Indianapolis Colts general manager Chris Ballard offered a simple prediction when asked whether impending free agent Michael Pittman, Jr. will be on the roster next season.

"Yes," Ballard said.

The Colts' top wide receiver the past three seasons, Pittman is set to become a free agent in the coming weeks after playing out his rookie contract.

"We've had talks with [Pittman's] agent, who is really good... We'll work hard to get a deal done," Ballard continued.

The Kansas City Chiefs are releasing wide receiver Marquez Valdes-Scantling, which will save $12 million against their salary cap.

Valdes-Scantling played two seasons with the Chiefs after signing as a free agent from the Green Bay Packers. He caught 42 passes in 2022 and 21 last season but often had his biggest moments in the playoffs.

Rashee Rice was the Chiefs' leading pass catcher in 2023 with 79.

The Dallas Cowboys "absolutely" want to sign Dak Prescott to a long-term deal.

"Our whole thing with Dak is him being a Cowboy," executive vice president Stephen Jones said. "That's all that's on our mind."

Prescott is scheduled to count $59.4 million against the salary cap for 2024 in the final year of his contract. 

The Cowboys could do a simple restructuring that would give them $18.52 million in cap relief for this season, but it would push money to 2025 and 2026 with Prescott counting nearly $55 million against the cap in 2025 even if he played elsewhere.

The Cowboys, though, say they are committed to Prescott long term and want to sign him to a long-term deal.

"We got ways to adjust his cap number for this season," Jones said of Prescott. "Obviously between Dak and Micah [Parsons] and CeeDee [Lamb], the salary cap is real for us. We want to do deals with all three of them. Do you get to do everything you want to do with the salary cap? I don't think any team does. But we're certainly going to be able to go out and go to work and get the things done that we feel like we need to get done to be successful."

Tua Tagovailoa is in the fifth and final year of his rookie contract with the Miami Dolphins.

The quarterback remains without a long-term deal, but Mike McDaniel has expressed optimism about where things are headed.

McDaniel said at a press conference on Tuesday that he is "very encouraged" about how talks with Tagovailoa are progressing.

"Both his representation and our organization are hard at work," McDaniel said. "Those timelines are impossible to predict. My main concern this offseason has been communicating what Tua needs from his head coach and his offensive coaching staff, which is what things can we identify to continue the progression of your game the same way that we have since Day One."

The Kansas City Chiefs are preparing to use the franchise tag on L'Jarius Sneed and are open to a trade if no long-term deal is reached.

Sneed is agreeable to the scenario, which gives him a chance to talk with other teams while the Chiefs remain in play for his services for the 2024 season. 

The Chiefs are expected to use the nonexclusive franchise tag, which would cost about $19 million for the 2024 season.

Sneed had his best season ever in 2023 as one of the best cornerbacks in the NFL.

The Tennessee Titans haven't ruled out the possibility of re-signing Derrick Henry.

Henry is coming off a four-year, $50 million deal signed in 2020.

"He knows where we are and we know where he is," Titans general manager Ran Carthon said Tuesday. "We'll be well positioned to do whatever we need to do. When those conversations need to be had, we'll have them with Derrick and his team."

Henry finished second in the NFL with 1,167 rushing yards last season.

The Tampa Bay Buccaneers will release linebacker Shaquil Barrett, according to sources.

Barrett had a $15.04 million option bonus due next month and will be a salary cap charge of just under $14.2 million for 2024.

Barrett, 31, was a key contributor on Tampa Bay's championship-winning defense in 2020, recording three sacks against the Green Bay Packers in the NFC Championship Game and another sack against the Kansas Chiefs in Super Bowl LV.

The New York Giants will attempt to re-sign Saquon Barkley, but they likely will not use the franchise tag on him.

The franchise tag for Barkley is worth $12,109,200.

During the 2023 season, Barkley had 247 carries for 962 yards and six touchdowns to go with 41 receptions for another 280 yards and four touchdowns.

The Las Vegas Raiders are not expected to use the franchise tag on Josh Jacobs.

The tag would have been worth $14,149,200 for Jacobs.

The Raiders will attempt to re-sign Jacobs.

If the Houston Texans want to discuss a contract extension, Nico Collins is willing to listen.

A third-round pick in 2021, Collins became eligible for an extension this offseason. He had a career year in 2023, posting 80 catches for 1,297 yards and eight touchdowns.

"Oh man, I would love that," Collins said. "That would be great. I feel like that's what everybody works for. I'm just going to let it come to me, whatever they decide, whatever they want to do. I'm going to let it ride. Me, I'm going to continue to get better and work on my game. If they want to negotiate, we can."