Texans sign 3-year deal with Schultz
The Texans have agreed to a three-year, $36 million contract with Dalton Schultz, two people with knowledge of the deal confirmed to Hearst Newspapers on Tuesday.
The deal keeps Schultz in Houston through the 2026 season and pairs him with quarterback C.J. Stroud, who is looking to build off an impressive rookie season.
Schultz will make $23.5 million fully guaranteed at signing, according to a source, which is top five in fully guaranteed money at signing among tight ends. The $12 million average annual value on Schultz's new contract makes him the 12th highest-paid tight end in the NFL, according to Over the Cap. He had 59 receptions for 635 receiving yards and five touchdowns in 2023.
He was second in receptions and third in receiving yards and touchdowns behind Nico Collins and Tank Dell.
Jaguars use tag on pass rusher Allen
The Jaguars used their franchise tag on standout pass rusher Josh Allen on Tuesday, essentially guaranteeing he will play at least another year in Jacksonville.
Allen, the seventh overall pick in the 2019 draft, set a single-season franchise record with 17 ⁄2
1 sacks in the final year of his rookie contract and is 10 shy of the team's career mark (55) held by Tony Brackens (1996-2003).
The anticipated move followed the team's release of three defensive starters — cornerback Darious Williams, safety Rayshawn Jenkins and defensive tackle Foley Fatukasi — that created $20 million in salary cap space.
Ravens place tag on DT Madubuike
The Baltimore Ravens put the franchise tag on Justin Madubuike on Tuesday after the defensive tackle finished his rookie contract with a breakout season in 2023.
Madubuike could have been one of the league's top free agents after he had 13 sacks last season, more than doubling his previous career high.
Odds and ends
The Colts placed the non-exclusive franchise tag on starting receiver Michael Pittman Jr . ... The Panthers placed the nonexclusive franchise tag on two-time Pro Bowl outside linebacker Brian Burns . ... Cornerback Emmanuel Moseley has agreed to a one-year contract to re-sign with the Lions . ... The Bills informed running back Nyheim Hines that they will release him this week. ... The Seahawks are expected to release safeties Jamal Adams and Quandre Diggs, and tight end Will Dissly . ... The Bears placed the franchise tag on Pro Bowl cornerback Jaylon Johnson . ... The Jets plan to release veteran tight end C.J. Uzomah