Five Players Who Could Be Overpaid in 2026 NFL Free Agency
Every year, NFL free agency is a whirlwind of big deals, strategic moves, and the inevitable question of whether certain signings will pan out. Here's a look at five players who, while seemingly attractive at the time, might be overpaid, and why.
- Jaelan Phillips, Edge Rusher, Carolina Panthers
Jaelan Phillips is a fascinating case. At 27 years old, he's entering his prime, but his injury history and inconsistent performance raise concerns. Phillips signed a massive four-year, $120 million contract despite never reaching double-digit sacks or 25 quarterback hits in a single season. The Panthers are banking on Phillips' potential, but with six players outperforming him last season and a history of lower-leg injuries, this deal feels like a risky bet. If Phillips doesn't deliver on the promise, the Panthers might be left with an albatross.
- Trey Hendrickson, Defensive End, Baltimore Ravens
The Ravens' decision to sign Trey Hendrickson for four years and $112 million is a bold move. At 31, Hendrickson is on the wrong side of 30, and his production has been on a downward trend. Last season, he played just seven games due to injury and managed only four sacks. The concern is that Hendrickson might not be the same dominant force he was in his earlier years. If he fails to live up to the contract, the Ravens could be in a tough spot, especially if Maxx Crosby continues his stellar play.
- Alec Pierce, Wide Receiver, Indianapolis Colts
The Colts' decision to give Alec Pierce a four-year, $114 million contract is a risky strategy. At 25, Pierce is young and talented, but his production is heavily reliant on big plays. With a low volume of targets, Pierce's success rate is impressive, but it's a concern that he might not be a consistent, all-around receiver. The Colts are taking a leap of faith, and if Pierce doesn't expand his route tree, the contract could become a burden.
- Bradley Chubb, Edge Rusher, Buffalo Bills
The Bills' decision to sign Bradley Chubb for three years and $43.5 million is understandable, but it's a calculated risk. Chubb, turning 30, has a history of injuries and inconsistent performance. In 2024, he missed a significant portion of the season due to an ACL tear. The Bills need a reliable pass rusher, but Chubb's health concerns and the potential for cap space issues if he's often inactive make this a risky move. If Chubb can stay healthy, it's a reasonable deal, but the Bills must hope for a healthy and productive Chubb.
- Wan'Dale Robinson, Wide Receiver, Tennessee Titans
Wan'Dale Robinson is a player who should be a solid addition, but his contract raises questions. At 25, he's on an upward trajectory, but his production has been inconsistent. Robinson's success rate of 42.9% in 2025 was among the lowest in the league. The Titans are paying him as a No. 2 receiver, but with a lack of a true No. 1 option, this could be a problem. If Robinson doesn't step up, the Titans might be stuck with a costly contract for a secondary receiver.
