Maxx Crosby

Restructure Details: Bolts, Bucs, Bills, Jets

Teams continue to be aggressive in creating cap space ahead of Wednesday’s start to the 2023 league year, when franchises must be in compliance with the new $224.8MM salary cap. Here are the latest moves teams made to get there:

  • Reasonable Chargers activity in free agency should be expected. The team that began the week well over the cap has now created more than $40MM in space over the past couple of days. Following the moves to restructure Keenan Allen and Mike Williams‘ contracts, Field Yates of ESPN.com tweets the team created $25.99MM by tweaking Joey Bosa and Khalil Mack‘s deals. Mack’s 2023 cap number drops by $10.8MM, while OverTheCap’s Jason Fitzgerald adds Bosa’s drops by $15.2MM. Bosa’s 2024 number ballooned to $36.6MM because of the move. That will, then, necessitate more maneuvering down the line. The Bosa, Mack, Allen and Williams moves have created a total of $40.37MM in space, Lindsey Thiry of ESPN.com tweets. They are now more than $19MM under the cap.
  • In completing four restructures, the Buccaneers have now created more than $44MM in cap space. They redid the deals of Vita Vea, Chris Godwin, Ryan Jensen and Carlton Davis, Rick Stroud of the Tampa Bay Times reports. The Bucs have moved to being barely $5MM over the cap, after beginning March at nearly $60MM north of the salary ceiling. Cuts of Leonard Fournette, Cameron Brate and Donovan Smith have helped the team along the way as well. That said, Fournette and Brate cannot be released until after the start of the league year, Greg Auman of Fox Sports notes (on Twitter). The Bucs being unable to realize those savings until after 3pm Wednesday will force them to find a few other ways to create that space.
  • The Jets adjusted the deals of Laken Tomlinson, D.J. Reed and Tyler Conklin — all free agency additions from 2022 — to create $15.2MM in cap space, Yates tweets. Still working to land Aaron Rodgers, the Jets are now $11.5MM under the cap.
  • The Raiders are among the leaders in cap space, but Yates tweets they adjusted Maxx Crosby‘s deal to create $7.5MM in additional funds. Las Vegas holds more than $43MM in cap space, sitting third overall ahead of free agency.
  • Bills defensive tackle Tim Settle agreed to a $600K pay cut for 2023, Yates adds (on Twitter). The 2022 free agency addition still has $2.1MM in guaranteed money for 2023, with the Buffalo News’ Ryan O’Halloran adding Settle can earn up to $4.41MM this year via incentives. The Bills are moving closer to the deadline with a lot of work left ahead; they are more than $19MM over the cap.
  • The Vikings and swing backup O-lineman Chris Reed agreed to a renegotiated deal that trims his cap number by around $1MM, per Yates. Minnesota still has work to do ahead of the cap-compliance deadline, sitting more than $7MM over the cap.

Contract Details: Crosby, Gregory, Campbell, Conner, Jensen, Dissly, Glowinski

Here are the details from the latest agreed-upon contracts around the league:

  • Maxx Crosby, DE (Raiders): Four years, $94MM. The Raiders gave Crosby a $13MM signing bonus and have fully guaranteed his 2022 and ’23 base salaries ($3.5MM, $10MM), Mike Florio of Pro Football Talk notes. Crosby’s 2024 base ($19MM) will become fully guaranteed in 2023. Crosby’s 2025 and ’26 salaries ($21MM apiece) are nonguaranteed. There are $200K-per-year incentives included for All-Pro nods as well.
  • Randy Gregory, OLB (Broncos): Five years, $70MM. Denver is giving Gregory a $10MM signing bonus and has the pass rusher attached to $4MM and $14MM base salaries in 2022 and ’23, respectively, per Brad Spielberger and Doug Kyed of Pro Football Focus (on Twitter). Both years are fully guaranteed, Mike Garafolo of NFL.com tweets. Gregory’s deal includes $1MM roster bonuses in 2025 and ’26.
  • De’Vondre Campbell, LB (Packers): Five years, $50MM. Green Bay is giving Campbell a $15MM signing bonus and has backloaded the base salaries. Campbell’s first two salaries check in at $1.1MM and $1.45MM, Aaron Wilson of ProFootballNetwork.com tweets. They spike to just north of $7MM by 2024. A $3MM roster bonus is also due on Day 3 of the 2023 league year, with a $2.9MM roster bonus due at the same point on the 2024 calendar.
  • Ryan Jensen, C (Buccaneers): Three years, $39MM. Jensen will see $23MM fully guaranteed, Dan Graziano of ESPN.com tweets. His 2022 breakdown goes $1.5MM base salary and $12.5MM roster bonus. $9MM of Jensen’s $12.5MM 2023 base salary is fully guaranteed, and the other $3.5MM shifts to a full guarantee on Day 5 of the 2023 league year.
  • Will Dissly, TE (Seahawks): Three years, $24MM (max value). The deal includes a $9.3MM signing bonus but is light on guaranteed salary. Dissly’s $1MM 2022 salary is fully guaranteed, while Field Yates of ESPN.com tweets the 2023 base ($5.64MM) is guaranteed for injury. The injury-prone tight end’s 2024 base ($6.49MM) is nonguaranteed.
  • James Conner, RB (Cardinals): Three years, $21MM. Conner’s deal includes $13.5MM guaranteed, per Kyed and Spielberger (on Twitter). Conner’s 2022 and ’23 base salaries ($1.75MM and $5.75MM) are fully guaranteed.
  • Mark Glowinski, G (Giants): Three years, $18.3MM. The Giants included a $4.5MM signing bonus, and Glowinski will have cap figures of $3.35MM (2022), $7.75MM (2023) and $7.2MM (’24). Glowinski is due a $1MM roster bonus in 2023 (Twitter links via The Athletic’s Dan Duggan).

Raiders, DE Maxx Crosby Agree On Extension

Not long after reports of extension talks surfaced, Maxx Crosby will see a big raise. The Raiders locked down their Pro Bowl pass rusher Friday, Tom Pelissero and Ian Rapoport of NFL.com report (on Twitter). The Raiders announced the extension agreement.

Crosby agreed to a four-year, $98.98MM extension; the deal includes $53MM guaranteed. This is a considerable development for a player who entered the NFL as a Day 3 pick from a mid-major program.

This contract bumps Crosby into the upper echelon of edge rushers. At nearly $25MM annually, the former fourth-round pick is now the league’s fourth-highest-paid defensive player. Crosby’s deal tops Aaron Donald‘s, with only T.J. Watt, Joey Bosa and Myles Garrett‘s contracts coming in ahead of his.

This is obviously a major commitment from the Raiders, who saw Crosby quickly usurp draft classmate Clelin Ferrell as their cornerstone defensive lineman. An Eastern Michigan product, Crosby is just 24 and already has 25 sacks on his resume. He played a big part of Las Vegas clinching a playoff berth in Week 18, dominating against the Chargers to cement the team’s first postseason appearance in five years.

Crosby’s extension agreement ties him to the Raiders through the 2026 season. The Raiders are transitioning to a new regime, with Patrick Graham set to take over the defense. Friday’s contract terms certainly illustrate the Dave ZieglerJosh McDaniels duo’s faith in Crosby, acquired in Jon Gruden‘s second draft running the Raiders. The team still has Yannick Ngakoue under contract for one more season, while Ferrell and Carl Nassib are also signed through 2022.

Raiders, Maxx Crosby Working On Deal

The Raiders and defensive end Maxx Crosby are working on a new contract that would make him one of the highest-paid defensive players in the NFL, according to Vic Tafur of The Athletic. Meanwhile, they’re prioritizing Crosby’s deal over an extension for quarterback Derek Carr.

[RELATED: Latest On Derek Carr’s Trade Market]

Crosby, a 2019 fourth-round pick, has blossomed into one of the Raiders’ most impactful defenders. The Eastern Michigan product still has one more year to go on his deal, but new Raiders GM Dave Ziegler doesn’t want to let him get anywhere near the open market. Ziegler doesn’t want to show his hand or come on too strong, but he’s hinted that a Crosby contract is on the agenda.

As we’re kind of going through free agency and getting to the draft, there are going to be some of those organic conversations you’re going to have. I wouldn’t say we’re there yet,” Ziegler said. “I know it’s a curious question and I get that, but we’re just trying to take so many small bites right now. In due time, we’ll look at all those things. But it’s always good to have good players.”

Crosby, 24, earned his trip to the Pro Bowl in 2021 with eight sacks, 30 quarterback hits, 13 tackles for loss, and a league-leading 92 pressures. All in all, he’s got 25 sacks to his credit with perfect attendance throughout his young career. Tafur believes that Crosby could land in the second tier of edge rushers, somewhere behind T.J. Watt ($28MM/year), Joey Bosa ($27MM/year), and Myles Garrett ($25MM/year). A deal similar to that of Chiefs DE Frank Clark (five years, $105.5MM) could make sense, Tafur writes, though it’s worth noting that Clark inked his deal in 2019, before the market really picked up. Crosby also has stronger numbers than Clark, so there’s a case for a higher AAV.

Carr, meanwhile, set a new personal watermark in passing yards (4,804) with 23 touchdowns against 14 interceptions and a 68%+ completion rate. He also brought the Raiders to the playoffs, but the new regime may still prefer to start fresh.

Raiders Sign 5 Of 9 Draft Picks

The Raiders already have the majority of their draft class under contract. The following players have signed (all links to go Twitter):

Johnson, a converted wide receiver, notched two interceptions in each of his final two seasons at Houston. Heading into the draft, there was some buzz about him going as high as the second round, so the Raiders were undoubtedly thrilled to land him in the fourth.

Boy, we love him,” GM Mike Mayock said after the draft. “We’re a press corner team. Jimmy O’Neil, our defensive backs coach, he’s happier than I’ve ever seen him. So now we have some long, press corners that go along with Gareon and everybody else that we have. Gareon Conley, Daryl Worley, and all our guys. Bottom line, we’re ecstatic with those corners.”