Wednesday, May 6, 2026

NFL Free Agency Hits Record Pace After Billion-Dollar Weekend

NFL free-agent spending started quickly Monday afternoon, led by a major deal for Sam Darnold and a surprising one for Justin Fields.

Bob Donnan-Imagn Images

The NFL’s free agency frenzy is off to a fast start, with multiple NFL franchises already handing out new deals worth more than $100 million each.

Following a billion-dollar weekend of extensions, trades, and new signings, that eye-popping 10-figure total was quickly surpassed Monday afternoon after the league’s “legal tampering” period opened at noon ET. Free agent contracts and trades can’t be officially completed until Wednesday at 4 p.m. ET, but parties can now come to terms on any deals they want.

Here are the most expensive—and most surprising—NFL free-agent deals so far:

  • The Seahawks won the Sam Darnold sweepstakes with a $100.5 million deal.
  • Former Bears and Steelers quarterback Justin Fields is signing with the Jets for $40 million over two years.
  • The Panthers made Jaycee Horn the league’s highest-paid defensive back with a $100 million extension averaging $25 million per season.

Two of the most active teams Monday were the Buccaneers and Patriots. 

New England landed defensive tackle Milton Williams with a four-year, $104 million deal, cornerback Carlton Davis (three years, $60 million), and several other players. Tampa Bay spent more than $100 million bringing back receiver Chris Godwin and guard Ben Bredeson, and adding pass rusher Hasaan Reddick.

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