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NFL Free Agency: Nelson Agholor to sign with Baltimore Ravens

On3-Social-Profile_GRAYby:On3 Staff Report03/24/23
Nelson Agholor, New England Patriots receiver
New England receiver Nelson Agholor lines up for a play during a game on Dec. 18, 2022. (Michael Owens / Getty Images)

Former first-round draft pick Nelson Agholor is cashing in again on free agency, according to TheScore’s Jordan Schultz. He is set to suit up for the Baltimore Ravens.

Agholor is signing a one-year contract with the Ravens worth up to $6.25 million, Schultz reported.

Agholor spent the last two years in New England. He had previously spent a year with the Las Vegas Raiders following his five-year rookie stint with the Philadelphia Eagles, who took him with the No. 20 overall pick in the 2015 NFL Draft.

In his eight year NFL career to date Agholor has caught 340 passes for 4,246 yards and 31 touchdowns. Agholor recorded 31 catches for 362 yards and two touchdowns last year for the Patriots.

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More on the 2023 NFL offseason, free agency

The NFL 2023 calendar year is set to begin at 4 p.m. ET on March 15 when contracts running through 2022 will officially run out, making those players free agents. Prior to the beginning of free agency, teams will have a chance to designate one franchise or transition tag player, starting on Feb. 21 at 4 p.m. ET and ending on March 7. Beginning March 13 through March 15 teams will be allowed a legal negotiation with players who are set to become unrestricted free agents.

In addition to NFL free agency, the new year also marks the beginning of all trades being made official by the league office. April 21 marks the deadline to sign restricted free agents to offer sheets while April 26 marks the deadline for teams to match restricted free agent offers sheets. 722 players are slated to become free agents in 2023.

More on restricted, exclusive rights free agents

Players with only three years of accredited NFL experience become restricted free agents. Their original team will have the option to apply first-round, second-round, original-round, and right-of-fight-of-first-refusal tenders on players at escalating price tags. The higher the round, the more expensive the tender amount; however, if a separate team does offer a contract and the original team does not match that round pick will be conveyed from the new team to the original team. Right of first refusal only gives a team the option to match or not. If they don’t match, they get nothing in return. An original-round tender would send a draft pick from whatever round the player was drafted back to the original team if they chose not to match. The original team will have five days to match once a player signs an offer sheet from a new team.