What happened in the first week of NFL free agency: From Kirk Cousins to the Falcons to Justin Fields' trade to the Steelers

Pittsburgh now has Fields and Russell Wilson at quarterback. Stay here for the latest news from The Athletic's staff.
Dianna Russini, Jeff Howe and The Athletic NFL Staff
What happened in the first week of NFL free agency: From Kirk Cousins to the Falcons to Justin Fields' trade to the Steelers
(Photo: Getty Images)

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Bears trading Justin Fields to Steelers: Source

The Chicago Bears have traded quarterback Justin Fields to the Pittsburgh Steelers, a league source confirmed. The Bears will recieve a 2025 sixth-round pick that goes to a fourth-round pick based on playing time, a team source confirmed.

Pittsburgh will now enter 2024 with Fields and Russell Wilson as its quarterbacks.

Chicago holds the No. 1 pick in the 2024 NFL Draft and is expected to draft a quarterback.

The news comes a day after the Steelers traded quarterback Kenny Pickett to the Philadelphia Eagles as part of a pick swap.

Bears trade QB Justin Fields to Steelers for 2025 6th-rounder: How he fits in Pittsburgh

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Bears trade QB Justin Fields to Steelers for 2025 6th-rounder: How he fits in Pittsburgh

Why are so many NFL safeties being cut?

The Denver Broncos’ decision to release star safety Justin Simmons could easily be written off as collateral damage and a regrettable but necessary step toward recalibrating their salary cap.

But digging deeper, a trend seems to be forming at Simmons’ position, as a group of safeties have flooded the free-agent market with teams seemingly prioritizing other areas of the roster. Kevin Byard, Jordan Poyer, Jamal Adams, Eddie Jackson, Quandre Diggs, Rayshawn Jenkins and Marcus Maye were all cut (or designated a post-June 1 cut in Maye’s case) while Antoine Winfield Jr. was franchise tagged by the Tampa Bay Buccaneers, Kyle Dugger was transition tagged by the New England Patriots and Xavier McKinney wasn’t tagged in any capacity by the New York Giants.

There was a brief moment Tuesday when McKinney seemed to be in a prime position to monopolize the top tier of the safety market in free agency. But within 48 hours, he was shoulder to shoulder with more peers than he likely expected.

The supply is in line to outweigh the demand, which could drive down the value of the position. It’s unlikely to be as dramatic as the running backs’ sinking market, but seven personnel executives and coaches around the NFL told The Athletic something has been developing, even if it only becomes a short-term trend.

“(It’s part of a) larger financial trend,” an executive said. “The market got too high for the position’s impact overall.”

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Why are so many NFL safeties being cut? Will their market vanish like it did for RBs?

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Why are so many NFL safeties being cut? Will their market vanish like it did for RBs?

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Vikings expect Kirk Cousins to explore free agency

The Minnesota Vikings’ future is uncertain. This week, quarterback Kirk Cousins will decide whether he’ll return to the team or sign a massive contract elsewhere. The news might be the domino for the quarterback market, but it’s also the starting point to what the Vikings will look like in the years to come.

Minnesota expects to hear Sunday night about Cousins’ decision to explore free agency, multiple league sources confirmed to The Athletic. The NFL’s “legal tampering period” begins Monday, allowing teams to start negotiations with the representatives of free agents.

Cousins, 35, is expected to have a competitive market that includes the Atlanta Falcons. He is rehabbing from a torn Achilles tendon, but since 2018, the year he arrived in Minnesota, he ranks in the top 10 among starting quarterbacks in passing yards, touchdowns, completion percentage and passer rating.

The Vikings have openly and continuously expressed their desire to keep Cousins in Minnesota. Securing his services prior to Wednesday is likely to be a priority, considering the details of Cousins’s dead cap hit. If Minnesota cannot come to terms with Cousins before Wednesday, $28.5 million will accelerate onto the Vikings’ salary cap for 2024.

Conversely, if Minnesota can agree to an extension with Cousins before Wednesday, it’ll have the ability to spread out that money over future years.

Justin Madubuike's bet on himself pays off with Ravens extension

Retaining defensive lineman Justin Madubuike was the Baltimore Ravens’ top priority and, in many ways, a key to their offseason.

If they let him get to the open market, the cap-challenged Ravens would have almost certainly been outbid for the ascending star by teams overflowing with salary-cap space. His departure would have left a significant hole in the middle of Baltimore’s defense and added to the team’s lengthy list of needs.

If the Ravens had to account for the $22.1 million franchise tag on their salary cap at the start of the new league year next week, they would have left themselves with very little flexibility in building out the rest of their roster.

Friday's news was, far and away, the best-case scenario for the Ravens as they accelerate another crucial offseason. General manager Eric DeCosta got things started by coming to a verbal agreement with Madubuike on a four-year, $98 million contract extension that includes $75.5 million in total guarantees, according to a team source involved in the negotiations.

“Justin is one of the best defensive tackles in the entire NFL and a cornerstone on our defense,” DeCosta said. “We are thrilled for Justin and his family and equally happy for our fan base. This is a great way to start the new league year.”

In having his breakout season when he did, Madubuike showed that timing can be everything. The Ravens, meanwhile, offered the latest reminder that they’ll be aggressive when it comes to trying to lock up core defensive players in their prime, particularly ones they’ve drafted and developed.

A third-round pick in 2020 out of Texas A&M, Madubuike has 21 1/2 sacks and 153 tackles over four NFL seasons. In 2023, he had his long-anticipated breakout year, making his first Pro Bowl and registering 13 sacks, which bested his previous total of 5 1/2 and ranked ninth overall and first among interior defensive linemen. He followed that up with 13 quarterback pressures and a half-sack in two postseason games.

The breakout was surely what Madubuike envisioned when he resisted extension offers from the Ravens before and during the season and opted to bet on himself. That bet paid off handsomely for a player who was widely considered one of the top pending free agents at any position when the offseason started.

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Ravens, DL Justin Madubuike agree to 4-year, $98 million extension: Source

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Ravens, DL Justin Madubuike agree to 4-year, $98 million extension: Source

What makes Danielle Hunter our No. 1 free agent

Danielle Hunter has been used from various alignments and is effective rushing the passer from all of them. He has upfield burst and countermoves to keep blockers guessing. He also understands how to set the edge with length and get off of blocks against the run. His skill set is hard to find, and despite entering his 10th season, he doesn't turn 30 until October. Franchise tags thinned out the top group of pass rushers, so he should be coveted.

2024 NFL free agency rankings: Danielle Hunter, Chris Jones lead updated top 150

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2024 NFL free agency rankings: Danielle Hunter, Chris Jones lead updated top 150

Free-agency rankings: Top 10 edge rushers

Free-agency rankings: Top 10 edge rushers

(Photo: Stephen Maturen / Getty Images)

This year's edge rusher free-agent class is deep — and it's led by Minnesota Vikings edge Danielle Hunter, who rates as our No. 1 free agent regardless of position.

Here are Randy Mueller's top 10 free-agent edge rushers:

  1. Danielle Hunter (most recent team: Vikings)
  2. Za'Darius Smith (Browns)
  3. Jonathan Greenard (Texans)
  4. Bryce Huff (Jets)
  5. Leonard Floyd (Bills)
  6. Chase Young (49ers)
  7. Jadeveon Clowney (Ravens)
  8. D.J. Wonnum (Vikings)
  9. Bud Dupree (Falcons)
  10. Kyle Van Noy (Ravens)

Continue reading for the full list.

2024 NFL free agency rankings: Danielle Hunter, Chris Jones lead updated top 150

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2024 NFL free agency rankings: Danielle Hunter, Chris Jones lead updated top 150

Kirk Cousins free-agency prediction: Falcons

Atlanta wants Kirk Cousins. From Dianna Russini’s combine report: “They believe Cousins is the type of player who moves them from a fringe playoff team to a contender. New Atlanta head coach Raheem Morris and offensive coordinator Zac Robinson both have familiarity with Cousins.” The Falcons have an impatient owner who wants to win now. Their first target will be Cousins, who seems to be recovering well coming off Achilles surgery and would be jumping into an offense with a young, exciting group of weapons (Bijan Robinson, Drake London, Kyle Pitts).

Continue reading for more free-agency quarterback predictions.

Kirk Cousins to Falcons? Sam Howell to Broncos? QB predictions for every NFL team

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Kirk Cousins to Falcons? Sam Howell to Broncos? QB predictions for every NFL team

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Why Baker Mayfield is set for a big payday

Why Baker Mayfield is set for a big payday

(Photo: Nic Antaya / Getty Images)

Not that it ever appeared Baker Mayfield would be tagged by the Tampa Bay Buccaneers, but Tuesday solidified the 28-year-old will be among the top two quarterbacks in free agency.

There’s a belief Mayfield and the Bucs should be able to build off their first season together and strike an extension. If it doesn’t pan out before when free agency begins, Mayfield will likely have several other suitors, and that could set him up to push for something similar to the four-year, $160 million contract Daniel Jones signed last offseason.

While that might be a surprising number, there are 11 quarterbacks currently on deals worth at least $40 million in average annual value. Free agent Kirk Cousins could soon join that club, and Trevor Lawrence and Jordan Love will blow past that number if they secure new deals this offseason. Tua Tagovailoa and Jared Goff could, too.

That’s simply the market right now. If Mayfield gets $40 million per year, there’s a good chance he’ll be among 17 QBs at that number by the start of the 2024 season. He delivered his best season in 2023 and helped the Bucs win a playoff game. Mayfield should surely feel like he’s worthy of being paid like one of the 17 best quarterbacks in the league.

Keep an eye on the Atlanta Falcons and Minnesota Vikings if things go south with the Bucs. Falcons head coach Raheem Morris and offensive coordinator Zac Robinson worked with Mayfield in Los Angeles in 2022, while Vikings head coach Kevin O’Connell should have good intel on Mayfield due to their mutual connections with the Rams.

Mayfield struggled to find a fit over the past two offseasons, but he’s likely gotten himself to the brink of signing a life-changing contract in the coming weeks.

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NFL franchise tag winners and losers: Baker Mayfield, good news for RBs and more

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NFL franchise tag winners and losers: Baker Mayfield, good news for RBs and more

The Athletic NFL Staff

Russell Wilson meets with Steelers, Giants

Recently released Denver Broncos quarterback Russell Wilson traveled to Pittsburgh on Friday and was expected to meet with the Steelers, a league source confirmed to The Athletic. Before arriving in Pittsburgh, Wilson stopped in New Jersey for a meeting with the New York Giants, according to a team source.

It is unknown how much interest the Steelers have in signing the 35-year-old quarterback. At the NFL Scouting Combine last week, general manager Omar Khan said he had “full faith” in Kenny Pickett and made it known that the organization wants to re-sign free agent Mason Rudolph.

It would seem unlikely that Wilson would sign to be the No. 3 quarterback. If the two sides do come to terms, it would most certainly be the end of Rudolph’s time with the Steelers.

While Wilson’s Newark airport paparazzi pic and meeting with Giants brass might have surprised New York fans, it should be no shock that the team is in the market for a quarterback. With starter Daniel Jones recovering from a torn ACL, general manager Joe Schoen has been open about needing to fill out the quarterback room. While Jones hasn’t suffered any setbacks and is on track with his rehab, the only other quarterback on the roster is undrafted Tommy DeVito. New York has the No. 6 pick in the draft and a new quarterback is still a hot-button issue, but a veteran backup will be joining the roster in some capacity.

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Steelers, Giants meeting with QB Russell Wilson before start of free agency period: Sources

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Steelers, Giants meeting with QB Russell Wilson before start of free agency period: Sources

Free-agency rankings: Top 10 quarterbacks

Free-agency rankings: Top 10 quarterbacks

(Photo: Michael Reaves / Getty Images)

This free agency, the quarterback position is led by three veteran starting quarterbacks — Kirk Cousins, Baker Mayfield and the recently released Russell Wilson.

Here are Randy Mueller's top 10 at the position:

  1. Kirk Cousins (most recent team: Vikings)
  2. Baker Mayfield (Buccaneers)
  3. Russell Wilson (Broncos)
  4. Sam Darnold (49ers)
  5. Tyrod Taylor (Giants)
  6. Ryan Tannehill (Titans)
  7. Mason Rudolph (Steelers)
  8. Jacoby Brissett (Commanders)
  9. Gardner Minshew (Colts)
  10. Joe Flacco (Browns)

See our full free-agency rankings here.

The Athletic NFL Staff

What to know as NFL free agency approaches

NFL free agency is almost here.

At noon ET on Monday, teams can begin negotiating contracts with free agents. Those deals cannot become official until Wednesday at 4 p.m. ET, but the start of the week is expected to see a flurry of agreed-upon deals as teams look to improve their rosters for the 2024 season.

Here are the top 10 available players, according to The Athletic's Randy Mueller:

  1. Danielle Hunter, edge (most recent team: Vikings)
  2. Saquon Barkley, RB (Giants)
  3. Kirk Cousins, QB (Vikings)
  4. Za'Darius Smith, edge (Browns)
  5. Christian Wilkins, DT (Dolphins)
  6. Jonathan Greenard, edge (Texans)
  7. Josh Jacobs, RB (Raiders)
  8. Xavier McKinney, S (Giants)
  9. Lloyd Cushenberry III, C (Broncos)
  10. Bryce Huff, edge (Jets)

The Athletic will have coverage of all the signings in this space. Stay tuned.

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