8:04pm: Mike Garafolo of Fox Sports 1 has details on the contract (via Twitter): the deal is worth $4.4MM over two years with another $2.2MM in incentives.
6:23pm: The Cardinals and Matt Shaughnessy have agreed to terms on a two-year deal, according to Kent Somers of the Arizona Republic (via Twitter). The new agreement will keep the free agent linebacker in Arizona after he drew some interest from the Patriots.
After spending the first four years of his NFL career with the Raiders, Shaughnessy signed in Arizona last season and started 12 games for the club, accumulating 36 tackles, three sacks, and three fumble recoveries. According to Pro Football Focus’ advanced metrics (subscription required), Shaughnessy performed well against the run, but was only the league’s 34th-best 3-4 outside linebacker out of 42 qualified players.
While the Cardinals have agreed to contracts with a few players since free agency began, including offensive tackle Jared Veldheer, Shaughnessy is the first player the team has brought back or added to a linebacker corps that will be without Karlos Dansby in 2014.