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PFR Glossary: The Fifth-Year Option

This week brings the annual deadline for teams to exercise or decline fifth-year options, with the 2021 first-round class in the crosshairs this year. That group marks the fourth crop of first-rounders to have their fifth seasons evaluated with fully guaranteed money in play, but the fifth-year option has existed since the 2011 CBA.

With first-round contracts becoming increasingly burdensome as the 2000s progressed, 2011’s lockout-marred offseason produced a rookie pay scale that remains in place today. The slot system also ended teams’ ability to sign first-round picks to six-year contracts, as Sam Bradford, Trent Williams and a few others from the 2010 draft received (while attached to deals that dwarfed some impact veterans’ accords).

As owners removed lavish rookie contracts from the game, they gave up a year of control. Draft-slot contracts have spanned four years since the July 2011 agreement, but the fifth-year option — available on first-rounders’ rookie deals — became a way for teams to retain their top picks without extension costs entering the picture.

A loophole existed that further benefited teams during the 2011 CBA’s version of the fifth-year option. As second- through seventh-round draftees could hit free agency following their fourth seasons — making teams more likely to negotiate ahead of Year 4 — first-rounders both could be tied to a fifth season and then see their team bail on the option free of charge by March of Year 5.

The 2011 CBA guaranteed the options for injury only, meaning a team could move on from a player with no dead money if the player passed a physical at the start of the league year. This allowed teams to put off negotiations for extension-eligible players into Year 5 and also gave clubs the freedom, provided the player was healthy, to escape a first-rounder’s rookie contract before the money became guaranteed when the league year began.

This happened on a few occasions, with Robert Griffin III being the most memorable example. Washington picked up RG3’s fifth-year option in 2015 but cut him, after bubble-wrapping the former No. 2 overall pick behind Kirk Cousins, in March 2016. The 2020 CBA addressed this issue. When teams exercise a player’s option now, his fifth season is fully guaranteed.

The 2020 CBA also changed the structure of the fifth-year option. Exercising an option from 2014-20 meant players drafted from Nos. 1-10 were tied to the value of their position’s transition tag. For players chosen from Nos. 11-32, the option came out to the average of the third-25th-highest salaries at their position. With the 2020 CBA fully guaranteeing the options, it also introduced a performance- and participation-based system that divided each position’s option prices into four tiers.

Players selected to two or more Pro Bowls (original ballot only) in their first three seasons reside on the top tier, which matches the franchise tag value. Micah ParsonsPatrick Surtain and Ja’Marr Chase checked in on that tier this year. Tier 2 covers first-rounders who earned one original-ballot Pro Bowl invite over their first three seasons; this level matches the transition tag number. Rashawn Slater and Kyle Pitts‘ option prices came in here. Participation covers the final two tiers. Players who achieve any of the following will receive the average of the third-20th-highest salaries at their position:

  • Players who averaged at least a 75% snap share through three seasons
  • Those who logged at least a 75% snap share in two of their first three seasons
  • Those who crossed the 50% snap barrier in each of their first three seasons

Tier 4 covers players who did not meet these participation standards; those players’ options come out to the average of the third-25th-highest salaries at the position. Teams have until May 2 to exercise or decline options. With the 2020 CBA not set to expire until March 2031, this option format stands to be in place for a while.

Note: This is a PFR Glossary entry. Our glossary posts explain specific rules relating to free agency, trades, or other aspects of the NFL’s Collective Bargaining Agreement. This post was modified from an earlier entry by Zach Links. 

First-Round QBs Traded Since 2000

The Broncos and Jets’ Zach Wilson trade means four members of the five-QB 2021 first round are now finishing out their rookie contracts elsewhere. This offseason has brought more activity in terms of quarterback trades, with a handful of 2021 and ’22 QB draftees being dealt. The 2020s have presented a hotbed for deals involving former first-round QBs, but a number of trades relocating former top passing prospects have come to pass over the past two decades.

Beginning with a rather eventful sequence during the 2004 draft, here are first-round passers chosen since 2000 who have been traded:

2004

  • Draft-day exchange sent No. 1 overall pick Eli Manning‘s rights to Giants; Chargers received rights to No. 4 choice (Philip Rivers), 2004 third-round pick, 2005 first-, fifth-rounders

2006

2009

  • Bears landed Jay Cutler, 2009 fifth-round pick from Broncos for Kyle Orton, 2009 first-, third-round picks, 2010 first-rounder

2010

2011

  • At trade deadline, Raiders end Carson Palmer‘s retirement stay by sending Bengals 2012 first-round pick, 2013 second-rounder

2012

  • Shortly after Peyton Manning‘s free agency decision, Jets acquired Tim Tebow, 2012 seventh-round pick from Broncos for 2012 fourth-, sixth-rounders

2013

  • Chiefs acquired Alex Smith from 49ers for 2013, 2014 second-round picks
  • Cardinals obtained Carson Palmer, 2013 seventh-round pick from Raiders for 2013 sixth-rounder, 2014 seventh

2014

2015

2016

2018

2019

2021

2022

2023

2024

2025

5 Key Stories: 4/21/24 – 4/28/24

This past weekend saw the 2024 draft come and go, marking a major checkpoint on the offseason calendar. As usual, other key developments took place on the roster-building front leading up to the event, however. In case you missed anything from the past seven days, here is a quick recap:

  • Williams, QBs Headline First Round: As expected, quarterbacks dominated the top of the Day 1 orderCaleb Williams (Bears), Jayden Daniels (Commanders) and Drake Maye (Patriots) were the first three players to hear their names called. Atlanta then provided the night’s largest surprise by selecting Michael Penix Jr. eighth overall. That was followed by a trade-up (albeit a smaller one than many predicted) by the Vikings, who drafted J.J. McCarthy at No. 10. Rounding out the run on signal-callers, Bo Nix was added by the Broncos. A record-breaking stretch of 137 picks ensued after that selection before the next QB, but those six teams each added an intriguing rookie to their depth charts.
  • Chiefs Extend Reid, Veach, Donovan: Andy Reid has faced questions about retirement in recent years, but he put those to rest by agreeing to a new Chiefs extension. General manager Brett Veach as well as president Mark Donovan are also attached to new contracts, and as such Kansas City’s top decision-makers will be in place for the foreseeable future. Reid has climbed to fourth on the all-time wins list during his decorated time with the Chiefs while Veach has enjoyed considerable success alongside him since they joined the team in 2013. Four Super Bowl appearances in the past five years – including three titles – have helped the Chiefs become the league’s most decorated team in recent seasons, and the continued presence of a strong core headlined by Patrick Mahomes means they will likely remain contenders for years to come.
  • St. Brown, Sewell Land Massive Lions Deals: Prior to the draft kicking off, the Lions hammered out deals with two major contributors of their offense. Both wide receiver Amon-Ra St. Brown and right tackle Penei Sewell signed lucrative extensions keeping them in place through 2028 and ’29, respectively. The former inked a four-year pact averaging just over $30MM per year; it includes $77MM in guarantees, over $35MM of which is locked in at signing. The latter, meanwhile, is in line to collect $28MM per season on his own four-year accord. Sewell’s deal is the most expensive one ever given to an O-lineman and it shatters the record for value in terms of right tackles. Both All-Pros will be counted on to remain key producers for years to come in Detroit while commanding large financial commitments.
  • Eagles Extend Brown: Not long after St. Brown reached the summit of the receiver market, A.J. Brown moved to the top of the pecking order with an Eagles extension. Two years still remain on the pact he signed upon arrival in Philadelphia, but the 26-year-old landed $96MM on a three-year add-on which will keep him in the fold through 2029. The Eagles recently gave DeVonta Smith a three-year, $75MM extension and that pact moved him into a tie with Brown in terms of annual average value. Coming off a second straight 1,400-yard season, though, the latter is now once again the highest earner in Philadelphia’s skill position group. In all, the Eagles have now made four lucrative investments regarding in-house players on the offensive side of the ball this offseason.
  • Jets Deal Wilson To Broncos: Prior to selecting Nix – a decision which many pointed to being on the table – the Broncos acquired Zach Wilson from the Jets. The latter was known to be on the trade block, and New York received offers well before the Denver swap came to pass. Wilson, 24, struggled mightily during his time as a Jets starter and the team signed Tyrod Taylor this offseason to serve as Aaron Rodgers‘ backup. With Wilson’s trade having been worked out, four of the five QBs selected in the opening round of the 2021 draft (all but Trevor Lawrence) have now been dealt to a new team. In Wilson’s case, he will join a depth chart which features Nix, Jarrett Stidham and Ben DiNucci. Attached to his rookie pact for one more year, it will be interesting to see how Wilson develops under head coach Sean Payton as he aims to rebuild his value.

2025 NFL Fifth-Year Option Tracker

NFL teams have until May 2 to officially pick up fifth-year options on 2021 first-rounders. The 2020 CBA revamped the option structure and made them fully guaranteed, rather than guaranteed for injury only. Meanwhile, fifth-year option salaries are now determined by a blend of the player’s position, initial draft placement and performance- and usage-based benchmarks:

  • Two-time Pro Bowlers (excluding alternates) will earn the same as their position’s franchise tag
  • One-time Pro Bowlers will earn the equivalent of the transition tag
  • Players who achieve any of the following will receive the average of the third-20th-highest salaries at their position:
    • At least a 75% snap rate in two of their first three seasons
    • A 75% snap average across all three seasons
    • At least 50% in each of first three seasons
  • Players who do not hit any of those benchmarks will receive the average of the third-25th top salaries at their position

With the deadline looming, we will use the space below to track all the option decisions from around the league:

  1. QB Trevor Lawrence, Jaguars ($25.66MM): Exercised
  2. QB Zach Wilson, Broncos* ($22.41MM): Declined
  3. QB Trey Lance, Cowboys** ($22.41MM): Declined
  4. TE Kyle Pitts, Falcons ($10.88MM): Exercised
  5. WR Ja’Marr Chase, Bengals ($21.82MM): Exercised
  6. WR Jaylen Waddle, Dolphins ($15.59MM): Exercised
  7. T Penei Sewell, Lions ($19MM): Extended through 2029
  8. CB Jaycee Horn, Panthers ($12.47MM): Exercised
  9. CB Patrick Surtain, Broncos ($19.82MM): Exercised
  10. WR DeVonta Smith, Eagles ($15.59MM): Extended through 2028
  11. QB Justin Fields, Steelers*** ($25.66MM): Declined
  12. DE Micah Parsons, Cowboys ($21.32MM): Exercised
  13. T Rashawn Slater, Chargers ($19MM): Exercised
  14. OL Alijah Vera-Tucker, Jets ($13.31MM): Exercised
  15. QB Mac Jones, Jaguars**** ($25.66MM): Declined
  16. LB Zaven Collins, Cardinals ($13.25MM): Declined
  17. T Alex Leatherwood, Raiders: N/A
  18. LB Jaelan Phillips, Dolphins ($13.3MM): Exercised
  19. LB Jamin Davis, Commanders ($14.48MM): Declined
  20. WR Kadarius Toney, Chiefs***** ($14.35MM): Declined
  21. DE Kwity Paye, Colts ($13.4MM): Exercised
  22. CB Caleb Farley, Titans ($12.47MM): Declined
  23. T Christian Darrisaw, Vikings ($16MM): Exercised
  24. RB Najee Harris, Steelers ($6.79MM): Declined
  25. RB Travis Etienne, Jaguars ($6.14MM): Exercised
  26. CB Greg Newsome, Browns ($13.38MM): To be exercised
  27. WR Rashod Bateman, Ravens ($14.35MM): N/A; extended through 2026
  28. DE Payton Turner, Saints ($13.39MM): Declined
  29. CB Eric Stokes, Packers ($12.47MM): Declined
  30. DE Greg Rousseau, Bills ($13.39MM): Exercised
  31. LB Odafe Oweh, Ravens ($13.25MM): Exercised
  32. LB Joe Tryon-Shoyinka, Buccaneers ($13.25MM): Declined

* = Jets traded Wilson on April 22, 2024
** = 49ers traded Lance on August 25, 2023
*** = Bears traded Fields on March 16, 2024
**** = Patriots traded Jones on March 10, 2024
***** = Giants traded Toney on October 27, 2022

Top-Five Draft Picks Traded Since 2000

Trades that involve top-five picks do not happen annually, though a few drafts over the past two decades have seen multiple top-five choices change hands. The Chargers and Giants technically completed the most memorable exchange, but 2004’s Eli ManningPhilip Rivers swap occurred after both players were picked. Regarding moves completed before teams made their selections, here are the top-five picks traded during the 21st century:

2000

  • As part of 1999’s Ricky Williams trade, Washington acquires Saints‘ No. 2 overall pick (LB LaVar Arrington)
  • Washington trades Nos. 12, 24, 119, 154 to 49ers for No. 3 overall (T Chris Samuels)
  • During 1999 draft, Ravens acquired 2000 first-rounder (No. 5; RB Jamal Lewis) in exchange for Falcons‘ 1999 second (No. 42).

2001

  • Falcons obtain No. 1 overall (QB Michael Vick) from Chargers in exchange for Nos. 5 (RB LaDainian Tomlinson), 67, along with 2002 second-rounder and WR Tim Dwight

2003

  • Jets deal Bears Nos. 13, 22, 116 for No. 4 (DT Dewayne Robertson)

2009

2012

2013

  • Dolphins trade Nos. 12 and 42 to Lions for No. 3 (DE Dion Jordan)

2014

  • RG3 trade gives Rams No. 2 overall (T Greg Robinson) from Washington
  • Bills acquire No. 4 (WR Sammy Watkins) from Browns in exchange for No. 9, along with 2015 first-, fourth-round picks

2016

  • Moving to No. 1 (QB Jared Goff), Rams send Titans Nos. 15, 43, 45, 76, 2017 first-, third-round picks in exchange for 2016 fourth-, sixth-rounders
  • Eagles acquire No. 2 (QB Carson Wentz), 2017 fourth-rounder from Browns for Nos. 8, 77 and 100, along with 2017 first-rounder, 2018 second

2017

2018

2021

  • 49ers obtain No. 3 (QB Trey Lance) from Dolphins for No. 12, along with 2022, 2023 first-rounders, 2022 third

2023

2024

Prospect Profile: Bo Nix

Quarterback has been a position of significant intrigue ahead of the 2024 NFL Draft. The least intriguing piece is USC’s Caleb Williams, who has been slotted into the No. 1 overall pick pretty much since the end of the 2023 NFL Draft. For several weeks now, a prediction that three other quarterbacks (LSU’s Jayden Daniels, North Carolina’s Drake Maye, and Michigan’s J.J. McCarthy) are expected to occupy the three picks immediately following the presumed selection of Williams, in some order. After those four, only two other names have been mentioned as potential first round passers: Washington’s Michael Penix Jr. (who received a Prospect Profile a month ago) and Oregon quarterback Bo Nix.

Nix started off his high school career at Scottsboro School (Alabama) before following his father, former Auburn quarterback Patrick Nix, who had just been hired as the head coach at Pinson Valley HS (Alabama) closer to Birmingham. A fractured left ankle kept the younger Nix from thriving in his first year at the new school, but he made a return in time to lead Pinson Valley to a state championship title. He absolutely dominated his senior year, leading his school to their second straight state title and getting ranked by 247Sports as the nation’s 62nd best overall recruit and second-best dual-threat quarterback behind Daniels. Other recruiting services had him as a five-star quarterback and the top dual-threat passer in the nation.

Sitting smack dab between Alabama and Auburn, Nix was recruited heavily by both programs. It did not take much to persuade Nix, though, as he committed to his father’s alma mater before his senior season even began, never wavering from following in his father’s footsteps. Nix enrolled early for the Tigers and quickly beat out Joey Gatewood and Malik Willis for the starting job as a true freshman. Despite early growing pains, namely his 57.6 completion percentage, Nix shined in his first year leading the team, earning SEC Freshman of the Year honors. While Nix displayed some ups and downs over the next two years, his numbers continued to improve despite having three different offensive coordinators. The team success did not improve, though, as the Tigers went 12-9 with Nix starting in those two years.

After a broken ankle ended his 2021 season, Nix let it be known that he was miserable under new head coach Bryan Harsin, who didn’t coach in 2023 after being fired part-way through the 2022 season, and entered the transfer portal. Nix committed to Oregon, reuniting with Kenny Dillingham, who had been his offensive coordinator during his freshman year at Auburn. Thanks to COVID-19, Nix now had six years to play five seasons, meaning he had two years of eligibility remaining with the Ducks.

Nix exploded in his first season at a new school. For the first time in his collegiate career, Nix eclipsed a 70 completion percentage (71.9), 3,000 passing yards (3,593), 20 passing touchdowns (29), 500 rushing yards (510), and 10 rushing touchdowns (14). He was an honorable mention All-Pac-12 selection as he set the school record for highest completion percentage at a school that produced such quarterbacks as Marcus Mariota and Justin Herbert. His senior year saw him take off even more, beating his prior year passing numbers with a new record-77.4 completion percentage, 4,508 passing yards, and 45 touchdowns to just three interceptions.

If stats were the sole determining factor for who would go No. 1 overall in the NFL draft, Nix would be the unanimous selection. In 2023, Nix’s 77.4 completion percentage led all of college football. It wasn’t just a school record, it broke Mac Jones‘ FBS record for single-season completion percentage. Nix was second in the FBS in passing yards only behind Penix (4,903) last season. He let the nation in passing touchdowns, and while some full-season starters like Florida State’s Jordan Travis and Penn State’s Drew Allar had few interceptions (2), neither were producing near the yardage and touchdowns of Nix. But scouts and coaches focus on much more than numbers when it comes to the draft.

Physically, Nix is not the prototype for a quarterback, but his body type works for the game he plays. While Nix set records with his arm this year, he still projects best as dual-threat passer. Some of his best throws come on the run and without his feet set, and he uses strong footwork to avoid tacklers in a collapsing pocket. He benefited from most of his production coming off quick, one-look passes, but those plays fit his quick release and strong arm.

Nix still showed the ability to throw all over the field and was productive using play fakes to open routes up down the field. He is a strong runner and, though he did sustain a pair of ankle injuries through high school and college, any questions of his toughness were put to rest when he broke Colt McCoy and Kellen Moore‘s NCAA records for most starts in a career for a quarterback with 61.

So, why isn’t Nix going No. 1 overall? Mainly, quarterbacks with Nix’s style of play have not generally fared well in the NFL. They have not fared poorly (see Mariota, Baker Mayfield, Tyrod Taylor), but they never really stick out around the league’s best. Coaches have nitpicked a lack of patience that does not allow routes to develop and open up. Nix also can rely on his great arm strength as a catch-all, affecting his accuracy and forcing his receivers to make some uncomfortable grabs. Teams also will not like that he is 24 years old entering the NFL draft. It’s not quite on the level of Brandon Weeden (the NFL’s oldest-ever first-round pick at 28 years old), but he’s already the same age as Trevor Lawrence.

Nix presents a mixed bag coming into the draft. He provided outstanding production through the air and on the ground at the collegiate level. Though his style of play isn’t tailormade for the NFL, Nix has proven to be very coachable. After three different coordinators in his first three seasons and a change of schools, Nix continued to improve year after year, going from a 57.6 completion percentage as a freshman to the FBS record-holder in the stat. He has been lauded for his academics and leadership with his coaches calling him “another coach” on the field, and he only got better each year.

There is plenty to suggest that Nix could struggle to be elite at the next level, but with his tools and drive, it’s hard to imagine that he won’t get a chance as a starter at some point.

Now, where does a player like that go in the draft? Most see Nix as a likely Day 2 pick, though an early run of quarterbacks could force a team’s hand if they truly want Nix, and there isn’t an absence of teams who do. According to Albert Breer of Sports Illustrated, there is an assumption in league circles that, if Nix goes in the first round, it will be to the Broncos. While some speculate that Denver could trade up to select McCarthy, many like Nix better as a stylistic fit with head coach Sean Payton. The Broncos do not have a second-round pick, so they may opt to trade back from No. 12, collect more draft capital, and draft Nix to compete with the newly acquired Zach Wilson.

ESPN’s Adam Schefter warns not to dismiss the Rams, either. Schefter points to general manager Les Snead, who was a graduate assistant coach at Auburn in 1993, when Nix’s father, Patrick, was the Tigers’ quarterback. With some speculation that Penix could be the fifth passer coming off the board as high as No. 8 overall, do not rule out Los Angeles taking Matthew Stafford‘s heir apparent at No. 19.

The speculation does not stop there. With mere days remaining until the draft begins, there is no shortage of possibilities for how the event may play out. Nix could join the others in the first round, or he could freefall into the middle of the draft. Regardless, some NFL team should be adding a coachable, fast-learning competitor later this week.

Prospect Profile: Laiatu Latu

The NFL world is lucky that it will soon have the opportunity to watch UCLA edge rusher Laiatu Latu. The deadly pass rusher almost passed up a football career after leading his high school to two national championships in rugby. After briefly considering an international career as a professional rugby player, Latu made the decision to go to college for football and is now preparing to receive a call this Thursday from an NFL coach or general manager.

Latu was a consensus four-star recruit out of Jesuit HS in Carmichael, CA, with 247Sports ranking him as a top-100 recruit and a top-five weakside defensive end in the country. Latu received all the major college football offers before narrowing it down to an all-west coast top-five of Cal, Oregon, USC, UCLA, and Washington. Latu committed to the Huskies as their third-best recruit in the Class of 2019 behind only Trent McDuffie and Puka Nacua.

As a true freshman, Latu failed to see the field much at all as a reserve and special teamer. In the runup to the 2020 season, Latu suffered a serious neck injury and was eventually told he would have to medically retire because of the ailment. After seeking out the opinion of the doctor who performed Peyton Manning‘s neck surgery back in the day, Latu was medically cleared to play again.

During his rehabilitation, Latu returned to the rugby pitch. Once again, the young athlete was given the opportunity to go pro, receiving a contract offer from the Seattle Seawolves, but yet again, Latu refused to give up on his dream of playing football. He entered the transfer portal and found his way back to his home state with the Bruins, following his position coach at Washington, Ikaika Malloe, whom Latu saw as a bit of a father figure.

In his debut season at UCLA, Latu exploded coming off the bench. Despite not starting a single game, Latu led the team in both sacks (10.5) and tackles for loss (12.5) on his way to first-team All-Pac-12 honors. Last season, as a full-time starter, Latu improved on both of those numbers, leading the Pac-12 in sacks (13.0) while leading the nation in tackles for loss (21.5). Not only did Latu return to the All-Pac-12 first team in 2023, but he was also the conference’s Defensive Player of the Year and a consensus All-American. On top of his ability to bring opponents down behind the line of scrimmage, Latu was disruptive in other ways with five forced fumbles, five passes defensed, and two interceptions during his two years in Los Angeles.

Latu is a pass-rush specialist. With 129 total pressures in 25 games, NFL teams will be licking their chops to add the 23-year-old to their defensive front. He’s wily and effective in putting together his pass-rush moves. His hands are quick and strong, helping him beat any player in his path with rips, clubs, and punches. He is quick off the line, and his elite flexibility helps him to get around tackles on the outside with ease. He’s used to getting double teams and still finds ways to be productive. Latu keeps his eyes on the backfield, helping him to rack up those TFLs, and he uses the drive and aggression from his rugby days to pursue ball carriers all over the field. He also showed athleticism dropping back in coverage, and the coaches at UCLA claim he could have been their best tight end if they had played him both ways.

Latu’s biggest red flag is going to be his medical history. The two-and-a-half-year sabbatical from football due to the neck injury could scare some teams off, though they’ll all have done their homework on the situation at this point in the process. On the field, though, he could stand to improve in his run defense. He’s great at identifying the play but can too easily be erased when runs are designed to go right at him, and he misses too many tackles.

Alabama’s Dallas Turner has long been viewed as the top edge rusher in a class that maybe isn’t as strong as groups of the past. Latu has already worked his way up the draft board, passing Penn State’s Chop Robinson and Florida State’s Jared Verse to get to the second spot on most draft boards at the position. As the draft gets closer and closer, front offices are starting to become enamored with Latu’s disruptive abilities. There isn’t a better pure pass rusher in this draft, and with the ability to play standing up or with a hand in the dirt, he could go to nearly any team and become their sacks leader as a rookie.

5 Key Stories: 4/14/24 – 4/21/24

The 2024 NFL draft has nearly arrived, and rumors continue to swirl regarding teams’ intentions near the top of the board. Plenty of updates on that front continue to emerge, although a pair of major extensions were also worked out in recent days. In case you missed any of the top developments from around the league this past week, here is a quick recap:

  • Eagles Retain Smith Through 2028: In the era of fifth-year options for first-round picks, no receiver had received an extension after three seasons in the league. The Eagles made an exception to that rule by handing DeVonta Smith a three-year, $75MM deal which will kick in following his rookie contract. To no surprise, Philadelphia also picked up Smith’s fifth-year option (valued at $15.59MM) and as a result the former Heisman winner will be on the books through 2028. Smith, 25, will collect $51MM guaranteed and the average annual value of his extension puts him in a tie (with teammate A.J. Brown) for fourth at the WR position. That marks a lucrative long-term commitment on the Eagles’ part, one which will no doubt continue to push the top of the receiver market forward when other ascending producers negotiate their own extensions.
  • Colts Extend Buckner: Indianapolis became the latest team to hand a sizable new contract to a defensive tackle by inking DeForest Buckner to a two-year, $46MM pact. The 30-year-old was set to enter 2024 as a contract year, but he has secured $43.55MM guaranteed at signing, a sign that he will remain in place for at least three more years. Buckner has received two of his three Pro Bowl invitations along with his lone first-team All-Pro nod during his four-year tenure with the Colts, and he will be counted on to remain a foundational figure on the team’s defense for years to come. Having kept a number of key players in the fold this offseason, Indianapolis will have Buckner at a reduced cap charge ($8.35MM) in 2024 before seeing that figure spike in later years.
  • Commanders Still Positioned To Select Daniels? Caleb Williams is universally seen as the Bears’ selection with the first overall pick in the upcoming draft. The Commanders’ choice at No. 2 is murkier, but indications continue to suggest Jayden Daniels will be headed to the nation’s capital. The 2023 Heisman winner was the subject of a recent report stating Washington is expected to draft him, but links to Antonio Pierce and the Raiders persist. Daniels’ preference is believed to be Las Vegas, an arrangement which would reunite him with Pierce. The Commanders are much better positioned to draft one of the class’ top quarterbacks (unlike the Raiders) as things stand, though, and Daniels is considered a fit within OC Kliff Kingsbury’s scheme. With Washington’s unorthodox QB visit process in the books, all eyes will remain on the team’s draft plans.
  • Top-Six Teams Discussing Pick Trades: Teams in need of a quarterback outnumber the selections available near the top of the order, which could lead to trade-up maneuvers on Day 1. While the Bears, Commanders and Patriots are in position to retain the first three selections, the next three picks could be in flux. The Cardinals are known to be open to moving on from No. 4, although their conditions for trading down may not be met in the coming days. Meanwhile, the Chargers (set to select fifth) and Giants (sixth) have each received calls from teams looking to move up. New York’s extensive homework on QB prospects could lead to a small trade-up, but the team remains a wild card with a move down the board believed to be in play. Overall, the potential exists for a substantial shake-up of the top-six order once the first round begins.
  • Prescott Open To 2025 Free Agency? No agreement is expected between the Cowboys and quarterback Dak Prescott this offseason. As a result, the three-time Pro Bowler is on track for free agency in 2025, something his comments on the matter suggest he is open to exploring. Prescott has no-trade and no-tag clauses in his current deal, a $40MM-per-year accord which will be dwarfed in value by his next one. Coming off a season in which he finished second in MVP voting, Prescott holds considerable leverage in talks with the Cowboys (although his and the team’s latest underwhelming postseason exit could lead to trepidation in pursuing a second multi-year commitment). Still, Dallas has another deal for the 30-year-old – as well as CeeDee Lamb and Micah Parsons – on the radar, something which could lead to a complicated financial outlook.

Prospect Profiles: Adonai Mitchell, Xavier Worthy

While LSU’s top-ranked duo of Malik Nabers and Brian Thomas Jr. have garnered plenty of press so far and Florida State’s duo of Keon Coleman and Johnny Wilson have seen a drop in their respective draft stocks, it might be time to shine a spotlight on the two receivers coming out of Austin who both have a chance to hear their names called on Day 1 of the 2024 NFL Draft (Washington’s trio of Rome Odunze, Ja’Lynn Polk, and Jalen McMillan may require a profile in the future, as well).

Junior Longhorns Adonai Mitchell and Xavier Worthy have a chance to be the first Texas receivers drafted in the first round of the NFL Draft since Roy Williams in 2004. This would also make Mitchell and Worthy the third and fourth first-round receivers for the Longhorns in their storied history (Lam Jones, No. 2 overall to Jets in 1980).

Texas hasn’t had the greatest history with sending wide receivers to the NFL. Since 2008, players like Limas Sweed (second round, 2008), Jordan Shipley (third round, 2010), and Collin Johnson (fifth round, 2020) have failed to make an impact at the NFL level. Third-round picks Marquise Goodwin (2013) and Devin Duvernay (2020) are really the only pass-catchers since Williams to make a name at the professional level, though Goodwin only has one season over 432 yards in an 11-year career and Duvernay’s biggest impact has been as an All-Pro return man. Mitchell and Worthy have a chance to change the trends of their school’s history at the next level.

Worthy was a top-100 recruit in the Class of 2021 out of Central East HS (California) in Fresno. After a breakout junior year, Worthy began fielding offers from college football’s best. Despite offers from Alabama, Auburn, Georgia, LSU, and others, Worthy committed to Michigan. He initially intended to enroll early alongside quarterback signee J.J. McCarthy, but trouble meeting Michigan’s academic requirements led Worthy to defer his enrollment until June. He still found an apartment in Ann Arbor, though he couldn’t work out with the team, but moved back home to explore other options after a month, decommitting from the Wolverines in the process.

Worthy had originally chosen Michigan over the Crimson Tide, who had then-offensive coordinator Steve Sarkisian. When Sarkisian was hired as the Longhorns’ head coach in 2021, Worthy committed sight unseen. Worthy immediately made an impact as a true freshman, leading the team by healthy margins with 62 catches for 981 yards and 12 receiving touchdowns. The next highest totals were 26 catches (Jordan Whittington), 377 yards (Whittington), and four touchdown catches (Bijan Robinson). He finished as a Freshman All-American, first-team All-Big 12 selection, and Big 12 Offensive Freshman of the Year.

Worthy’s production dipped a bit as a sophomore as Whittington and tight end Ja’Tavion Sanders, who had redshirted in 2021, ate into some of his production. Still, Worthy led the team in catches (60), receiving yards (760), and receiving touchdowns (nine) while earning second-team All-Big 12 honors. It was more of the same last year for Worthy. Once again, he led the team in receptions (75) and receiving yards (1,014), but he was eclipsed in receiving touchdowns (five) by the newcomer Mitchell.

Mitchell was a rare situation of a high school reclassification. Where it’s common to sometimes see recruits reclassify to enter college a year early, Mitchell reclassified from the Class of 2020 to the Class of 2021 in high school, spending his gap year training. Growing up in the Houston area, Mitchell transferred from Westbury Christian School (Texas) to Ridge Point HS (Texas) in order to get more recruiting attention. Still struggling to garner offers, Mitchell followed his father, who moved to Nashville, and transferred to Cane Ridge HS (Tennessee) for his senior year before reclassifying to the Class of 2021.

Shortly after reclassifying, Mitchell committed to Lane Kiffin at Ole Miss. Six months later, though, as the offers continued to roll in, Mitchell flipped to Georgia and then-offensive coordinator Todd Monken. He joined the Bulldogs as a three-star recruit, the 60th best wide receiver in the class, according to 247Sports.

As a freshman, Mitchell was part of a balanced wide receiving corps. While tight end Brock Bowers led the team in every receiving category, Mitchell’s stat line of 29-426-4 (catches-yards-touchdowns) was very similar to then-sophomore Jermaine Burton (26-497-5) and redshirt freshman Ladd McConkey (31-447-5). Mitchell also caught the go-ahead touchdown in the team’s National Championship victory. In his sophomore season, Mitchell was limited to only six games with a left ankle injury. He had nine catches for 134 yards and three touchdowns.

While in school in Georgia, Mitchell’s parents had been looking after his daughter (born the summer before his freshman season). After winning two championship rings with the Bulldogs (and missing most of his sophomore year), Mitchell opted to transfer closer to his family by enrolling at Texas. In his lone season as a Longhorn, Mitchell finished second on the team behind Worthy with 55 catches for 845 yards but led the entire Big 12 conference with his 11 touchdowns.

Mitchell and Worthy present as two different types of receiving options coming out of Austin. At just over 6-foot-2, 205 pounds, Mitchell is a bigger target with a wider catching radius. Mitchell doesn’t sacrifice speed or explosiveness for his size, though. At the NFL scouting combine, Mitchell put up a 4.34-second 40-yard dash, a nearly 40-inch vertical jump, and an 11-foot-4 broad jump. He has above-average acceleration to get him to that elite top speed and uses impressive agility and control in his routes to create separation with stutter routes and by lagging into open areas of coverage. He shows that extra gear when the ball is in the air and has good body control to make adjustments on the ball. When he’s not the quarterback’s target (he was not a high-volume target in college), he’s always looking for someone to block.

Mitchell will need to get stronger at the next level, though. With his lean form, Mitchell can get bullied by more aggressive cornerbacks. While he has a large catch radius, he has smaller hands and wasn’t elite at reeling in contested catches, though he only had one drop in 2023. He also got most of his yardage without the ball in his hands, only averaging 3.2 yards after catch this season, displaying a lack of ability to make tacklers miss as a ball carrier.

Worthy is a bit shorter than Mitchell at just over 5-foot-11. He’s also slight at just 165 pounds. Similar to Mitchell, Worthy had impressive explosiveness with a 41-inch vertical and nearly 11-foot broad jump. Elite speed is what defines Worthy and gives him a chance to be a first-round pick.

You’ll know the name “Worthy” because he broke the NFL scouting combine’s record for the fastest ever 40-yard dash a month and a half ago. Worthy covered the distance in a record-breaking 4.21 seconds. His speed will be his biggest asset at the NFL level. He has great agility to make cuts in his route-running and his speed makes coverage with a cushion a necessity, though often a futile one. He shows good ball-tracking on deep routes and has a good ability to make tacklers miss with start-and-stop jukes. While the smaller wideout can get knocked back at contact, his low center of gravity and strong balance helps him stay on his feet often.

His size will limit him at the next level, though. Despite his impressive vertical jump, he doesn’t show that ability on the field to climb the ladder for high throws. He doesn’t have a strong ability to make contested catches, either, and focus is often an issue that leads to drops, fumbles, and muffed punts.

Despite their weaknesses, both Mitchell and Worthy project as late-Day 1 or early-Day 2 draft picks. Mitchell has great speed with an ideal frame, provided he can put on some muscle. He also displayed a clutch gene in college, often making the biggest plays at crucial moments. His effort and athleticism will draw the attention of several clubs in the mid-to-late first round.

Worthy is much more of a specialty player at the next level, but that certainly doesn’t mean he can’t find success. He was already a second- to third-round projected pick, but his record-breaking speed may be enough to elevate him to the late-first round. Even if team’s balk at some of his shortcomings, Worthy’s speed and special teams prowess (he led the NCAA in punt return yards this season) guarantee him a draft selection in the first two days. Together, the duo will work to change the reputation of pro Longhorn receivers.

Community Tailgate: Broncos, Raiders’ Quarterback Plans

With the Broncos and Raiders‘ most recent quarterback plans not working out, the AFC West presents a stark have/have-not disparity at the game’s glamour position. Going into the draft, Denver and Las Vegas have uphill climbs to find passers who could provide hope of matching up with Patrick Mahomes and Justin Herbert.

Yes, the Broncos and Raiders have enjoyed some success against the Chiefs and Chargers (more so the Bolts) during these two Pro Bowlers’ stays. But this era of roster building has mandated either a franchise QB or a stacked roster is necessary to be a true contender. Denver and Las Vegas meet neither criteria, and the rivals’ current draft real estate does not leave clear paths to acquiring such help.

Holding the No. 12 pick, the Broncos did not match the Raiders’ urgency to add a bridge-type starter. The Raiders (No. 13) have Gardner Minshew signed to a two-year, $25MM deal ($15MM guaranteed). If they are unable to piece together a trade or do not see good value in picking one of the draft’s second-tier options, the Minshew bridge merely extends.

The Broncos, conversely, have only Jarrett Stidham — a player best known as the emergency starter as Derek Carr and then Russell Wilson were parked largely for contractual reasons — as a realistic starter option. While rumors about the Broncos being fine with Stidham beginning the season as the starter have emerged, it is difficult to envision Sean Payton entrusting the career backup/third-stringer to that role without a better option being acquired.

The Broncos are planning to add another arm via free agency or through a trade, but options are scarce at this point. As far as the draft goes, the team has been tied to Bo Nix and J.J. McCarthy. A recent report suggested a “heavy expectation” exists the Broncos will leave the first round with a QB, and while Denver has been viewed as wanting to trade up, the Payton and Wilson trades make this a dicey proposition.

Denver has not held a first-round pick since 2021 (Patrick Surtain). Unless the Broncos want to entertain trading their best player to help acquire draft assets, they would need to return to the treacherous road of trading first-round picks. Denver unloaded two in the Wilson swap and sent the Bradley Chubb-obtained choice to New Orleans for Payton’s rights. That Saints swap also stripped the Broncos of their 2024 second-rounder, creating a daunting task for the again-QB-needy club. Eating a record-smashing $85MM in dead money over the next two years on Wilson’s contract, the Broncos obviously would best benefit from a cost-controlled passer.

The Raiders do hold their second-round pick, but the player they have not made a great secret of coveting is viewed as unavailable. Reuniting Antonio Pierce and Jayden Daniels became a Raiders goal early this offseason, but ESPN.com’s Adam Schefter said this week a climb from No. 13 into Daniels territory is likely impossible. Michael Penix Jr. consolation-prize rumors have surfaced, and while the Washington product is seen by some coaches as having skills in line with this draft’s top QBs, scouts have seen some mechanical issues that could pose a problem for the deep-ball maestro’s NFL acclimation.

It also will be worth monitoring how serious the Raiders’ trade-up efforts will become in the days leading up to the draft. A recent report suggested Pierce was in favor of doing what it takes to move up the board for a long-term answer while GM Tom Telesco was OK with hanging onto draft assets and using Minshew as a full-season starter if need be. That will create an interesting backdrop ahead of the duo’s first draft together.

Trade routes for the Raiders and Broncos also stand to be complicated by the fact the Chargers sit in one of the spots that could be used to move up. At No. 4, the Cardinals hold prime real estate to collect a major haul from a QB-needy team. If the Cardinals opt to stay at 4 and draft a wide receiver, the Chargers suddenly become the gateway team. L.A. will probably not be inclined to help one of its two division rivals climb to 5 for a franchise-QB hopeful — at least, not without increasing the price tag. The Giants and Vikings also have the AFC West clubs outflanked in terms of draft assets, with New York sitting at No. 6 and Minnesota holding two first-rounders (Nos. 11 and 23).

With the 2025 draft class not viewed — as of now, at least — as rivaling this QB crop, the stakes could soon rise for the Broncos and Raiders. The teams have done their homework on this class, meeting with passers that will be difficult to impossible to obtain (Daniels, McCarthy). Nix, who profiles as a player the AFC West teams would not need to craft a monster trade haul for, also visited the Raiders. These teams coming out of Round 1 without a QB raises major questions about each’s viability.

Neither of these franchises has enjoyed much luck drafting QBs in Round 1. The Raiders made one of the biggest mistakes in draft history by selecting JaMarcus Russell first overall in 2007 (16 years after drafting quick bust Todd Marinovich). Like the Broncos, the best QBs in team history (Ken Stabler, Rich Gannon, Daryle Lamonica, Carr) were either outside additions or a second-round pick.

Denver’s history here is also checkered, with the franchise having traded 2006 first-rounder Jay Cutler after three years and made the strange moves of drafting a first-round QB ahead of John Elway‘s age-32 season (Tommy Maddox) and then trading up 18 spots to draft Tim Tebow in 2010. These decisions both provided more value than the 2016 Paxton Lynch whiff. Lynch is among the 12 QBs/Phillip Lindsay (the 2020 COVID-19 game against Payton’s Saints) to start for the Broncos since Peyton Manning‘s retirement.

Appearing to reside in the backseat among teams with chances of acquiring draft real estate necessary to acquire one of the class’ top arms, the Broncos and Raiders’ QB situations double as two of the top storylines going into the draft. How will the rival teams navigate their complex tasks of upgrading early in the draft? Weigh in with your thoughts on these situations in PFR’s latest Community Tailgate.