Month: November 2024

Dolphins Release QB Mike White

The Dolphins have a winner in their QB2 battle. As ESPN’s Adam Schefter was first to report, Miami is releasing Mike White, which leaves Skylar Thompson as Tua Tagovailoa‘s backup.

Last year, it was White who prevailed over Thompson in the war to serve as Tagovailoa’s clipboard holder. At the time, that seemed to be a significant development, as Tagovailoa had yet to play a full season and was coming off a concussion-riddled 2022 campaign. Fortunately for the Dolphins and their top passer, Tagovailoa suited up for all 17 of the club’s regular season games and one playoff contest last year, so White only appeared in garbage time.

Thompson, a seventh-round pick of the Dolphins in 2022, made two regular season starts as a rookie in relief of Tagovailoa, and he nearly led the team to a playoff win over the Bills that year. That performance was not enough to stop the ‘Fins from adding White as competition in March 2023, inking the former Cowboy and Jet to a two-year deal worth up to $16MM.

Given that financial commitment, it is not surprising that White beat out Thompson for the backup job in 2023, but as ESPN’s Marcel Louis-Jacques points out, neither candidate separated himself over the course of this year’s training camp. Thompson saw the bulk of the action in the club’s preseason finale against the Bucs on Friday, completing 19 of 27 passes for 190 yards, two TDs, and an interception (good for a QB rating of 99.3). White, meanwhile, completed five of nine passes for 37 yards.

Although Thompson was drafted four years after White, the players are just two years apart in age (Thompson is 27, White is 29). Thompson, though, is under club control through 2025 and will make just $985K this season. White was due a $3.5MM salary, and as Adam Beasley of Pro Football Network observes, his release will net the Dolphins $2.5MM in cap savings.

As they start working their way towards a 53-man roster, the Dolphins have also cut TE Jody Fortson, per Tom Pelissero of the NFL Network.

Ja’Marr Chase Returns To Bengals Practice

AUGUST 25: Chase has returned to the practice field, as Tom Pelissero of the NFL Network reports. As of now, there does not appear to be any additional news to report on the contract front, but in order to be ready for the regular season and ramp up enough to mitigate the risk of soft tissue injury, Chase needs to get some practice work in.

AUGUST 23: As efforts to work out extensions in the cases of CeeDee Lamb (Cowboys) and Brandon Aiyuk (49ers) take place, uncertainty also looms over Ja’Marr ChaseThe Bengals Pro Bowler continues to watch training camp from the sidelines as he seeks a monster extension.

[Offseason In Review: Cincinnati Bengals]

Chase – unlike his receiver peers who have yet to secure a lucrative second pact – is under contract for two more years since the Bengals made the obvious choice of picking up his 2025 fifth-year option. An extension, as has long been known, will cost far more than the $21.82MM he is due next year. Justin Jefferson‘s $35MM-per-year Vikings extension represents a target for Chase and other wideouts in similar positions, but the terms of that pact may not be sufficient to get a deal done.

Multiple teams are of the view that Chase will be the league’s top earner amongst non-quarterbacks once his contract is in place, Yahoo’s Charles Robinson writes. That title belonged to Nick Bosa last year, but Jefferson eclipsed him with his Vikings pact – one which includes nearly $89MM in guarantees. That extension has Jefferson in a tier of his own with respect to not only AAV but also locked in compensation, and Chase (along with Lamb and Aiyuk) is likely to close the gap between Jefferson and the rest of the field.

Bengals owner Mike Brown has confirmed Chase’s extension is a key organizational priority (one which will require breaking with standard organizational procedure and committing guaranteed money beyond Year 1). Keeping him in place with quarterback – and former LSU teammate – Joe Burrow would help keep Cincinnati’s offensive positioned for success, but Brown has suggested the team is willing to wait one year before finalizing a massive extension. As Robinson notes, the Bengals seem to be struggling to come to grips with the potential of a record-breaking pact being necessary to get Chase back on the field.

With Cincinnati’s preseason in the books, attention will increasingly turn to the 24-year-old’s willingness to miss regular season time if no extension agreement is reached. A recent report indicated Chase was OK with delaying negotiations until 2025 – and therefore waiting until the Lamb and Aiyuk accords are in place – but it remains to be seen if he will suit up in time for Week 1. As Paul Dehner Jr. of The Athletic writes, the 2021 Offensive Rookie of the Year himself may not have his mind made up at this point (subscription required).

There is of course still some time for Chase and the Bengals to come to an agreement either on a new deal or an arrangement to pause talks until after the coming campaign. This situation will no doubt be influenced by those of Lamb and Aiyuk, but those pending free agents face more urgency to get a deal done in time for September. A very late extension agreement (like the one worked out for A.J. Green in 2015) could still be in the cards, but plenty of unanswered questions remain regarding Chase’s immediate future.

Giants’ Selling Point On Daniel Jones’ 2023 Extension

About a year and a half ago, the Giants gave quarterback Daniel Jones a four-year, $160MM extension. While $40MM per year doesn’t sound like top-end NFL passer money right now, at the time, Jones’ new deal tied him for the honor of sixth-highest paid quarterback in the league at that time, per annual average. A recent report from Ryan Dunleavy of the NY Post provided an explanation for why New York was so willing to give Jones his bag.

Per Jones, Giants general manager Joe Schoen claimed this week that part of Jones’ agent’s sales pitch on the contract extension was that, with all the soon-to-come quarterback extensions and free agent deals around the league, Jones’ $40MM per year wouldn’t seem nearly as top dollar as it did at the time. See, when Jones signed his extension, it paired him with playoff contending quarterbacks Dak Prescott and Matthew Stafford in contract length and overall value. The contract also came on the heels of a Derek Carr-signing for four years and $150MM.

At that point in time, Prescott was a Pro Bowler who had shown he was a threat to pass for 4,500 yards in a healthy season and nearly reached 5,000 in 2019. Stafford was pushing into his 15th season and, though he was aging, had just matched a career high with 41 touchdown passes in 2021. Carr didn’t quite have the winning pedigree or statistical production of Prescott or Stafford, but he still threatened for 4,000 passing yards every season, topping out at 4,804 in 2021, and was a three-time Pro Bowler.

Daniel Jones had accomplished none of the above feats. He hadn’t made a Pro Bowl or sniffed a 4,000-yard or 30-touchdown season. He held career highs of 3,205 passing yards and 24 touchdowns. Since his rookie season, he had failed to surpass 15 touchdowns. But timing is everything, and at the time of his contract negotiations, Jones had just led the Giants to their first winning season and playoff appearance with him under center. He had just thrown for his career high in passing yards and led the NFL in interceptions per pass attempt, throwing only five.

These accomplishments hardly seem worth signing Jones to a deal resembling the likes of Prescott and Stafford and surpassing that of Carr, put Jones’ agent pulled out the pitch mentioned above. He convinced Schoen that with the inevitable new contracts for players like Jalen Hurts, Lamar Jackson, Justin Herbert, Jared Goff, Tua Tagovailoa, Jordan Love, Trevor Lawrence, Joe Burrow, and others, paying Jones $40MM per year would be a bargain, especially if he could maintain the level of play from his 2022 season.

Unfortunately, the Giants saw Jones only start six games under his new contract before succumbing to a season-ending injury, and those six games did nothing to instill much confidence in Jones making the contract seem like a bargain deal. In six contests, Jones averaged a career-low 152 passing yards per game, only throwing two touchdowns to six interceptions while going 1-5 as a starter. There’s still time for Jones to make a strong comeback from injury and prove he’s at least worth the bargain deal he signed. For now, though, Giants fans find themselves easily getting excited over underdog successes like Drew Lock and Tommy DeVito.

NFL Restructures: Thomas, Holcomb, Vikes

Andrew Thomas landed a lucrative investment from the Giants last summer, and his extension has him on the books through 2029. A recent adjustment made to the pact freed up short-term spending power.

New York converted $4.18MM in 2024 base salary into a signing bonus, ESPN’s Field Yates notes. That move created $3.34MM in cap space available to be used during the final roster-building moves of the offseason or breathing space for during the year. The Giants were already in better cap shape than many teams, however, and the move leaves them with nearly $17MM in available funds – more than what will be needed for any one-year, low-cost deals given to free agents in the coming days.

As Dan Duggan of The Athletic notes, New York had the option of converting another $10MM into a signing bonus (and thus freeing up even more room). Teams often carve out the maximum breathing room possible when executing restructures, although such moves are generally made around free agency. Thomas’ cap number is set to jump to $19.92MM next year, but that figure will remain relatively flat throughout the rest of the pact.

Here are details on some other recent NFL restructures:

  • The Steelers reworked the contract of linebacker Cole Holcomb earlier this month. Pittsburgh added $3.1MM in guaranteed compensation, per Aaron Wilson of KPRC2. The contract includes a split, a provision which allows teams to lower the base pay of players if they land on IR or PUP. Holcomb, 28, went down with a knee injury midway through his debut Steelers campaign and is in danger of missing considerable time again in 2024. This move provides him with added locked in compensation should he manage to remain healthy this season, though. Holcomb’s original Pittsburgh pact, signed last spring, runs through 2025.
  • Josh Metellus has negotiated adjustments to his Vikings pact, as detailed by Wilson. Three void years (2026-28) were added to the contract, along with incentives totaling $5MM over the next two years – although $3.5MM of that figure has been deemed not likely to be earned. None of the 26-year-old’s overall pay (ranging from $1.23MM to $3.78MM) or cap figures ($2.01MM to $4.76MM) have changed as a result of this arrangement, though. As a result, Ben Goessling of the Minneapolis Star Tribune predicts further restructuring could take place in the future.

Minor NFL Transactions: 8/25/24

With roster cutdowns beginning around the league, Sunday saw a number of moves take place:

Atlanta Falcons

Buffalo Bills

Indianapolis Colts

Jacksonville Jaguars

Los Angeles Rams

Miami Dolphins

New York Giants

Pittsburgh Steelers

Tampa Bay Buccaneers 

Buffalo’s decision to cut Jones marks a blow to his efforts in finding a roster spot on a new team. Considering the latest report on his status, however, it does not come as a surprise. The Bills dealt with a number of injuries at the linebacker spot last season and Matt Milano will miss extended time in 2024 due to a biceps tear. In spite of that, the team will look elsewhere for depth options unless Jones is retained via the practice squad later this week.

Contract Details: Moore, McPherson, Froholdt

Here are some details on recent contracts from across the league:

  • D.J. Moore, WR (Bears): Four years, $110MM. Per OvertheCap.com, Moore’s deal includes $43.65MM guaranteed at signing, consisting partially of a $20MM signing bonus. The signing bonus will be spread out over the next five years. After getting paid $3MM in 2024, Moore will receive base salaries after that of $20.65MM in 2025 and $23.49MM in the remaining four years. Also, after this season, Moore will not have a cap hit lower than $24.5MM. From 2026 to through 2029, Moore will earn per game active roster bonuses of $45K for a potential season total of $765K.
  • Evan McPherson, K (Bengals): Three years, $14MM. After some initial numbers were reported when McPherson’s extension was announced, Aaron Wilson of KPRC 2 provided a few more details on his three-year deal. the initial report listed the potential max payout to be $16.5MM, but Wilson notes that number to be $17.56MM. He received a $5MM option after the signing bonus and will see another $2.5MM option bonus in the future. His base salaries for the next for seasons will be $1.06MM, $2.4MM, $2.8MM, and $3.5MM. According to Kelsey Conway of the Cincinnati Enquirer, McPherson claimed that he preferred the shorter three-year deal because it would give him another opportunity for a third contract while he’s still relatively young.
  • Hjalte Froholdt, C (Cardinals): Two years, $12MM. Of the $8MM in guarantees that were initially reported, $7.25MM of that is fully guaranteed, per Howard Balzer of CardsWire. The remaining $750K is guaranteed for injury as part of Froholdt’s 2025 base salary and will become fully-guaranteed if he is still on the roster by the fifth day of the 2025 league year. Wilson lets us know that $4MM of those guarantees comes in the form of a signing bonus and that the deal has a potential maximum value of $14.75MM.

Broncos Considering Keeping Three QBs

AUGUST 25: When speaking to the media after Denver’s preseason finale – a game in which Stidham and Wilson both played – Payton confirmed (via Renck) that finances will not be a factor discouraging the team from keeping both in place in addition to Nix. A number of teams around the NFL will likely show at least some interest in adding a signal-caller over the next few days, but they may not have the opportunity to obtain one of the Broncos’ passers if Payton’s willingness to hold onto all three holds true.

AUGUST 24: Bo Nix is the Broncos’ starter, a development his draft status and college experience long signaled. This leaves the team’s veteran arms either competing for one roster spot or set to determine which passer is Nix’s immediate backup.

Sean Payton kept only two QBs on the active roster for most of last season, and the Saints regularly rostered only two passers during Drew Brees‘ tenure. With more uncertainty in Payton’s current QB room, however, an exception may need to be made.

The Broncos are not against carrying three passers on the 53-man roster, with Payton indicting (via the Denver Post’s Troy Renck) this is under consideration. While an offseason rule change allows an unlimited number of practice squad elevations for an emergency third quarterback, the Broncos would run the risk of losing one of their backups if they made a cut by Tuesday’s 3pm CT deadline.

The second-year Denver HC might be posturing to potentially drive a trade, but the Broncos’ backup options have disparate profiles. With Nix going into his first season, the team keeping Jarrett Stidham and Zach Wilson would make sense. The former brings experience in Payton’s system, having signed a two-year deal worth $10MM in the HC’s first Denver free agency period, with the latter supplying higher upside — albeit with a low floor Jets fans observed for the past three seasons.

Last year’s spree of quarterback injuries leaguewide also could give the Broncos a potential trade chip, as the team carrying all three could precede calls. While Wilson expectedly generated minimal trade interest this offseason, needs arise based on injuries. Stidham is more experienced and would conceivably appeal as a backup option elsewhere — especially in the event a starter goes down. The Texans took calls on both their C.J. Stroud backups — Davis Mills, Case Keenumbefore last year’s deadline.

Stidham, 28, preceded Nix as Auburn’s starter and would make more sense as an immediate backup. He spent last season as Russell Wilson‘s QB2, before once again being inserted into a starting lineup largely due to a starter’s contract issue, and is going into his sixth year. Stidham started the Broncos’ first preseason game and entered camp in the QB1 role. Wilson certainly has more starting experience, but his Jets starter arc does not exactly work in his favor. Bringing more upside as a passer, Wilson was still benched three times as a Jet. He also has been Denver’s third-stringer for weeks, never making a serious challenge — despite some recent Payton praise — for the starting job.

It would cost nearly the same amount of dead money to jettison either vet. The Broncos would incur $2MM in dead money by releasing Stidham; they would take on $2.76MM in dead cap by waiving Wilson. The 25-year-old arm not being a vested vet stands to play into Denver’s decision, as there is a chance Wilson is claimed if waived. Though, that is far from a certainty. With only $1MM of Stidham’s base salary guaranteed, the team could also save $5MM by cutting him. No cap savings would come from a Wilson cut.

The Broncos will hope this does not matter much, preparing to give the keys to their first-round pick ahead of what the team hopes is a lengthy starter tenure. The team has seen its recent starters — from Russell Wilson to Teddy Bridgewater to Drew Lock to Joe Flacco — suffer injuries requiring relief work, making the Stidham-and/or-Wilson call rather important.

NFL Injury Updates: Hill, Horne, Cook, Magee, 49ers

As the preseason comes to a close, a number of teams experienced the scares of a worst-case scenario for most players: getting injured just before the team makes final roster decisions. Some ended up being that worst-case scenario, while others lucked out with minor ailments.

Texans safety Brandon Hill was one such player who experienced a worst-case scenario this weekend. In Houston’s final preseason game against the Rams, Hill suffered a significant knee injury, per Aaron Wilson of KPRC 2. The injury will be enough to end Hill’s 2024 season before it even got a chance to begin.

A seventh-round pick out of Pittsburgh last year, Hill only appeared in two games. With much of the same cast from last year returning in 2024, he wasn’t likely to see much more time on the field, but his loss thins out the team’s depth at safety and certainly ends his chances of being on the 53-man roster.

Here are a few other injury updates from around the NFL:

  • Per ESPN’s Jordan Raanan, Giants defensive tackle Timmy Horne is also likely to miss the 2024 season. The third-year player out of Kansas State suffered a tear to his Achilles tendon that will keep him out for the year. Horne came to New York late last year after spending most of his first two seasons in the league with the Falcons. He started five games as an undrafted rookie in 2022 but has been a depth piece ever since.
  • The Steelers continue dealing with some bumps and bruises along the offensive line. After seeing rookie first-round tackle Troy Fautanu suffer an MCL sprain two weeks ago and center Nate Herbig tear his rotator cuff, the latest bump hits key reserve lineman Dylan Cook, per ESPN’s Jeremy Fowler. Pittsburgh picked Cook up after he was waived by the Buccaneers last offseason and, while he made the team’s final 53-man roster in 2023, he didn’t ever appear in a game. With the recent foot injury, it looks like Cook will have to wait several more weeks before he can make his NFL- and Steelers-debut.
  • Another player who avoided the worst-case scenario but who is set to miss a decent amount of time is Commanders middle linebacker Jordan Magee. According to John Keim of ESPN, the fifth-round rookie out of Temple had an MCL injury that required a “procedure.” It’s been confirmed that the injury is not season-ending and that he will return at some point this season. Washington has a bit of depth at linebacker, but Magee was the only player listed behind veteran Bobby Wagner in that Mike-role.
  • Lastly, we finally got an update on the MRI results of 49ers pass rushers Leonard Floyd and Yetur Gross-Matos. Matt Maiocco of NBC Sports Bay Area reported late after Friday’s contest that the two had suffered knee sprains that didn’t result in ACL damage, but MRIs were scheduled for both players to be sure. The Athletic’s Matt Barrows was the one to provide an update today, claiming that, following the MRIs scheduled for yesterday, Floyd has been determined as day-to-day, while Gross-Matos will be week-to-week.

Latest On Eagles’ Secondary

Avoiding a repeat of last year’s defensive collapse was a top priority for the Eagles this offseason. Efforts on that front included several moves affecting the secondary, a unit which will look much different in 2024 than it did in 2023.

Each of Philadelphia’s top two draft picks were used on cornerbacks. The first of those – Quinyon Mitchell – has impressed during his first NFL training camp. The Toledo alum was one of the top prospects at his position this year, and he has long been expected to serve as an immediate starter with the Eagles.

Mitchell has seen time on the outside this summer, but as Jeff McLane of the Philadelphia Inquirer notes, he has also been used in the slot in other packages. The 23-year-old is thus in line for a workload keeping him on the field for all three downs during his rookie campaign, a sign of confidence the team has in him but also of the lack of proven options Philadelphia has at nickel. Avonte Maddox was released and later brought back this offseason, but The Athletic’s Brooks Kubena writes he has transitioned to safety in 2024 (subscription required).

Mitchell being used on the inside could lead to considerable playing time for Cooper DeJeanthe Eagles’ second-round selection. Upon returning to health from the fractured fibula which ended his decorated college career, the Iowa alum has represented another contributor at multiple secondary spots. DeJean played corner as well as safety during his time with the Hawkeyes, but defensive coordinator Vic Fangio confirmed (via Kubena) he was selected with the intention of being used at cornerback.

DeJean’s workload at the start of the season could be limited considering the practice time he missed before being activated from the NFI list earlier this month. Still, having him as an option on the perimeter opposite Darius Slay will provide the Eagles with valuable flexibility in the secondary once he is up to speed. The Slay-Mitchell-DeJean trio is set to serve as the nucleus of Philadelphia’s CB room for at least the next few years.

James Bradberry operated as a corner during each of his two Eagles campaigns, but this offseason saw him begin working at safety – a move he suggested. That transition likely had his roster security in mind, but Albert Breer of Sports Illustrated writes Bradberry could still be a trade chip while roster-cutting season takes place. The 31-year-old struggled mightily in coverage last season, and he is on the books for two more years. The first void year of his pact also calls for a cap hit just under $21MM, so it would come as a surprise if Bradberry were to draw major interest on the trade market.

In any case, Philadelphia’s secondary – which of course also includes C.J. Gardner-Johnson at safety once again – will face high expectations for the 2024 campaign. The team’s ability to succeed under Fangio will dictate much of their overall performance this year, and the play of the revamped cornerback room in particular will be worth watching closely.

5 Key Stories: 8/18/24 – 8/25/24

As the preseason winds down around the NFL, key roster decisions loom. The past seven days have seen several key developments with numerous players landing contracts, extensions or clarity pertaining to where they will start the campaign on their respective teams’ depth chart. In case you missed any of the top stories from this week, here is a quick recap:

  • Humphrey Agrees To Historic Chiefs Extension: Kansas City’s efforts to get extensions done with a few members of the team’s young core resulted in Creed Humphrey agreeing to a long-term deal. His four-year, $72MM pact represents by far the most lucrative commitment for a center in league history. The previous benchmark in terms of AAV was $13.5MM, so Humphrey’s $18MM figure will no doubt move the position’s market upward in the future. The 25-year-old will collect $50MM in guarantees on his new contract, which has him tied to the Chiefs through 2028. A Pro Bowler in each of the past two seasons, Humphrey has lived up to expectations so far and cemented himself as one of the top centers in the league; he will remain an anchor of the Chiefs’ offensive line for the foreseeable future.
  • Falcons Extend Terrell: After making a pair of notable defensive additions last week, the Falcons checked an in-house piece of business off their to-do list. Atlanta inked cornerback A.J. Terrell to a four-year, $81MM extension which took the place of his fifth-year option. The 2021 second-team All-Pro secured $42.34MM fully guaranteed, and he will remain an staple of Atlanta’s secondary through 2028. Terrell, 25, now sits second in the league in terms of annual average compensation for corners ($20.25MM), and his deal is the largest one worked out this offseason at the position. Questions remain regarding the long-term future of the Falcons’ other CB spots, but the top of the depth chart is secure for years to come.
  • Minshew Wins Raiders’ QB Competition: One of 2024’s true quarterback competitions saw Gardner Minshew vying for the Raiders’ starting gig against Aidan O’Connell. After evaluating both in training camp and the preseason, it was the veteran who got the nod for Week 1. Minshew landed $25MM on a two-year deal in free agency, but he had ground to make up on O’Connell upon arrival in Vegas. He has far more experience (37 career starts), though, and superior mobility helped him land atop the depth chart. Minshew mainly handled backup duties following his two seasons with the Jaguars, but in 2023 he took over as the Colts’ starter after Anthony Richardson was injured early in the season. That spell did not include high-end efficiency, but it kept Indianapolis in contention for a playoff spot. A repeat from the 28-year-old could produce similar results for the Raiders.
  • Gilmore Joins Vikings: Another of the league’s top free agents came off the market when Stephon Gilmore took a one-year deal with the Vikings. The former Defensive Player of the Year received $7MM guaranteed, and he has the potential to earn $10MM in Minnesota. Gilmore, 33, received an offer from the Panthers but elected to head to the NFC North on his latest deal. Cornerback has been a position marked with questions for the Vikings stemming in large part from Khyree Jackson’s death and Mekhi Blackmon’s ACL tear. Gilmore will offer plenty of experience in the secondary, and his play with the Cowboys last season demonstrated his ability to remain a full-time starter. Minnesota represents his fifth different team in as many seasons, and Gilmore’s market will again be dictated by his play on a short-term accord.
  • Broncos’ Nix Becomes Latest Rookie Starter: It came as no surprise when Caleb Williams (Bears) and Jayden Daniels (Commanders) were named as their teams’ Week 1 starters under center. Bo Nix faced a different path to the QB1 spot, but strong showings in training camp and the preseason earned him the gig. A veteran of a record-breaking 61 college starts, the Auburn and Oregon product was seen as being more pro-ready than many (if not all) of his draft classmates. Head coach Sean Payton was high on Nix during the pre-draft process, and Denver’s decision to select him at No. 12 confirmed he would take over as starter at some point relatively soon. Attention will now turn to how the Broncos proceed with returnee Jarrett Stidham and spring trade acquisition Zach Wilson at the other quarterback spots.