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2024 Free Agency

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2024 NFL Free Agency Guide: Pending UFAs, dates to know

FREE-AGENCY-RIDER

While the Mock Draft Tracker picks up steam, free agency is also right around the corner.

Following a two-day negotiating period, the 2024 league year and signing period begin at 4 p.m. ET on Wednesday, March 13. Before that, clubs may use franchise or transition tags from Feb. 20 to March 5. As the Giants approach those checkpoints, here is a look at which players are set to become free agents:

Unrestricted Free Agents

  • RB Saquon Barkley
  • OL Ben Bredeson
  • RB Matt Breida
  • LB Cam Brown
  • K Randy Bullock
  • WR Parris Campbell
  • LB Carter Coughlin
  • LB Jarrad Davis
  • C Sean Harlow
  • C J.C. Hassenauer
  • CB Darnay Holmes
  • CB Adoree' Jackson
  • LS Casey Kreiter
  • G Shane Lemieux
  • S Xavier McKinney
  • WR Gunner Olszewski
  • OT Matt Peart
  • OT Tyre Phillips
  • OL Justin Pugh
  • DL A'Shawn Robinson
  • WR Sterling Shepard
  • LB Isaiah Simmons
  • QB Tyrod Taylor
  • OLB Jihad Ward

Restricted Free Agents

  • TE Lawrence Cager
  • G Wyatt Davis
  • WR Isaiah Hodgins
  • CB Nick McCloud

Exclusive Rights

  • QB Jacob Eason
  • OLB Benton Whitley

View the players set to become free agents when the new league year begins on March 13.

DATES TO KNOW

Feb. 20: Beginning this date through 4:00 p.m., New York time on March 5, clubs may designate Franchise or Transition Players.

Feb. 27-March 4: NFL Scouting Combine, Lucas Oil Stadium, Indianapolis

March 5: Prior to 4:00 p.m., New York time, deadline for clubs to designate Franchise or Transition Players.

March 11-13: During the period beginning at 12:00 noon, New York time, on March 11 and ending at 3:59:59 p.m., New York time, on March 13, clubs are permitted to contact, and enter into contract negotiations with the certified agents of players who will become unrestricted free agents upon the expiration of their 2023 player contracts at 4:00 p.m., New York time, on March 13.

During the above two-day negotiating period, a prospective UFA who is not represented by an NFLPA Certified Contract Advisor ("Unrepresented Player") is permitted to communicate directly with a new club's front office officials (excluding the head coach and other members of the club's coaching staff) regarding contract negotiations. The club is responsible for confirming the player's status as an Unrepresented Player.

No prospective unrestricted free agent is permitted to execute a contract with a new club until 4:00 p.m., New York time, on March 13.

March 13: The 2024 League Year and Free Agency signing period begin at 4:00 p.m., New York time.

Trading period for 2024 begins at 4:00 p.m., New York time, after expiration of all 2023 contracts.

The first day of the 2024 League Year will end at 11:59:59 p.m., New York time, on March 13. Clubs will receive a Personnel Notice that will include all transactions submitted to the League office during the period between 4:00 p.m., New York time, and 11:59:59 p.m., New York time, on March 13.

March 24-27: Annual League Meeting, Orlando, FL

April 15: Clubs with returning head coaches may begin offseason workout programs.

April 17: Deadline for clubs to time, test, visit, interview or conduct a physical examination with a draft- eligible player at its club facility.

April 19: Deadline for restricted free agents to sign offer sheets.

April 24: Deadline for prior club to exercise Right of First Refusal to restricted free agents who signed offer sheets.

Deadline for clubs to time, test, visit, interview (including video and phone calls) or conduct a physical examination with a draft-eligible player at any location.

April 25-27: NFL Draft, Detroit

May 2: Deadline for Clubs to exercise Fifth-Year Option for players selected in the first round of the 2021 Draft.

May 3-6 or May 10-13: Clubs may elect to hold their one three-day post-Draft rookie minicamp from Friday through Sunday or Saturday through Monday on one of the two weekends following the Draft.

May 13: Rookie Football Development Programs begin.

May 20-22: Spring League Meeting/Coach Accelerator, Nashville, TN

View photos of every move made by the Giants during the 2024 cycle.

FREQUENTLY ASKED QUESTIONS

What are the categories of free agency?

Players are either "restricted free agents" or "unrestricted free agents." A restricted free agent may be subject to a "qualifying offer." A restricted or unrestricted free agent may be designated by his prior club as its franchise player or transition player.

What is the difference between a restricted free agent and an unrestricted free agent?

Players with three accrued seasons who have received a qualifying offer become restricted free agents when their contracts expire at the conclusion of the league year. Unrestricted free agents have completed four or more accrued seasons. Upon expiration of his 2023 contract, an unrestricted free agent is free to sign with any club with no draft-choice compensation owed to his old club.

What constitutes an "accrued season"?

Six or more regular season games on a club's active/inactive, reserve/injured or reserve/physically unable to perform lists.

How do the free agency rules apply to restricted free agents?

If a player with three accrued seasons has received a "qualifying offer" (a salary tender predetermined by the Collective Bargaining Agreement between the league and its players) from his old club, he can negotiate with any club through April 19. If the restricted free agent signs an offer sheet with a new club, his old club can match the offer and retain him because the qualifying offer entitles it to a "right of first refusal" on any offer sheet the player signs. If the old club does not match the offer, it may receive draft-choice compensation depending on the amount of its qualifying offer. If an offer sheet is not executed on or before April 19, the player's negotiating rights revert exclusively to his old club. In addition, prior to the start of free agency a player who would otherwise be a restricted free agent may be designated by his old club as its franchise player or transition player.

What determines a franchise player?

The salary offer by a player's club determines what type of franchise player he is: exclusive or non-exclusive.

An "exclusive" franchise player – not free to sign with another club – is offered the greater of (i) the average of the top five salaries at the player's position for the current year as of the end of the restricted free agent signing period; or (ii) the amount of the required tender for a non-exclusive franchise player, as explained below. Article 10, Section 2(a)(i) of the CBA sets forth the methodology, known as the "Cap Percentage Average," for calculating the required tender for a non-exclusive franchise player:

The Nonexclusive Franchise Tender shall be a one year NFL Player Contract for (A) the average of the five largest prior year salaries for players at the position at which the Franchise Player participated in the most plays during the prior League Year, which average shall be calculated by: (1) summing the amounts of the Franchise Tags for players at that position for the five preceding league years; (2) dividing the resulting amount by the sum of the Salary Caps for the five preceding league years; and (3) multiplying the resulting percentage by the Salary Cap for the upcoming league year (the "Cap Percentage Average"); or (B) 120% of his Prior Year Salary, whichever is greater.

If a club extends a required tender to a "non-exclusive" franchise player pursuant to this section, the player shall be permitted to negotiate a player contract with any club, except that draft-choice compensation of two first-round draft selections shall be made in the event he signs with a new club.

How many franchise players and transition players can a team designate each season?

A club can designate one franchise player or one transition player among its potential restricted or unrestricted free agents.

Can a club decide to withdraw its franchise or transition designation on a player?

Yes. A club can withdraw its franchise or transition designation, and the player then automatically becomes an unrestricted free agent, either immediately if the tender is withdrawn after the start of the 2024 league year, or when his 2023 contract expires if the tender is withdrawn before the start of the 2024 league year.

If a team is under the salary cap at the end of a given season, can the team "carry over" room to the next season?

Yes. A team may carry over room from one league year to the following league year by submitting notice to the NFL prior to 4 p.m. ET on the day following the team's final regular-season game, indicating the amount of room that the club wishes to carry over.

What is the maximum amount of room that a club can carry over?

A club can carry over 100% of its remaining 2023 room to its adjusted salary cap for 2024.

View photos of every NFL player selected with the sixth overall pick since the first draft in 1936.

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