Last offseason, NFL offensive tackle Russell Okung decided to enter free agency without an agent to avoid paying a fee on his contract. Okung signed a five-year deal worth about $10.6 million per year with the Denver Broncos. After that, the Broncos had the decision to pick up the remaining four years of his contract which had about $20.5 million guaranteed.
It remains to be seen whether the Jets will keep or cut cornerback Darrelle Revis. They have until March 11 to decide whether to pay a $2 million roster bonus for the privilege of paying him a $15 million base salary in 2017. They owe him $6 million in fully-guaranteed base salary even if they cut him, but with offset language in the deal, they can recoup some of that based on what he earns elsewhere. What he earns elsewhere will be maximized the earlier the Jets release him. Releasing him early gives him an enhanced chance to get even more than $6 million in 2017, since it would give him a head start on free agency. So with long-time Jets center Nick Mangold cut on Saturday, giving him nearly
The Dolphins’ 2016 free agent strategy has paid off. Instead of matching lucrative offers for Olivier Vernon, Lamar Miller and Rishard Matthews, Mike Tannenbaum allowed them to walk. Tannebaum’s gamble: that the league would award them a treasure trove of compensatory picks in 2017. Well, it’s 2017, and the NFL didn’t disappoint. The Dolphins were granted three comp picks for this April’s draft — one in the third round, and two in the fifth. But there’s more good news. The third-rounder was the best comp pick the league gives out: 97th overall. That was presumably for Vernon, who had an excellent first season for the Giants after signing a five-year, $85 million deal with New York. The Dolphins