extensions, but the fifth-year Colt would have benefited by the WR ceiling rising had those transactions occurred before his.

The Colts convincing Pittman, shortly after news of the cap’s $30.6MM spike emerged, to do a deal south of where 2022 extension recipients Deebo Samuel and D.K. Metcalf reside proved a win for the team. Following the St. Brown and Jefferson pacts, along with Nico Collins‘ $24MM-per-year deal, Pittman sits as the NFL’s 14th-highest-paid wideout. CeeDee Lamb and Brandon Aiyuk figure to affect that placement soon, but via the short-term extension, Pittman should have a chance at another big payday in his late 20s.

Richardson’s injury probably helped Pittman contractually. The raw rookie likely would not have been able to set up Pittman for the season he had — 109 catches, 1,152 yards — but Minshew peppered the 6-foot-4 weapon with targets to help the Colts’ surprising run to the postseason precipice. The Colts strengthened their receiving corps in the draft, but Richardson will be looking Pittman’s way first as the team enters its second season under Shane Steichen.

After Indianapolis’ binge of agreements with homegrown talent, Ballard extended the D-line centerpiece he acquired via trade four years ago. Obtained for a 2020 first-round pick, Buckner has remained one of the NFL’s best defensive tackles. While the 49ers cut Arik Armstead four years after choosing his slightly cheaper extension over a Buckner re-up back in 2020, the latter is still going strong in Indiana.

Buckner, 30, scored a deal that comes nearly fully guaranteed. He moved from $21MM per year to $23MM on average, and while his current AAV sits seventh among DTs, the former top-10 pick traded a push for a top-market salary for security. Buckner’s 2024 and ’25 base salaries are fully guaranteed, and the Colts have the Oregon alum on the books through his age-32 season.

A two-time Pro Bowler as a Colt — in addition to receiving a 2020 first-team All-Pro nod — Buckner has missed one game since being traded. The Colts will hope to continue to rely on a player who has anchored their D-line during a period of edge rusher uncertainty. Buckner’s presence boosted the development of Kwity Paye and Dayo Odeyingbo, both of whom making progress en route to career-high sack totals last season. Buckner’s four-year Colts sack count (32.5) betters his four-season 49ers work (28.5), and his 87 QB hits with the AFC team outflank his San Francisco total as well.

Totaling between seven and 9.5 sacks during his Colts tenure, Buckner gives the team a high floor that will certainly be important as the team attempts to load up around Richardson. Pro Football Focus has slotted Buckner as a top-12 DT in three of his four Indy seasons, and ESPN’s pass rush win rate metric tabbed him fifth among interior D-linemen last season. This near-fully guaranteed contract shows one of the luxuries a rookie-scale QB provides for a franchise.

As Shaquille Leonard‘s injuries mounted to the point the perennial All-Pro became a late-season release last year, the Colts leaned on Franklin. The latter’s latest agreement came two years after the Colts had re-signed the former seventh-rounder to a three-year, $10MM deal. A Syracuse product, Franklin adds to Ballard’s breakthrough 2018 draft haul. The ’18 group played a key role in the Colts reigniting after a miserable Andrew Luck-less 2017, with Leonard, Quenton Nelson, Braden Smith, Nyheim Hines and Tyquan Lewis going off the board before Franklin.

Amid Leonard’s run of 2022 misfortune, Franklin moved into a full-time role and racked up 167 tackles alongside Bobby Okereke. The Colts depended on Franklin more last season, with Okereke defecting to the Giants. Franklin compiled 179 tackles in a three-down role. He has forced four fumbles over the past two seasons. Although PFF slotted Franklin 58th among off-ball LBs in each of those years, the Colts authorized a significant raise to continue as a regular in Gus Bradley‘s defense.

Re-signings:

Of the Colts’ 22 projected offensive and defensive starters, 19 are homegrown. Moore practically pushes that number to 20, having been a Colts waiver claim (from the Patriots) ahead of his 2017 rookie season. That doubled as Ballard’s first offseason. Despite the Colts having one playoff berth since Luck’s surprise 2019 retirement, the Moore and Stewart efforts quickly showed how Ballard planned to supplement Richardson’s contract.

The money largely went to in-house additions, with Moore being the most significant of the re-signed contingent. For the second time, a Moore agreement raised the ceiling for slot defenders. The Colts took care of Moore when he was first extension-eligible, back in 2019. Although the former UDFA played out the deal, he has remained in form good enough to prompt another investment. Considering the uncertainty surrounding the Colts’ boundary cornerback spots, Moore locking down the slot is paramount to the team’s defensive effectiveness.

Moore, who will turn 29 next month, made an effort to secure a new contract during the 2022 offseason. With two years remaining on the four-year, $33.3MM contract, Ballard and Co. did not hand out a new one following Moore’s 2021 Pro Bowl slate. Like Chris Harris before him, Moore has operated as a high-end slot stopper who wanted to be paid closer to perimeter standouts. After a down 2022, Moore bounced back with a three-INT season that included two pick-sixes. Indianapolis ranked third in defensive DVOA in the slot compared to 25th in outside coverage. Moore’s 13 INTs from the slot position are five more than any other player since 2017; PFF ranked the 5-9 cover man 18th among all corners last season.

Also included in the top 40 on PFR’s free agent list, Stewart joined Moore in securing better terms compared to his second Colts contract. The team gave the 2017 fourth-rounder a notable raise after his 2023 season brought a PED suspension. Stewart’s six-game absence showed against the run. The Colts allowed 107.9 rushing yards per game with Stewart suited up; during his six-game ban, Indianapolis yielded 153 on the ground. Stewart, 30, also registered a career-high four sacks in 2022. Other than the PED penalty, he has not missed a game since 2019.

This offseason brought the first test for Ballard regarding third-contract investments; the Moore and Stewart accords showed no hesitancy existed on this front. Ballard has long prioritized homegrown talent, and these contracts show the longtime GM is willing to reward pillars approaching the end of their primes. The Colts will deploy two 30-year-old DT starters, though their DE core is much younger.

It took some time for Blackmon to come back, and the former second-round pick was not too pleased with his market. The four-year Colts starter visited the Bills and 49ers before agreeing to re-sign — likely to bolster his value for a 2025 free agency redux. Blackmon, 26 in August, was part of a safety market that rewarded high-level young talent (Antoine Winfield Jr., Xavier McKinney, Kyle Dugger) but cast other proven players (Justin Simmons, Quandre Diggs, Eddie Jackson, Jamal Adams, Kevin Byard) aside. Kamren Curl also settled for a low-level Rams deal, and it is far from certain a solid Blackmon season will lead to a value spike as macro safety assessments fluctuate.

A middle tier did form in free agency, with C.J. Gardner-Johnson (three years, $27MM), Brandon Jones (3/20) and Geno Stone (2/12) cashing in this year. Blackmon could aim for this tier in 2025, though he was already coming off a decent contract year. The Utah alum intercepted four passes, deflected eight more and recovered two fumbles in 2023, as Bradley used the versatile safety across the formation. More of the same should be expected, as Blackmon has helped cover for 2022 third-rounder Nick Cross being unable — through two years, at least — to establish himself as a reliable starter.

During Blackmon’s time in free agency, the Colts hosted Kareem Jackson and showed interest in former Buccaneers and Chiefs option Mike Edwards. The duo having not previously played with the Colts clearly hurt his chances during one of the NFL’s most inward-focused offseasons in recent memory. Lewis also benefited from this approach, inking a fourth Indianapolis contract, with Sanchez also now tied to a third Colts accord. Sanchez, 29, recovered from a season-nullifying injury sustained just before the 2022 campaign. After a 17-game 2023, the former UDFA is back for an eighth season in Indianapolis.

Settling in as a rotational backup capable of playing inside and outside, Lewis matched his career-high with four sacks in 2023 and established a new mark for QB hits with 13. The Colts racked up 51 sacks last season, good enough for fifth in the NFL. While Buckner, Paye, Odeyingbo and Samson Ebukam led the effort by each collecting at least seven, Lewis managed to recover from a second patellar tendon tear in two years. The former second-round pick suited up for all 17 games and scored some guaranteed money as a result, keeping Indy’s D-line core together for 2024.

Free agency additions:

This is quite the run for Flacco, who has gone from receiving next to no interest as a 2023 free agent to the NFL’s Comeback Player of the Year to securing the most guaranteed money he has received since his final Ravens deal ended with a Broncos release. Flacco, who has banked $177MM over his career to make him a top-10 earner in NFL history, has not signed for more than $3.5MM since inking his second and final Ravens extension in 2016. Five regular-season Browns starts and a forgettable playoff outing generated interest, as the Colts needed a new backup after Minshew joined Flacco in boosting his market last season.

Joining the Browns after Deshaun Watson needed season-ending surgery, Flacco fared far better than he had as a Jet. The former Super Bowl MVP, who initially caught on with Cleveland via a practice squad deal, averaged 7.9 yards per attempt and threw 13 TD passes (and eight INTs) in five games — a stretch that included wins over the Texans, Jaguars and Jets. This came despite the Browns missing their starting tackles and Nick Chubb. Flacco posted four straight 300-yard showings in the Cleveland wins, driving the team to an 11-6 record and a postseason berth. Although Flacco topped 300 yards again in the wild-card round, his two pick-sixes ended the unexpected surge.

At 39, Flacco is the NFL’s second-oldest quarterback (behind Aaron Rodgers). He also expected the Browns to show interest, but Cleveland — as it shifts to a more Watson-friendly offense — preferred ex-Indianapolis FA target Jameis Winston. The Eagles also made Flacco an offer for what would have been a Philly return trip. This Colts move comes with clear risk, given Flacco’s struggles in the four seasons between his Baltimore stay and the Cleveland rebound, as Richardson came out of multiple games due to injury last season.

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Bill Belichick’s Media Roles Not Changing Plan Of Coaching In 2025

For those interested, Bill Belichick analysis will be readily available this season. In addition to the 24-year Patriots coach’s upcoming gig on the Manningcast, he recently agreed to be part of Inside the NFL for the 2024 campaign. After mostly offering little of substance as a coach, Belichick will attempt to adjust his image this year.

That effort already began with an appearance on the Pat McAfee Show during the draft and a memorable role in Netflix’s Tom Brady roast event. Belichick’s pivot, after only one of the eight HC-needy teams interviewed him this offseason, could certainly turn into a full-on career shift a la Bill Cowher‘s 2007 coaching exit. But the six-time Super Bowl-winning HC is hoping these are only temporary gigs.

Mentioned as interested in landing a job during the 2025 HC carousel back in February, Belichick is still “fully invested” in a return to the league, per NFL.com’s Tom Pelissero (video link). Going after Don Shula‘s all-time wins record continues to factor into Belichick’s pursuit of a third HC job; the former Patriots and Browns HC is 15 wins shy (counting playoff victories) of the legendary Dolphins leader. This marks the first season since 1974 Belichick is not an NFL staffer.

Although the Falcons interviewed Belichick twice, a number of factors — among them internal concerns about organizational structure — steered Arthur Blank away from the hire he initially preferred. Belichick was loosely connected to the Chargers and Raiders, and he spoke with the Commanders — though, not in an official interview setting — as well. The Eagles and Cowboys, however, did some internal work on the newly available option before respectively committing — for the 2024 season, at least — to Nick Sirianni and Mike McCarthy.

Belichick, who was believed to be open to ceding personnel control had he landed a job this year, turned 72 in April. A winter 2025 return to the NFL in a head coaching capacity would make him six years older than any HC ever hired; Bruce Arians still holds that distinction upon coming out of retirement to coach the Buccaneers in 2019. Belichick turning 73 before Week 1 of the 2025 season would naturally invite some concerns about his timeline; this issue came up for the Falcons during their search.

Belichick connections to Dallas and Philadelphia figure to re-emerge, though McCarthy and Sirianni can avoid that with quality seasons. That said, McCarthy is a lame duck who has already won 12 games three times in Dallas. Belichick coaxing more out of Jerry Jones‘ roster come January is a scenario the owner has undoubtedly considered, and he said recently he could work with the longtime Patriots staple. Pelissero, however, expresses questions about the fit due to how much control Jones exercises in that organization.

In addition to the Eagles and Cowboys, Belichick — as of April, at least — was tied to being interested in a Giants return should that job become available. Brian Daboll‘s stock nosedived last season, and he is taking over play-calling duties. The ex-Belichick assistant’s fiery approach has rubbed some in the organization the wrong way, and a simmering feud with Don Martindale drove the two-year DC to a memorable exit. The Giants, who employed Belichick from 1979-90 (the final six seasons as DC), also represent a team to monitor with regards to a third HC opportunity.

This will be a key NFL storyline for the next several months, as a handful of jobs will become available between this season and January 2025. Teams with quality quarterback situations are generally less likely to feature HC vacancies, but Belichick’s shorter window would seemingly mandate a roster capable of contending quickly. It will be interesting to see if the Belichick’s media gigs elevate his stock for 2025 and whether he would be amenable to any HC opening — as opposed to surefire winning situations — next year.

Giants’ Offseason QB Pitch Highlighted Previous Backup Success

HBO’s Hard Knocks: Offseason continues to deliver nuggets of information and context that otherwise would not have been made available to the public. In the series’ most recent episode, we became privy to some details on the development of the Giants’ backup quarterback situation this offseason.

One area that the series shed light on was the departure of backup quarterback Tyrod Taylor. The show displayed that both general manager Joe Schoen and head coach Brian Daboll showed confidence that Taylor would re-sign with the team, while beat reporters like Ryan Dunleavy of the New York Post and Dan Dugger of The Athletic were both under the impression that Taylor had no interest in staying with New York.

The team had turned to Taylor to start for an injured Daniel Jones in Week 6 of the 2023 season but saw Taylor exit with a rib injury three weeks later. Taylor would eventually return around Week 14, but the Giants made the decision to stick with undrafted rookie quarterback Tommy DeVito, who had gone 3-1 in four starts filling in for Jones and Taylor. Two weeks later, DeVito was benched in a second straight losing effort as Taylor retook the reins for the remainder of the season.

Dunleavy claimed that Taylor was “very disheartened by how last season played out after his injury,” leading to the assumption that the veteran was not interested in returning. Duggan echoed this sentiment, saying that he “got the sense that (Taylor) was ready to move on after how last season unfolded.” Taylor eventually signed with the Jets, opting to serve as the primary backup for another starter who spent most of last season on injured reserve.

Following the loss of Taylor, the team explored a number of options to replace him, clearly seeing a need for quality with Jones’ injury history. The series showed that veteran names like Sam Darnold and Joe Flacco were floated around the building before the team ultimately landed on Drew Lock as their target.

A couple of months ago, we touched on a rumor that Jones’ injury history was part of the pitch that lured Lock to New York, with the team pointing at the success that former backups like Taylor and Mitch Trubisky have had finding contracts following their time with the Giants. That was seemingly confirmed in this week’s episode, showing that, whereas other teams had tried to sell Lock a potentially unrealistic chance to start, New York touted their history of getting backup passers back on their feet.

Regardless of how they got there, both parties appear to be in a good place now. Lock stands a better chance at seeing the field in New York (based on Jones’ injury history), and the Giants now roster one of the league’s most promising young backups as their QB2.

Minor NFL Transactions: 7/17/24

Some roster movement today in minor transactions as several teams are starting to add players to early injured lists:

Chicago Bears

  • Placed on active/NFI list: T Kiran Amegadjie
  • Placed on active/PUP list: DT Jamree Kromah

Denver Broncos

Green Bay Packers

Houston Texans

Kansas City Chiefs

Los Angeles Chargers

Seattle Seahawks

There was good news on the Horton front back in May as it was announced that the Texans defender had completed his final treatment for Hodgkin lymphoma. As a rookie out of TCU, Horton sat out the final seven games of the 2023 season on the non-football illness list. As he continues to work his way back to the field, it appears he’ll start the summer on the list, as well.

Thompson’s situation in Kansas City also received some good news of late. After suffering a seizure that caused him to go into cardiac arrest in early-June, the Chiefs defender continues to make progress towards a return. He’ll start the summer on the non-football injury list but will continue to work his way back as he continues with medical procedures, per Nate Taylor of The Athletic.

Caleb Williams Aimed To Secure No-Franchise Tag Clause In Bears Rookie Deal

Reported as completed Tuesday, the Bears’ negotiations with Caleb Williams may not be done just yet. As this is a modern rookie contract, a deal is expected to be finalized well before the season. But this year’s No. 1 pick asked for an unusual clause, representing one of the hold-ups.

Set to be tied to a fully guaranteed deal worth just more than $39MM in total, Williams is believed to have asked for a wrinkle only select veterans receive. The 2022 Heisman winner asked the Bears to include language in his rookie contract preventing them from applying the franchise tag at the conclusion of his first deal, according to Pro Football Talk’s Mike Florio.

No rookie has secured that term, and Florio adds the Bears made the expected move to decline their new quarterback’s ask. Dak Prescott secured this term with the Cowboys, while other passers — Kirk Cousins with the Vikings, Drew Brees during his final Saints years — were on de facto no-tag arrangements due to having been previously cuffed twice.

The tag represents a major tool at teams’ disposals. Removing it from the equation would set a fascinating precedent for the Bears and perhaps the No. 1 draft slot on the whole. Chicago continues to negotiate with Williams, but the team is not adding that clause.

Williams was loosely linked to a potential power play coming out of USC, but nothing transpired on this front. The USC standout could have conceivably pushed for a no-tag clause when determining whether to enter the draft, as the threat of him resuming his Trojans career — rather than joining the Bears — existed if this was especially important. That would have meant passing on a clear-cut path to the No. 1 draft slot and the money that comes with it. Regardless of the NIL era changing the game for current college standouts, Williams would not have been able to command that $39MM number as a college QB.

Quarterbacks rarely reach the tag precipice, generally being signed between their third and fourth seasons — when they become extension-eligible. Trevor Lawrence became the latest passer to take this route, one that gives QBs monster paydays early — replacing a rookie-deal fourth season — and provides teams with early control as the market skyrockets. But the tag gives teams considerable leverage during most negotiations.

Cousins and Prescott — as non-first-rounders — took different routes and ended up tagged. Lamar Jackson is the only first-round QB outlier in recent NFL history, failing to come to terms on a Ravens extension in 2021 or 2022. That led to a tag and a then-record-setting extension. Prescott also negotiated with the Cowboys for three offseasons and eventually used the threat of a second tag number clogging Dallas’ 2021 cap sheet as leverage to secure the terms he did. Williams’ camp undoubtedly paid attention to those proceedings, as team gives up considerable power in negotiations without a tag in the picture.

The Bears have not been in position to pay a homegrown QB for many years, seeing Mitch Trubisky and Justin Fields fail to warrant such commitments. Chicago did reward Jay Cutler with multiple extensions, but the eight-year Bears starter was a Broncos trade acquisition. If Williams shows promise early, the Bears will surely have a $60MM-plus windfall earmarked for 2027, when he first becomes eligible. The fifth-year option (for 2028) would come into play during the ’27 offseason, but the Bears will not allow a no-tag clause to be part of their QB1’s first NFL contract.

AFC West Notes: Broncos, Gallup, Chargers

Rumored to be at an impasse with the Broncos regarding his contract, Courtland Sutton said recently he is not certain he will show for training camp. It should be considered more probable than not the seventh-year wide receiver reports due to the hefty fines (at least $50K per day) that would pile up if he skipped. One sign Sutton is a decent bet to resurface in Denver next week: he attended throwing sessions with Jarrett Stidham and Bo Nix recently. An SMU product who grew up near Houston, Sutton was among the pass catchers in attendance at the Stidham-organized workouts, 9News’ Mike Klis notes.

Sutton showing represents a good sign for Denver fans. Though, the 6-foot-4 target missed nearly the entire offseason program — and time to establish a rapport with the first-round QB — before making a minicamp cameo. Sutton, 28, has angled for a raise. He is tied to a four-year, $60MM deal that runs through 2025. Only $2MM of the former Pro Bowler’s $13MM 2024 base salary is guaranteed, though the rest of it will lock in just before Week 1.

Here is the latest from the AFC West:

Steelers Bring Back LB Tyler Matakevich

After four seasons in Buffalo, Tyler Matakevich is coming back to where his NFL journey began. The Steelers announced a reunion with the veteran linebacker Wednesday. It is a one-year deal.

Role players regularly land deals with teams around the time training camps start, and Matakevich having played four seasons in Pittsburgh stands to help his cause when it comes to landing on the team’s 53-man roster (or 16-man practice squad). The Steelers drafted Matakevich in the 2016 seventh round. This marks the second straight year he has signed a one-year contract.

Matakevich, 31, returns to a team that has made major changes at linebacker since he was last in town. The team’s GM (Omar Khan) and DC (Teryl Austin) have changed as well, though Mike Tomlin is going into his 18th season as the team’s head coach. Pittsburgh signed Patrick Queen this offseason and returns 2023 free agency pickup Elandon Roberts. Cole Holcomb, however, is still recovering from the serious knee injury he suffered last November. The Steelers have not re-signed 2023 starter Kwon Alexander, either, though they did draft NC State’s Payton Wilson in Round 3.

A starting role should not be considered likely for Matakevich, who has made his NFL living on special teams. The Temple alum has started one game in eight seasons, but he has missed just two career contests and lined up as an ST regular throughout. Matakevich has hit the 80% snap rate on special teams three times, including in 2021 and 2023 with the Bills.

In 17 games last season, Matakevich played just 16 defensive snaps. But he has not dipped below the 75% ST snap rate since 2018. The ninth-year vet seems a good bet to avoid the practice squad, having been an active-roster player throughout his career. The Steelers would have that option, however, though they could also have a roster spot due to a Holcomb placement on the reserve/PUP list. With the 2023 UFA’s availability for the season in doubt, a spot does appear open. To make room on their 90-man roster, the Steelers waived safety Jalen Elliott.

Bears Sign No. 1 Pick Caleb Williams

JULY 17, 2:45pm: Once again, we have a report Williams has agreed to terms with the Bears. This latest offering, from NFL.com’s Tom Pelissero, comes after a report the highly touted passer attempted to become the first rookie to receive a no-tag clause in his first NFL deal. The Bears balked, potentially putting this issue to bed for other No. 1 picks for a while, and have their new starter under contract. The team have since announced the signing.

11:58am: While Williams’ deal is expected to be completed soon, Pro Football Talk’s Mike Florio notes some minor issues remain unresolved. The lawyer representing Williams is not especially experienced with NFL contracts, per Florio, complicating this process to a degree. Though, the No. 1 pick is on track to collect his full signing bonus not long after the deal is finalized. It does not appear like that has happened just yet.

JULY 16: Hours after Rome Odunze‘s signature on his rookie contract, Caleb Williams is putting pen to paper as well. The Bears are also signing their No. 1 overall pick to his rookie deal Tuesday, ESPN.com’s Adam Schefter tweets.

This will be a fully guaranteed four-year deal worth $39.49MM. While this is a fraction of what No. 1 picks commanded before the 2011 CBA reshaped rookie pacts, Williams’ slot price sits higher than anyone drafted since. The Bears, who traded Justin Fields to make room for the 2022 Heisman winner, now have this year’s top draftee signed through 2027.

[RELATED: Five 2024 Draft Choices Remain Unsigned]

Williams marks the latest QB swing from a Bears team that has been unable to find a true franchise-level option. Fields showed some improvement last season, but Williams’ ceiling is viewed as considerably higher. Chicago’s whiff on Mitch Trubisky remains one of the modern draft era’s most infamous transactions, seeing as Patrick Mahomes and Deshaun Watson were drafted soon after. The team’s Jay Cutler trade, which cost two first-round picks and change, produced one playoff berth in eight seasons. A 2023 Panthers trade, however, changed Chicago’s fortunes and led to a rare opportunity.

The Bears did pass on C.J. Stroud by sending the Panthers the 2023 top pick, leading to Carolina choosing Bryce Young. Although GM Ryan Poles attempted to give Fields a shot at making a case to be the team’s long-term option, the Panthers finishing 2-15 changed the Bears’ plans. Few expected Chicago to seriously entertain trading out of No. 1 for a second straight year, and the team did not. The Bears instead unloaded Fields — for a price (a conditional sixth-round pick) much lower than most anticipated — to clear the decks for Williams. With no notable backup in place, the former Lincoln Riley pupil will move into Chicago’s starting lineup soon.

The Bears already named Williams their starter, though that status was never in doubt. The former Oklahoma recruit-turned-USC superstar had established himself as the clear-cut top option in this year’s class during his 2022 Heisman-winning season. Williams did not fare as well as a junior, but he did not do enough to fall in the draft. This year’s spree of draft rumors centered around five quarterbacks, not six, as Williams-to-Chicago was an open secret for weeks.

Although some evaluators referred to Williams’ Combine interviews as “not great,” the dynamic talent was never closely connected to any team but the Bears. That set him apart from Young last year, as the Panthers were also tied to Stroud and Anthony Richardson, and placed Williams closer to the Trevor Lawrence and Joe Burrow levels. Williams’ supporting cast looks better than both those talents coming in.

Williams totaled 4,537 passing yards, with a 42-5 TD-INT ratio, during his Heisman season. Although the Trojans took a step back in 2023 by losing five of their final six regular-season games, Williams still closed with a 30-5 TD-INT ratio and improved his completion percentage from 66.6% to 68.6%. Williams’ yards per attempt number (9.4) also bettered his Heisman average (9.1). Williams averaged at least nine yards per pass in each of his three college seasons.

The 6-foot-1, 214-pound passer will now team with one of the top receiver groups in Bears history, with Chicago adding Keenan Allen and Odunze to a group fronted by D.J. Moore. The Bears also have Cole Kmet and ex-Shane Waldron charge Gerald Everett rostered at tight end. After Trubisky and Fields struggled with limited pass-catching help, Williams will begin an attempt to reverse this franchise’s miserable modern QB history with a deep array of weaponry.

Going into training camp, here is how the Bears’ 2024 draft class looks:

Largest 2024 Cap Hits: Defense

As veteran report dates for training camps near, NFL payrolls are largely set. Extension- and trade-related matters remain, but as far as high cap numbers go, the list will not change much between now and Week 1. After we ran down the top cap charges on the offensive side of the ball last week, here are the highest 2024 figures tied to defenders:

  1. Maxx Crosby, EDGE (Raiders): $30.48MM
  2. T.J. Watt, EDGE (Steelers): $30.42MM
  3. Kenny Clark, DL (Packers): $27.49MM
  4. Joey Bosa, EDGE (Chargers): $26.11MM
  5. Khalil Mack, EDGE (Chargers): $25.39MM
  6. Montez Sweat, EDGE (Bears): $25.09MM
  7. Harold Landry, EDGE (Titans): $23.8MM
  8. Jaire Alexander, CB (Packers): $23.49MM
  9. Marlon Humphrey, CB (Ravens): $22.88MM
  10. Tremaine Edmunds, LB (Bears): $22.44MM
  11. Cameron Heyward, DL (Steelers): $22.41MM
  12. Jeffery Simmons, DL (Titans): $21.65MM
  13. Daron Payne, DL (Commanders): $21.61MM
  14. Jonathan Allen, DL (Commanders): $21.44MM
  15. Minkah Fitzpatrick, S (Steelers): $21.36MM
  16. Vita Vea, DL (Buccaneers): $20.97MM
  17. DeMarcus Lawrence, EDGE (Cowboys): $20.46MM
  18. Quinnen Williams, DL (Jets): $20.4MM
  19. Grady Jarrett, DL (Falcons): $20.38MM
  20. Myles Garrett, EDGE (Browns): $20.17MM
  21. Trey Hendrickson, EDGE (Bengals): $20.17MM
  22. Derwin James, S (Chargers): $19.86MM
  23. Budda Baker, S (Cardinals): $19.03MM
  24. Charvarius Ward, CB (49ers): $18.4MM
  25. Marcus Williams, S (Ravens): $18.03MM

While a handful of quarterbacks are set to break the single-player record for cap hit — after this offseason’s $30.6MM cap spike — this year’s defensive hits do not check in on that level. Crosby and Watt are at $30MM, but those numbers do not match last year’s top defender cap hit — attached to then-Giants D-lineman Leonard Williams ($32.26MM). With Aaron Donald now in the dead money category following his retirement and Chris Jones extended, some new faces have climbed toward the top of this list.

The Raiders gave Crosby a $6MM 2024 pay bump to reward a former Day 3 pick who has unlocked another level while attached to an extension signed in 2022. Rather than greenlight a new deal for their top defender, the Raiders moved money around on his through-2026 extension to accommodate a rising market. This season now marks the highest cap hit on this Crosby contract.

Although the Chargers worked out pay-cut agreements with Bosa and Mack, both edge rushers are still among the most expensive — cap-wise — players in the league. The March reductions, however, moved Bosa’s cap number down from $36.6MM and lowered Mack’s from $38.5MM. With James tied to the second-highest 2024 safety figure, Jim Harbaugh‘s team — while clearing out costs on offense — remains among the top defensive spenders.

Two years remain on Watt’s deal, which has paid out its guaranteed money. With Nick Bosa having secured a defender-record extension and lower-production players — compared to Watt, at least — Brian Burns and Josh Allen surpassing the future Hall of Famer’s 2021 extension, a third Steelers-Watt agreement will likely be rumored soon. Heyward has expressed interest in a fourth Steelers contract, which would reduce his lofty cap figure, but the accomplished veteran has not heard much from the team’s side on this matter.

The Packers have begun talks with Clark on what would be a third extension. His current $17.5MM-per-year contract has fallen to 15th among active D-linemen. A new deal would update that figure for a reliable starter while reducing his 2024 cap hit. Despite rumors about the Pack separating from Alexander coming out in December, GM Brian Gutekunst shot down any such move associated with the league’s highest-paid corner.

Baker requested a trade last year, eyeing a deal closer to the James-Fitzpatrick level. The longtime Cardinal DB is in the final year of an extension agreed to back in 2020. Although the Cardinals are rebuilding, Baker has remained part of Jonathan Gannon‘s team. He expressed hope to stay in Arizona beyond 2024, and the Cardinals have the contract-year safety — the team’s longest-tenured starter, now that D.J. Humphries is off the roster — on the team going into his age-28 season.

Montez Sweat Informed Bears He Would Not Debut Without Extension; No Commanders Talks Transpired

The Bears have restarted their quarterback contract clock, swapping out a fourth season of Justin Fields for Caleb Williams‘ rookie deal. That will give the NFC North team more roster flexibility, helping make two recent big-ticket extensions palatable.

Chicago authorized high-priced re-ups for Montez Sweat and Jaylon Johnson between November and March. The first of those deals, for Sweat, obviously came before the team knew Williams was Chicago-bound. Sweat came to the Windy City in a deadline deal for a second-round pick, ending a five-year Washington run.

Sweat said the Commanders, who were transitioning from Dan Snyder to Josh Harris during the defensive end’s contract year, did not engage in extension talks. Upon hearing from Ron Rivera that he would be traded, Sweat said (via The Athletic’s Dan Pompei) “some things I wanted to take back.” It turned out Rivera and then-DC Jack Del Rio wanted to keep Sweat, but Harris made a push for the team to trade both its starting D-ends — as Chase Young was later dealt to the 49ers — to accumulate draft capital. That ended up helping Adam Peters and Dan Quinn, with Rivera fired after an eight-game losing streak.

The Bears did hammer out an extension with Sweat days after his arrival, signing the 2019 first-rounder to a four-year, $98MM deal before Week 9. Sweat took a diplomatic approach publicly when asked about an extension, but the relocating defender had told the Bears (via Pompei) he would not have debuted without an extension in place.

Rivera said in August that Sweat negotiations — on hold due to the ownership transfer — could end up taking place, but they did not come to pass. With Young running into career-altering injury trouble midway through the 2021 season, Sweat served as Washington’s edge anchor. No Pro Bowl nods came, but the five-year starter accumulated 35.5 sacks during his time in Washington. This included six before the 2023 trade. Sweat, 27, did receive a Pro Bowl invite after finishing last season with 12.5 sacks.

The Bears may be in the market for another D-end, with a Yannick Ngakoue reunion potentially on the table. The Commanders have retooled around ex-Quinn Cowboys pieces, signing Dorance Armstrong and Dante Fowler. The team also signed Clelin Ferrell. None of these talents has performed on Sweat’s level, but ownership and Washington’s previous football staff moved him out of the equation before the Peters-Quinn duo arrived. Washington traded down (via Philadelphia) from the Sweat-obtained draft slot (No. 40), picking up an extra second-rounder in the process. After drafting Johnny Newton with their own second-rounder, the Commanders turned the Sweat choice into cornerback Mike Sainristil and tight end Ben Sinnott.