Tennessee Titans sign Lance McCutcheon

Lance McCutcheon earns a C- Contract Value Index (CVI) for this signing—a deal that reflects marginal upside but carries moderate execution risk in a rebuild context. At $1.06M AAV on a two-year, $2.125M pact, the Titans are committing minimal guaranteed money to a depth receiver, which is defensible for a franchise sitting at 3-14 and nursing a two-game losing streak heading into the offseason. The salary floor is low enough that McCutcheon functions as true roster filler, and the two-year window allows Tennessee flexibility to cut bait without dead-cap consequences if he underperforms. Where the CVI suffers is in the asymmetric risk-reward: a depth signing at this price point typically carries higher probability of neither exceeding expectations nor providing reliable production, leaving little margin for the deal to look prescient. For a team in active rebuild mode, this is exactly the kind of low-stakes, low-cost commitment that makes sense—but it's also the kind of move that rarely moves the needle on either evaluation or franchise fortunes.