Jaguars To Decline LB Devin Lloyd’s Fifth-Year Option

Jaguars To Decline LB Devin Lloyd’s Fifth-Year Option
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The Jaguars will continue the string of teams declining fifth-year options on off-ball linebackers. As the NFL’s option formula still groups all linebackers together, Devin Lloyd will become the latest ILB to see his not exercised.

Lloyd is now in a contract year, ESPN.com’s Jeremy Fowler confirms. He would have been due a fully guaranteed $14.75MM had the Jaguars’ new regime signed off on his 2026 option. Lloyd is extension-eligible, so he could factor into the Jags’ long-term plans. It would also make sense if the team’s James Gladstone-Liam Coen duo wanted to see how he fit into a new defensive scheme.

No team has exercised a fifth-year option for an off-ball LB since the Buccaneers picked up Devin White‘s in 2022. That decision did not turn out well, as the All-Pro’s value cratered soon after. Over the past three offseasons, Patrick Queen, Kenneth Murray, Isaiah Simmons, Jordyn Brooks and Jamin Davis had seen their options declined. The Cardinals passed on Zaven Collins‘, despite moving him to the edge, and it should be expected the Packers will decline Quay Walker‘s ($14.75MM) by Thursday’s deadline.

This wrinkle reminds of the guard market, as the price of franchise-tagging a player at that position is complicated due to all O-linemen being grouped together under this formula as well. Guards and ILBs have easier paths to free agency as a result, and Lloyd could end up as a key piece on next year’s market because of the Jags’ Wednesday decision.

More to come.