A low-risk, high-hustle practice squad move with minimal immediate impact. Multiple headlines track Schrader's waivers claim, practice squad stints, and re-signings across several roster cycles. The key signal is his repeated practice squad re-signings, suggesting value as a developmental body but not a roster lock. Fans appreciate his underdog story, with his 'living out of a suitcase' journey generating genuine goodwill. Schrader likely remains a practice squad staple unless injuries force an emergency elevation.
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Contract Value Index (CVI)
D+
Below Value
OverpayFair ValueGreat Value
This signing grades out as a significant overpay for the Denver Broncos — the team is paying more than the on-field production currently warrants. Cody's on-field performance ranks in the bottom quartile among NFL RBs, grading him as an unproven at the position. His $1.1M average annual value ranks as bargain money for the RB market. The concern here is the gap between production and cost — unproven output at bargain money means the team is paying a premium above the player's on-field value. Cody is squarely in his prime, which adds to the deal's upside — the team should get multiple productive seasons out of this contract.
Contract Details
Total Value
$1.1M
AAV
$1.1M
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