Will the Eagles Retain Free Agent D’Andre Swift?
D’Andre Swift will now become an unrestricted free agent after shattering his career high in rushing yards in 2023. Howie Roseman and the Philadelphia Eagles haven’t valued running backs in recent seasons. However, the free agent market plays into their hands about as well as possible. Rumors have the the Eagles as a potential landing spot for Saquon Barkley. The speculation is more like a pipe dream.
Will the Eagles retain the most dynamic running back on the roster, or will the market pry Swift away from his hometown?
Free Agent Running Backs
Adam Schefter made a bold statement during his weekly appearance on The John Kincade Show proclaiming “the deepest free agent running back class that we’ve ever seen.”
Saquon Barkley, Josh Jacobs, Derrick Henry, Gus Edwards, J.K. Dobbins, Clyde Edwards-Helaire, Tony Pollard, and Swift highlight the star-studded list. Schefter believes that the incredible supply outweighs the demand in a modern NFL landscape that devalues the running back position.
“I think there will be a couple of these guys like Saquon and Jacobs that get paid…but the majority of these guys are not going to get what they want.” –Adam Schefter
He estimated that the top backs he mentioned could command about $10 million in average annual value (AAV). Teams looking to sign a running back probably won’t meet the price of big name free agent backs.
D’Andre Swift
Swift carried 239 times for 1083 yards in 17 regular-season and playoff games in 2023. The impressive statistical output might look like a solid credential to earn him a payday from the Eagles. He is contrarily less attractive to the Eagles with additional tread to his tires, however, nearly doubling his previous career high of 121 carries.
The 25-year-old didn’t impact the passing game heavily after chatter spread during training camp about the hopeful new element to the Philadelphia offense. He finished with 214 receiving yards, the lowest output of his four NFL seasons. He averaged 7.2 yards per reception in three seasons with the Detroit Lions, but the number dropped to 5.5 in 2023.
The influence of new offensive coordinator Kellen Moore could change that if Swift returns in 2024, but Jalen Hurts never developed a rhythm with Swift out of the backfield. The prospective opportunity probably won’t play a major factor in Philadelphia’s offseason decisions at running back.
Eagles’ Approach to Free Agent Running Backs
Swift’s calculated market value, according to Spotrac, is about $6.7 million in AAV. He would likely ask for at least two or three years on a new deal. Roseman is one of many NFL GMs shying away from paying running backs. He showed little hesitation to let Miles Sanders walk away after an excellent statistical output in the final season of his rookie contract in 2022.
Chip Kelly spent big money on Ryan Mathews and DeMarco Murray in 2015. The two signings never paid off for the Eagles. Howie Roseman then signed LeGarrette Blount, who earned $1.25 million in his only season with the Eagles in 2017. He acquired Jay Ajayi, who earned about $2.5 million total in two stints in Philadelphia.
The acquisition of Swift at the 2023 NFL Draft mirrored Roseman’s move to acquire Jordan Howard in 2019. Both running backs were entering the final season of their rookie contracts. Howard cost about $2.03 million in 2019, and Swift cost about $2.17 million in 2023.
The Eagles are extremely unlikely to sign D’Andre Swift as a free agent for $6.7 million on a multi-year deal.
The Chances of a Swift Return
Schefter spoke about potential factors that could contribute to Swift returning to his hometown.
The overwhelming supply of running backs could drive prices down at an even more extreme level than past free agent markets. Could Howie Roseman play the waiting game and allow Swift to figure that out on his own? Schefter summarized the mentality of some NFL free agents.
“I didn’t get the money that I wanted. What’s the situation that works for me?” -Adam Schefter
“It could be an option that all of a sudden he is sitting there, and he winds up going back to Philly because frankly there are no other better options. D’Andre Swift deserves to get a nice contract, but he is at a position that has not been paid in recent years.”
— 97.5 The Fanatic (@975TheFanatic) February 28, 2024
-@AdamSchefter pic.twitter.com/hWZ2mbkeZA
The strategy has helped the Eagles gather great value in the later waves of free agency, especially two years ago with James Bradberry’s initial one-year contract for the 2022 season. If Swift stays in Philadelphia, it’s likely that the deal isn’t done until June or later.
The scenario is still unlikely. The projected $6.7 million number might have to dwindle down about 50%. Roseman and the Eagles are extremely confident in the positional priorities that have worked for them in the past. They’re much more likely to pursue a low-cost trade like they did for Howard and Swift or sign another veteran on a short-term contract with a lower AAV.