Philadelphia Eagles sign TE Johnny Mundt

The Philadelphia Eagles' signing of tight end Johnny Mundt earns a **C Contract Value Index (CVI)** — a middling deal that reflects the slot-filler economics of the position rather than any strategic premium. At $1.5M on a one-year agreement, this is replacement-level cap allocation for a depth tight end, the kind of low-risk, high-turnover signing that teams make to round out roster depth without future financial entanglement. Mundt operates below the franchise-caliber tier; he's a depth piece and situational contributor rather than a core building block, so the contract's minimal commitment mirrors realistic expectations. The one-year structure shields Philadelphia from long-term salary commitment, but the AAV itself signals no confidence in him as a primary offensive weapon heading into a regular season where the Eagles sit atop the NFC East at 11-6 and aim to maintain playoff positioning. For a team in competitive mode, this is efficient housekeeping — the kind of transaction that neither inflates the payroll nor creates dead-cap risk, but also doesn't move the needle on meaningful offensive upgrades. The CVI reflects exactly what it is: a practical, low-stakes signing that costs almost nothing and demands almost nothing in return.