Free Agency: Big Swaps
Free agency rolling: Miami reportedly traded WR Jaylen Waddle to the Broncos, and the Jets shipped QB Justin Fields to the Chiefs for a 6th‑round pick — moves that are already reshaping mock drafts. (sports.yahoo.com). Social trackers also flagged a flurry of smaller deals — Chiefs sent Skyy Moore + a 7th to the 49ers for a 6th, Vikings sent DT Harrison Phillips + a 7th to the Jets, and Browns’ DT Jowon Briggs moved to New York on a 7th swap. (x.com)
Denver officially announced the deal on March 18, 2026: the Broncos sent their 2026 first-round pick (No. 30), a 2026 third-rounder (No. 94) and a 2026 fourth-rounder (No. 130) to Miami and received Jaylen Waddle plus Miami’s 2026 fourth-round pick (No. 111). (denverbroncos.com) Waddle’s current contract stems from a 2024 extension that carries roughly $84.75 million in new money and about $76 million in practical guarantees, with approximately $36 million fully guaranteed at signing. (spotrac.com) Salary-cap analysis shows the Broncos are expected to carry roughly a $4.9–$5.0 million cap charge for Waddle in 2026 but could face cap figures in the $23–27 million range for 2027 depending on option-bonus treatment and whether bonuses vest. (si.com) The Justin Fields transaction was reported March 16, 2026 as a trade for a 2027 sixth-round pick, with the Jets agreeing to pay $7 million of the $10 million that was guaranteed for 2026 while the Chiefs assume the remaining $3 million. (nfl.com) Fields was 27 at the time of the trade, had signed a two-year, $40 million deal with New York last offseason, and finished the 2025 season with a 2–7 record as a starter and cumulative passing totals that reflected significant struggles prompting New York’s roster changes. (nfl.com) The smaller moves flagged on social media date back to August 2025: Kansas City traded Skyy Moore plus a 2027 seventh-round pick to San Francisco for a 2027 sixth-round pick on Aug. 20, 2025. (nfl.com) On Aug. 21, 2025 the Vikings sent DT Harrison Phillips and a 2027 seventh-round pick to the Jets in a swap that netted Minnesota sixth-round picks in 2026 and 2027. (newyorkjets.com) The Jets acquired DT Jowon Briggs from the Browns on Aug. 20, 2025 in a deal that exchanged New York’s 2026 sixth-round pick for Briggs plus a 2026 seventh-round selection. (newyorkjets.com)
