Cincinnati Bengals News & Rumors

NFL Minor Transactions: 3/7/25

Friday’s minor NFL moves:

Arizona Cardinals

Cincinnati Bengals

Detroit Lions

San Francisco 49ers

Tampa Bay Buccaneers

Tennessee Titans

Bengals Grant Trey Hendrickson Permission To Seek Trade

Last offseason, Trey Hendrickson asked for a trade in the wake of his extension efforts falling short. The Bengals kept him in place and still wish to do so, but this time he will be able to gauge his market.

The 2024 sack leader has been given permission to seek a trade, ESPN’s Adam Schefter reports. As the team seeks to forge a path which includes keeping Ja’Marr Chase and Tee Higgins in the fold, questions have lingered over the Bengals’ ability to keep Hendrickson as well. Today’s development could spur movement in his case. Ian Rapoport of NFL Network notes team and player met today to discuss the situation, with the Chase/Higgins duo being confirmed as Cincinnati’s priority.

[RELATED: Commanders, Falcons Showing Interest]

“It’s been an honor and privilege to represent Cincinnati over the last four years,” a statement from Hendrickson reads. “I love this city and organization. I appreciate the privilege of now being allowed to explore my options.”

Hendrickson joined the Bengals on a four-year, $60MM pact. The former Saint provided exceptional value when playing out the deal, earning a Pro Bowl nod in each of his first three Cincinnati campaigns. In July 2023, a one-year arrangement was worked out which saw the former Saint earn $21MM for the season. That temporary move did not yield a smooth negotiating process afterwards, however.

After setting a new career high in sacks (17.5) in 2023, Hendrickson approached the Bengals about an extension. Those talks did not produce traction, and in response the former third-rounder requested a trade at the draft. To little surprise, the Bengals did not give thought to such a move, and they also remained steadfast in avoiding an extension. Hendrickson suited up for the 2024 campaign and delivered another high-end season, matching the previous year’s sack total and earning first-team All-Pro acclaim.

One year remains on the 30-year-old’s pact, and his $16MM in scheduled compensation (well short of the top of the edge rush market) does not include any guaranteed salary. A trade would free up $16MM in cap space for the Bengals while generating a dead money charge of $2.67MM. Moving on from Hendrickson would, on the other hand, obviously create a massive vacancy on defense.

Cincinnati ranked 24th in the league in sacks this past season despite a full campaign from the Defensive Player of the Year runner-up. Improving along the edge was already a 2025 goal even with Hendrickson being retained (especially given Sam Hubbard‘s retirement). In general, shoring up other areas on defense will also be needed to avoid a repeat of last year’s failure to reach the postseason. Especially with an extension being needed upon arrival, suitors may not be willing to part with the assets needed for a trade to be seen as worthwhile from the Bengals’ perspective.

De facto general manager Duke Tobin made it clear in January the team was aware of the fact a notable raise would be required to keep Hendrickson in place, adding a willingness on the team’s part to authorize one. In spite of that, it was later reported the FAU product would be on board with a trade if it was necessary to secure a new contract. Interest could be shown in the build-up to free agency, especially if teams become convinced Browns star Myles Garrett is not available.

The edge rush market is due to see multiple financial surges this offseason. That process began yesterday when the Raiders made Maxx Crosby the league’s highest-paid non-quarterback. The Bengals may have to do the same with Chase, while Higgins (who received the franchise tag for the second year in a row) is also a target for a long-term contract. In any case, Hendrickson’s asking price has no doubt increased in the wake of the Crosby news and it remains very much in doubt if he will play a fifth campaign in Cincinnati.

Bengals Receiving Calls On Tee Higgins

In a rather complex position as the 2024 league year winds down, the Bengals appear to have established their priority regarding their extension candidates. Tee Higgins, who had previously been expected to depart in 2025, has taken the spot behind Ja’Marr Chase. Trey Hendrickson is now talking to other teams about a trade.

But it would not be an NFL trade window if Higgins wasn’t generating trade calls. The re-tagged wide receiver is indeed drawing more trade interest, with The Athletic’s Dianna Russini reporting multiple teams have reached out to the Bengals. Evidently seeing if the Bengals would be open to resolving their Chase-Higgins-Hendrickson quagmire by trading the older of their two receiver standouts, teams continue to monitor the player who may well have outflanked Sam Darnold on our latest free agent top 50. Again, however, Higgins will not see the market.

As this refrain goes, Cincy is not budging. The Bengals are informing teams Higgins is unavailable, Russini adds. Even after the five-year veteran missed five games for a second straight season, the Bengals remain committed to working out a deal. Higgins no longer appears a high-end rental.

Higgins trade talk began at the 2023 Combine, when Duke Tobin‘s “go find your own” comment set the trend here. The Bengals then rebuffed trade interest at the 2023 trade deadline, franchise-tagged the former second-rounder in 2024 and again brushed aside Higgins trade interest at the 2024 deadline. A second tag has since come out, as the Bengals were one of only two teams to use a tag this year. As Courtland Sutton appears to have vacated his spot as an oft-rumored trade chip, Higgins stands front and center as teams attempt to determine the Bengals’ path.

It is understandable that teams would call, seeing as everything was pointing to a Higgins 2025 exit — either via free agency or a tag-and-trade transaction. As Joe Burrow has continually stumped for the organization to retain his WR2, it appears the Bengals have gotten the message. After Tobin said he wanted Higgins back at the “right number,” earlier this offseason, Burrow’s media tour continued. While Hendrickson may be the odd man out, the Bengals are moving toward following the Eagles and Dolphins’ lead in having two high-priced receivers and a franchise quarterback on the books.

Not big on restructures or void years, the Bengals do hold $51.7MM in cap space. Some of that will need to be allocated to receiver deals, though backloading them would allow the team room to make shorter-term augmentations in free agency. Chase and the Bengals are not believed to be close on terms, as the superstar’s fifth-year option season looms. Chase is tied to a $21.8MM option number, while Higgins’ second tag is worth $26.2MM. Extensions would reduce those 2025 figures.

Higgins has been tied to a $30MM-per-year asking price, as he likely would have commanded it on the open market. Going into his age-26 season, Higgins has been fine staying in Cincinnati. Will this be the offseason his payday finally comes?

2025 NFL Top 50 Free Agents

After 2024 brought a record-setting salary cap spike, the 2025 league year introduced a jump that rivals it. We continue to see year-to-year leaps that dwarf what the 2011 CBA brought. Last year’s climb presented good news for many top-tier free agents; the batch that headlines this year’s market will be in line to follow suit. Now that the franchise tag deadline has passed, a clearer picture of the 2025 free agent market emerges.

The aim for PFR’s top 50 remains contract-based. Although players like Bobby Wagner and Tyron Smith are All-Decade-teamers bound for the Hall of Fame, they will not appear here. Big names are still part of this list. The wide receiver and cornerback markets are flooded with veterans seeking a second (or third) significant payday. As usual, this list centers around who will fare the best in terms of guaranteed money. Though, shorter-term contracts — in an effort to keep up with the cap surges — increasing in popularity has made gauging that component more complicated. With some help from trusted colleague Adam La Rose, here is our best effort at sorting through that.

Players who could be released at the start of the 2025 league year or soon after are not included, only those out of contract for the ’25 season appear below. Teams have until 11am CT March 10 to keep free agents-to-be off the market. In Year 33 of full-fledged NFL free agency, here are the top options for teams to target once the legal tampering period starts:

1. Sam Darnold, QB. Age in Week 1: 28

The quarterback tag has ballooned to $40.24MM, which proved to be too much for the Vikings to stomach. As Minnesota has a handful of starters nearing the market, circling back to Darnold at a (slightly) lower rate remains in play. But the Vikings will now run the risk of losing their 2024 J.J. McCarthy bridge, one that proved much sturdier than most expected.

For the second straight year, a Vikings quarterback headlines PFR’s Top 50 Free Agents list. Kirk Cousins came through with a four-year, $180MM deal in 2024, doing so despite entering an age-36 season and coming off an Achilles tear. The Falcons had a decade’s worth of starter work to evaluate with Cousins, who did not live up to the investment – which included $90MM guaranteed at signing. Darnold has only delivered one quality season. Like Cousins, Darnold excelled under Kevin O’Connell and targeting Justin Jefferson in an offense also featuring Jordan Addison and T.J. Hockenson. Teams’ hesitancy about Darnold’s chances of replicating his Pro Bowl season without similar weaponry is warranted.

This complicates Darnold’s bounce-back case — as does Darnold’s brutal January two-fer — but several teams need QBs during a year where the draft does not look like it will produce surefire answers. Although rumblings about Darnold having a modest market have circulated, he is the top option available and should have a few teams showing clear interest. The Raiders and Giants have been tied to Darnold, ditto the Browns. The Steelers should be interested, but they appear to have their sights set on re-signing Justin Fields. The 2021 draftee also has not put together the kind of season Darnold just did. If the Jets did not have the history they do with Darnold, they would make sense as a destination as well.

Drawing a $4.5MM offer in 2023 (from the 49ers) and choosing the Vikings’ $10MM proposal last March, Darnold has made a remarkable rise to this place. While his surge can be compared to Baker Mayfield’s, Darnold’s 2018 draft classmate had shown extended flashes in Cleveland. Darnold washed out of New York and was not a priority in Carolina, with the Panthers instead making a monster trade to acquire a No. 1 overall pick that went to Bryce Young. Darnold bided his time and has received extensive tutelage in the Kyle Shanahan and Sean McVay (via O’Connell) offenses.

Darnold’s 35 touchdown passes last season eclipsed his career high by 16; his 66.2% completion rate was more than four points better than his previous top number. Darnold’s previous best before his 4,319-yard season: 3,024 with the 2019 Jets. It is easy to see why skepticism exists, as a multiyear guarantee at a Mayfield-level rate (at least) will be required. Overpaying free agents is a tried-and-true NFL tradition, but someone will take a chance on Darnold being the answer. Mayfield received $50MM in total guarantees – on a three-year deal. Darnold could push to top that on a four-year pact, as the salary cap has spiked by another $24MM since the Mayfield-Buccaneers agreement. A Daniel Jones-like guarantee at signing ($81MM) is probably too high, but Derek Carr‘s $60MM number (ahead of an age-32 season) may not be.

The Vikings have Jones as a backup plan, a solution that would effectively make the ex-Giant the 2025 Darnold behind McCarthy. It would not make too much sense for Darnold, with his value where it now is, to accept a multiyear Vikings pact due to McCarthy’s presence. Similarly, re-signing Darnold would cut into Minnesota’s ability to capitalize on McCarthy’s rookie contract. A tag represented the most logical option to keep Darnold in the Twin Cities; that deadline passing opens the door to one of the more interesting QB free agencies in recent history.

The seven-year veteran, who has 56 pre-Minnesota starts teams can judge, will slide in as a player whom clubs can talk themselves into as having a Mayfield- and Geno Smith-like resurgence. Both QBs have sustained their belated breakouts, and that will help Darnold. Though, Smith and Mayfield did not relocate after breaking through. Darnold would be best positioned to sustain his by remaining a Viking, but McCarthy – whom the Vikings built their 2024 offseason around – has tremendous internal support. Bigger money should await elsewhere.

2. Josh Sweat, EDGE. Age in Week 1: 28

Fairly well regarded going into 2024, Sweat still needed to accept a pay cut to stay with the Eagles. As the team rearranged its defensive line after Fletcher Cox’s retirement, it opted to retain Sweat and swap out Haason Reddick for Bryce Huff. The latter’s $17MM-AAV contract is teetering on bust status, as he was a healthy scratch for Super Bowl LIX. Fortunately for the Eagles, they could rely on Sweat, who cemented his value with a dominant performance to expose All-Pro guard Joe Thuney as miscast at left tackle and remind suitors about a promising combination of production and prime years remaining.

Sweat showed the value agreeing to a three-year second contract can bring. That midrange 2021 extension (three years, $40MM) has Sweat set to play out the 2025 season at 28. He should be well positioned to cash in, with the 2.5-sack Super Bowl reminding of Shaq Barrett’s effort against Patrick Mahomes and Co. ahead of his free agency. Barrett, who was exiting his age-28 campaign when the Buccaneers barreled over the Chiefs in Super Bowl LV, signed a four-year deal worth $72MM. The cap has climbed by $97MM since.

Unlike Barrett, Sweat has no sack title on his resume. One double-digit sack season appears there; his 11-sack 2022 helped the Eagles threaten the 1984 Bears’ single-season record. Sweat leaving Philadelphia would stand to move all four of the double-digit sack performers from that ultra-productive season off the Eagles’ roster, with Brandon Graham expected to retire.

Sweat may become too expensive for an Eagles team, as creative as they are with contract structure, to afford. They are expected to lose their top EDGE. The Eagles have Nolan Smith in place as a starter and, theoretically, Huff at the other spot. Third-rounder Jalyx Hunt, who joined the Super Bowl sack brigade, is likely to see his role expand if Sweat departs (that is, if the Eagles cannot swing a Myles Garrett blockbuster).

After back-to-back seasons of 23 QB hits, Sweat only compiled 15 during his eight-sack 2024. That sack total still led the Eagles, whose defensive blueprint smothered the Commanders and Chiefs as the team peaked at the ideal point. Sweat’s 16 pressures still ranked only 92nd this past season, after his 37 in 2023 checked in 10th. The Super Bowl, however, probably put to rest any doubts about Sweat’s difference-making abilities, as the Chiefs had kept Mahomes cleaner for much of Thuney’s tackle stretch.

Jonathan Greenard fetched a four-year, $76MM deal from the Vikings last year. Greenard was two years younger than Sweat when he signed that contract. The cap having gone up coupled with the value Sweat showed post-Reddick gives him a good chance to eclipse that deal and move into the $20MM-plus-per-year bracket. Before this offseason’s EDGE payday frenzy takes place – as the likes of T.J. Watt, Micah Parsons and Trey Hendrickson are in contract years and Garrett is set to command a monster offer from the Browns (or another team) – Sweat will benefit from the cap spike with what should be a solid second-tier pact at the position.

3. Milton Williams, DT. Age in Week 1: 26

Like Sweat and Zack Baun, Williams picked a good time to break through. The 2021 third-round pick, who famously drew an on-air disagreement between Howie Roseman and veteran exec Tom Donahoe, helped the Eagles cover for Fletcher Cox’s retirement. Williams came in with career-high numbers in sacks (five) and QB hits (10) as a part-time starter last season. The Louisiana Tech product totaled 18 pressures as well, ranking sixth in DT pass rush win rate.

This emergence will set up the interior disruptor for a big payday. Williams adding three sacks between the NFC championship game and Super Bowl LIX, complete with the sack-strip-recovery sequence as the Eagles finished off their rout of the Chiefs, will help his cause. The Eagles have the futures of Jordan Davis and Jalen Carter to address. Although Williams expressed an openness to staying in Philly, the team’s roster math points him out of town.

Interior defensive line-wise, this is not a deep group of free agents. Especially after the Cowboys took Osa Odighizuwa off the market via a four-year, $80MM deal. That will help Williams, even though he does not have a take-notice resume, stats-wise. PFF, however, rated him as the No. 1 overall pass rusher among interior D-linemen. Williams will be a player to watch for a sneaky-big contract agreement.

Ex-Williams teammate Javon Hargrave scored $21MM-per-year terms in 2023 and the market then exploded. The spring-summer wave of extensions that year (Daron Payne, Dexter Lawrence, Jeffery Simmons, Quinnen Williams) elevated the non-Aaron Donald market. Nnamdi Madubuike, Chris Jones and Christian Wilkins established a new top tier in 2024, one that starts at $48.5MM fully guaranteed. Williams now has a chance to test the new market as a free agent, doing so after the cap climbed by nearly $25MM from when the last round of deals came to pass.

4. Ronnie Stanley, LT. Age in Week 1: 31

Not ultimately rewarding the Ravens for their then-top-market extension in 2020, Stanley both hurt his third-contract value while attached to that accord and belatedly saved face with a 2024 rebound. The Ravens gave Stanley a significant pay cut, reducing his base salary by $7.5MM, last year. The former No. 6 overall pick responded by playing in a career-high 17 games and earning his second Pro Bowl nod. Last season will not be enough to completely erase the previous four – which injuries largely defined – but Stanley is a talented player at the O-line’s premier position.

Pass block win rate placed Stanley 12th among tackles last season, while PFF was a bit more skeptical, ranking the Notre Dame alum 37th at tackle for the third straight slate. Not quite delivering on the promise he showed before the career-reshaping ankle injury – one that led to three surgeries before the 2021 season began – Stanley suiting up for every game last season will prompt suitors to strongly consider a franchise LT-level deal. A market beginning at $21MM AAV has been floated. Though, his having missed 36 games from 2020-23 will probably reduce the guarantee ceiling.

Had Stanley not sustained that injury in Week 6 of the 2020 season, he almost definitely would not be hitting free agency now. As the Bills (Dion Dawkins), Broncos (Garett Bolles) and Lions (Taylor Decker) showed last year, teams have a habit of keeping quality LTs off the market on third contracts. Those deals came between $20MM and $20.5MM per year. As our Nikhil Mehta pointed out, that could establish a clear price range for Stanley.

Terron Armstead also carried a lengthy injury history into free agency in 2022; the Dolphins still rewarded him with $30.12MM guaranteed on a $15MM-per-year pact. The cap having spiked by more than $70MM since then should raise Stanley’s floor beyond this point.

The Ravens, who lost three O-line starters last year, want to keep him. Will they be able to? Compensatory picks have regularly dictated Baltimore’s free agency strategy, but letting Stanley walk would create a big need – in an offseason in which versatile blocker/former Stanley sub Patrick Mekari is also unattached.

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RFA/ERFA Tender Decisions: 3/5/25

More teams made tender/non-tender decisions on restricted and exclusive rights free agents today. Here are the latest updates:

RFAs

Non-tendered:

Fraboni has served as the Broncos’ primary long snapper for each of the past two seasons, playing in all 17 games of each year as well as this year’s playoff contest. Denver will have until next Wednesday to keep him from hitting the market if they intend to retain him.

ERFAs

Tendered: 

The Broncos tendered all five of their exclusive rights free agents today. The Packers made an easy decision to retain Anderson, who started two games this year and recorded his first career interception.

Bengals DE Sam Hubbard Retires

As the Bengals prepare a plan for Trey Hendrickson, they have been informed their other defensive end starter will be out of the mix for 2025. Sam Hubbard announced his intention to retire.

A career-long Bengal who grew up in Cincinnati, Hubbard is just 29. He has been a regular starter since his second season, having previously signed an extension to stay with the team. Hubbard walks away after seven seasons, having notched 38.5 career sacks.

Attached to a four-year, $40MM extension, Hubbard was entering a contract year. The Bengals are not big on void years or other methods to create cap space, so this retirement will not come with strings attached beyond signing bonus proration. Cincinnati will save $9.51MM due to Hubbard’s decision.

Hubbard sustained a PCL injury in December and missed the final three games of the Bengals’ season. The popular Bengal cog did notch a safety last season but only finished with two sacks and three tackles for loss (though, he did catch a Joe Burrow touchdown pass against the Titans in what turned out to be his final game). For his career, Hubbard made important contributions to his hometown team’s cause. He closes his career with 55 TFLs — including three seasons with 10-plus — and was responsible for two memorable playoff sequences.

Hubbard’s second sack of Patrick Mahomes in the 2021 AFC championship game resulted in a forced fumble during a Bengals comeback win. A year later, Hubbard reeled off his signature NFL play, returning a fumble 98 yards against the Ravens in a wild-card win. The third-down sequence denied Baltimore a go-ahead touchdown in the fourth quarter, instead giving the home team a late lead. This became one of the most celebrated plays in Bengals history, with Hubbard’s connection to the city helping etch it in franchise lore.

The Bengals drafted Hubbard in the 2018 third round, bringing him in during Marvin Lewis‘ final year at the helm. The team had Hubbard in place for four seasons, extending him and trading longtime defensive end Carlos Dunlap. Hendrickson came aboard in 2021, the same year Hubbard landed his second contract. For his career, Hubbard earned more than $35MM.

Cincinnati used a 2023 first-round pick on D-end Myles Murphy but has not seen the Clemson product justify the investment. As the team has Hendrickson going into a contract year — with a potential extension coming, though trade rumors also have surfaced involving the 2024 NFL sack leader — questions loom at this spot. While Hubbard was in place as a Hendrickson sidekick, he gave the Bengals 88 career starts. Murphy did not record a sack last season, playing 13 games. The Bengals also have Joseph Ossai days away from free agency.

AFC North Notes: Gesicki, Bengals, Steelers, Garrett

The Bengals are interested in re-signing tight end Mike Gesicki before free agency, according to ESPN’s Jeremy Fowler.

The team was “very happy” with his performance last season and “would like to pay” him, per Fowler. The tight end market is projected to reach $8MM per year, which would be a significant raise on Gesicki’s 2024 salary of $2.5MM.

Gesicki caught 65 of his 83 targets for 665 yards and two touchdowns in his debut season in Cincinnati. His 78.3% catch rate and 62.7% success rate were both career-highs by significant margins, indicating that he was a strong fit in the Bengals offense.

The seven-year veteran certainly benefitted from the attention drawn by Ja’Marr Chase and Tee Higgins, but he was able to capitalize in a way other Bengals tight ends haven’t in recent years. In fact, Gesicki is the team’s first tight end to eclipse 600 receiving yards in a season since Tyler Eifert in 2015.

If Gesicki remains in Cincinnati, Juwan Johnson and Tyler Conklin will be the top tight ends in free agency. Their stock should improve with another option off the market, especially if Gesicki negotiates a strong deal with the Bengals.

  • Changes are coming to the Bengals linebacker room. Germaine Pratt is expected to leave Cincinnati this offseason, leaving Logan Wilson as the only returning starter. Director of player personnel Duke Tobin said at the Combine that the team was “looking at” the position and specifically mentioned tackling as an area of improvement, per Kelsey Conway of the Cincinnati Enquirer.
  • The Bengals may also adjust their safety usage in 2024 under new defensive coordinator Al Golden. Jordan Battle could be in line for a starting role after a strong finish to the season. “I think Jordan Battle really hit the ground running at the end of the season, and so I’m pleased with the direction that he’s headed,” said head coach Zac Taylor (via The Athletic’s Paul Dehner Jr.). “I’ve got a lot of confidence in him moving forward.” That may not necessarily mean a step back for Geno Stone, who started all 17 games in 2020. He was considered a potential cap casualty, but the Bengals are poised to carry him into 2025. Golden said that the current safety room was “a great starting point,” per Dehner, but didn’t rule out an addition at the position.
  • The Steelers have long been expected to re-sign one of their starting quarterbacks from last season. Justin Fields is still considered the favorite to return to Pittsburgh over Russell Wilson, per NFL Network’s Ian Rapoport. Fields is younger and may have more future upside for a Steelers offense that is desperately searching for stability under center.
  • The Combine has a history of accelerating trade talks, a trend that continued this year with multiple teams agreeing to deals in Indianapolis. The Browns, however, did not engage in any negotiations for Myles Garrett, per Mary Kay Cabot of Cleveland.com, Cleveland has been resolute in their opposition to moving Garrett since his trade request, and the two sides seem headed for a prolonged standoff.

Bengals Place Franchise Tag On Tee Higgins

As expected, Tee Higgins will not reach the market in 2025. The Bengals wideout announced on Monday he has been informed of the team’s decision to use the franchise tag on him for the second year in a row.

After Higgins was tagged last offseason, he wound up being the only player who did not eventually work out a long-term pact with his team. That created the expectation of a free agent departure in 2025, where the 26-year-old would have been by far the most sought-after receiver on the market. For the past two weeks, though, signs have pointed to the tag being used once again to prevent that scenario.

When applied the second time around, franchise tags cost 20% more than the previous year’s price. As such, tagging Higgins in 2025 will cost the Bengals $26.16MM. That figure will immediately come onto the team’s books, and the former second-rounder will earn that amount (which is guaranteed in full) if he signs the tag and plays on it next season.

Of course, the tag can be (and often is) used strictly as a placeholder to ensure additional time to negotiate a long-term deal. That was the goal in this situation last time around, but team and player did not come particularly close to an agreement. The sides will have until July 15 to hammer out a contract and avoid another season with Higgins’ future in doubt.

Higgins has worked as a highly effective complement to Ja’Marr Chase, who himself was unable to work out a Bengals extension last summer. The latter is in line to become the league’s highest earner for non-quarterbacks, something the Bengals stated their willingness to authorize at the Combine. In spite of that, the team’s latest offer has reportedly left the sides far apart in contract talks. Chase – who won the NFL’s ‘Triple Crown’ in 2024 – represents an obvious priority on a monster deal but Cincinnati also aims to keep Higgins in place for years to come.

Quarterback Joe Burrow has gone public with his desire to see each of Chase, Higgins and 2024 sack leader Trey Hendrickson retained for 2025 and beyond. Burrow is prepared to restructure his deal to help free up cap space in the immediate future, although Cincinnati has made a number of cost-shedding moves recently as well. Prior to today’s news, the team had roughly $69MM in cap space, but a large portion of that will now be committed to Higgins.

The Clemson product has topped 900 receiving yards four times in his five-year career. Having missed five games in each of the past two campaigns, injuries represent a factor to be considered by the Bengals, but Higgins was connected to a annual average value of $30MM or more in the event he hit the open market. Several suitors (regardless of if the Patriots would have been one of them) were in line to make significant offers. Now, only a tag-and-trade would allow for Higgins to play elsewhere next year.

The 2025 free agent class is short on impact receivers near Higgins’ age, and this year’s draft is not viewed in the same light as previous ones with respect to first-round prospects. Those factors will make the trade market something to watch closely at the position as teams look to make at least modest additions to their pass-catching corps. Deebo Samuel is headed to Washington, but Cooper Kupp is among the veterans set to be on the move soon.

The Chiefs have used the franchise tag to keep guard Trey Smith off the market. He and Higgins were set to among the best free agents (regardless of position) available at the start of the new league year next week. Sam Darnold remains the top option, although the Vikings could keep their 2024 starting quarterback in place by using the tag. A decision on that front will need to be made by tomorrow afternoon. In any case, the most attractive option at the skill positions will not test free agency.

Bengals Release G Alex Cappa

After three seasons with the Bengals, Alex Cappa‘s time with the organization has come to an end. The veteran guard was released on Monday, per a team announcement.

Cappa was added in 2022, the offseason in which Cincinnati aimed to rebuild much of its offensive line in very short order. He played out his rookie contract with the Buccaneers, spending three seasons as a full-time starter. That helped Cappa land a four-year, $35MM free agent pact with the Bengals.

No guaranteed salary remains on that deal for the 2025 campaign, however, a factor which made the 30-year-old a release candidate. This move thus comes as little surprise as a cost-cutting measure. The Bengals will generate $8MM in cap space with this release while incurring a dead money charge of $2.25MM.

Cappa handled starting right guard duties during his Bengals tenure, and he only missed one regular season game along the way. After producing a PFF evaluation roughly in line with his Buccaneers seasons, though, the former third-rounder saw his grade plummet to 50.5. That represents by far the worst mark of his career as a starter. In addition to gaining additional financial flexibility, the Bengals’ decision to move on will be aimed at finding an upgrade along the interior.

The Athletic’s Paul Dehner Jr. noted before the Combine both guard spots could be targets for the Bengals during this year’s draft (subscription required). With Cappa now out of the picture and Cody Ford a pending free agent, attention will increasingly turn to Cordell Volson. The 2022 fourth-round has started 48 of his 50 appearances to date, but as he approaches the final year of his rookie pact Cincinnati could look to find a replacement this offseason.

With the team’s latest cost-shedding move having been made, the Bengals now find themselves with nearly $69MM in cap space. They have work to do with the likes of pending free agent Tee Higgins along with extensions for Ja’Marr Chase and Trey Hendrickson, but today’s news means they have even more financial wiggle room in their bid to keep all three members of that trio in the fold.

Bengals Have Submitted Ja’Marr Chase Extension Offer; Sides Not Close To Deal?

The possibility loomed last offseason that Ja’Marr Chase would sign an extension making him the highest-paid non-quarterback in the NFL. The Bengals are well aware of the fact that will be required this time around to secure his future beyond 2025.

De facto general manager Duke Tobin said at the Combine earlier this week Cincinnati is prepared to authorize a deal which will move Chase to the top of the receiver pecking order. Doing so will require surpassing Justin Jefferson‘s Vikings extension signed last offseason ($35MM per year). An asking price of $40MM annually has been floated, although it remains to be seen where team and player stand with respect to finances at this stage of negotiations.

On that note, Dianna Russini of The Athletic writes an offer has been made to Chase’s camp (subscription required). Notably, though, she adds the sides are not close to an agreement at this point. The Bengals’ offseason to-do list includes not only working out a monster deal with Chase, of course, but also finding a resolution with fellow receiver Tee Higgins along with granting edge rusher Trey Hendrickson a raise.

Higgins is expected to receive the franchise tag for the second year in a row, something which will buy the Bengals time to work on a multi-year pact. Hendrickson requested a trade last year in the wake of his unsuccessful attempts to land a lucrative extension, and he would again be onboard with a deal sending him elsewhere if it resulted in a raise ahead of 2025. Tobin and the team remain confident agreements can be reached on all three fronts, but ensuring Chase is in place for the foreseeable future represents an obvious objective.

The 25-year-old won the ‘Triple Crown’ in 2024 by leading the NFL in receptions, yards and touchdowns. Chase could easily command a deal allowing him to join the six-man group of receivers averaging at least $30MM per season on his second contract as a result, but a larger-than-expected spike in the salary cap could help his cause even further. Quarterback Joe Burrow has been vocal about signing his former LSU teammate to a new pact but also managing to keep Higgins and Hendrickson in the fold.

The Bengals currently have roughly $61.5MM in cap space, a portion of which will be needed for a new Chase pact (although since his fifth-year option was picked up last spring, he is already on the books for 2025 at $21.82MM). A partial training camp holdout took place in this situation last summer with no deal being reached; plenty of time remains before such a scenario could come into play again, but progress will nevertheless apparently need to be made at the negotiating table.