**Four Thoughts on Texans WR Nico Collins’ Massive Contract Extension**
Even after an incredibly exciting offseason, Houston Texans fans have been eagerly wondering what GM Nick Caserio might do next. With about $20 million in cap space available, fans are dreaming about further moves to elevate the team. It turns out, Caserio’s latest big move focuses on the long term: fourth-year wide receiver Nico Collins agreed to a three-year, $72.75 million contract extension starting after the 2024 season.
Collins, who battled injuries and poor team performance in his first two seasons (2021-2022), took significant steps to improve his health and performance in the offseason leading up to 2023. The team also improved its coaching staff and brought in C.J. Stroud at quarterback. As a result, Collins had a stellar season, catching 80 passes for 1,297 yards and eight touchdowns, missing only two games due to injury. This contract extension is crucial for both sides.
**Here are four thoughts on the deal:**
**1. Good Deal for Both Sides**
The Average Annual Value (AAV) of over $24 million makes Collins the 7th highest-paid wide receiver in the NFL. While this might seem high given his single great season, it’s important to note that several other receivers (Justin Jefferson, Ceedee Lamb, Ja’Marr Chase, Brandon Aiyuk) are expected to surpass this deal soon, making Collins’ contract look even better. It’s commendable that the Texans didn’t hold their past ineptitude against Collins and rewarded his perseverance.
**2. A First for Nick Caserio**
Nico Collins is the first player drafted by Caserio to sign a second contract with the team, hopefully the first of many. Despite initial skepticism from fans about Caserio’s ability to re-sign his draft picks, he is now recognized as one of the best roster builders in the NFL. Other players who could join Collins in the “second contract” club include:
– **Locks**: C.J. Stroud, Will Anderson
– **Lock, If Healthy**: Derek Stingley, Tank Dell
– **Lock, If Improved**: Jalen Pitre
– **People of Interest**: Christian Harris, Juice Scruggs
Overall, this extension is a positive step for the Texans, reflecting the team’s confidence in Collins’ future contributions.
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