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After an offseason of cost-cutting and savvy prove-it deal signings, the Chargers are sitting on over $20 million of cap space as of June 12th, according to OverTheCap. Roughly half of that available space will be earmarked for in-season expenses such as injury replacements and a practice-squad budget, but the Chargers still have over $10 million in available spending should they continue to look for roster upgrades.
How upgrade this roster remains to be seen, but Joe Hortiz’s past hints at a creative approach to player acquisition for the upcoming UFA class. It stems from a lesson he learned from one of Baltimore’s biggest organizational blunders, and contrasts perfectly against a recent success.
In the eleven years where Baltimore team building could be compared directly against the Chargers’ Tom Telesco era, Earl Thomas was the only player that Baltimore signed in free agency that cancelled out a future compensatory third round pick. He was the lone “zig” in a clear organizational strategy that “zagged” one direction: build through a compensatory pick strategy, bolster depth with excess draft picks, and focus finances on internal restructures and value-oriented free agents.
Earl Thomas’ storied career in Seattle ended with a leg fracture in a Week 4 of the 2018 season, and Thomas flashing his middle finger to his own sideline. He was a training camp holdout as he attempted to leverage his way to a contract extension, but the Seahawks were transitioning away from their vaunted Legion of Boom defense, shifting their financial resources to accommodate the ascension of Russell Wilson’s career and contract numbers.
Thomas had made it known he wanted top-safety money, but after his injury and public display of discontent to the Seahawks organization, there was uncertainty surrounding the former All-Pro’s market. The Ravens swept in and signed him to a four year, $55 million contract. That average salary of $13.75 million was enough to cancel out the third round compensatory pick they would have earned from Za’Darius Smith’s departure, a major shift away from their usual roster building strategies.
It one of the worst moves the Ravens have made in multiple decades – an organization revered for its stability and management prowess. He was cut before the start of his second season, following a 2020 offseason full of weird off-field distractions and a fight instigated by Thomas in a training camp practice. It wasn’t the first time Thomas clashed with his new teammates, and the team ended up cutting him for “conduct detrimental to the team,” negating his remaining guaranteed money. Even so, Thomas earned $22 million for one season of play (and eventually got another $1.5 million in a settlement with Baltimore after disputing his voided guarantees).
Despite a solid season of play in 2019, Thomas never caught on with another team after this incident.
Around 2022’s trade deadline, the Ravens sent 2023 second and fifth round draft picks and veteran linebacker A.J. Klein for the Bears’ star linebacker Roquan Smith. Smith is a balanced off-ball coverage backer that was due to hit free agency in 2023, and the Bears were in the middle of a complete roster overhaul.
Although it seems unconventional to part with solid draft capital for a player on an expiring contract mid-season instead of waiting to sign him in free agency, the benefits are enormous.
- There was go guarantee the Bears wouldn’t have tagged Smith or attempted to re-sign him
- If he did hit free agency, signing Smith would have cancelled out the highest compensatory pick they would receive in 2024’s draft, up to a third rounder. They ultimately gained a fourth round pick from Ben Powers’ departure.
- Before earmarking $100 million in future financial obligations to a player, the Ravens had a chance to “test drive” Smith, previewing how he fit as a Raven and a leader of their organization… a preview they likely wish they had before committing finances and losing draft capital from the Earl Thomas deal.
Smith ended up being an extremely valuable asset, going from a back-to-back 2nd-team All-Pro with the Bears to earning back-to-back 1st-team All-Pro honors with the Ravens. He extended with Baltimore after his first season, penning a five-year, $100 million contract. A year and a half after its signing, it is still the highest Average Per Year for an off-ball linebacker.
Although they lost their 2023 second and fifth round picks, they gained the Powers fourth in 2024 and are scheduled to receive another fourth from Patrick Queen’s departure in next year’s draft, a roster piece they could part with thanks to Smith’s success with the team.
It’s yet another example of how aggressive you can afford to be with trading draft capital when you have excess picks perpetually restocking your coffers… and the way the Ravens (typically) acquire talent, “aggressive” shouldn’t be confused with “risky.”
The question for Chargers fans becomes: which contract-year player should Joe Hortiz look to trade and extend rather than sign in 2025? It’s well-known the Chargers have plenty of cap space next season and will be active in adding talent next offseason, but if Joe Hortiz learned from the Thomas/Smith comparisons, who is a projected top-earner that would make sense to test out before penning a major commitment?
This is where you let us know in the comments, StormCloud!
Hey everyone! The Cross-Posting still isn’t perfect from a formatting perspective… I’ll always recommend reading Web Site articles from the Home Page, as that is where they are designed from. They just post here as well to help everyone continue conversations.
Happy Wednesday!
Here are a few that might make sense depending on the trade capital expected and an age range between 25-28:
WR – Tee Higgins, Brandon Aiyuk
TE – Pat Freirmuth
G – Tevin Jenkins, Ben Cleveland
C – Creed Humphrey (but no way KC doesn’t extend him and highly doubtful they would ever trade him to the Chargers)
Edge – Zaven Collins (AZ did not pick up 5th year option), Josh Uche, Joe Tryon-Shoyinka
LB – Jeremiah Owusu-Koramoha
S – Jevon Holland, Julian Blackmon
C – AJ Terrell, Ifeatu Melifonwu, Paulsen Adebo
I’ve been of the opinion that the Chargers are keeping salary cap available for this season with a specific trade in mind and Harbaugh’s words to Khalil Mack when trying to convince him to stay speaks to that. Khalim said Jim told him “We have this number now, and we can work on building some certain guys up or bringing certain guys in.” Maybe I’m reading too far into things but that sounds like they have targets they want to add when the time is right and they have the capacity to do so. From OTA practice reports and understanding Roman and Minter’s schemes and what they value, I think Safety is the most likely position to add talent at with Center being a close second. This isn’t a Telesco team that’s going to accept weaknesses as part of the normal expectations and I fully believe we’ll see at least one addition before the deadline.
I hope they aren’t saving cap money for an in season trade. If they are going to spend it, I’d rather they spend it on one or more players who will prepare for and play the entire season with the team.
Roquan Smith was a good example of it working out well, but I’m interested to know how often a player acquired midseason makes a true positive impact in that season for his new team. I don’t know the answer, but I’m thinking it is rare. Obviously, such a player must learn a new scheme, new coaches, new teammates, and on top of that is possibly moving away from family and/or dealing with an unplanned family move. It seems like a lot to ask of a player to do all that and step in and make a positive impact quickly.
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