NFL Free Agency: 5 biggest mistakes and worst signings made so far

INGLEWOOD, CALIFORNIA - DECEMBER 06: Tyrod Taylor #5 of the Los Angeles Chargers warms up before the game against the New England Patriots at SoFi Stadium on December 06, 2020 in Inglewood, California. (Photo by Katelyn Mulcahy/Getty Images)
INGLEWOOD, CALIFORNIA - DECEMBER 06: Tyrod Taylor #5 of the Los Angeles Chargers warms up before the game against the New England Patriots at SoFi Stadium on December 06, 2020 in Inglewood, California. (Photo by Katelyn Mulcahy/Getty Images) /
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NFL free agency, Leonard Floyd
INGLEWOOD, CALIFORNIA – OCTOBER 26: Leonard Floyd #54 of the Los Angeles Rams warms up before the game against the Chicago Bears at SoFi Stadium on October 26, 2020 in Inglewood, California. (Photo by Katelyn Mulcahy/Getty Images) /

Making big moves early in NFL free agency is fraught with peril. These five teams have already made very expensive mistakes. 

It’s easy for NFL fans to get excited about splashy moves their favorite teams make in free agency. Unfortunately, it’s really difficult for front offices to get value in the opening days of free agency. Many of the deals that grab headlines early in the period also turn out to be the worst values over the long haul.

Fans of the following five teams should already be very concerned. Each of the following five players is going to turn out to be terrible value for their new franchises. The good news is that several of the contracts are only one-year deals. The bad news is that they are still massive overpays.

Agents of anyone on this list should be congratulated. Here are the five worst signings of NFL free agency to date.

5. Leonard Floyd, Los Angeles Rams

Giving a 29-year-old linebacker a four-year deal for $64 million isn’t atrocious in a vacuum. The problem with Floyd is that he doesn’t have an exceptional skill that’s going to provide value to the Rams over the long haul.

He’s a quality run defender but that’s not a premium skill at the outside linebacker spot. He’s shown flashes of being a decent pass-rusher, but if the Rams expect him to rack up double-digit sacks on a regular basis they’re going to be very disappointed.

Arguably his best current skill is his ability to hold up in coverage. That’s also the skill that could decline the fastest as Floyd enters his early-30s. This deal might look decent immediately for Los Angeles but it will age poorly.