Chris Johnson (RB)

Titans Release Chris Johnson

11:32am: The Titans have officially informed Johnson of his release, tweets Jim Wyatt of the Tennessean.

8:54am: ESPN.com’s Adam Schefter (Twitter link) has confirmed what was widely expected: The Titans will cut Chris Johnson today. As we noted earlier this morning, the veteran running back is in Tennessee today and his situation was expected to be resolved in the form of a release rather than a trade.Chris Johnson

With $4MM in prorated bonus money remaining on Johnson’s deal, the club will carry that amount in dead money in 2014, unless the 28-year-old is designated as a post-June 1 cut. Even without that June 1 designation, the Titans will create $6MM in 2014 cap savings by clearing Johnson’s exorbitant base salary from their books.

Johnson, who has only missed one game in his six NFL seasons, has compiled at least 1,000 rushing yards in each of those seasons. In 2013, he posted 1,077 rushing yards and 10 total touchdowns despite reportedly playing through a torn meniscus. Still, those yards were hard to come by — he graded out as the league’s 42nd-best running back out of 55 qualified players last season, according to Pro Football Focus (subscription required).

Dallas has been mentioned as a potential destination for Johnson, and Jason La Canfora of CBSSports.com reiterates (via Twitter) that the Jets are also likely to be a primary suitor for the longtime Titan when his release is made official. New York pursued veteran backs like Donald Brown and Maurice Jones-Drew earlier in the free agent period, but came up empty in both instances. Johnson’s asking price may exceed what players like Brown and MJD were seeking, but CJ2K’s upside is arguably higher as well.

So far this offseason, backs have been hard-pressed to sign deals worth more than $3.5MM per year, so it’ll be interesting to see how Johnson does, especially since he’s coming off surgery to repair that meniscus and is hitting the market a few weeks late. Mike Florio of Pro Football Talk suggested earlier today that a contract which pays Johnson $8MM in year one, with an average annual value of $6MM, seems reasonable. But even that kind of offer may not be easy to find, considering how many teams have already addressed their backfields this offseason.

Photo courtesy of USA Today Sports Images.

Chris Johnson Resolution Expected Today

Earlier this week, agent Joel Segal suggested he thought Chris Johnson‘s time with the Titans was over, but didn’t know exactly when that would become official. It looks like Segal may have his answer. The running back himself tweeted last night that he’s en route to Tennessee for a Friday meeting with the team, and Jim Wyatt of the Tennessean reports that the expectations is Johnson will take a physical before being released.

The Titans have been expected to part ways with Johnson for some time, but recent reports of trade interest created optimism that the 28-year-old could be moved rather than cut. As I pointed out yesterday, however, once those reports start to suggest that Johnson will be released if no trade partner is found, it becomes pretty tricky to extract anything of value for him in a deal.

If and when Johnson hits the free agent market, he’ll provide an interesting case for the value of running backs — so far this offseason, backs have been hard-pressed to sign deals worth more than $3.5MM per year. Mike Florio of Pro Football Talk suggests that a contract which pays Johnson $8MM in year one, with an average annual value of $6MM, seems reasonable. But even that kind of offer may not be easy to find, considering how many teams have already fired their free agency bullets.

Agent Expects Titans To Trade Or Cut Chris Johnson

Multiple reports this week have suggested that, with the Titans’ offseason workouts scheduled to get underway on Monday, resolution on the Chris Johnson situation will come before then, in the form of a trade or release. And it sounds like his agent is preparing for that reality as well. Appearing on SiriusXM NFL Radio with Alex Marvez and Gil Brandt, agent Joel Segal admitted that Johnson’s time in Tennessee is probably over.

“I had some communications with the Titans management today,” Segal said. “I think it’s a matter of time before Chris won’t be with the Titans. I just don’t know when.”

Asked if he expects a trade or if the Titans are more likely to simply cut the former 2,000-yard rusher, Segal joked that after he was wrong about what to expect for DeSean Jackson, another one of his clients, he’s not going to make any predictions on Johnson. Still, as we saw with Jackson, when rumors began to suggest that a player is expected to be dealt or cut, it’s hard to find any value for that player on the trade market.

Jason La Canfora of CBSSports.com suggested yesterday that the Jets should be among the most serious suitors for the Titans running back, if and when he hits the open market.

AFC Rumors: Dolphins, Jets, Clowney, Texans

As they continue attempting to fortify their offensive line, the Dolphins are hosting 25-year-old free agent Jason Fox for a visit, writes Armando Salguero of the Miami Herald. According to Salguero, if the team were to sign Fox, who reportedly worked out for the Chiefs earlier this week, the former Lion would be viewed as a depth piece with a chance to earn a larger role, not the Dolphins’ starter at right tackle.

Here’s more on another free agent paying a visit to Miami, as well as a few other notes from around the AFC:

  • The Dolphins will also host free agent wideout Lestar Jean for a visit and workout, according to Aaron Wilson of the National Football Post. Jean met with the Panthers last month, but left Carolina without a deal.
  • Jason La Canfora of CBSSports.com (Twitter link) still expects the Titans to release Chris Johnson this week. If and when that happens, look for the Jets to “pounce” on the veteran running back, says La Canfora.
  • Asked about Jadeveon Clowney at South Carolina’s Pro Day today, Texans head coach Bill O’Brien confirmed that his club met with Clowney last night, tweets James Palmer of CSNHouston.com. However, according to O’Brien, the Texans’ No. 1 pick is still “wide open” (Twitter link via Brian T. Smith of the Houston Chronicle).
  • Before he signed with the Raiders, Maurice Jones-Drew was strongly considering the Patriots and Steelers as well, as he said today on Mad Dog Sports Radio (Twitter link).
  • In a pair of tweets, Aaron Wilson provides details on Dimitri Patterson‘s one-year, $3MM deal with the Jets, which includes a $1MM signing bonus, and C.J. Wilson‘s one-year, minimum-salary benefit contract with the Raiders.

Latest On Chris Johnson

The Titans’ offseason workouts get underway a week from today, and one way or another, the team will likely make a move with Chris Johnson by that point, tweets Ian Rapoport of NFL.com. As Rapoport explains (via Twitter), the Titans haven’t released Johnson yet because he has drawn some trade interest, but that interest has to turn into something tangible within the next few days, or else the club will likely end up cutting the veteran running back.

While we haven’t heard much so far about teams with potential interest in Johnson, Rapoport reports (via Twitter) that the Jets may be in the mix. New York appears reluctant to jump into the hunt for DeSean Jackson, but the team has a “level of interest” in the Titans running back.

Manish Mehta of the New York Daily News (Twitter link) echoes Rapoport’s note on the Jets having a level of interest in Johnson, adding that the team has missed out on a pair of its running back targets already this month: Donald Brown and Maurice Jones-Drew. We knew the Jets were pursuing Jones-Drew, but the fact that Brown was the club’s No. 1 RB choice, as Mehta tweets, is new information. Sources told Mehta a week ago that GM John Idzik‘s “hard-line stance” cost the Jets their top running back target earlier in free agency and that the player had signed with another AFC team — I speculated that it might have been Ben Tate, but it seems it was Brown instead.

As for Johnson, while there may be other teams with interest in him, don’t expect him to land with the Falcons. Mike Florio of Pro Football Talk reported yesterday that Atlanta isn’t a likely suitor for the former 2,000-yard rusher.

NFC Notes: Johnson, Eagles, Sanchez, Jackson

The Falcons have no interest in Titans running back Chris Johnson, reports Mike Florio of Pro Football Talk. On Friday, Jim Wyatt of the Tennessean tweeted that Atlanta would be a prime destination for Johnson, but a source tells Florio that this union will not come to fruition. It seemed dubious that the Falcons would want to invest in another aging running back to pair with veteran Steven Jackson, and the draft seems like a more viable way for Atlanta to infuse talent into their backfield. For his part, Johnson is widely expected to be released within the coming weeks.

More notes from the NFC:

  • Following the release of DeSean Jackson, the Eagles are thin at wide receiver, writes Dan Graziano of ESPN.com. Besides Riley Cooper, Jeremy Maclin and Arrelious Benn are both coming off torn ACLs, and Damaris Johnson is unproven. Newly-acquired Darren Sproles, with his acumen in the passing game, could play a key role in the Eagles offense this season.
  • The Eagles signing of Mark Sanchez doesn’t figure to start any type of quarterback controversy, but that doesn’t mean Sanchez has lost his competitive edge, notes Aaron Wilson of the National Football Post. “I’m always going to want to start,” said the quarterback. “It doesn’t matter where you are, you want to play. There’s nothing wrong with having that drive. I’ll keep that fire going and try to help this team the best I can.” A nice preseason, followed by competency in the case of a Nick Foles injury would the best way for Sanchez to rehabilitate his value.
  • Jason Fitzgerald of OverTheCap.com mentioned the 49ers as a team that could be in play for Jackson (podcast link). We noted earlier this week that the 49ers may not be able to fit him on their roster financially, but Fitzgerald argues that Anquan Boldin will likely be cut after this season, and that Jackson could be signed to contract with a low first-year base salary.

Chris Johnson Drawing Trade Interest?

MARCH 28: The Titans have yet to find a trade partner for Johnson, and if their efforts continue to fail over the next few days, the veteran running back is “very likely” to be released next week, tweets Jason La Canfora of CBSSports.com.

MARCH 19: Although there has long been a belief that the Titans may release Chris Johnson this offseason, a pair of March reports indicated the team was looking to trade him and that the veteran running back would be willing to restructure his contract to help facilitate a deal. That has resulted in an emerging trade market for Johnson, according to Mike Florio of Pro Football Talk, who reports that while no move is imminent, multiple teams have “real interest” in the longtime Titan. ESPN.com’s Ed Werder is hearing similar rumblings.

As Werder notes, Titans general manager Ruston Webster said on The Midday 180 yesterday that there’s “no real timetable” for when the club needs to make a move. Johnson isn’t owed any workout or roster bonuses this year, so there are no potential deadlines looming that would force Tennessee’s hand. Still, clearing a chunk of the 28-year-old’s $10MM cap number for 2014 would give the club some additional flexibility.

Johnson, who has only missed one game in his six NFL seasons, has compiled at least 1,000 rushing yards in each of those seasons. In 2013, he posted 1,077 rushing yards and 10 total touchdowns despite reportedly playing through a torn meniscus.

AFC Notes: Titans, Dolphins, Ravens, Steelers

Let’s take a look at some rumblings from around the AFC to wrap up this Thursday night…

  • The Titans hope to keep linebacker Kamerion Wimbley but are apprehensive about his high salary, tweets Paul Kuharsky of ESPN.com.
  • The current quandary between the Titans and Chris Johnson is similar to what the team went through with Steve McNair in 2006, writes Mike Florio of Pro Football Talk. That offseason, the team attempted to trade their quarterback but couldn’t find any suitors. McNair “forced” the issue by showing up for offseason workouts, which the Titans prevented him from attending. McNair filed a grievance, which he eventually won.
  • Since the Dolphins don’t have to pay a franchise quarterback, the team is currently in “the golden years” with their cap, tweets James Walker of ESPN. As Walker points out, they’ll eventually have to pay someone at the position (whether it’s Ryan Tannehill or somebody else). As a result, this is the time to take advantage of the flexibility (via Twitter).
  • If the Ravens were to address two more positions in free agency, it would likely be tight end and a backup defensive lineman, writes Jamison Hensley of ESPN.com. Hensley suggests that the tight end could be Ed Dickson on a cheap deal.
  • Wide receiver is one of the Steelers‘ biggest needs, opines Scott Brown of ESPN.com, and the team will likely add to their depth via the draft. Brown adds that the team could consider reuniting with Plaxico Burress, but also adds that he can’t see the team adding another veteran wideout after inking Lance Moore to a deal.

AFC Notes: Titans, Browner, Clowney, Chiefs

The Eagles are considered the favorites to land Mark Sanchez, and it’s hard to determine which other teams may be a threat to Philadelphia for the signal-caller. The Seahawks have been ruled out as a destination, and reported interest from the Rams and Giants has been significantly downplayed. Now, Terry McCormick of TitanInsider.com suggests that another rumored suitor isn’t seriously in the mix, tweeting that the Titans don’t have interest in bringing Sanchez aboard. As we wait to see where the former Jet lands, let’s check out a few more notes from around the AFC….

  • Chris Johnson‘s future with the Titans remains in limbo, as Jim Wyatt of the Tennessean writes.
  • In a series of four tweets, Tom Pelissero of USA Today explains how Brandon Browner‘s contract with the Patriots works, complete with financial specifics.
  • Field Yates of ESPN Boston (Twitter link) has the details on the playing-time incentives in Michael Vick‘s new deal with the Jets. As Yates outlines, Vick can earn bonuses up to $1MM depending on whether he appears in 50% ($100K), 60% ($300K), 70% ($550K), 80% ($900K), or 90% ($1MM) of the Jets’ snaps.
  • Texans head coach Bill O’Brien plans to attend Jadeveon Clowney‘s Pro Day next week, and is looking forward to continuing the “good talk” he had with Clowney at the combine, tweets James Palmer of CSNHouston.com.
  • Chiefs head coach Andy Reid confirmed that he spoke to free agent receiver Jason Avant, but suggested there’s nothing there when it comes to the team’s interest in the former Eagle. Reid instead hinted that he and Avant may work together down the road, according to Jeff McLane of the Philadelphia Inquirer (Twitter links).
  • Chris Owens‘ one-year contract with the Chiefs is worth $800K, which includes a $730K base salary and a $70K workout bonus, tweets Aaron Wilson of the Baltimore Sun. $80K of Owens’ base salary is guaranteed.
  • Fullback Jamize Olawale has signed his exclusive rights tender to remain with the Raiders, the team announced today (Twitter link).

Titans Notes: Verner, Woodyard, Stewart

New Buccaneer Alterraun Verner spoke earlier about his decision to leave the Titans earlier today, saying he felt undervalued by the team, writes Paul Kuharsky of ESPN.com.

“I think it’s very tough because there’s a lot of changeover, new coaches and everything like that,” Verner said. “At times, I felt that I could have been undervalued or maybe not appreciated enough.”

He said the Titans offered him a contract close to what he got in Tampa Bay, but the decision was not solely about the money.

  • Details of Wesley Woodyard‘s new contract with the Titanns have been released, reports Aaron Wilson of the Baltimore Sun and Jim Wyatt of the Tennessean (via Twitter). The $16MM contract includes $4.75MM in guaranteed money.
  • Wyatt also reported that the team’s former right tackle David Stewart is unlikely to continue his career (via Twitter). Stewart was released earlier in the week.
  • Chris Johnson has become more willing to take a pay cut if it helps the Titans to trade him, reports Mike Florio of Pro Football Talk. It is unclear if teams would be interested in the 28-year-old running back.