Jacksonville Jaguars Decline Fifth-Year Option on Devin Lloyd, Highlighting 2026 Free Agency Prospects

What's Happening?

The Jacksonville Jaguars have decided not to exercise the fifth-year option on linebacker Devin Lloyd's contract, positioning him as a top free agent for the 2026 NFL offseason. According to NFL.com's Gregg Rosenthal, Lloyd ranks 25th among the best available free agents for 2026. Lloyd's performance in the 2024 season was notable, with 106 successful tackles out of 111 attempts, earning him high grades in the run game from Pro Football Focus (PFF). Despite his strong performance, the Jaguars opted not to extend his contract, allowing him to enter free agency after the 2025 season. Lloyd's versatility and improvement over his three-year career have been highlighted as key factors in his potential market value.

Why It's Important?

Devin Lloyd's impending free agency is significant for both the player and the NFL market. As a highly graded linebacker, his availability could attract interest from multiple teams seeking to bolster their defensive lineups. The Jaguars' decision not to extend his contract suggests a strategic move to manage salary cap space or to explore other defensive options. For Lloyd, entering free agency could provide an opportunity to negotiate a lucrative contract, especially given the scarcity of linebackers with his skill set. This development could influence team strategies and player negotiations across the league, impacting the dynamics of the 2026 offseason.

What's Next?

As Lloyd plays out the final year of his rookie contract in 2025, his performance will be closely monitored by potential suitors. The Jaguars, under the guidance of defensive coordinator Anthony Campanile, may still benefit from Lloyd's contributions in the upcoming season. However, the team's long-term plans will likely involve scouting for replacements or restructuring their defensive strategy. Meanwhile, other NFL teams will assess Lloyd's fit within their systems, potentially leading to competitive bidding once he officially enters free agency.