Plenty of time remains for the Bengals to prevent Tee Higgins from reaching the open market. As things stand, though, he is on track to be the top wideout available in free agency and one of the most in-demand players at any position in 2025.
Higgins played out this past campaign on the franchise tag (making him the only recipient from 2024 who did not wind up signing a long-term deal). That is usually an indication a free agent departure is likely, and this case is believed to be no exception. Provided Cincinnati is unable to hammer out a big-ticket contract in the near future, Higgins will likely be in line for one of the league’s latest monster WR deals.
ESPN’s Dan Graziano reports an expectation is in place around the league that the 26-year-old’s next contract could be similar to those signed by Jaylen Waddle (Dolphins) and DeVonta Smith (Eagles) last spring. Waddle’s pact checks in at an annual average value of $28.25MM, while Smith’s contains a total guarantee of nearly $70MM (including $51MM in new locked-in compensation). Graziano notes Higgins could surpass those figures if he reaches the market and a bidding war ensues.
Taking things a step further, colleague Jeremy Fowler adds that many view the Clemson product’s ceiling as being at or above $30MM per year. A pact slightly outpacing Smith’s $25MM AAV is considered the starting point for a Higgins pact, but it would come as little surprise if the figure would up being notably higher. The 2025 free agent class is not teeming with young options at the WR spot in particular, so teams with excess cap space could make a serious run at signing him. The Patriots have already been named as a suitor to watch in that regard.
Higgins has surpassed 900 yards in four of his five Bengals campaigns, proving to be an effective Ja’Marr Chase complement along the way. The latter is in need of an extension, though, and resetting the receiver market (which Justin Jefferson moved to $35MM per year last offseason) may well be necessary to get a deal done. 2024 NFL sack leader Trey Hendrickson is also due a raise, one the Bengals feel they are prepared to pay.
Taking care of those priorities while also managing the cap implications of Joe Burrow‘s $55MM-per-year extension and finding the funds for Higgins will be difficult. Burrow has repeatedly campaigned for the former second-rounder to be high on the team’s to-do list, and de facto general manager Duke Tobin recently spoke about keeping Higgins. Finding the “right number” for a pact to keep him in Cincinnati will – by Tobin’s own admission – be difficult considering the deal he could command from outside parties, however.
Jefferson and five other wideouts (CeeDee Lamb, A.J. Brown, Amon-Ra St. Brown, Tyreek Hill and Brandon Aiyuk) are attached to a deal worth at least $30MM annually. Higgins’ track record does not place him in the same category as those All-Pros, and the...