Terry Fontenot and the Falcons were working on getting a deal done with Foye Oluokun before the league’s legal tampering period began, but those conversations obviously didn’t come to fruition. According to Ian Rapoport, the Jaguars are signing the former Yale Bulldog to a three-year, $45 million deal with $28 million fully guaranteed.
The #Jaguars are in agreement on a long-term deal with standout LB Foye Oluokun, per @ajv. A former 6th rounder from Yale(!) hits it big. He gets 3 years, $45M with upside to $46.5M. There is $28M fully guaranteed at signing.
— Ian Rapoport (@RapSheet) March 14, 2022
The Falcons were hoping to re-sign Oluokun, but the money was never going to work. With Deion Jones set to count $20 million against Atlanta’s cap this year, giving another off-ball linebacker $15 million per year was far-fetched. Eyes will turn to Mykal Walker to assume duties, but the Falcons could find a free agent or draft prospect to replace Oluokun’s production. Either way, it was definitely the right decision to let Foye walk; the Falcons shouldn’t be in the business of letting their in-house free agents walk, but overpaying to keep them is even worse.
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