Transactions News & Rumors

Cowboys Release Gareon Conley; CB Plans To Retire

The Cowboys have released cornerback Gareon Conley, per a team announcement. The club just signed Conley in June in the hopes that the 2017 first-rounder — who last suited up for regular season action in 2019 — could make a comeback in Dallas, where he would be reunited with Paul Guenther (Guenther, currently a Cowboys assistant, was the Raiders’ defensive coordinator from 2018-19, when Conley was a starter for the then-Oakland outfit).

Rather than continue his journey back to an NFL roster, Conley has decided to retire, per ESPN’s Todd Archer. As Clarence E. Hill Jr. of the Fort Worth Star-Telegram reports, Conley requested his release, and the Cowboys obliged.

Conley, now 29, played in just two games for the Raiders in his rookie season in 2017 due to injury, but he was elevated to the starting lineup the following season, the first year of Jon Gruden‘s second stint with the club. The Ohio State product played reasonably well in his first extensive professional action, earning an average 64.0 overall grade from Pro Football Focus and accumulating three interceptions — including one pick-six — among 15 passes defensed.

He remained a starter in 2019 and performed at a similar level, which was enough for the Texans to send a third-round choice to the Raiders at that year’s deadline to acquire Conley’s services. However, it was not enough for Houston to exercise his fifth-year option, which turned 2020 into a platform year. Unfortunately, instead of making his case for a lucrative second NFL contract, Conley never got into another meaningful game.

He underwent arthroscopic ankle surgery in the 2020 offseason, and though he was medically cleared to return to practice that August, he landed on IR before the season started. As it turned out, the ordinarily minor procedure led to unexpected complications, and Conley eventually required another surgery.

Conley filed a grievance against the Texans stemming from his medical issues, a matter that was recently settled for $100K. He officially exits the game after having played in just 31 contests (26 starts), though he did earn $10.5MM over the life of his rookie deal.

We at PFR wish Conley the best in retirement.

Minor NFL Transactions: 7/27/24

Saturday’s minor moves around the NFL:

Cleveland Browns

Dallas Cowboys

Denver Broncos

Detroit Lions

Miami Dolphins 

New Orleans Saints

New York Jets

San Francisco 49ers

Martinez had a productive dual-threat career in college, scoring 96 total touchdowns during his time with Nebraska and Kansas State. He joined the Lions as a UDFA last spring, but he did not survive roster cutdowns. Martinez did not see any NFL game action, but he recently boosted his stock in the UFL. The 24-year-old earned league MVP honors while leading the Birmingham Stallions to the championship. Martinez compiled a combined 17:4 touchdown-to-interception ratio and led the league with 588 rushing yards.

The top of New York’s depth chart is set with Aaron Rodgers and Tyrod Taylor, but rookie Jordan Travis opened training camp on the NFI list as he continues to recover from the leg injury which ended his Florida State career. Martinez’s arrival (and the corresponding departure of Bryant) will allow him to see limited reps for at least a brief period. He could be a practice squad candidate if Travis returns to health in time for the fall, but a strong showing in training camp and/or the preseason could make him an attractive option for other teams.

Packers, QB Jordan Love Agree On Extension

The next domino has fallen in regard to quarterback contracts. According to Ian Rapoport of the NFL Network, the Packers have reached an agreement extending quarterback Jordan Love on a four-year, $220MM deal. The contract makes Love tied for the highest annual average salary in NFL history.

The Packers quarterback is set to receive an NFL-record $75MM signing bonus. Jared Goff‘s signing bonus this year of $73MM is the next-closest such figure. ESPN’s Adam Schefter reports that Love’s new contract includes $155MM in new guarantees. Love will collect $79MM in the deal’s first year, per NFL.com’s Tom Pelissero, who adds he will see $175MM over the contract’s first three years. That betters Goff’s three-year total by $10MM.

This wraps a pivotal day for NFL contracts, with Love’s extension coming hours after the Dolphins gave Tua Tagovailoa a four-year, $212.4MM deal. Unlike Joe Burrow, Justin Herbert and Trevor Lawrence over the past year, Tagovailoa and Love agreed to four-year contracts. This will put the 2020 draftees in position to potentially cash in on third NFL deals earlier than the Chargers, Bengals and Jaguars passers, who agreed to five-year deals. After a report Friday afternoon indicated contract structure was holding up this agreement, the parties hammered out a deal that will tie Love to Green Bay through the 2028 season.

Love’s path to his big payday is one not often seen in the NFL. After being the fourth quarterback taken in the first round of the 2020 NFL Draft, Love was the only one of the four passers to not start at least half the season as a rookie. In fact, Love was the only first-round pick in that year to not even appear in a game his rookie season. He fell victim that year to the Packers’ notorious strategy of drafting and stashing a quarterback talent while their long-time veteran finishes out his time in Green Bay.

After redshirting his rookie year, Love made his first career start in 2021, replacing a COVID-19-positive Aaron Rodgers. He delivered a middling performance in a loss to the Chiefs and appeared in mostly garbage-time situations for nine other games in 2021 and 2022. In 2023, after Rodgers forced a trade to the Jets, Love finally was given an opportunity to prepare for the season as a starter. With ten game appearances and only one start under his belt, Love took over the offense, starting all 17 games last year. In his first season as the starter under center, Love went 9-8 in the regular season, completing 64.2 percent of his passes for 4,159 yards, 32 touchdowns, and 11 interceptions.

Green Bay’s 9-8 record under Love was good enough to earn them a playoff spot as the No. 7 seed, setting them up for a trip to the No. 2-seeded Cowboys in Super Wild Card weekend. Love played lights out, knocking out Dallas before going toe-to-toe and losing a three-point contest to the top-seeded 49ers.

That is the story of Love’s career: the lone season as a starter in the NFL. That was apparently enough for Green Bay to tie him with Burrow and Lawrence as the highest-paid players in NFL history. Burrow and Lawrence both are making $55MM per year on five-year contracts, so technically they are in line to receive more money than Love, but the Packers passer’s $220MM in four years matches them in annual value.

While this level of commitment may seem excessive for an 18-game starting sample (plus two postseason starts), with a contract year on the horizon, it would have been risky to allow Love to test free agency or potentially improve his bargaining position. The team is confident enough in Love’s potential and happy enough with Love’s production, that they deemed him worth what Lawrence was making, at least.

Both sides wanted this deal done by training camp, though it took a few extra days. As negotiations with the Packers had been failing, Love was staging a hold-in, attending training camp to avoid fines but participating minimally, if at all. After finally putting pen to paper, Love should be suited up for the team’s next training camp session.

The most important remaining ongoing contract negotiation is that of Cowboys passer Dak Prescott. Currently ranking 14th in average annual salary, Prescott’s regular-season success should set him up for a big payday, once he comes to terms with Dallas. The Tagovailoa and Love accords being completed will help set the table for Prescott, who possesses unique leverage in his latest Cowboys negotiations.

The Packers, though, have checked that item off the to-do list. Since trading for Brett Favre in 1992, watching him reign until 2007, letting 2005 first-round pick Rodgers take over in 2008 and reign until 2022, the Packers have enjoyed longevity at the quarterback position for 32 years. The question facing Love was whether or not he would allow Green Bay to continue that trend. Love will be 30 years old the next time he gets a chance to test free agency; that is, if the Packers don’t decide to push their longevity trend even further.

Dolphins, Tua Tagovailoa Agree To Extension

Training camp participation will no longer be an issue for Tua Tagovailoa. The Dolphins quarterback has agreed to a four-year, $212.4MM extension, as first reported by Mike Garafolo and Ian Rapoport of NFL Network.

Many of the league’s QB mega-deals have been five years in length, making this extension slightly unique. It is the most expensive four-year investment in league history with an average annual value of $53.1MM, third highest amongst signal-callers. Rapoport adds Tagovailoa will receive $167.1MM guaranteed.

Given the 26-year-old’s injury history, questions have been raised this offseason regarding how much of a long-term commitment the Dolphins would be willing to make. Full details are not yet known, but Pro Football Talk’s Mike Florio reports this deal is a three-year accord in terms of practical guarantees. As a result, Tagovailoa will be in place atop Miami’s QB depth chart through at least the 2027 campaign.

Team and player in this case expressed a desire in February for a deal to be worked out in relatively short order. Miami dealt with a number of other priorities in the months since, then, however, and talks continued through to this week. Tagovailoa was largely a non-participant in spring workouts, a departure from his normal offseason routine. The Alabama product made it clear he was acutely aware of the surging market value of quarterbacks on their second contracts, something which applies to him. Tagovailoa was already on the books for 2024 via his $23.17MM fifth-year option.

Using one or two franchise tags after this season would have been an option had the Dolphins taken a hardline stance at the negotiating table, but they have instead made a long-term commitment. Tagovailoa put up career highs in a number of categories in 2023, a campaign in which he crucially managed to remain healthy. He led the NFL in passing yards (4,624) and earned his first career Pro Bowl nod while helping the team to an 11-6 record and a postseason berth. Needless to say, expectations for a repeat of that success (and beyond) will be in place moving forward.

Miami inked receiver Jaylen Waddle to a $28.25MM-per-year deal this spring, and teammate Tyreek Hill is angling for a raise as well. Keeping that tandem in place while also retaining Tagovailoa in the fold has been an overarching goal for the organization during the offseason, one in which the likes of Christian Wilkins and Robert Hunt departed via free agency. It remains to be seen what happens with Hill, but now Waddle and Tagovailoa’s futures have received clarity.

The latter rejected at least one extension offer prior to today’s blockbuster accord being finalized (something which came as little surprise considering Miami’s initial unwillingness to offer a market-value pact). A report from earlier this week indicated Tagovailoa and the Dolphins were not as close to working out a deal as Jordan Love and the Packers were. Instead, Miami has managed to get negotiations across the finish line before Green Bay. This deal will serve as another blueprint for the Packers and Love to follow with seven quarterbacks now occupying the $50MM-per-year club.

Tagovailoa reported to training camp on time, but he barely participated during the first day of practice. That was followed by a total on-field absence yesterday, a sign that an extended period of uncertainty regarding his availability could extend for days or longer. The former No. 5 pick took every first-team rep in Friday’s practice, though, a development which certainly makes sense given the fact a monster deal has now been agreed to.

Head coach Mike McDaniel has been in place for the past two years, having been hired in large part to maximize Tagovailoa’s potential. The pair have worked well together so far, and 2023’s productive (albeit inconsistent) showings on offense offered a glimpse of what could be possible down the road. Now, the McDaniel-Tagovailoa partnership will remain in place for the foreseeable future.

Minor NFL Transactions: 7/26/24

Today’s minor moves to wrap up the week:

Carolina Panthers

Cincinnati Bengals

Green Bay Packers

Kansas City Chiefs

Los Angeles Rams

New England Patriots

Philadelphia Eagles

  • Activated from active/NFI list: WR Shaquan Davis

Seattle Seahawks

Tampa Bay Buccaneers

Blair reunites with the Seahawks after two years away. A former second-round pick for Seattle, Blair spent parts of 2022 with the Panthers and Eagles before spending last year out with an Achilles tear.

Cannella, who formerly went by Sal, played for the Arlington Renegades of the UFL earlier this year, leading the league with six receiving touchdowns and finishing first among tight ends with 53 catches and 497 yards. He’s been in an out of the NFL with stints in the USFL and XFL before; the Bucs are hoping this time will stick.

Rams To Sign CB Jerry Jacobs

Jerry Jacobs has found his next home early in training camp. The veteran cornerback is set to sign with the Rams, ESPN’s Jeremy Fowler reports.

Jacobs took a number of visits this offseason, but that did not include any known ones with Los Angeles. Of course, the Rams’ secondary has recently been dealt a blow with Derion Kendrick suffering an ACL tear. Jacobs will now step in and attempt to carve out a defensive role in Kendrick’s absence.

After three seasons with the Lions, Jacobs did not receive an RFA tender. That left him free to explore other opportunities, and he took visits with the Falcons and Vikings in May. Neither of those produced a deal, nor did his meeting with the Panthers earlier this week. With Kendrick going down, though, a new opening emerged and Jacobs will have the chance to compete for a starting spot or at least part-time defensive duties alongside the likes of Darious Williams, Tre’Davious White and Cobie Durant.

The 26-year-old has made 29 starts, including 12 last season. Jacobs posted a career high in interceptions (three) and tackles (55) in 2023, although his coverage statistics were worse than in years past. Detroit made additions at the cornerback spot via free agency, trade and the draft this offseason, leaving Jacobs in need of a new home. The Arkansas alum could prove to be a cost-effective addition if he manages to remain healthy and earn playing time in Los Angeles, though.

The Rams entered Friday with roughly $8.3MM in cap space, allowing for an addition such as this one. The Jacobs deal will no doubt be a one-year investment, one which will allow him to boost his free agent stock ahead of next offseason. If he fits in with Los Angeles, his arrival could prove to be a notable summer pickup.

Panthers To Sign Kemoko Turay

Carolina’s efforts in auditioning several edge rush options will produce at least one deal. The Panthers are signing Kemoko Turay following his workout, Aaron Wilson of KPRC2 tweets.

Turay visited the team yesterday alongside Marquis HaynesHe will now spend training camp attempting to carve out a spot on the 53-man roster. Turay’s last regular season appearances came in 2022 with the 49ers, and he spent last offseason with the Falcons. Upon failing to survive roster cuts, though, he was unable to find a deal.

The 29-year-old played out his rookie contract from 2018-21 with the Colts. Turay operated in a rotational capacity during that time, with his only three career starts coming in his rookie season. The former second-rounder flashed potential with four sacks during his debut campaign, but he managed just 2.5 across the following two seasons. Turay only logged a 27% snap share in 2021, but he racked up 5.5 sacks and 12 pressures that year.

The Rutgers product was unable to match that production during his one-and-done San Francisco slate, so he will join the Panthers with limited expectations. Carolina is in need of depth along the edge, though, with plenty of uncertainty in place beyond projected starters Jadeveon Clowney and D.J. Wonnum. Turay will look to earn a rotational edge rush role; he does not have special teams experience, so third phase duties do not represent a feasible path to a roster spot.

Carolina will audition Yannick Ngakoue and Carl Lawson today, and it will be interesting to see if either of them manage to secure a deal. Regardless of whether of not that happens, Turay will have an opportunity through the next several weeks as he aims to earn a regular season role.

Minor NFL Transactions: 7/25/24

Here are Thursday’s minor moves:

Atlanta Falcons

  • Placed on active/PUP list: FB Robert Burns

Carolina Panthers

  • Waived/injured: DT Popo Aumavae

Dallas Cowboys

Detroit Lions

Houston Texans

  • Cut via injury settlement: WR Jared Wayne

Minnesota Vikings

New York Jets

Philadelphia Eagles

  • Signed: WR Griffin Hebert
  • Waived from active/NFI list: T Gottlieb Ayedze

San Francisco 49ers

Seattle Seahawks

  • Signed: WR Ty Scott
  • Waived: CB Andrew Whitaker
  • Activated from active/NFI list: LB Easton Gibbs

Tampa Bay Buccaneers

  • Signed: TE Sal Cannella

Tennessee Titans

Via this transaction, the Jets are temporarily moving Reddick off their 90-man roster. Unlike placements on the active/PUP or active/NFI lists that are commonplace in July, Reddick is technically out of the mix for the Jets until his holdout ends. The trade acquisition has not shown up at any point since being traded to the Jets in March.

Diggs suffered a torn ACL during a late-September practice. He is not expected to be sidelined past Week 1, but the Cowboys will not have him at practice for a bit.

Levin has been a Titans backup for most of the past six seasons, playing regularly on special teams and starting four games during his career. An interior O-lineman, Levin played the past two seasons on one-year Tennessee deals. This marks yet another chance for Ray, a Broncos first-rounder back in 2015. This agreement comes after Ray worked out for the Titans in May. Ray, 31, spent time with the Bills during the 2023 offseason but has not played in a regular-season NFL game since 2018.

Vikings, LT Christian Darrisaw Agree To Extension

JULY 25: Joining Jaylen Waddle, DeVonta Smith and Penei Sewell as 2021 first-rounders already extended, Darrisaw’s base value will fall short of Sewell’s $28MM-per-year Lions deal. The Vikings gave their left tackle a four-year, $104MM contract, according to OverTheCap. The contract includes $43.73MM guaranteed at signing, but Darrisaw is all but certain to add $13.29MM (his 2026 base salary) to that total. If Darrisaw is on Minnesota’s roster as of Day 3 of the 2025 league year, his 2026 base locks in.

This rolling guarantee structure, increasingly popular in recent years, also includes $8.38MM of Darrisaw’s 2027 compensation ($16.5MM) becoming guaranteed in March 2026, per Pro Football Talk’s Mike Florio. The Vikings also guaranteed $2MM of Darrisaw’s 2028 base salary for injury, with the rest of that money becoming guaranteed in 2028. This contract makes Darrisaw the NFL’s highest-paid left tackle.

JULY 23: Christian Darrisaw has landed a big-ticket deal with the Vikings. The left tackle agreed to an extension on Tuesday, as first reported by Tom Pelissero and Ian Rapoport of NFL Network.

This will be a four-year pact worth up to $113MM, ESPN’s Adam Schefter adds. Darrisaw will collect $77MM in guaranteed money, including $43.7MM locked in at signing. The offensive lineman still had two years remaining on his contract after having his fifth-year option picked up earlier this offseason.

This four-year extension will be added to the end of Darrisaw’s rookie deal, meaning the 25-year-old is locked in through the 2029 campaign. Considering general manager Kwesi Adofo-Mensah wasn’t in place when the Virginia Tech alum was drafted, there was some uncertainty regarding the timeliness of a potential Darrisaw extension. Ultimately, the two sides completed a deal with time to spare.

The 2021 first-round pick has established himself as one of the league’s top OTs while blocking for Kirk Cousins in Minnesota. Pro Football Focus graded Darrisaw as the second-best offensive tackle in 2022, and he followed that up with an eighth-place finish (among 81 qualifiers) in 2023. The lineman has missed 10 regular season games in three years, but he managed to get into a career-high 15 games this past season.

While Darrisaw still has a few years before the extension kicks in, the new deal will vault him up the list of the league’s highest-paid left tackles. The $77MM in guaranteed money is now the highest commitment at his position, and the extension’s $28.25MM average annual value would top Laremy Tunsil‘s $25MM AAV. Darrisaw still has about $20MM coming his way in the final two seasons of his current deal.

As the Vikings transition from the veteran Cousins to a rookie in J.J. McCarthy, the front office is assuring some continuity elsewhere on offense. McCarthy’s rookie contract has also allowed the organization to allocate finances elsewhere. In addition to Darrisaw’s new contract, the Vikings also handed wideout Justin Jefferson a lucrative extension this offseason.

While there’s a bit of uncertainty surrounding the offense moving forward, the Vikings can rest easy knowing their core is locked in. In addition to Darrisaw, Jefferson, and McCarthy, the team has Jordan Addison on his rookie contract and tight end T.J. Hockenson signed long-term.

Panthers Sign WR Deven Thompkins

Waived by the Buccaneers after allegations of domestic violence surfaced, Deven Thompkins later received word he would not be suspended under the NFL’s personal conduct policy. This will lead to another chance for the young wide receiver.

The Panthers added Thompkins on Thursday, reuniting him with 2023 Bucs OC Dave Canales. Thompkins has largely operated as a backup and return specialist. With the Panthers having made some notable receiver investments over the past two years, it would appear Thompkins will compete for such a role in Carolina as well.

The Bucs waived Thompkins, 24, with an injury designation in June, doing so days after his estranged wife alleged domestic abuse. Thompkins’ wife, Maria Castilhos, accused the wide receiver of physical abuse dating back to February 14, 2023. Thompkins filed for divorce on Feb. 27, 2024. In the wake of Castilhos’ accusations, he recently filed a lawsuit against her for defamation and tortious interference with his NFL contract. As part of that claim, Thompkins alleges that Castilhos threatened him “with fabricated allegations of domestic violence unless he met her financial demands for additional alimony” in the divorce proceeding.

An NFL meeting led to assurances the 5-foot-8, 155-pound wideout would not receive a suspension. Barely a week after that ruling, the former UDFA will receive another shot. This comes at an interesting point, as an offseason rule change is set to revive the kickoff return. Thompkins served as Tampa Bay’s primary kick returner in 2022 and ’23; he was also the Bucs’ lead punt returner last season.

Raheem Blackshear and Laviska Shenault Jr. served as Carolina’s kick returners last season. Shenault is now with the Seahawks, while Blackshear remains on the Panthers’ roster. As a receiver, Thompkins caught 17 passes for 83 yards and a touchdown last season.