Steelers Trade George Pickens To Cowboys

Coming up as a team interested in George Pickens ahead of the draft, the Cowboys are indeed moving forward with a trade to land him. The Steelers will cut bait on Pickens a year early; they are sending him to Dallas, ESPN’s Adam Schefter and Todd Archer report.

The Cowboys will obtain the contract-year wide receiver in exchange for a third-round pick. Here are the terms of the now-official trade:

Cowboys receive:

  • Pickens
  • 2027 sixth-round pick

Steelers receive:

  • 2026 third-round pick
  • 2027 fifth-round pick

Shortly before the draft, Jerry Jones had said his team was working on multiple trades. Closely linked to Tetairoa McMillan, Dallas left the draft without acquiring a CeeDee Lamb complementary target. This led to the owner confirming his team was still hunting for help at the position. The team has secured it. Pickens will relocate ahead of his contract year, becoming the latest WR talent the Steelers will pass on extending.

[RELATED: Pickens Planning To Play Out Contract Year]

The teams had discussed Pickens since before the draft, The Athletic’s Dianna Russini reports, and Dallas is believed to have upped its offer to move the trade across the goal line. Previously, Dallas had offered only a fourth-rounder, per Russini; a third proved enough to headline a successful offer. 105.3 The Fan’s Bobby Belt was the first to report the Cowboys had zeroed in on Pickens. Unlike Diontae Johnson last year, Pickens did not request to be moved, The Pat McAfee Show‘s Mark Kaboly adds.

The Cowboys have searched for a high-end Lamb complementary piece for years, and they will now trade for one. The Cowboys continue to turn to the trade market to land receiving talent. This move comes after swaps involving Brandin Cooks and Amari Cooper; the latter’s departure helped create a years-long need in Dallas. Although Jones has swung and missed on big-ticket trades for receivers in the distant past — for Joey Galloway and Roy Williams — the Cooper move panned out. A belated replacement will arrive in the form of Pickens, whose impending relocation may well nix a rumored Cooper reunion.

Dallas dealt Cooper to Cleveland in March 2022, only obtaining fifth- and sixth-round picks for him. Cooper then delivered two 1,000-yard receiving seasons for the Browns while nothing comparable occurred alongside Lamb with his previous team. The Cowboys became closely connected, mostly via Jones, to Odell Beckham Jr. that year. No signing took place, and the Cowboys played out the string without much help for Lamb.

Michael Gallup‘s December 2021 ACL tear sidetracked the former 1,000-yard playmaker’s career, and while Cooks still delivered reasonable production in 2023 following a trade, he missed a chunk of last season due to injury. Cooks returned to New Orleans as a free agent, leaving little alongside Lamb. Pickens joining holdover Jalen Tolbert in a contract year changes that equation ahead of Brian Schottenheimer‘s HC debut.

Having followed through with a rumored Pickens trade, the Steelers are now the team with a wide receiver need. This comes, of course, as the team is wooing Aaron Rodgers for what would likely be a one-and-done stay. Rodgers has not publicly committed to Pittsburgh, but he did throw passes to Metcalf and remains in communication with Mike Tomlin. The Steelers have remained confident the future Hall of Famer will ultimately sign, but his potential receiving corps is now suddenly much thinner.

That said, the Steelers have bolstered their 2026 draft arsenal. With Rodgers (or Kirk Cousins, potentially) only being a short-term fix, Pittsburgh will need better ammo in the event 2026 becomes the next draft featuring a bona fide QB1 investment. The AFC North team had been aiming to make an early-round move in either this draft or the next for a passer. After the team passed on doing so this year, by only adding Will Howard in Round 6, 2026 now looks like the draft the team will seek to acquire its belated Kenny Pickett replacement.

The Steelers still trail the Browns and Rams in terms of 2026 capital, with those teams acquiring future first-rounders in this year’s draft. Pittsburgh, however, is now projected to hold three third-round picks, two fourths and two fifths (via this trade and the compensatory process) in ’26. More work may still remain for GM Omar Khan, whose team’s ultra-high floor annually prevents a draft slot in the upper half of a first round, but this represents a start. Though, a Steelers team that struggled to find a Pickens supporting-caster last year returns to familiar territory.

Metcalf arrived a day before free agency but months after the Steelers failed to acquire Brandon Aiyuk from the 49ers. The teams had trade terms and an extension worked out. Even though the extension was worth less than what the Browns and Patriots proposed, Aiyuk had the Steelers as his safety team in case a 49ers deal did not work out. Aiyuk ended his trade derby by signing a San Francisco extension, and Pittsburgh attempted to address its receiver need with a Mike Williams trade at last year’s deadline. That move did not produce much of consequence, and Williams has since returned to the Chargers. After years of Tyler Lockett working as a quality supporting-caster, Metcalf now comes to Pennsylvania without a notable WR2 presence.

Known for making receiver investments on Day 2 in the draft, the Steelers passed on doing so this year. They left the draft with their 2022 second-round find still rostered, but incessant trade rumors clouded Pickens’ future. He will now follow the likes of Johnson, Santonio Holmes, Martavis Bryant and Chase Claypool as a wideout dealt ahead of a contract year.

The modern-era Steelers have made a habit of having just one wideout tied to a notable second contract at a time. As Hines Ward, Antonio Brown, Johnson and now Metcalf (four years, $131.99MM) cashed in, moving parts abounded. Pickens had become a player to monitor as a one-contract Steeler for months, and a post-draft report pointed to no Pittsburgh extension coming, and another Pittsburgh WR search will be a storyline to follow in the coming months.

Pickens, 24, has flashed brightly during his first three seasons. He became the latest Steelers receiver find from Day 2, leading the NFL with 18.1 yards per catch (1,140 in total) in 2023 despite inconsistent quarterback play. Pickens posted 900 yards last season, doing so despite missing three games and having a low-ceiling Russell WilsonJustin Fields tandem targeting him. Pickens is the NFL’s only player to generate three straight seasons north of 16 yards per reception and accumulated over 2,000 since 2022, according to ESPN Stats and Info.

As Dak Prescott recovers from a significant hamstring injury and enters his age-32 season, he will become the top QB tied to Pickens, who has produced some of the NFL’s most acrobatic catches during his short time in the NFL. While the latter’s contract year will unfold in Texas on a team that has already paid Lamb, Prescott targeting him should prove a welcome sight for a player who will be eager to cash in — as a Cowboy or a 2026 free agent.

Maturity concerns have mounted with Pickens, undoubtedly factoring into both Steelers WR trades this offseason, but the Cowboys will take a chance on a talented player entering his mid-20s. The Cowboys will have the Georgia alum tied to a $3.66MM 2025 base salary. They will hold exclusive negotiating rights with Pickens until March 2026. Although the Cowboys have dragged their feet on extension talks in recent years, they will have a higher-profile player to evaluate regarding a long-term fit once again.

While two lofty WR payments may be too steep for a Cowboys team that will likely enter Week 1 with monster deals for Prescott, Lamb and Micah Parsons on its cap sheet, the team has upgraded its 2025 receiver cadre in exchange for third- and fifth-round picks. It will be interesting to see how the Steelers regroup.

Eagles TE Dallas Goedert Accepts Pay Cut

10:10pm: Goedert is indeed accepting a pay cut. The Eagles will reduce his 2025 number from $14.25MM to $10MM, ESPN.com’s Field Yates reports. The Pro Bowler will have the chance to earn $1MM via incentives. This updated deal, regardless of Goedert’s performance this coming season, reducing his earning potential is interesting given the player’s importance to the team. But returning for a Super Bowl champion looks to have mattered for Goedert, who will make a case for a third contract soon.

9:40am: A busy morning of NFL news now involves the defending Super Bowl champions. After a host of Dallas Goedert trade rumors, it appears the Eagles will retain the talented tight end.

Goedert is expected to stay in Philly on a reworked deal, the Philadelphia Inquirer’s Jeff McLane reports. One season remains on Goedert’s Eagles extension. The sides are indeed proceeding with a reworking, according to NFL.com’s Mike Garafolo.

Trade offers did emerge for Goedert during the draft, Garafolo adds, and the Eagles were open to adding 2026 draft assets for the proven pass catcher/blocker. But Goedert remains one of the NFL’s top tight ends. He will be crucial to Philly’s title defense. As could be expected, Garafolo adds Eagles coaches wanted Goedert back for an eighth season. Talks about Goedert staying accelerated after the draft, McLane notes.

It is unclear what teams made offers for Goedert, but the former second-round pick preferred to stay with the Eagles over being dealt to one of the interested teams. Goedert, 30, remained in contact with the Eagles during this process. It is uncertain if he will score a second extension from the Eagles, who passed on a third Zach Ertz contract back in 2021 (before trading him and paying Goedert), but the team will have its third pass-catching pillar back for the 2025 season.

Eagles contract structures have become increasingly complicated, as option bonuses and void years pile up on their cap sheet, but Goedert was due $14.25MM in the final season of a four-year, $57MM deal. The Eagles were unwilling to commit to that nonguaranteed $14.25MM, per McLaine; a new number will emerge soon.

George Kittle and Trey McBride have upped the TE market this offseason. With A.J. Brown, DeVonta Smith, Saquon Barkley and Jalen Hurts on big-ticket deals, the Eagles may have a difficult time paying Goedert as well. But the sides will huddle up once again, giving Goedert a chance to cement his value as part of a Super Bowl title defense.

Early during free agency, the Eagles were believed to be shopping Goedert. This preceded a rumor the team would not keep the South Dakota State alum around absent a pay cut. That may well be what is transpiring. Nevertheless, the Eagles’ pass game is all set to run through Brown, Smith and Goedert together for at least one more season. After not addressing the tight end position in the draft, the Eagles would have run into a difficult time finding a Goedert upgrade this offseason. It always made more sense for the sides to find common ground, though it will be interesting to learn what other destinations presented themselves to Goedert.

While injuries have continued to crop up for Goedert, he has continued to come back after short-term IR stints. Last season did bring an extended absences — separate three- and four-game hiatuses — but Goedert reemerged to lead the Eagles in playoff receiving yards (215). Goedert has not offered the Eagles Ertz-level receiving production, having topped 800 yards in just one of his seven seasons (2021), but he has been one of the game’s best all-around TEs. He played a key role in Saquon Barkley‘s 2,000-yard rushing season, doing so after having helped Miles Sanders and D’Andre Swift to 1,000-yard years.

The Eagles will still need to address this position soon, especially if they are not intending to give Goedert a third contract. The team added Harrison Bryant and Kylen Granson this offseason, but both profile as supplementary pieces rather than a starter. While Goedert’s post-2025 future will remain a talking point, his return will strengthen the Eagles’ chances at mounting a strong championship defense. His having worked with the team on a solution also should keep the door open for a compromise on staying in Philly beyond this season.

Jets WR Allen Lazard ‘In Play’ For Steelers

After trading George Pickens to the Cowboys, the Steelers could be in the market to add depth at wide receiver. Their pursuit of Aaron Rodgers may point them towards one of his favorite targets: Allen Lazard.

Lazard is currently under contract with the Jets, but he is “‘in play’ to be traded to the Steelers,” according to Pro Football Talk’s Mike Florio. The 29-year-old wideout started his NFL career with Rodgers in Green Bay and was signed by the Jets in 2023 as part of their effort to bring the four-time MVP to New York.

Lazard put up career-worst numbers in 2023 while catching passes from three different quarterbacks following Rodgers’ Achilles injury. He was a healthy scratch for the last two games of the season but rebounded in 2024 with Rodgers back under center. Lazard missed five games due to injury and finished the season with 37 receptions on 60 targets for 530 yards and six touchdowns.

The Steelers have kept in touch with Rodgers since his visit and remain “hopeful” that he will play for the team this year, per ESPN’s Jeremy Fowler. Trading draft capital for Lazard would be another indication of Pittsburgh’s confidence that Rodgers will put pen to paper eventually.

Moving on from Lazard likely wouldn’t be an issue for the Jets after Rodgers’ departure this offseason. Their new regime signed two veterans with similar skillsets in Josh Reynolds and Tyler Johnson, per ESPN’s Rich Cimini, which could make Lazard surplus to requirements.

Lazard’s acceptance of a $7.5MM pay cut earlier this offseason makes his contract far more attractive in a trade. His 2025 salary is now just $2.25MM with $1.75MM fully-guaranteed and another $250k available in per-game roster bonuses, per OverTheCap. That’s more money than the Steelers saved by trading Pickens; while they still need to budget for Rodgers, they can still certainly afford to add Lazard to their ledger.

The Jets, meanwhile, will have to account for $6.55MM in dead money if they trade Lazard. A pre-June 1 trade would put it all on the books in 2025 and cost them an extra $1.9MM against the salary cap, while a post-June 1 trade would push $4.37MM to 2026 with $2.43MM of overall cap savings this year.

Lazard’s connection to Rodgers will no doubt interest the Steelers, especially if one acquisition would beget the other. However, they are still counting on a jump from 2024 third-rounder Roman Wilson after his disappointing rookie season, per Fowler. Injuries limited Wilson to just one appearance with five snaps and zero targets in 2024. A healthy offseason could give him a better chance at capitalizing on his impressive physical profile, especially if he’s catching passes from Rodgers instead of Mason Rudolph.

Pittsburgh now has three 2026 third-rounders they could use to add WR depth, as noted by Fowler, though it’s hard to imagine Lazard fetching more than a Day 3 pick. He might be a cheaper alternative to some of their other targets, which may be the team’s preference after their substantial investment in D.K. Metcalf. Using a late-round pick to acquire Lazard would leave the Steelers enough premium draft picks in 2026 to add another receiver on Day 2 or even move up in the first round for a quarterback.

Jaguars Release WR Gabe Davis

Jacksonville’s new regime continues to reshape its pass-catching corps. A year after Trent Baalke gave Gabe Davis a lucrative contract in free agency, James Gladstone is moving on.

Following the exits of Christian Kirk and Evan Engram, the Jaguars announced a Davis release. The $13MM-per-year player is back in free agency after a disappointing Jags debut. The team added Travis Hunter in the draft, and the 2024 Heisman winner team with 2024 first-round pick Brian Thomas Jr.

This release will bring a steep price for the Jags. As the team will build around two first-round contracts at the position to complement Trevor Lawrence‘s $55MM-per-year deal, they will incur a $20MM dead money hit by cutting Davis. That is on the higher end in WR history, but incoming regimes are generally less concerned about taking on notable cap hits for previous staffs’ failed investments.

After a productive Buffalo tenure, Davis indeed qualified as a failed signing. The Jags could reduce this dead cap considerably by designating Davis a post-June 1 cut. In that event, the team could take the dead money down to just $5.7MM for 2025 — with the rest of the bill due in 2026.

Davis caught only 20 passes last season, producing only 239 yards — by far a career-low mark — in a season that ended with a meniscus surgery. That contributed heavily to the low yardage total, as Davis missed seven games. The former fourth-round find had arrived in Jacksonville on the heels of a 746-yard Buffalo finale. The former Stefon Diggs sidekick had posted 27 regular-season touchdown receptions with the Bills and delivered one of the greatest receiver performances in playoff history — via a four-TD night in a Bills-Chiefs classic in the 2021 divisional round. The Central Florida alum did not closely resemble that version with the Jags.

Davis’ 2024 and ’25 free agencies will not produce comparable price tags. With the Jags tied to the sixth-year veteran’s 2025 money, offset language could allow Davis’ next team to add him for the veteran minimum. That would slightly subtract from the Jaguars’ dead money total. But they will still take a significant loss here. But Gladstone appears fine doing so, having made a blockbuster trade to secure Hunter as his new offensive centerpiece. Suddenly, a Jags team that had several veteran pass catcher salaries is not tied to much in that area.

Jacksonville carried eight-figure-per-year deals for Kirk, Engram and Davis last year. In 2023, the team rostered Kirk, Engram, Zay Jones‘ $8MM-per-year contract and Calvin Ridley‘s fifth-year option. Baalke’s final offseason featured a push to retain Ridley despite having given Davis a three-year, $39MM deal hours into the legal tampering period. Tennessee outbid both Jacksonville and New England for Ridley, but the Jags were still carrying a pricey skill-position corps. A year later, all those contracts are gone — even if Davis’ could still linger on the payroll through 2026 (depending on a post-June 1 decision).

A boundary wideout known for deep production in Buffalo, Davis ranked as PFR’s No. 23 overall free agent. He posted a career-high 836 receiving yards in 2022 and scored either six or seven touchdowns in each of his four Bills seasons. Davis will head into an age-26 season in 2025, which will certainly give him a chance to bounce back. But teams will certainly be leery of Davis being a Josh Allen creation as his second free agency commences.

Bears TE Colston Loveland Drew Extensive First-Round Trade Interest

In much of the leadup to the 2025 NFL Draft, there were two teams in the first round who were consistently connected to the class’s two clear-cut first-round prospects: the Bears and the Colts. The majority of pre-draft predictions saw each team landing one of either Penn State’s Tyler Warren or Michigan’s Colston Loveland, and while that did happen, there was a high likelihood that it could have turned out differently.

Interestingly, Warren spent most of the pre-draft process clearly ranked as TE1. A massive redshirt senior year saw Warren nab 104 receptions for 1,233 yards and eight touchdowns in 16 games. This was enough to overcome Loveland, who entered the 2024 season as the favorite to be the top tight end off the board following a promising, championship-winning 2023 campaign but only managed a pedestrian 56 catches for 582 yards and five touchdowns in 10 games last year.

This made it a bit of a surprise when the Bears, who had long been projected to select Warren and leave Loveland for the Colts, selected Loveland over Warren. According to ESPN’s Jeremy Fowler, Loveland took back his TE1 status with some “week-of-draft buzz.” The Bears weren’t alone in their pursuit of Loveland, either. Per Fowler, multiple teams would have attempted to trade up for Loveland had he made it into the teens.

It turns out, if Chicago had taken Warren instead of Loveland, the Colts might not have gotten their tight end. Loveland’s traits and upside reportedly made him the top tight end in the eyes of many teams, and knowing the likelihood that Indianapolis was going to draft a tight end, teams who really wanted Loveland likely would have looked to trade up in front of the 14th overall pick in order to jump in front of the Colts.

Instead, the Bears walked away with their TE1. The lack of a trade up when Warren was left on the board seems to indicate that those who were interested in a first-round tight end agreed that Warren wasn’t worth the move up that they considered Loveland to be worthy of.

NFL Minor Transactions: 5/7/25

Wednesday’s minor moves in the NFL:

Baltimore Ravens

Dallas Cowboys

Green Bay Packers

  • Signed: QB Taylor Elgersma

Houston Texans

Indianapolis Colts

Kansas City Chiefs

Los Angeles Rams

Tennessee Titans

Though the Ravens and Packers have both already announced their undrafted free agent rookie class signings, both teams added an additional name to their groups today via rookie minicamp tryouts.

Martin, a smaller defensive back with impressive speed, transferred to Louisiana after two years at Youngstown State. He became a full-time starter for the Ragin’ Cajuns in 2023, tallying 109 total tackles, three interceptions, and 13 passes defensed during his two seasons in the starting lineup.

Coming out of Wilfrid Laurier University in Ontario, CAN, Elgersma went undrafted in the NFL draft but was selected in the second round of the 2025 draft for the Canadian Football League. He was also invited for a rookie minicamp tryout in Buffalo but will no longer attend after turning his Green Bay invite into a roster spot.

49ers Almost Used First-Round Pick On Offense

Each of the 49ers’ first five picks of the 2025 NFL Draft were on the defensive side of the ball, starting with Georgia edge rusher Mykel Williams at No. 11 overall. General manager John Lynch recently discussed the decision in an appearance on the Chris Simms Unbuttoned podcast, claiming that, had Williams not been around, offense would’ve been the focus in the first round.

Now, the first few offensive picks to immediately follow the selection of Williams were Alabama offensive guard Tyler Booker, Penn State tight end Tyler Warren, North Dakota State offensive lineman Grey Zabel, and wide receiver Emeka Egbuka. While Warren was certainly a highly talented prospect with good value at that point of the draft, the team’s plans for the tight end position were made clear when they extended George Kittle days after the draft.

While Egbuka could’ve helped to make up for the departure of Deebo Samuel, the team signed Brandon Aiyuk to a four-year extension and used a first-round pick on Florida receiver Ricky Pearsall just last year. Combine that with the fact that Jauan Jennings, the team’s leading wide receiver from 2024, is returning to the fold, and drafting Egbuka eight spots before he ended up being selected doesn’t seem very reasonable.

In an early draft of the Pro Football Rumors’ first-round mock draft, I initially had Missouri offensive tackle Armand Membou finding his way to the Bay Area. As it became clear that Membou was being valued with a higher draft stock, I reevaluated and sent him to New York. My reasoning for targeting an offensive tackle with the 11th overall pick still stands, though.

Historically, the 49ers haven’t drafted a guard in the first round since making Mike Iupati their second first-round selection in the 2010 NFL Draft. So, though they do have a need at guard, it’s more likely that they would look past an obvious projected guard like Booker in favor of someone with potential to play at tackle. In the interview, Lynch explained that they were shocked to see Texas offensive tackle Kelvin Banks Jr. still around when he was selected at ninth overall, and Banks was linked to San Francisco plenty in the pre-draft process, likely due to both his projection as a guard in the NFL and his experience as a tackle in college, giving him potential at both positions.

With Banks already off the board in the hypothetical, the focus now turns to Zabel. Though Zabel was projected to be a center at the NFL level, it was the only position he didn’t play for the Bison. He started 33 games at tackle (17 at right, 16 at left) and seven games at guard (four at left, three at right). This could’ve made Zabel a strong fit for the 49ers, who have an immediate need to replace former starting guard Aaron Banks and a not-so-distant need to eventually replace Trent Williams (age) or Colton McKivitz (contract) at tackle.

Instead, Williams fell into the 49ers’ lap, and they’ll hope to set him up across from Nick Bosa on the defensive line. Additionally, they spent their next four picks on defense and didn’t address the guard spot until their second-to-last pick in the seventh round. They’ll either need to make another offseason addition to the offensive line or depend on Ben Bartch to be a reliable starter in 2025 after only logging 10 starts in the last three years.

NFL Draft Pick Signings: 5/7/25

Today’s 2025 NFL Draft pick signings as we begin to get into rookie minicamps. Here is another group of mid- to late-rounders who signed their four-year rookie contracts today:

Denver Broncos

Houston Texans

The Broncos followed up yesterday’s signing of tight end Caleb Lohner (seventh round, Utah) with rookie contracts for two more of their 2025 draft picks.

Bryant’s 6-foot-2, 204-pound frame, jumping ability, and strong hands make him a reliable receiver at the catch point, but his below-average athleticism will limit his separation in the NFL. He posted 984 yards and 10 touchdowns in his senior year at Illinois but will face an uphill battle for playing time as a rookie in a crowded Broncos receiver room.

The Broncos used a sixth-round pick on Crenshaw after moving on from veteran Riley Dixon this offseason. Barring injury or a disastrous training camp, the former Gator will take over as Denver’s punter this season. He was the only punter selected in the 2025 draft.

The Texans surprised many by taking Smith in the third round after he was projected to be a Day 3 pick. His size may restrict him to nickel duties in the NFL, a role he filled in 2022 and 2023 for the Trojans. He played on the outside in 2024 and could still compete for a boundary role in Houston, who just extended safety/nickel defender Jalen Pitre this offseason.

Broncos Considered Trading Up For Ashton Jeanty

The Broncos explored multiple trades during the first round of the 2025 NFL Draft, according to ESPN’s Jeremy Fowler, including a blockbuster move into the top-10 for Boise State running back Ashton Jeanty.

Denver made no secret of their desire to add a running back during the lead-up to the draft, but the price to trade up was ultimately too high. Snagging Jeanty likely would have required the fifth overall pick considering his pre-draft links to the Raiders, who owned the next selection. Moving up 15 slots from the No. 20 pick could have cost multiple future first-rounders, which was likely a non-starter for the Broncos after losing their top picks in 2022 and 2023 to the ill-fated Russell Wilson trade.

Instead, Denver stood pat at No. 20 and selected Texas cornerback Jahdae Barron, who was widely seen as the best player on the board. Terry Joseph, Barron’s defensive pass game coordinator at Texas and cousin of Broncos defensive coordinator Vance Joseph, endorsed the versatile defensive back, per Fowler, giving the team even more confidence in their pick.

The Broncos were also interested in Ohio State wide receiver Emeka Egbuka, who went off the board one pick before they were on the clock. Had neither Egbuka nor Barron been available, the Broncos were prepared to trade back for a running back in the first round, discussing terms with the Texans for their pick at No. 25.

In that case, Denver’s target likely would have been another former Buckeye in TreVeyon Henderson, who went to the Patriots with the 38th pick before the Broncos were back on the board. They pivoted to UCF running back R.J. Harvey with their next pick at the end of the second round, allowing them to come away from the draft with a coveted running back without a costly trade up in the first round.

Trey Hendrickson Could Hold Out Amid Contract Stalemate With Bengals

The Bengals are at a stalemate with Trey Hendrickson. The team has yet to meet his demand for a contract extension or a trade, which could lead him to hold out this summer, according to ESPN’s Jeremy Fowler.

Hendrickson is due $16MM in 2025, the final year of his contract. After leading the league in sacks on the way to a first-team All-Pro selection in 2024, he wants a new deal that pays him as one of the league’s top edge rushers and keeps him in Cincinnati for the foreseeable future. If the Bengals won’t pay him, he’d prefer to be traded to a team that will.

If the team doesn’t meet either of those demands, Hendrickson seems prepared to skip OTAs and potentially continue a holdout into training camp. That would leave the Bengals without their best defensive player as they install a new scheme under new defensive coordinator Al Golden.

Missing Hendrickson during training camp would be concerning, but manageable. An extended holdout into the regular season, however, could be disastrous for a Cincinnati defense that lacks another pass-rushing threat. Hendrickson was responsible for 17.5 of the team’s 36 sacks last year; no other Bengal posted more than 5.0. That should give him significant leverage in the coming months, especially since the team declined to add any proven pass-rushing talent this offseason.

The Bengals did draft Texas A&M’s Shemar Stewart, a pick that has largely been viewed in the context of Hendrickson’s contract situation. While the two had similar frames and athletic profiles as prospects, Stewart’s lack of college production makes it unlikely he can make up for the potential absence of his veteran teammate right away. The Bengals already needed a second starter on the edge after parting ways with Sam Hubbard this offseason, so selecting Stewart was likely more about finding a pass-rushing partner for Hendrickson rather than a direct replacement.

Cincinnati has engaged with Hendrickson on an extension, and their rejection of multiple trade offers indicates a desire to get a deal done. However, major financial commitments to Ja’Marr Chase, Tee Higgins, and Joe Burrow may deter the notoriously frugal franchise from giving a long-term market-level deal to Hendrickson. He’s stated a desire to stay in Cincinnati, but if the team has no designs to keep him past 2025 or trade him to a new team this summer, he may have to settle for a one-year raise and hope to cash in as a free agent next year.