The first wave of NFL free agency is winding down, and there are now plenty of deals to assess.
In the team free agency rankings we released ahead of the negotiation window earlier this month, we dove into the data from the previous four years, 2021 through 2024. We logged cash spent on each free agent during that span. We also logged the value produced — using Football Reference’s Approximate Value metric — by each player while he was on his free-agent contract. By comparing these two figures, we determined how much value each free agent produced per $1 million in cash spent, or AV per million. And, in turn,
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