The landscape of the NFL is constantly evolving, with contract expectations for players shifting based on various factors. In 2023, Joe Mixon, the talented running back for the Cincinnati Bengals, has set a new benchmark for free agent running backs. Mixon recently signed a restructured deal with the Bengals, showcasing a strategic move that could reshape the running back market. This blog post explores how Mixon’s contract has reset the expectations for free-agent running backs this season.
Joe Mixon was set to earn over $9 million this season, but he opted to negotiate a new deal with no guarantees attached to the contract. By doing so, Mixon secured a base salary of just under $6 million, with the potential to earn up to $8 million through incentives. This move demonstrates Mixon’s understanding of the current market climate, where securing a guaranteed income outweighed the uncertainty of a higher non-guaranteed salary.
Mixon’s decision to rework his contract is perhaps influenced by recent events, such as the case of James Robinson, the running back formerly with the New England Patriots. Robinson was released by the Patriots less than three months after signing a contract with the team. Mixon likely saw this as a cautionary tale and realized the importance of securing a deal that provides financial stability and long-term security.
Mixon’s contract restructuring has put other prominent free agent running backs in a precarious position. Players like Dalvin Cook and Ezekiel Elliott, who are seeking new deals, now face increased uncertainty. Their respective teams must consider Mixon’s contract as a potential reference point, which could complicate negotiations and impact the final outcome.
Alongside Cook and Elliott, other free agent running backs like Leonard Fournette and Kareem Hunt find themselves in an intriguing situation. These players still possess productive years ahead of them and, prior to Mixon’s contract, may have anticipated sizable contracts. However, with the running back market experiencing a shift, they too may face challenges in securing the deals they desire.
Dalvin Cook reportedly received an offer from the Miami Dolphins, which he initially rejected. However, with Joe Mixon’s contract resetting the running back market, it will be fascinating to see how Cook and his representatives reevaluate the offer. The dynamics have changed, and what once appeared unappealing could now be viewed through a different lens.
Joe Mixon’s contract renegotiation with the Cincinnati Bengals has undoubtedly reset expectations for free agent running backs in 2023. His decision to prioritize guaranteed income and long-term stability over a potentially higher non-guaranteed salary highlights the evolving nature of the NFL market. Mixon’s move has created a ripple effect, impacting negotiations for other free agent running backs, including Dalvin Cook and Ezekiel Elliott. As the offseason progresses, we can expect an intriguing battle between players, teams, and market dynamics as the running back landscape adjusts to Mixon’s deal.