Tennessee Titans sign LS Morgan Cox

Morgan Cox's one-year, $1.49M signing earns a C+ Contract Value Index (CVI), reflecting a pragmatic depth move that sidesteps inflated long-term commitment without capturing meaningful surplus value. At the long snapper position, Cox occupies a specialized roster slot with limited upside—the role demands consistency and reliability over statistical production, which constrains both his earning power and the upside ceiling on any deal structure. The $1.49M AAV sits in the solid-starter band for the position, neither a bargain nor a structural overpay, but it does lock the Titans into a full-season commitment during an offseason when roster flexibility remains a premium. The one-year term itself is shrewd: it avoids multi-year dead-cap risk if Cox declines at age-forward, while simultaneously signaling the team has immediate snapping needs without betting institutional capital on a future window that the club's 3-14 record and recent losing streak suggest is not imminent. This is exactly the sort of transaction that produces a C+ CVI—competent execution on a replacement-level role, where "not overpaying" is the highest bar, and the value trades off against zero surplus potential.