Wednesday’s minor transactions:
Houston Texans
- Reverted to IR: DE Marcus Haynes
New York Jets
- Waived (with injury designation): RB Markese Stepp
Pittsburgh Steelers
- Signed: TE Izaiah Gathings
Wednesday’s minor transactions:
Houston Texans
New York Jets
Pittsburgh Steelers
MAY 29: Further details on the Collins deal are in, courtesy of Wilson. The pact includes guaranteed base salaries in its first two years (including $13.5MM in 2025), with $10MM of his $20MM 2026 salary becoming guaranteed on the fifth day of the 2025 league year. Collins will see the other half shift to a full guarantee in March 2026; the final year includes a non-guaranteed $21.25MM in base compensation.
To maximize the extension’s value, $750K in annual incentives from 2025-27 will need to be met. Collins will earn an additional $250K each for a Pro Bowl selection, recording 95 catches and posting 1,460 yards those seasons. Each year of the pact contains $625K in roster bonuses.
MAY 28: The Texans’ offensive success in 2023 included a breakout year for Nico Collins. The ascending wideout has landed a lucrative new deal as a result.
Collins and the Texans have agreed to a three-year extension, Dianna Russini of the Athletic reports. This pact will keep him on the books through 2027. Providing further details, ESPN’s Adam Schefter notes the deal has a base value of $72.75MM which can max out at $75MM. $52MM is guaranteed, and Aaron Wilson of KPRC2 adds Collins will collect a $17MM signing bonus.
The 25-year-old had a modest start to his career as a member of a low-output Texans passing game. Collins nevertheless showcased his potential as a deep threat in particular during that time, and expectations were raised with C.J. Stroud‘s arrival last year. The two formed a productive partnership in 2023, with Collins posting 1,297 yards and eight touchdowns on 80 catches.
With an annual average value of $24.25MM, this agreement is a strong indication the Texans feel Collins can continue to develop into a focal point on offense. The Michigan product was the team’s top option at the receiver position for much of the 2023 season, although Stroud initially showed a strong connection with third-round rookie Tank Dell. The latter’s season-ending injury paved the way for Collins to take on a larger role, and he will now be expected to remain a top producer.
A February report indicated a mutual interest existed between team and player in Collins’ case. Since then, Houston has acquired Stefon Diggs via trade, a move which adds a four-time Pro Bowler to the mix. Diggs has received at least 149 targets in five of the past six years, and it will be interesting to see how he fits in an offense returning Collins, Dell and tight end Dalton Schultz. The Texans signed Schultz to a three-year deal of his own this offseason, and Collins will join him as a member of the team’s long-term offensive plans.
Dell – who is recovering from a minor gunshot wound suffered this offseason – is on the books for three more years via his rookie pact. With he and Stroud under team control for years to come, Houston can afford to make investments such as this one. Diggs is due just over $22.5MM in 2024 before hitting free agency. Especially if he were to depart next year, Collins would comfortably reside as the Texans’ highest-paid receiver.
This deal will slot the former third-rounder into seventh in the NFL in terms of annual average compensation amongst receivers. The top of the market has been on an upward trajectory with recent deals, and number of ascending talents at the position are set to move the bar even higher in the near future. Collins has understandably not moved to the top of the pecking order, but his 2023 production has vaulted him near the league’s top earners at a premium position.
Today’s minor moves:
Baltimore Ravens
Houston Texans
Pittsburgh Steelers
The Ravens added some veteran depth to the middle of their defensive line today. Josh Tupou heads to Baltimore after spending the first chunk of his career with their division rival in Cincinnati. The nose tackle got into 65 games (23 starts) in seven years with the Bengals, collecting 86 tackles and a pair of sacks. He also got into five postseason games, compiling another six stops. He topped 400 defensive snaps in 2019 and 2021 (Tupou opted out of the 2020 campaign), but he’s been limited to around 280 snaps over the past two seasons. Senat spent the past two seasons with the Buccaneers, collecting 18 tackles in 15 games.
Haynes, a former UDFA out of Old Dominion, signed a reserve/futures contract with the Texans in February. The defensive end suffered a quadriceps injury that will likely lead to an injury settlement, per Aaron Wilson of KPRC2 in Houston.
In place since 1994, the salary cap jumped by a greater amount this year than any other in its history. The $30.6MM spike this year — producing a $255.4MM salary ceiling — led to some monster payments for top free agents, and the wide receiver ceiling is likely to reach the $35MM-per-year place once Justin Jefferson and CeeDee Lamb are signed. Teams, however, may be preparing for a less impactful rise in 2025. The cap should not be expected to balloon on the level it did this year, with the Dallas Morning News’ Michael Gehlken noting the early expectation is an increase of approximately $10MM. Once the 2011 CBA starting bringing cap growth by 2014, it leveled off at bumps of around $10MM per year as the 2010s wound down. That period will do well to prepare teams, as does the COVID-19-induced cap decline of 2021. But an expectation of a modest increase for 2025 will play into clubs’ big-ticket extension talks as this offseason progresses.
Here is the latest from around the NFL:
Representation in Super Bowls has not stretched wide in the AFC over the past decade. Since 2013, all of four franchises — the Broncos, Patriots, Chiefs and Bengals — have represented the conference in Super Bowls. The NFC in that span has produced seven Super Bowl entrants.
Since 2001, QB-driven graphics regarding Super Bowl participation primarily feature four faces — those of Tom Brady, Peyton Manning, Ben Roethlisberger and Patrick Mahomes. An AFC team employing a QB outside that quartet has only reached the Super Bowl three times (2002 Raiders, 2012 Ravens, 2021 Bengals) in 24 seasons. As the NFC has rolled out 21 Super Bowl QB starters since Brady’s first appearance, it has been quite difficult for outsiders to forge a path in the AFC.
This space used to ask which team was best positioned to KO the Patriots in the AFC. The Chiefs ended up getting there, first loading up around Mahomes’ rookie contract before assembling a low-cost (but highly effective) defense to help a team suddenly limited — beyond the Mahomes-Travis Kelce connection’s enduring brilliance — following the Tyreek Hill trade. As the Chiefs aim to become the first team since the mid-1960s Packers to threepeat (part one of Green Bay’s offering occurred before the Super Bowl era), which conference challenger is best built to disrupt their path back?
The AFC North appears a good place to start. The Ravens open the season with an Arrowhead Stadium trek and held the AFC’s No. 1 seed last season. Lamar Jackson skated to MVP honors, and Mike Macdonald‘s defense led the league in scoring. But familiar issues resurfaced for the team in the AFC championship game. An oddly pass-focused Baltimore effort ground to a halt, as Jackson committed two turnovers. Macdonald has since departed — the first Ravens coordinator to leave for a head coaching job since Gary Kubiak in 2015 — and ex-Baltimore linebacker Zach Orr moved into the DC post. The team also lost three starters up front. Although quiet in free agency (in terms of outside hires) beyond the splashy Derrick Henry addition, the Ravens added likely cornerback starter Nate Wiggins in Round 1 and kept Justin Madubuike off the market via the franchise tag and a quick extension.
Cincinnati has shown superior mettle against Kansas City since Joe Burrow‘s arrival, beating the Chiefs thrice in 2022 before falling as both teams battled key injuries in the January 2023 AFC title game. The Bengals losing Burrow in November removed a key obstacle in the Chiefs’ path, but the NFL’s highest-paid player is back. The team also retained Tee Higgins, being the only team left to have a player on the tag, and added new tackles in Trent Brown and Amarius Mims to join Orlando Brown Jr. The team revamped its safety corps by bringing back Vonn Bell and adding ex-Raven Geno Stone. Not many glaring issues are present in Cincinnati’s lineup, with longer-term matters — the receiver situation chief among them — the top roster storylines here.
Creeping into the playoffs despite a host of high-profile injuries on offense, the Browns showed their roster strength by shrugging off the injuries to Deshaun Watson, Nick Chubb and their tackles. Cleveland acquired Jerry Jeudy via trade and then extended him, and other than adding some Jeremiah Owusu-Koramoah supporting pieces at linebacker, returns the starters from a No. 1-ranked pass defense. Watson’s struggles, for the most part, since arriving via trade will continue to define where the Browns can venture.
Although the Bills parted with Stefon Diggs and Gabe Davis, looking past Buffalo — a four-time reigning AFC East champion that defeated the Chiefs in three straight seasons in Kansas City — would probably be a mistake. The Bills made some cost-cutting moves, most notably disbanding its seven-year safety duo of Micah Hyde and Jordan Poyer (though Hyde remains in play to return), and saw concerning form from Von Miller following his second ACL tear. The Bills also lost Leonard Floyd in free agency. Focus will understandably be aimed at Buffalo’s WR crew, which now houses Curtis Samuel, second-rounder Keon Coleman and ex-Chief Marquez Valdes-Scantling (who certainly places a premium on QB talent). The Chiefs’ issues staffing their wideout spots last year provided a lingering problem; will the Bills make a higher-profile addition down the line?
With their backs to the wall, the Joe Douglas–Robert Saleh regime will count on Aaron Rodgers belatedly delivering. The duo may or may not have attempted to strip power from OC Nathaniel Hackett, who is coming off a brutal two-year stretch. The Jets effectively replaced Bryce Huff with a more proven rusher in Haason Reddick and added Mike Williams as a supporting-caster on offense. The team will hope its pair of 33-year-old tackles — Tyron Smith, Morgan Moses — holds up, while Olu Fashanu looms as a long term tackle piece and potential short-term guard. Can the Jets do enough offensively to capitalize on their defensive nucleus of the past two seasons?
The Texans sit as a fascinating piece of this puzzle, given their outlook going into the first three seasons of Nick Caserio‘s GM tenure. After low-key offseasons from 2021-23, Houston added Diggs and a few notable defenders to the DeMeco Ryans-led roster. Danielle Hunter and Denico Autry join ex-Ryans 49ers pupil Azeez Al-Shaair as key defensive additions. Although Diggs struggled down the stretch in his final Bills season, he certainly played a lead role in elevating Josh Allen‘s stature. The Texans, who have C.J. Stroud on a rookie deal through at least 2025, will hope the Pro Bowler pairs well with Nico Collins and the returning Tank Dell.
Miami and Jacksonville’s roster equations figure to change soon, as respective extension talks with Tua Tagovailoa and Trevor Lawrence are ongoing. The Dolphins have faded badly under Mike McDaniel and did not seriously threaten the Chiefs in a frigid wild-card game, though they have obviously shown elite offensive capabilities in the right environment. Handing the play-calling reins to OC Press Taylor in 2023, the Jaguars did not build on a strong 2022 finish. The Steelers also present one of the highest floors in NFL history, and they have upgraded at quarterback by adding two options — in Justin Fields and likely starter Russell Wilson. But they also have not won a playoff game since the six-field goal offering against the Chiefs — a game that represented the final shove for Kansas City to trade up for Mahoemes — seven years ago.
The Texans emerged from the NFL’s basement last season. Is there a stealth contender lurking? The Chiefs’ division does not look particularly imposing, once again, though Jim Harbaugh now overseeing Justin Herbert is certainly an interesting development. The national championship-winning HC has authored turnarounds everywhere he has gone.
No team has qualified for five Super Bowls in a six-year period, and none of the Super Bowl era’s threepeat efforts have reached the final stage; the 1990 49ers came closest, losing on a last-second field goal in the NFC title game. Who is poised to be the best Chiefs deterrent on their path to a threepeat? Vote in PFR’s latest poll and weigh in with your AFC thoughts in the comments section.
This offseason has brought changes to the wide receiver market, but a host of wideouts chosen early in the 2020 draft have taken center stage. Most NFL teams have authorized a big-ticket (by today’s standards) deal for a wide receiver. Ranked by guaranteed money and excluding rookie contracts and accords acquired via trade, here is the most lucrative WR deal in each franchise’s history.
Larry Fitzgerald‘s seven-year, $113MM extension (August 2011) holds the Cardinals standard for total value, but Hopkins’ pact checks in higher in terms of guarantees and AAV.
In total, Michael Crabtree‘s 2018 deal (worth $21MM) and Derrick Mason‘s 2005 agreement ($20MM) surpass Beckham’s. But the 2023 Baltimore rental’s guarantee came in higher.
The Browns have featured three higher-paid receivers on their roster since Landry’s contract, but both Odell Beckham Jr. and Amari Cooper arrived via trade and played on contracts designed by other teams. Jerry Jeudy‘s AAV ($17.5MM) on his 2024 extension also outpaces Landry’s, though the recent trade pickup’s total guarantee falls short here.
Courtland Sutton‘s 2021 extension carries a higher AAV ($15MM) but included $18.85MM guaranteed.
DeAndre Hopkins‘ 2017 re-up included more in total value but a lower AAV and guarantee
Tyreek Hill‘s 2022 extension tops his teammate for AAV ($30MM) but came in just south for guarantees ($72.2MM)
JuJu Smith-Schuster‘s 2023 deal trails Agholor’s in AAV but carried the same full guarantee. Danny Amendola‘s full payout ($28.5MM) in 2013 tops both deals.
Allen Lazard‘s 2023 deal and Santonio Holmes‘ contract back in 2011 brought more in total value ($44MM and $45MM, respectively) but did not match Davis’ for guarantees.
Antonio Brown‘s four-year, $68MM extension in 2017 also included a $19MM guarantee at signing but trailed Johnson’s in terms of total guarantees.
Chris Godwin‘s 2022 deal beats Evans’ for at-signing guarantees ($40MM), while the all-time Bucs receiving leader’s 2024 agreement leads the way in AAV ($20.5MM).
Offensive line injuries represented part of the reason the Texans burned through their eight IR activations last season, but multiple pieces were unable to return following injuries. Kenyon Green was among them.
Chosen 15th in the 2022 draft, Green worked as the Texans’ primary left guard starter as a rookie but did not play at all in 2023. A torn labrum sidelined the Texas A&M in August, and he underwent surgery. DeMeco Ryans confirmed this week Green is back at full strength.
“I think that was Kenyon’s biggest thing,” Ryans said of Green’s health, via KPRC2’s Aaron Wilson. “Once he gets over that hurdle, now we can see how good of a football player Kenyon can actually be when he’s not battling and dealing with injuries. So, I’m excited of what’s ahead for Kenyon because he’s really put in the work to give himself a really good chance this year.”
Green was never eligible to return from IR last season, having been placed on the injured list before Houston finalized its initial 53-man roster. This shut down Green for the season, denying a chance at a bounce-back effort from a disappointing rookie season. Pro Football Focus ranked Green as the worst guard regular in 2022, viewing him as particularly embattled in pass protection. Prior to the shoulder operation last year, Green had already undergone two knee surgeries, including an arthroscopic procedure during the 2023 offseason, since joining the Texans as part of the Deshaun Watson trade.
The Texans used the Watson first-rounders to trade down for Green, up for Will Anderson Jr. and then out of the 2024 first round (via the Vikings) to stockpile more draft capital. While Anderson showed immediate standout potential by winning Defensive Rookie of the Year acclaim, Green is already at a career crossroads. He is believed to be in better condition midway through his third Texans offseason program, but the past two years create questions about the former All-American’s viability as an NFL starter.
As Kenyon Green aims to avoid bust status, he is poised to match up against Kendrick Green and Jarrett Patterson in the primary competition for the Texans’ left guard post, Wilson notes. This would stand to move Juice Scruggs, who played all 439 of his rookie-year snaps at left guard, to center. The Texans lost just about every O-lineman to injury at some point last season. Scruggs, Patterson, Tytus Howard, Laremy Tunsil and Kendrick Green were also among them. Acquired on roster-cutdown day from the Steelers, Kendrick Green joined Kenyon Green in suffering a season-ending injury.
Each of Howard’s 2023 snaps came at left guard as well, but the 2019 first-rounder’s journey across the O-line appears pointed back to right tackle. The Texans drafting tackle Blake Fisher in Round 2, a year after extending Howard on an $18.7MM-per-year deal, adds depth and intrigue to Houston’s O-line. Howard went down with a season-ending knee injury in November. The Texans have durable right guard Shaq Mason going into his second season with the team, but left guard will be a place to monitor on Houston’s depth chart this offseason.
David Johnson was out of the NFL in 2023, and he will not attempt a return this coming season. The veteran running back announced his retirement on Sunday.
Johnson spent his first five seasons with the Cardinals, enjoying his most productive campaigns in the desert. His career was highlighted by the 2016 season in which he led the league in offensive touches (373), scrimmage yards (2,118) and total touchdowns (20). Those figures helped him earn Pro Bowl and first-team All-Pro honors for the first and only time during his NFL tenure.
The Northern Iowa product suffered a wrist injury the following season, and it limited him to just one contest. Johnson bounced back in 2018, though, producing 1,386 total yards and again scoring double-digit total touchdowns. After seeing a dip in playing time during his final Cardinals campaign, the former third-rounder was included in the DeAndre Hopkins trade. That set up a two-year Texans stint.
Johnson served as a full-time starter in 2020, but he took on a rotational role the following year. Upon the expiration of his Houston pact, he had a lengthy stay on the open market which ultimately ended in a Saints practice squad agreement. Johnson played five games with New Orleans in 2022, but he has not found a deal since. Rather than pursuing a tryout with teams eyeing veteran backfield depth this summer, he will hang up his cleats.
The 32-year-old will end his career with 92 regular season games to his name. Having spent much of his career on rebuilding teams, his only two playoff contests came during his rookie season. Thanks in large part to his 2018 Cardinals extension, Johnson amassed roughly $38.6MM in career earnings.
“I’m looking forward to my next career path in life,” his announcement reads in part. “I don’t know exactly what that will be, but I hope it will bring me the same passion, excitement, and love as football did!”
Tank Dell suffered minor injuries as one of the victims of an April nightclub shooting, but his recovery has gone well to date. The second-year Texans wideout is on track to take part in the team’s offseason workouts, although he could be limited for the time being.
Dell was hit in the leg, but his injuries required only a brief hospitalization. Aaron Wilson of KPRC2 confirms no structural damage was suffered, and the 24-year-old is thus expected to make a full recovery. When addressing the situation, his trainer noted full participation in upcoming OTAs and minicamp should not be expected.
“I think [head coach] DeMeco [Ryans] will sit him out until the big camp in July,” Delfonte Diamond said (via Wilson). “I’m sure he’ll watch practice. DeMeco wants him to do routes on air. He’ll be at practice, I’m sure, but not full-go.”
Dell is of course also recovering from the fractured fibula which ended his encouraging rookie campaign. The Houston product was expected to be healthy in time for OTAs prior to the shooting, but his timeline to return to full practices has obviously been altered. A cautious approach on the team’s part would come as no surprise given Dell’s importance to Houston’s passing game.
The third-rounder totaled 709 yards and seven touchdowns in 11 games last year. He received at least eight targets on five occasions during that span, developing early chemistry with quarterback C.J. Stroud. Regaining that form would go a long way to the team repeating its success from 2023, although Houston also has Nico Collins – who had a career year last season – returning for 2024. The team traded for Stefon Diggs this offseason, and the four-time Pro Bowler will provide Stroud with another high-profile target.
Still, Dell proved he is capable of handling starting duties last season, so his recovery will be worth monitoring this summer. As things stand, though, he should be back to full participation by the time training camp begins in mid-July.
Today’s rookie draft pick signings as we head into the weekend:
Atlanta Falcons
Houston Texans
Bullock joins a talented group in Houston and will have a chance to learn behind a veteran in Jimmie Ward before eventually having a chance to earn the starting job.
Trice becomes the third pass rusher selected in the first three rounds by the Falcons in as many years. With Arnold Ebiketie and Zach Harrison showing limited production in short samples, Atlanta will hope for a more immediate impact from Trice.