3 and Out with John Middlekauff Jaxon Smith-Njigba’s megadeal, Ty Simpson a first rounder, and Kelce's new contract
Mar 24, 2026
A contract-focused conversation about Jaxon Smith-Njigba’s megadeal and how teams juggle cash and cap when valuing elite receivers. A look at Ty Simpson’s draft buzz and whether he truly belongs in the first round. Analysis of Travis Kelce’s new Kansas City contract and the cap mechanics teams use to preserve their windows.
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JSN Deal Complicates Puka Nacua Negotiations
- JSN's deal resets expectations for other WR paydays and complicates Puka Nacua negotiations.
- Middlekauff notes Puka's later-round status, off-field concerns, and the Rams' potential reluctance to match JSN-level guarantees.
Quarterback Inflation Versus College Reps
- Quarterback inflation has pushed some one-year starters and limited-rep prospects into early-round talk despite limited college reps.
- Middlekauff compares Ty Simpson to Brock Purdy and warns reps and landing spot matter for long-term success.
Prefer Quarterbacks With Extensive College Reps
- Avoid drafting quarterbacks high if they lack multi-year starting reps and traits; prefer prospects with extensive college reps.
- Middlekauff advises teams to value reps and soft landing spots, citing Purdy's long college experience and path to winning a roster spot.