Jacobs signs with San Francisco

Former Giants running back Brandon Jacobs has signed a one-year deal with the San Francisco 49ers that could be worth up to $2 million.  The Giants released Jacobs earlier this month because Jacobs was due to make $4 million this season. The team tried to re-negotiate with Jacobs and as of this morning, Tom Coughlin said Jacobs return to the Giants was still possible.  Apparently not anymore, though.  Jacobs will join another former Giant turned 49er this offseason, Mario Manningham, in San Francisco.

Jacobs complained often about his playing time after becoming the number two back behind Ahmad Bradshaw last season.  However, Jacobs will clearly be the number two back in San Francisco behind Frank Gore.  Perhaps Jacobs feels he’ll have more of a chance to play in San Francisco, due to Gore’s injury problems.  The Giants also probably couldn’t match the 49ers offer of $2 million, since they’ve been in salary cap trouble.

On the other end, this puts the Giants in a desperate need for another running back.  Bradshaw has quite a lengthy injury history and wasn’t the same player last year.  He had surgery again this offseason, too.  The only other running backs on the roster are DJ Ware, Da’Rel Scott, and Andre Brown.

Ware has mostly seen time as a third down back and receiver out of the backfield.

Scott was a rookie last season and seldom used in the running game.  He did excite fans after a very strong showing in the preseason, though, after rushing for 213 yards and two touchdowns on 14 carries in the preseason.

Brown was a fourth round draft pick by the Giants, but has been cut in the past and has been bounced around between multiple teams throughout his time in the NFL.

The Giants will most likely bring in another running back in the late rounds of the draft or possibly add a veteran free agent.

Don’t expect Parcells to join the Saints

Bill Parcells has been linked to the New Orleans Saints’ vacant head coaching position since Sean Payton was suspended for the entire 2012 season due to his role the bounty scandal. According to reports, Payton and Parcells have spoke nine times this week, but not about Parcells replacing Payton for the year. However, FOXSports.com is reporting they will meet this week to discuss the possible replacement.

It isn’t surprising that Payton would turn to Parcells in a time of need. After all, Payton used to work on Parcells’ staff with the Cowboys as an assistant head coach and quarterback coach. Why wouldn’t he turn to someone he’s very familiar with and trusts?

Payton may feel like Parcells is the best candidate to replace him for the 2012 season, but I don’t agree with that at all. Parcells hasn’t coached since the 2006 season and isn’t even sure if he has the fire to return to coaching. When Peter King asked Parcells if he had the bug to return to coaching, Parcells said, “Do I have the bug?” he said, then paused. I don’t think so.’”

That’s not the coach you want leading a group of man who should be rallying together during a bad time in the franchise’s history. The Saints need a coach that can light a fire underneath these players.

Let’s not forget the fact that Parcells would need to essentially learn Payton’s offensive and defensive systems, since he would only be their for one season. He’d have to do it with players that aren’t his own picks, either.

Last but not least, returning to coach for the Saints would reset Parcells’ Hall of Fame eligibility. A one year return to the game doesn’t seem like it’s worth delaying his Hall of Fame eligibility another five years. Parcells was nominated for the Hall of Fame for the first time this past season and was one of the last fifteen finalists.

Parcells is 71 years old and would also be the oldest head coach in the NFL if he were to return to coach the Saints. He’s currently the eleventh most wins fir a coach of all time.

Michael Bush signs with Bears

The Bears agreed a four-year, $14 million contract with former Raiders RB Michael Bush. The contract has $7 million in guaranteed money.

It’s clear that new Bears GM Phil Emery is trying to re-tool the team’s offense and add depth. The Bears have also added Brandon Marshall and Jason Campbell this off-season. Marshall finally gives the Bears a true number one receiver and Campbell provides a viable backup to Jay Cutler in case of injury.

Bush adds another threat to an already strong running-game, featuring Matt Forte. Forte has struggled in short-yardage and goal-line situations, so Bush will most likely fill in that role, since he performed well in those situations in Oakland. Bush’s arrival could also give the Bears some leverage in contract negotiations with Forte.

Khalil Bell will most likely return to be the team’s third running back. Bell performed well last season while Forte was injured at the end of the season. Marion Barber will most likely be released, however, to save $1.7 million in cap space.

Pierre Garcon signs with Redskins

Former Colts wide receiver Pierre Garcon announced via Facebook that he’ll be signing with the Washington Redskins.  Garcon is just 25 years old and will give Robert Griffin III a younger target to throw to.  After investing so much trading up to the second selection in this year’s draft, it’d make sense to surround Griffin with as many weapons as possible.  Because if Griffin turns out to be a bust, Washington could potentially cripple their franchise due to their lack of draft picks.

Exact details of the contract are unknown at this point, but sources are telling me Garcon will make $8 million.  It wouldn’t be free agency without Dan Snyder overpaying a free agent now, would it?

Brandon Marshall traded to the Bears

Wow. Free agency has started off with a bang. Today’s big move wasn’t a signing – the Dolphins have agreed to trade wide receiver Brandon Marshall to the Chicago Bears for a third-round pick in the 2012 draft and a third-round pick in the 2013 draft.

This is a surprising move to say the least. With the Dolphins still in pursuit of Peyton Manning, one has to wonder if that could have potentially led to Marshall’s departure. Marshall has notoriously been difficult to work with throughout his career, and Manning may have told the Dolphins he didn’t want to work with Marshall.

Marshall will be reunited with his quarterback from his day in Denver, Jay Cutler.

Cowboys release Terence Newman

Terence Newman’s abilities have dropped significantly over the last two seasons.  With a $6 million cap figure next season and a tight cap situation, the Cowboys have decided to release Newman.  The Cowboys have been linked to free agent cornerbacks like Brandon Carr and Cortland Finnegan, so this move comes as no surprise.

Perrish Cox signs with 49ers

The San Francisco 49ers have reached an agreement on a two-year contract with Perrish Cox.

Cox has had his share of character concerns throughout his career. During the 2010 NFL Draft, Cox was considered a first-round talent, but he fell all the way to the fifth round. He was also banned from Oklahoma State’s Pro Day and he had to perform his own personal workout to show off for scout. He was also acquitted of rape charges just two weeks ago.

Cox started just nine games with the Denver Broncos during his rookie season and struggled. The 49ers most likely have given Cox a low-risk, high-reward deal that shouldn’t be much above the league minimum. San Francisco seems like a good destination. Going to one of the top defensive teams in the league could be the only way left to get his career back on track.

Saints re-sign Marques Colston

FOX Sports’ Jay Glazer is reporting the Saints have reached a five-year extension with Marques Colston that will keep Colston with the Saints through 2016. The deal is reportedly worth over $40 million and has just under $20 million in guaranteed money.

With all of this money directed at Colston, it’d be hard to imagine the Saints re-signing Carl Nicks before the start of free agency at 4:00. Nicks wants to become the highest paid guard in the game.

Update: Terrell Thomas deal worth $28 million over four years

Earlier today, it was reported that the Giants re-signed cornerback Terrell Thomas. It was widely expected that Thomas would receive a deal similar to the one Mathias Kiwanuka signed after his injury last year. Many thought Thomas would receive a one-year, incentive laden deal to re-establish himself, after his second career right ACL tear. However, the Giants inked Thomas to a four-year deal worth $28 million. The deal also includes $11 million in guaranteed money.

The deal may seem a bit risky and it looks like the Giants may have overpaid, but in compairson, the Jacksonville Jaguars signed Aaron Kampman to a four-year, $26 million contract with $11 million guaranteed while he was still rehabbing a torn ACL in 2010.

Eagles sign Todd Herremans to 3-year extension

The Eagles have signed Todd Herremans to a three-year extension that will keep him with the Eagles through 2016. Herremans will receive a bit over $21 million with $11 million in guaranteed money, according to Adam Caplan.

Andy Reid issued the following statement, regarding the signing: “Todd’s intelligence, toughness, durability, and leadership are second to none. Very few players in the NFL can play at an extremely high level at both the (G) and (T) positions and Todd has done that for us.”