Trading Julio Jones isn’t the only way Terry Fontenot can create enough cap space to sign the 2021 draft class, but as of now, the Falcons have the least amount of space available under the Top 51 contracts cap ($357,000) behind only the New Orleans Saints ($349,000). Once thought of as the only reason to facilitate a trade, money isn’t the only factor in this decision anymore as Jones did make a trade request out of Atlanta months ago, according to Ian Rapoport of NFL Network. The date to keep an eye on is June 2nd, as any time after June 1st, Atlanta can defer his $15.5 million dead cap salary hit to 2022. There can be a trade agreed to with the intentions of making it official after the first of June, and Vegas already has a few favorites for where he might be playing his home games this year.
According to FanDuel, the New England Patriots are currently set at +250 odds and are betting favorites, with the Falcons following closely behind at +300 odds. The Titans and Ravens are further behind Atlanta set at +500 odds, and the 49ers and WFT are set at +750 odds, but PointsBet has the odds scattered compared to FanDuel.
The biggest difference is PointsBet doesn’t even have the Falcons listed as an option, with teams like the Saints at +4000 odds still listed. Pointsbet has the 49ers as the favorites to land Jones, reuniting him with Kyle Shanahan. The Colts and Chargers follow them closely with +475 odds; then the Ravens at +600 odds and Patriots at +700 odds round out the top five.
There are ten or so teams that can absorb the $15.5 million cap hit without any other money-saving moves, but only a few of them are in a position to trade for Jones because of their team’s timeline. The Chargers, Colts, and Patriots are the teams listed in the top tier of odds that have enough cap space to take on his contract right now.