2026 NFL Free Agency: The Best and Worst Contracts of the Offseason

 

 

A Market That Broke Records and Raised Eyebrows

 

The 2026 free agency nfl 2026 period produced contracts that ranged from genuinely shrewd to borderline indefensible, and the football tipsters of TipsGG were not the only ones left debating whether teams spent wisely. Analysts at ESPN, Bleacher Report, and Fox Sports all weighed in with grades and verdicts, and the gap between the best and worst deals was enormous. Some teams found real value. Others will be paying for their desperation for years.

 

The quarterback market alone generated controversy before anything else moved. Daniel Jones, who the Indianapolis Colts originally placed on the transition tag, eventually signed a two-year pact worth $88 million with $60 million guaranteed. Bleacher Report called it one of the 10 worst signings of the offseason and noted it was the biggest two-year contract ever awarded in NFL history. Fox Sports, citing an NFL agent, put the total potential value at up to $100 million. Either figure, the number is staggering for a quarterback whose track record does not justify that level of commitment. The Colts are betting enormously on a player most teams passed on.

 

Edge Rushers Dominated the Big-Money Deals

 

Pass rushers commanded the largest checks in 2026, and the draft grades mentality bled straight into free agency evaluations. Jaelan Phillips landed the richest edge rusher deal of the class, signing with the Carolina Panthers on a four-year, $120 million contract. Bleacher Report flagged it as one of the five biggest deals of the offseason. One YouTube breakdown assigned it a B-minus, which felt generous to some observers given the injury concerns surrounding Phillips throughout his career.

 

Trey Hendrickson went to the Baltimore Ravens on a four-year, $112 million deal with $60 million fully guaranteed. ESPN gave it a B-minus. A separate video analysis called it an A-minus while still noting the obvious tension: $112 million is a lot of money for an injury-prone defensive end who turns 32 next season. Baltimore is betting on a shrinking window, and the guaranteed money offers little protection if his body gives out in year two or three.

 

Odafe Oweh’s move to the Washington Commanders sits in murkier territory. Fox Sports reported the deal at four years and $100 million with $68 million guaranteed. Bleacher Report put the total at $96 million with almost $70 million in guarantees. The slight discrepancy between sources probably reflects incentive structures, but regardless of which number is accurate, Washington committed enormous money to a player Bleacher Report placed squarely on their worst signings list. The Commanders, fresh off a Super Bowl run, were aggressive. Whether aggressive becomes reckless depends entirely on Oweh staying healthy and productive.

 

Miami Found Value, New Orleans Found a Bargain Quarterback

 

The Miami Dolphins’ signing of Malik Willis drew genuine praise. Fox Sports described it as one of the best signings in free agency, with the deal running three years at $67.5 million and $45 million guaranteed. Willis came to Miami from Green Bay, where he spent time as a backup, and the Dolphins are betting he translates his athleticism into consistent production at starter level. The contract is aggressive but not irrational given the current quarterback market.

 

New Orleans made a far quieter splash. The Saints signed Tua Tagovailoa to a one-year deal for just $1.2 million, which ESPN named the best move of their 2026 offseason. Tua, like Kyler Murray, will reportedly collect significantly more money from his former team while playing elsewhere, making the base salary almost irrelevant. Minnesota got Murray on a one-year deal at $1.3 million and ESPN called it their best offseason move. Both quarterbacks represent the kind of low-risk, high-upside acquisitions that make the nfl power rankings shift in quiet ways.

 

Bargain Deals That Deserve More Attention

 

Not every great signing costs nine figures. The Dallas Cowboys grabbed cornerback Cobie Durant from the Los Angeles Rams on a one-year, $4 million deal. ESPN identified it as Dallas’s best move of the offseason and noted the price was roughly what Dak Prescott earns per game. For a team that has struggled at corner, Durant represents real value at essentially no financial risk.

 

Philadelphia signed Riq Woolen to a one-year, $12 million deal, which ESPN also labeled the Eagles’ best offseason move. The Los Angeles Rams signed Jaylen Watson to a three-year, $51 million contract as part of what ESPN described as a cornerback revolution, calling it the team’s best move. The Panthers signed offensive tackle Rasheed Walker to a one-year deal worth up to $10 million and received an A grade from ESPN. Low cost, low commitment, high upside.

 

Deals That Left Analysts Unimpressed

 

Some signings drew outright skepticism from evaluators. ESPN assigned a D grade to the Cincinnati Bengals’ signing of defensive tackle Jonathan Allen on a two-year, $26 million contract. The context matters: the Minnesota Vikings had signed Allen the prior year at $16.2 million for 2025, with only $8 million of his $17 million in 2026 cash fully guaranteed. The Bears released Tremaine Edmunds rather than pay him $15 million in 2026, and the Giants then signed him to a three-year, $36 million deal that earned a C from ESPN.

 

The Tennessee Titans signed cornerback Cor’Dale Flott to three years at $45 million and received a C-minus. The Las Vegas Raiders signed edge rusher Kwity Paye to three years at $48 million and got a D-plus. Those two signings, sitting alongside each other, paint a picture of teams paying starting-caliber money for players whose production has not yet justified that tier of investment.

 

Interior Linemen and Running Backs Round Out the Class

 

Guard Zion Johnson received $16.5 million per year over three seasons as part of a broader roster overhaul, per Bleacher Report. Center Tyler Linderbaum locked up a three-year, $81 million deal. Wide receiver Alec Pierce signed for four years at $116 million. Romeo Doubs, the former Packers receiver, got four years at $68 million, a sum one analyst described as a lot of money for a non-superstar.

 

Travis Etienne Jr. landed with the New Orleans Saints. CBS Sports listed the deal at four years and $52 million, though a separate analysis put the total at $47.4 million with $24 million guaranteed through the first two seasons. The Saints earned a C-plus grade for the signing. John Franklin-Myers, coming off two strong years with Denver, signed with the Tennessee Titans for three years at $63 million and drew a B-plus.

 

Kenneth Walker III’s deal with the Kansas City Chiefs landed on Bleacher Report’s worst signings list, though exact terms were not detailed. The Cowboys’ decision to bring back Terence Steele on a restructured deal was named their worst offseason move by ESPN. The 2026 class, as a whole, was a market where patience and discipline separated the winners from the teams that will spend the next few seasons explaining their choices.