With C.J. Stroud locked into rookie-deal money through at least 2025, the Texans have a rare opportunity. They can build around a low-cost quarterback who showed star potential as a rookie. The team made some moves to capitalize this offseason, deviating from a conservative first three years — with regards to free agency — under Nick Caserio.
The Texans added the likes of Stefon Diggs, Danielle Hunter, Azeez Al-Shaair and Denico Autry. Houston hoped to bring in a higher-salary target at running back as well, but mutual interest between the team and Saquon Barkley did not produce a deal. Despite rostering Jalen Hurts on a $51MM-per-year contract, the Eagles landed Barkley on a three-year, $37.75MM deal that includes $26MM guaranteed at signing. Barkley sits as the NFL’s fourth-highest-paid RB, cashing in after Giants negotiations produced a lesser offer and a franchise tag last summer.
Houston was willing to go into this neighborhood for Barkley, according to KPRC2’s Aaron Wilson, who reports the team offered the two-time Pro Bowler a three-year deal worth just north of $33MM. The AAV here checks in just south of Barkley’s $12.58MM Philly number, but given the guarantee at signing the Eagles authorized, it is unsurprising the 2018 Offensive Rookie of the Year made the choice he did.
The wave of RB contracts authorized in the early 2020s have led to a few high-profile releases, pay cuts or trades. Ezekiel Elliott, Dalvin Cook, Aaron Jones, Joe Mixon and Derrick Henry are no longer attached to eight-figure-per-year accords. The Browns slashed Nick Chubb‘s pay last month, as the perennial Pro Bowler is coming off two knee surgeries, and Josh Jacobs‘ Packers deal only includes $12.5MM guaranteed at signing. Given the state of the RB position, Barkley did well to score the guarantee did he going into his seventh season.
Barkley, 27, said he was drawn to the Texans before considering the Eagles. But the Penn State alum certainly has Pennsylvania ties; much of his family is from the area. Although the Texans had the Eagles beat for cap space, they stood down on Barkley. The team soon gave Hunter a near-fully guaranteed contract and made an interesting commitment to Mixon. Just before the Bengals were set to release their seven-year starter, the Texans agreed to send a seventh-round pick for the veteran back. Mixon soon agreed to new terms with the Texans — two years, $19.75MM ($13MM guaranteed).
The Texans ended up giving Mixon a better deal than they proposed Devin Singletary, per Wilson, who adds the team offered its primary 2023 starter a contract averaging $4MM per year. Singletary agreed to a three-year, $16.5MM deal (with $9.5MM fully guaranteed) to reunite with Brian Daboll in New York.
As a Wilson pre-free agency report suggested, the Texans did discuss terms with Tony Pollard and D’Andre Swift. Pollard ended up with the Titans (three years, $21.75MM) and Swift became the first UFA from this year’s class to commit to a team, signing a three-year, $24MM deal with the Bears.
Only Barkley and Swift ($14MM) scored more fully guaranteed money among this year’s free agent RBs than Mixon, who is coming off his fourth 1,000-yard rushing season but has 1,854 career touches — third-most among active backs. Charged with elevating a Texans rushing attack that ranked 22nd last season, Mixon is going into his age-28 slate.
The Texans will count on Mixon, but Caserio said (via SI.com’s Coty M. Davis) Dameon Pierce — who followed up an impressive rookie season with a down 2023 — remains a “big part” of the team’s 2024 plan. The 2022 fourth-rounder averaged just 2.9 yards per carry last season, seeing Singletary usurp him as the Texans’ lead back down the stretch. The younger back will have a chance to rebound, albeit in a now-Mixon-fronted backfield.