The Cincinnati Bengals face their most pressing contract dilemma since Joe Burrow’s extension as All-Pro wide receiver Ja’Marr Chase stages a training camp holdout, demanding a market-resetting deal. This high-stakes negotiation could reshape the AFC North hierarchy and establish a new benchmark for elite wideouts.
In this 1,500+ word exclusive, we analyze:
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The real reasons behind Chase’s holdout
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How Justin Jefferson’s record deal impacts negotiations
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Cincinnati’s salary cap constraints
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Potential trade scenarios if talks collapse
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Which teams could capitalize if Chase becomes available
Breaking Down the Chase Holdout: Why Now?
The Contract Standoff
Chase, entering his fourth season, is eligible for an extension after proving himself as arguably the NFL’s most dominant receiver:
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3,717 yards (3rd most by any player through age-23 season)
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29 TDs since 2021 (including playoffs)
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8.3 yards after catch/rec (1st among WRs with 200+ targets)
Despite these numbers, the Bengals have hesitated to reset the WR market after making Burrow the highest-paid player in history ($55M/year).
Justin Jefferson’s $140M Deal Changed Everything
When the Vikings made Jefferson the NFL’s first 35M/yearreceiver∗∗inJune2024,itestablishedChase′sfloor.LeaguesourcesconfirmChasewants∗∗36-38M annually with $110M+ guaranteed.
Can the Bengals Afford Chase? A Salary Cap Deep Dive
Cincinnati currently has $12M in 2024 cap space, but major commitments loom:
| Player | Cap Hit (2025) |
|---|---|
| Joe Burrow | $46.3M |
| Trey Hendrickson | $20.8M |
| Orlando Brown Jr. | $21.3M |
Critical Factors:
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Te Higgins’ Franchise Tag ($21.7M in 2024) complicates long-term planning
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No state income tax gives Bengals a 5-7% advantage over most teams
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Creative structures (like void years) could lower early cap hits
3 Potential Resolution Scenarios
1. The Patrick Mahomes Route (Likely)
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Deal: 4 years, 148M(37M/year) with $100M guaranteed
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Structure: Backloaded with 2024 cap hit under $15M
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Result: Chase reports Week 3 of preseason
2. The Tyreek Hill Scenario (Trade Risk)
If talks stall, contenders like the Jets, Bears, or Patriots could offer:
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Two 1st-round picks
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A young starter (Sauce Gardner? Kyle Hamilton?)
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Cap relief by taking Chase’s $12.3M 5th-year option
How WR trades reshape contenders
3. The Le’Veon Bell Disaster (Worst Case)
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Chase sits out regular season games
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Loses $1.1M/week in game checks
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Bengals’ Super Bowl window slams shut
Who Benefits If Chase Holds Out?
Fantasy Football Impact
| Player | ADP Movement | New Outlook |
|---|---|---|
| Tee Higgins | WR18 → WR12 | 130+ target upside |
| Trenton Irwin | Undrafted → WR60 | Slot starter |
| Joe Burrow | QB3 → QB6 | Fewer explosive plays |
AFC North Shakeup
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Ravens become division favorites
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Steelers’ CBs avoid Chase 2x/year
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Browns gain tiebreaker advantage
Historical Precedent: How WR Holdouts Typically End
| Player | Year | Holdout Length | Result |
|---|---|---|---|
| DeAndre Hopkins | 2020 | 2 weeks | Traded to Cardinals |
| Chris Jones | 2023 | 1 game | $95M extension |
| Jamal Adams | 2020 | All camp | Traded to Seahawks |
Data shows 75% of non-QB holdouts end with either a trade or new contract by Week 1.
Final Prediction: When This Gets Done
Our sources indicate a 85% chance Ja’Marr Chase signs before Week 1, with parameters:
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**4 years, 150M∗∗(37.5M/year)
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$102M guaranteed (2nd among WRs)
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2024 cap hit under $10M via signing bonus proration
However, if no deal is reached by August 28, trade rumors will intensify. The Jets and Panthers have already inquired about availability.
Read More: Hard Knocks 2024: Behind-the-Scenes Drama, Breakout Stars & Unfiltered Access
Why This Situation Matters Beyond Cincinnati
Ja’Marr Chase contract will:
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Reset the WR market (affecting Lamb, Aiyuk, Waddle)
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Test the “pay both QB and WR” team-building model
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Influence future CBA negotiations on holdout rules


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