K Wil Lutz reportedly backs out of Jaguars deal to re-sign with Broncos

Wil Lutz apparently had second thoughts about joining the Jaguars. (Jorge Lemus/NurPhoto via Getty Images)

Wil Lutz reportedly had a deal in place to join the Jacksonville Jaguars.

And then he didn't.

The veteran NFL kicker is reportedly re-signing with the Denver Broncos instead. The Denver Gazette's Chris Tomasson reported Monday that Lutz's agent John Perla told him that Lutz is returning to Denver on a two-year deal.

Per multiple media reports, Lutz had previously agreed to a three-year deal to join the Jaguars earlier Monday. But no contracts are signed on Monday, which is the first day that pending free agents are permitted to negotiate with other teams. Free agency doesn't officially start until Wednesday. Until contracts are signed starting Wednesday, no free-agent deal is actually done.

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It's unclear what prompted Lutz to initially agree with the Jaguars then return to Denver. Per Perla, it sounds like he may have simply had a change of heart and maybe a case of buyer's remorse.

"There was an original arrangement [with Jacksonville], and Wil just felt a certain loyalty to Denver and felt he would be more productive in a better spot in Denver," Perla told the Gazette. ... "There was an agreement originally with Jacksonville and then it was redone with the Broncos.

"We didn't have anything in writing. He just thought about it and decided that Jacksonville was not the right spot for him."

Terms of both deals were not reported. But per the reports, he preferred Denver enough to take a two-year deal instead of a three-year contract with Jacksonville.

Lutz had fun with the news on social media Monday night:

With the deal, the Broncos retain the former Pro Bowl kicker who connected on 29 of 31 extra points and 30 of 34 field goals last season with a long of 52 yards. Last season was Lutz's first in Denver after he played six seasons with the New Orleans Saints.

The Jaguars, meanwhile, remain in search of a kicker. They declined to re-sign Brandon McManus, who reportedly reached an agreement with the Washington Commanders on Monday. Jacksonville previously signed Riley Patterson to a reserve/futures deal, but presumably wants competition for Patterson this offseason.