Jacksonville Jaguars sign WR Brady Boyd

Brady Boyd's three-year, $3.11M deal with the Jacksonville Jaguars earns a C+ Contract Value Index (CVI), landing firmly in "fair deal" territory for a receiver operating at the bottom of a 53-man roster. At a $1.04M AAV, Jacksonville is essentially paying near the veteran minimum for a player who profiles as roster depth rather than a featured contributor — the kind of signing that fills out a practice squad-eligible tier without burning meaningful cap space. The real tell on how the Jaguars view Boyd is in the contract structure: just $10K in guaranteed money on a three-year deal is as close to zero commitment as a signed contract gets, signaling this is a prove-it opportunity rather than a genuine multi-year investment. That near-zero guarantee makes the three-year length almost irrelevant in practice — Boyd will need to earn his spot on the active roster or face a cut before the guarantees ever matter. For a Jaguars team sitting at 13-4 and holding the No. 3 seed in the AFC, this is the type of low-floor, low-ceiling depth acquisition that makes sense as a training camp body during the offseason, adding competition at wide receiver without any meaningful financial exposure. The CVI holds at C+ because the contract does exactly what it needs to — it's structurally sound for the team — but there's simply no production data or role definition to push this into more favorable value territory.