$16 million deal

Free-agent Derrick Henry is signing a two-year, $16 million deal worth up to $20 million, including $9 million fully guaranteed in the first year with the Baltimore Ravens, sources tell ESPN.

The King now will play in the Queen City. (Adam Schefter on X)

Nerdy Football Analysis: The Ravens reportedly tried to trade for Henry last season but now they get him in free agency. This move makes sense from an offensive standpoint given the running philosophy of the Ravens. Henry is 30 years old with a lot of carries (2030) under his belt but he managed to play in all 17 games last season. With Keaton Mitchell working back from a knee injury, Henry should lead the Ravens’ running backs in touches as long as he remains healthy.

$26 million guaranteed

Falcons are signing former Bears WR Darnell Mooney: 3 years, $39 million, including 26M fully guaranteed. Agents David Mulugheta and AJ Stevens negotiated and confirmed deal. (Adam Schefter on X)

Nerdy Football Analysis: The Falcons have a very thin WR room with only Drake London, Josh Ali and Chris Blair under contract, so signing Mooney does give them a needed veteran presence at the No.2 spot. They still need WR depth but that will likely be addressed in the draft. It’s all but assured that Falcons players will be overvalued in drafts this Summer, Mooney included.

$7 million

Aaron Jones is expected to sign with Vikings on a one-year deal for $7 million, per sources. (Dianna Russini on X)

Nerdy Football Analysis: It’s been reported that Green Bay wanted Jones to take roughly a 50% pay cut as he was set to make roughly $12 million. Jones (29) will now wear purple and likely share running back duties with Ty Chandler. He was battling hamstring injuries most of 2023 but did finish the season with five-straight 100-yard rushing games.