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This Date In Transactions History: Colts Hire Frank Reich

Three years ago today, the Colts wrapped up one of the strangest sagas in league history. Earlier in the offseason, the Colts agreed to hire Patriots offensive coordinator Josh McDaniels as their new head coach. Then, soon after they announced McDaniels’ arrival, he left them at the altar. 

[RELATED: Colts Pursuing Carson Wentz]

The Colts were forced to restart their head coaching search in a hurry. Saints tight ends coach Dan Campbell and Bills defensive coordinator Leslie Frazier were among those considered in the second act, but general manager Chris Ballard ultimately chose Frank Reich, the Eagles offensive coordinator who helped guide the franchise to its first ever Super Bowl championship. Reich had previously interviewed for the Bills’ and Jets’ head coaching vacancies in 2015, but went a few years without HC buzz.

It wasn’t an ideal situation, but the Colts felt that Reich could help them salvage things. In addition to the SB ring on his resume, Reich’s offense had just placed third in scoring, seventh in total yards, and eighth in DVOA. Not bad for a last minute scramble.

Under Reich’s watch, the Colts have reached the playoffs twice in three years. His 11-5 record in 2020 was his best to date, though they were stopped by the Bills in the opening round. Reich will now look to build on that with yet another quarterback running his offense — and it just might be old pal Carson Wentz.

The NFL’s Post-June 1 Cuts, Explained

NFL teams will often use contract bonuses as a way to spread out a cap hit that might otherwise be exorbitant. For example, if a player’s four-year deal includes a $8MM signing bonus, that money can be paid immediately but spread out over four years for cap purposes. This way, the cap charge for the bonus amounts to $2MM per year for cap purposes, rather than $8MM in year one.

There’s an obvious benefit to kicking the can down the road, but it can also hurt teams if they want to terminate that deal. If a team in the above scenario wanted to release the player in Year 2 of his contract, it would still have to account for remaining prorated bonus money. Rather than counting against the cap as $2MM/year for two seasons, that dead money “accelerates,” and applies to the cap for the league year in which the player is released. In other words, the remaining $4MM in prorated bonus money immediately counts against the cap.

Although these rules apply to many cuts, a different set of rules is in place for players released after June 1. In that case, a team can spread the cap hit across two seasons rather than one — for the current season, the prorated bonus figure stays at its original amount, with the remaining bonus balance accelerating onto the following season. Referring again to the above scenario, that means the player would count against the cap for $2MM in the league year in which he was cut, with the remaining $4MM applying to the following league year.

The guidelines for pre-June 1 and post-June 1 cuts are fairly straightforward, but things become a little more complicated when we take into account that teams are allowed to designate up to two players as post-June 1 cuts even if those players are released before June. Last offseason, we saw a handful of players designated as post-June 1 cuts, including cornerback Trumaine Johnson (Jets) and running back Todd Gurley (Rams).

In the case of Johnson, the Jets were initially slated to pay him $11MM in base salary for 2020. Under typical circumstances, the release would have left Gang Green with a $12MM dead money obligation. However, through the post-June 1 designation, they unlocked $11MM in cap space with just $4MM in dead money for the coming year. In 2021, they’ll pay the remaining $8MM charge.

Typically, by June, most of the big-name free agents are off the board. However, cutting a player in the spring and designating him a post-June 1 cut can be mutually beneficial for both parties. The player gets to hit the market while potential suitors still have cap room and vacancies. The team, meanwhile, gets to spread out the cap charge without having to actually wait until June 1 to release him. Otherwise, waiting until that point usually means paying roster or workout bonuses in the interim.

This Date In Transactions History: Lions Hire Matt Patricia

In 2017, Jim Caldwell led the Lions to their third winning campaign in four seasons. It wasn’t enough to save his job. The Lions fired Caldwell and replaced him with Patriots defensive guru Matt Patricia, three years ago today. 

Patricia had lots of hype heading into this cycle. He also had a longstanding relationship with Detroit GM Bob Quinn, who previously worked in New England. After working his way up through the Pats’ ranks, Patricia served as their DC for six seasons. During that period, the Patriots’ defense never ranked lower than tenth in points allowed. And, of course, his final day with the team nearly ended in yet another Super Bowl ring, before Nick Foles got in the way.

It seems like just yesterday that Patricia was regarded as the perfect fit. It’s a reminder of how quickly things can change in the NFL. After a combined 13-29 record and an ugly Thanksgiving Day loss, the Lions sent the 46-year-old packing. Now, he’s going back to New England to serve in multiple assistant coaching roles on Bill Belichick‘s staff. Meanwhile, the Lions are moving forward with Dan Campbell, who will have Jared Goff leading his offense.

This Date In Transactions History: Seahawks Offer RB Marshawn Lynch “Huge” Extension

Marshawn Lynch was certainly unpredictable during his playing career. So, when it was reported six years ago today that the Seahawks had offered the running back a lucrative contract extension, not many were sure how the negotiations would unfold. Honestly, most fans and pundits were focused on Seattle’s Super Bowl matchup with New England scheduled for later that night.

Before we discuss how the story ultimately ended, let’s go back to February 1st, 2015. Lynch was coming off his fourth-straight Pro Bowl season, finishing with 1,673 all-purpose yards and a career-high 17 rushing/receiving touchdowns. He continued that performance in the postseason, including Super Bowl XLIX, when he ran for 102 yards and one touchdown. Of course, Lynch famously got snubbed when the Seahawks were within yards of a game-winning touchdown (and we all know how that game ended).

While the season may have ended in disappointment, there was no denying that Lynch was a key member of the Seahawks offense. With the veteran running back set to make only $5MM in 2015, Seattle’s front office understood that their star deserved a raise. So, they offered their running back an extension, and the terms started to leak out on this date six years ago. The new deal would pay Lynch $10MM in 2015 alone, and the “huge” extension was expected to keep Lynch in Seattle for the rest of his career.

Ultimately, Lynch signed that extension with Seattle in March of 2015, but it didn’t provide the long-term security that many expected, as the new deal was worth $24MM over two years. Unfortunately, Lynch was never really the same after inking his new contract. He was limited to only 417 rushing yards and three touchdowns in 2015, and sports hernia surgery knocked him out of the lineup for the second half of the season. Lynch eventually made his return in the Divisional Round, a game the Seahawks ultimately lost to the Panthers.

A few weeks later, Lynch shocked the NFL by announcing his retirement. Of course, considering that aforementioned unpredictably, it didn’t take long for rumors to start popping up about a potential comeback. Ultimately, he returned to his hometown Raiders for the 2017 season, a deal that required the Seahawks to participate in a trade (considering they still held his rights). Lynch spent two seasons in Oakland, and he once against announced his retirement following the 2018 campaign.

Of course, that wasn’t the end for Beast Mode. With the Seahawks dealing with injuries to their running back corps, Lynch rejoined his former team late in the 2019 season. The veteran ended up playing in one regular season game and two postseason contests, and his three playoff touchdowns ultimately elevated him to fourth on the all-time list for postseason rushing touchdowns. Lynch seemingly learned from his previous retirements, as he kept the door opened for a potential return in 2020. As recently as December, the 34-year-old hinted that he’d still be willing to return to the league. However, he ended up sitting out the 2020 season.

We’ll probably never know the terms of the extension that was reported six years ago today, so it’s uncertain if either the Seahawks or Lynch ended up winning the negotiations. However, one thing is definitely certain: when news broke of an extension offer on this day six years ago, few would have guessed how the rest of Lynch’s career would unfold.

This Date In Transactions History: Eagles Sign TE Zach Ertz To Extension

With Zach Ertz coming off a career year and about to enter the final year of his rookie contract, the Eagles decided to back up the Brinks truck on this date five years ago. On January 25th, 2016, Philly signed their star tight end to a five-year extension (including an option for the final year).

The 35th-overall pick in the 2013 draft built off strong rookie and sophomore years and put together a breakout campaign in 2015. Ertz established himself as quarterback Sam Bradford‘s favorite target, hauling in 75 receptions for 853 yards and two touchdowns. As a result of his continued improvement, the Eagles committed to the then-25-year-old through the 2021 season.

Ertz ended up inking a five-year, $42.5MM deal that included $20MM in guaranteed money. At the time, his new $8.5MM AAV ranked fourth in the NFL among tight ends (behind Jimmy Graham, Julius Thomas, and Rob Gronkowski; the deal still ranked seventh this season behind George Kittle, Travis Kelce, Hunter Henry, Austin Hooper, Kyle Rudolph, and Gronk in 2020). The deal officially kicked in during the 2017 season, following the completion of Ertz’s rookie contract.

“Nothing could make me happier than knowing I’m going to be a member of the Philadelphia Eagles for years to come,” Ertz wrote at the time (on his blog).

The Eagles were also happy with the extension, at least temporarily. Ertz made a Pro Bowl in each of the first three years of his extension, including a 2018 campaign where he set the record for most receptions by a tight end in a single season (116, which went along with career-highs in receiving yards (1,163) and touchdowns (eight, tie)).

Following another Pro Bowl appearance in 2019, the Eagles predictably picked up Ertz’s option for the 2021 campaign, and it was assumed that the two sides would work on an extension throughout the 2020 campaign. However, following months of inaction, Philly’s extension offer came in lower than expected, putting an “abrupt halt” to the negotiations.

Things went a bit downhill after that; Ertz expressed doubt that the Eagles wanted to keep him long-term, and the tight end reportedly engaged in a shouting match with general manager Howie Roseman following a September practice. To add insult to injury (pun wasn’t really intended), Ertz landed on IR in late October. In total, Ertz finished the 2020 campaign having hauled in 36 receptions for 335 yards and one touchdown, all career-lows. At the end of the season, the veteran indicated that he’d still be open to sticking around Philly.

Ertz’s extension, signed five years ago, is looking like it won’t have the desired ending that both sides had hoped for back in 2016. Still, considering Ertz’s production between 2017-2019 and his continued standing as one of the NFL’s highest-paid tight ends, you could easily say the deal worked out for both sides.

2021 NFL Head Coaching Search Tracker

Exiting the regular season, six teams are searching for new head coaches. That number is up from last season but not quite as high as 2019, though there may well be more vacancies that emerge during the playoffs.

Listed below are the head coaching candidates that have been linked to each of the teams with vacancies, along with their current status. If and when other teams decide to make head coaching changes, they’ll be added to this list. Here is the current breakdown:

Updated 1-27-21 (7:05pm CT)

Atlanta Falcons

Detroit Lions

Houston Texans

Jacksonville Jaguars

Los Angeles Chargers

New York Jets

Philadelphia Eagles

2021 NFL General Manager Search Tracker

This year’s NFL GM carousel figures to be more active than usual. The Falcons, Lions, Panthers, Texans, and Jaguars are all on the hunt for a new front office leader. And that’s only the official list. The real tally shows six clubs looking for a GM, since the Washington Football Team is expected to install a GM to work alongside head coach Ron Rivera. By mid-January, we could easily see a couple more jobs opening up — that’d put ~25% of the NFL on the market.

We’ll keep track of the GM candidates for each club here, along with their current status. If and when other teams decide to make general manager changes, they’ll be added to this list. Here’s the current breakdown:

Updated 1-19-21 (7:02pm CT)

Atlanta Falcons

Carolina Panthers 

Denver Broncos

Detroit Lions

Houston Texans

Jacksonville Jaguars

Washington Football Team

This Date In Transactions History: Bengals Sign HC Marvin Lewis To Two-Year Extension

On this date in 2018, Cincinnati fans weren’t too high on Marvin Lewis. The Bengals head coach had just missed the postseason for the second-straight season, but it’s not like anyone would have had much faith in the team had they found a way to sneak into the playoffs. After all, Lewis had (and still has) his infamous 0-7 playoff record, with the head coach guiding the organization to first-round exits every year between the 2011 and 2015 campaigns.

So, with the team having only won 13 combined games between the 2016 and 2017 seasons, it only seemed natural to move on from Lewis, right? Nah. Instead, on January 2nd, 2018, the Bengals signed Lewis to a two-year extension that would last through the 2019 campaign. As an aside, Lewis had traditionally inked one-year extensions with the organization, so the two-year pact was met with plenty of ire.

A Bleacher Report article said the extension was a “commitment to mediocrity,” while Will Brinson of CBS Sports described the move as “stunning.” If you want a take on fan reactions, you can check out the comments section of our own article.

Lewis and the organization didn’t do much to calm fans’ nerves when discussing the extension. The coach acknowledged that he probably would have been fired in any other city (per USA Today), while Bengals President Mike Brown admitted that the team had recently “fallen short of our expectations.”

“My job is to win a World Championship,” Lewis said in a statement that day. “We have a talented roster full of veteran leaders and emerging young stars, and I am committed to making the necessary improvements to put this team in the best position to win.”

Critics of the extension were punching air through the five weeks of the 2018 season. With Lewis serving as the second longest-tenured head coach in the NFL (behind Bill Belichick), the Bengals held the top spot in the AFC North with a 4-1 record, and they entered their bye week at 5-3. Then the wheels fell off. The Bengals dropped five consecutive contests and finished the season with a 6-10 record. Raise your hand if you know what happened next. The Bengals and Lewis decided to mutually part ways with a year remaining on the coach’s contract.

Cincinnati bottomed out in 2019 with new head coach Zac Taylor at the helm, allowing them to snag Joe Burrow with the top pick. Lewis hasn’t really committed to returning to the NFL, but he’s still been connected to a number of openings. Over the past few years, Lewis has been linked to head coaching gigs in Washington and Dallas, and he interviewed for the lead position with the Texans in late December. The 62-year-old has been on the Arizona State coaching staff for the past two seasons.

When the extensions was signed three years ago today, Lewis and the Bengals organization probably weren’t envisioning their present-day status. Everyone else? I think we all saw this coming.

Poll: Which AFC Team Will Miss Playoffs?

Despite the NFL expanding its playoff bracket to 14 teams, one 10-win AFC squad’s season will end Sunday. The historic depth on display in this year’s AFC may well exclude an 11-win team from the playoffs for just the third time since the 1970 merger.

The conference’s Nos. 4-7 spots are not yet determined; the Titans, Dolphins, Ravens, Browns and Colts sit at 10-5. Only the 1985 Broncos and 2008 Patriots — who were left out of five- and six-team AFC brackets, respectively — missed the post-merger playoffs at 11-5. But with none of the 10-win quintet playing one another Sunday, the Colts could join that list.

With the Steelers indicating they will rest Ben Roethlisberger, the Browns would appear to have a strong chance to snap the NFL’s longest playoff drought (18 years). Although they lost 38-6 in the teams’ October meeting in Pittsburgh, the Steelers have not played nearly as well since and have lost key defenders Devin Bush and Bud Dupree. The Browns beat the Mason Rudolph-quarterbacked Steelers 21-7 in Cleveland last year, though the game result became obviously obscured. Football Outsiders gives the Browns a 44% chance to hold at the No. 6 seed and a 20% chance to qualify as the seventh seed.

Sean McDermott has not indicated if he will rest starters against the Dolphins. Doing so would certainly hurt the Colts’ qualification chances, with Indianapolis needing at least one of the other four 10-win teams to lose. The Bills can only drop to the No. 3 spot with a loss and a Steelers win, and given Mike Tomlin‘s decision to rest Roethlisberger, it would not be surprising to see McDermott give Josh Allen a rest or an abbreviated assignment Sunday.

The Dolphins have made the playoffs once in the previous 11 seasons and have benched Tua Tagovailoa twice since naming him their starter. Tagovailoa remains Miami’s QB1, however. Football Outsiders gives Miami a 28% chance to hold at the No. 5 seed and a 29% chance to earn the No. 7 seed in this year’s expanded bracket. While the Bengals knocked the Ravens out of the 2017 playoffs in Week 17, this version is less talented and down its starting quarterback (Joe Burrow) and top running back (Joe Mixon). Of the five 10-win AFCers, Baltimore’s path may be the least daunting.

The Colts have seen their Philip Rivers signing produce mixed results, and it is not certain the sides will reunite in 2021. Although Rivers has helped the Colts return to the playoff precipice, the 39-year-old quarterback ranks 18th in QBR. While that figure is north of Rivers and Jacoby Brissett‘s 2019 placements, the Colts have also endured defeats to the Jaguars — their Sunday opponent — and lost by at least two scores to the Browns, Ravens and Titans.

Tennessee also lost to Indianapolis in a blowout and brings a less reliable defense (29th overall) into Week 17. Houston also nearly pulled a Week 6 upset in this matchup, losing in overtime. However, the Texans are without some key players — including Will Fuller and Bradley Roby — going into the rematch. Football Outsiders views a Titans loss in Houston and a Colts win as the most likely way Indy can return to the playoffs, slotting this scenario at 33%.

So which of this quintet will wrap its season early? Vote in PFR’s latest poll (link for app users) and weigh in with your thoughts on this Week 17 gridlock in the comments section.

This Date In Transactions History: Eagles Place QB Carson Wentz On IR

With Carson Wentz hitting the bench this weekend, it’s only appropriate to look back at one of the first notable transactions involving the quarterback. On this date in 2017, the Eagles placed Wentz on the injured reserve.

At this point three years ago, Wentz hadn’t yet been labeled as injury prone. The 2016 second-overall pick started all 16 games during his rookie season, with Wentz playing the second-most snaps in the NFL that year (per Football Outsiders). The young quarterback was also rolling during the 2017 campaign, helping the Eagles to an 11-2 record by tossing 33 touchdowns through 13 games (a performance that would ultimately garner him his lone Pro Bowl nod).

However, during Philly’s NFC-East-clinching Week 14 win over the Rams, Wentz suffered a torn ACL, ending his season. We all know what happened next; backup Nick Foles took over under center and helped guide the Eagles to a Super Bowl LII victory over the Patriots.

Wentz suffered (pseudo) season-ending injuries in both of the next two seasons. After missing the first two games of the 2018 season as he recovered from knee surgery, the quarterback regained his starting spot. A back injury ended up sidelining him for the remainder of the season and playoffs, with Foles again taking over as the starter. Wentz managed to appear in all 16 games during the 2019 campaign, but during his postseason debut, he suffered a head injury following a helmet-to-helmet hit with Jadeveon Clowney during the NFC Wild Card game. That first-quarter injury ultimately sidelined Wentz for the rest of the game.

Wentz managed to return from his concussion and start each of the Eagles 12 games in 2020. However, the 27-year-old’s performance took a significant dip; Wentz has connected on a career-low 57.4-percent of his passes, and he leads the NFL in sacks taken (50) and interceptions (15 vs. only 16 touchdowns). Doug Pederson ended up benching Wentz for rookie Jalen Hurts during the second half of last weekend’s loss to the Packers, and the 2020 second-rounder will get the start this weekend against the Saints.

On this date in 2017, there was still plenty of optimism surrounding Wentz; NFL.com listed him third in their ranking of the top-100 players heading into the 2018 campaign. Things obviously could have been a lot worse for the Eagles (the team can always point to their Super Bowl rings), but the transaction that took place three years ago today proved to be a sign of things to come.