What happened: Devon Witherspoon agreed to a four-year, $132 million extension. Christian Gonzalez’s extension talks have made little progress.
Why it matters: Gonzalez remains under contract through 2027 after his fifth-year option was exercised. A deal above $33 million annually would move him past Witherspoon atop the cornerback market.
By the numbers: Witherspoon’s extension averages $33 million per year, with more than 76% of its total value guaranteed. Gonzalez’s 2027 option is worth $18.119 million.
What to watch: Gonzalez’s negotiations are the next test of the new benchmark. The annual value and guarantees will determine whether the market moves again.