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Andy Schectman, president of Miles Franklin, breaks down recent silver market dynamics, including the massive rise in entities standing for delivery of physical metal, increased CME Group (NASDAQ:CME) margin requirements and China’s silver export controls.

‘We’re beginning to see at the highest level a change of mentality, a change of perception of what these metals truly are,’ he said in the interview.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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Sankamap Metals Inc. (CSE: SCU) (‘Sankamap’ or the ‘Company’) the Company and its auditor continue to work diligently toward the completion and filing of the Company’s annual audited financial statements and management’s discussion and analysis for the fiscal year ended June 30, 2025 (the ‘Required Filings’). The Company has obtained approval from the Alberta Securities Commission to extend the Management Cease Trade Order (‘MCTO’) under National Policy 12-203 Management Cease Trade Orders (‘NP 12-203’) until January 31, 2026. Sankamap confirms that it has received the crucial confirmations from the Solomon Islands government, and that the majority of the audit work has now been completed, with only a limited number of minor confirmations and outstanding items remaining. The Company is actively working to provide the remaining items and is contacting any parties from whom confirmations are still outstanding. Subject to the completion of these remaining items, the audit file is expected to enter the final stages of review and be nearing completion.

The Required Filings were due to be filed by October 28, 2025. In connection with the anticipated delays in making the Required Filings, the Company made an application for a MCTO under NP 12-203 to the Alberta Securities Commission, as principal regulator for the Company, and the MCTO was issued on October 29, 2025. The MCTO restricts all trading by the Company’s CEO and CFO in securities of the Company, whether direct or indirect. The MCTO does not affect the ability of persons who are not directors, officers or insiders of the Company to trade their securities. The MCTO will remain in effect until the Required Filings are filed or until it is revoked or varied.

The Company expects to proceed with the filing of its interim first-quarter financial statements shortly after the Required Filings have been completed and submitted.

The Company confirms that it intends to satisfy the provisions of the alternative information guidelines described in NP 12-203 by issuing bi-weekly default status reports in the form of a news release until it meets the Required Filings requirement. The Company has not taken any steps towards any insolvency proceeding and the Company has no material information relating to its affairs that has not been generally disclosed.

For further information with respect to the MCTO, please refer to the Company’s news releases dated October 21, 2025, November 4, 2025, November 18, 2025, December 3, 2025, December 17, 2025 and December 30, 2025, available for viewing on the Company’s SEDAR+ profile at www.sedarplus.ca.

About Sankamap Metals Inc.

Sankamap Metals Inc. (CSE: SCU) is a Canadian mineral exploration company dedicated to the discovery and development of high-grade copper and gold deposits through its flagship Oceania Project, located in the South Pacific. The Company’s fully permitted assets are strategically positioned in the Solomon Islands, along a prolific geological trend that hosts major copper-gold deposits; including Newcrest’s Lihir Mine, with a resource of 71.9 million ounces of gold¹ (310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred).

Exploration is actively advancing at both the Kuma and Fauro properties, part of Sankamap’s Oceania Project in the Solomon Islands. Historical work has already highlighted the mineral potential of both sites, which lie along a highly prospective copper and gold-bearing trend, suggesting the possibility of further, yet-to-be-discovered deposits.

At Kuma, the property is believed to host an underexplored and largely untested porphyry copper-gold (Cu-Au) system. Historical rock chip sampling has returned consistently elevated gold values above 0.5 g/t Au, including a standout sample assaying 11.7% Cu and 13.5 g/t Au2; underscoring the area’s significant potential.

At Fauro, particularly at the Meriguna Target, historical trenching has returned highly encouraging results, including 8.0 meters at 27.95 g/t Au and 14.0 meters at 8.94 g/t Au3. Complementing these results are exceptional grab sample assays, including historical values of up to 173 g/t Au3, along with recent sampling by Sankamap at the Kiovakase Target, which returned numerous high-grade copper values, reaching up to 4.09% Cu. In addition, limited historical shallow drilling intersected 35.0 meters at 2.08 g/t Au3, further underscoring the property’s strong mineral potential and the merit for continued exploration. With a commitment to systematic exploration and a team of experienced professionals, Sankamap aims to unlock the untapped potential of underexplored regions and create substantial value for its shareholders. For more information, please refer to SEDAR+ (www.sedarplus.ca), under Sankamap’s profile.

1.Newcrest Technical Report, 2020 (Lihir: 310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred)

2. Historical grab, soil and BLEG samples from SolGold Kuma Review June 2015, and SolGold plc Annual Report 2013/2012

3. September 2010-June 2012 press releases from Solomon Gold Ltd. and SolGold Fauro Island Summary Technical Info 2012

QP Disclosure

The technical content for the Oceania Project in this news release has been reviewed and approved by John Florek, M.Sc., P.Geol., a Qualified Person in accordance with CIM guidelines. Mr. John Florek is in good standing with the Professional Geoscientists of Ontario (Member ID:1228) and a director and officer of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

s/ ‘John Florek’
John Florek, M.Sc., P.Geol
Chief Executive Officer
Sankamap Metals Inc.

Contact:
John Florek, CEO
T: (807) 228-3531
E: johnf@sankamap.com

The Canadian Securities Exchange has not approved nor disapproved this press release.

Forward-Looking Statements

Certain statements made and information contained herein may constitute ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to Sankamap and there is no assurance that the actual results will meet management’s expectations. Forward-looking statements and information may be identified by such terms as ‘anticipates,’ ‘believes,’ ‘targets,’ ‘estimates,’ ‘plans,’ ‘expects,’ ‘may,’ ‘will,’ ‘could’ or ‘would.’

This press release contains forward-looking statements, including, but not limited to, statements regarding management’s expectations about obtaining the MCTO and completing the Required Filings within the anticipated timeline. Forward-looking statements are subject to various risks, uncertainties, and other factors that could cause actual results or events to differ materially from those expressed or implied by such statements. Sankamap does not undertake any obligation to update forward-looking statements or information, except as required by applicable securities laws. For more information on the Company, investors should review the Company’s continuous disclosure filings that are available at www.sedarplus.ca .

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280320

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VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / January 14, 2026 / CoTec Holdings Corp. (TSX-V:CTH)(OTCQB:CTHCF) (‘CoTec’ or the ‘Company’) is pleased to announce that the Company’s CEO, Julian Treger, will host an investor update on Friday, January 16, 2026, at 8:00 a.m. PST / 11:00 a.m. EST.

The update will highlight recent platform and strategic developments across the CoTec portfolio. Management will provide a high-level update on progress at MagIron, a CoTec investment advancing a U.S.-based iron ore and metallics strategy, as well as HyProMag USA, and discuss other key initiatives currently being advanced by the Company. The presentation will also include management’s outlook for 2026, outlining priorities, upcoming milestones, and areas of focus for the year ahead. A Q&A session will follow the presentation.

Investors who wish to attend the presentation may do so by clicking here to register.

Should the above link not work, please copy and paste the following link to your web browser: https://us06web.zoom.us/webinar/register/WN_0NBXb4IIRXOVP0d2l7j5Vg#/registration

About CoTec

CoTec Holdings Corp. (TSX-V:CTH)(OTCQB:CTHCF) is redefining the future of resource extraction and recycling. Focused on rare earth magnets and strategic materials, CoTec integrates breakthrough technologies with strategic assets to unlock secure, sustainable, and low-cost supply chains for the United States and its allies.

CoTec’s mission is clear: accelerate the energy transition while strengthening U.S. economic and national security. By investing in and deploying disruptive technologies, the Company delivers capital-efficient, scalable solutions that transform marginal assets, tailings, waste streams, and recycled products into high-value critical minerals.

From its HyProMag USA magnet recycling joint venture in Texas, to iron tailings reprocessing in Québec, to next-generation copper and iron solutions backed by global majors, CoTec is building a diversified portfolio with long-term growth, rapid cash flow potential, and high barriers to entry. The result is a differentiated platform at the intersection of technology, sustainability, and strategic materials.

For more information, please visit www.cotec.ca

For further information, please contact:
Eugene Hercun, VP Finance, +1 604 537 2413

Forward-Looking Information Cautionary Statement

Statements in this press release regarding the Company and its investments which are not historical facts are ‘forward-looking statements’ that involve risks and uncertainties, including statements relating to management’s expectations with respect to its current and potential future investments and the benefits to the Company which may be implied from such statements. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. For further details regarding risks and uncertainties facing the Company, please refer to ‘Risk Factors’ in the Company’s filing statement dated April 6, 2022, a copy of which may be found under the Company’s SEDAR+ profile at www.sedarplus.ca

Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this news release.

SOURCE: CoTec Holdings Corp.

View the original press release on ACCESS Newswire

News Provided by ACCESS Newswire via QuoteMedia

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The cobalt market entered 2025 under pressure from a prolonged supply glut, but the balance shifted sharply as the year unfolded, due almost entirely to intervention from the Democratic Republic of Congo (DRC).

After starting the year near nine year lows of US$24,343.40 per metric ton, cobalt metal prices had risen to US$53,005 by the end of December, pushed upward by supply concerns stemming from export limits in the DRC.

“The cobalt market in 2025 was characterised by a significant price recovery following the DRC banning the export of all cobalt from its borders in February,” said Aubry. “By the end of 2025, sulphate prices increased 266 percent, hydroxide increased by 328 percent and metal prices by 130 percent year-to-date.”

Q1: Cobalt moves from glut to supply shock

As mentioned, cobalt metal prices hit their weakest level since 2016 in January. Global mine output had more than doubled over five years, far outpacing demand growth from electric vehicles and other end uses.

That dynamic changed abruptly in late February, when the DRC — which supplies roughly three-quarters of the world’s cobalt — imposed a four month suspension on cobalt hydroxide exports.

The news lifted cobalt from US$24,495 at the start of the year to above US$34,000 by the end of March, with intra-month highs nearing US$36,300. The move marked the sector’s first meaningful rebound in nearly two years.

As the DRC exhibited control over cobalt supply, the market began to look to the world’s second largest cobalt-producing nation: Indonesia. Indonesia’s cobalt output is largely a by-product of its laterite nickel industry, produced through high-pressure acid leaching (HPAL) plants that process nickel-rich ores.

These facilities generate mixed hydroxide precipitate (MHP), an intermediate containing both nickel and cobalt that can be further refined into battery-grade materials. The model has enabled Indonesia to rapidly scale its cobalt supply, leveraging its dominant nickel position and integrated processing infrastructure.

Indonesia produced about 31,000 metric tons of cobalt in 2024 — roughly 10 percent of global supply — cementing its position as the world’s second largest producer behind the DRC.

Output growth is being driven by HPAL projects targeting up to 500,000 tons per annum (tpa) of mixed hydroxide precipitate, potentially yielding 50,000 tpa of cobalt, though scaling up may prove challenging.

Indonesian MHP, a lower-cost intermediate that is rich in nickel and cobalt, is increasingly viewed by Chinese refiners as a substitute for DRC-sourced cobalt hydroxide.

Q2 and Q3: A fragile equilibrium forms

The DRC’s export ban continued to underpin prices through the second quarter.

Standard-grade cobalt metal was trading near US$15 to US$16 per pound at the time, while cobalt sulfate posted even sharper gains. Despite the rally, sentiment remained cautious. Chinese refiners drew on existing inventories, and trade data showed cobalt units still flowing into China, particularly from Indonesia.

By June, prices had begun to ease as uncertainty mounted over how long the DRC would maintain controls.

Although China imported significant volumes earlier in the year, analysts warned Indonesian supply would be insufficient to fully offset reduced DRC cobalt shipments. Later that month, the DRC extended its export restrictions through September, reinforcing expectations that the market would move toward balance.

By mid-year, Chinese import data confirmed the impact — cobalt hydroxide inflows had fallen sharply, with analysts projecting constrained refinery feed into late 2025 or early 2026.

Prices stabilized in a broad US$33,000 to US$37,000 range through Q3, supported by tightening supply and diminishing inventories. Market participants increasingly viewed the DRC’s actions as a structural shift rather than a temporary correction, signaling the end of the cobalt surplus that had defined the previous two years.

By late 2025, the cobalt market had transformed from one of chronic oversupply to one approaching equilibrium — a reset driven not by demand growth, but by decisive supply-side intervention.

Q4: Cobalt quotas replace DRC ban, prices climb

After months of supply disruption, the DRC lifted its full cobalt export ban in mid-October, replacing it with a rigid quota system that will shape the market through 2026.

Under the new framework, annual DRC exports are capped at about 96,600 metric tons, roughly half of 2024 levels, with just 18,125 metric tons scheduled for shipment in Q4 2025.

This structural tightening helped sustain elevated prices that surged above US$47,000 by late October, levels not seen since early 2023, amid persistent feedstock shortages and constrained exports.

DRC quotas have provided a degree of market clarity, with major producers like CMOC Group (OTCPL:CMCLF) receiving significant allocations that underpin production plans. Despite robust output guidance, inventories outside the DRC remain tight, and market participants see continued upward price pressure as the quota system curtails supply.

“The DRC’s quota system is set to squeeze supply in the next two years — unless the country revises quotas higher,” wrote Fastmarkets’ Oliver Masson in a December market update.

“Prices are already considerably higher than they were at the beginning of the year, and they are likely to remain elevated for as long as current quota levels remain in force,’ he said. ‘Cobalt is mostly used in batteries, and the longer prices remain elevated, the more likely it is that EV manufacturers will seek to move to low-cobalt or cobalt-free chemistries where feasible. This could slow demand in the medium term.”

Cobalt price forecast for 2026

Looking ahead to 2026, analysts see the cobalt market shifting into a deficit as export caps bite and global feedstock availability shrinks. Fastmarkets projects a structural shortfall of about 10,700 metric tons against demand near 292,300 metric tons, driven by DRC quota limits and ongoing drawdowns of stocks.

Industry forecasters also anticipate that reduced shipments, combined with a stubbornly tight pipeline, will support stronger average prices next year. Some forecasts suggest cobalt could average near US$55,000 in 2026 as export quotas supplant the 2025 ban. Indonesian supply is emerging as a secondary source, with production climbing, but most analysts agree it will be insufficient to offset DRC constraints in the near term.

After a year of dramatic swings driven by supply policy in the DRC, 2026 is shaping up as the first sustained deficit environment in the cobalt market, with prices expected to remain elevated amid structural tightening.

“Prices have substantially recovered over 2025 and are expected to remain elevated in 2026 as the DRC limits exports,” said Aubry. “There is a significant potential upside risk as dwindling ex-DRC stocks present the risk of demand destruction towards the end of the year.”

Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.

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Iron ore prices have strengthened since bottoming out in September 2024, but the base metal faced headwinds in 2025 as tariff threats and investor uncertainty weighed on the market.

Usage in steel makes iron ore one of the most widely used and essential materials in the world, and as a result its fortune is highly dependent on the strength of the construction and manufacturing sectors.

Iron ore has also seen increased demand from electric vehicle (EV) batteries over the last several years.

Among all countries, China leads the world in steel production, but lacks domestic supply to meet demand; it is also the world’s largest importer of base metals. As one of the biggest manufacturing bases and a significant source of demand for construction and EV production, China exerts considerable influence on iron ore prices.

Additionally, as 2026 begins, the definitive period for the EU’s Carbon Border Adjustment Mechanism (CBAM) is starting — it will apply levies to high-carbon imports such as steel.

How did iron ore prices perform in 2025?

Iron ore started 2025 at US$99.44 per metric ton (MT) on January 6, then hit US$107.26 on February 12.

The start of March saw a steep decline for prices as they retreated toward the US$100 mark, then climbed back to US$104.25 on April 2; a rout in the base metals market saw prices fall to US$99.05 on April 9.

While other metals recovered, iron ore continued to track lower, reaching US$97.41 on May 5 and ultimately sinking to a yearly low of US$93.41 on July 1. During the third quarter, iron ore prices gained momentum, rising above the US$100 mark in August and reaching a quarterly high of US$106.08 on September 8.

Prices were largely rangebound in Q4, dropping below US$104 only once on November 7, then recovering to post a yearly high of US$107.88 on December 4. Prices had retreated to US$106.13 by December 5.

Key iron ore price drivers in 2025

All in all, prices for iron ore didn’t fare too badly in 2025.

The biggest factor affecting growth was a significant fall-off during the first half of the year as pressures mounted from a continuing slump in the Chinese property sector and the threat of US tariffs.

The Chinese real estate sector has been in steep decline since 2021, when two of the nation’s top developers — Country Garden and Evergrande — declared bankruptcy after incurring hundreds of billions of dollars in debt. Since then, the government has introduced various stimulus measures, but has failed to turn the sector around.

As mentioned, because of the sheer size of the property market in China, it is a significant demand driver for steel products and has an outsized influence on the global iron ore market.

Another noteworthy headwind for iron ore price levels this past year was the threat of US tariffs. In early April, US President Donald Trump announced his “Liberation Day” tariffs, which applied a 10 percent levy across the board, and threatened retaliatory tariffs to close trade deficits with most countries.

The move sparked fears of a global recession and triggered a rout in equities and commodities markets, sending prices plunging. However, most markets rebounded quickly as plans were dialed back after a squeeze in the bond market that sent 10 year treasury yields up by more than half a percentage point.

Further iron ore price pressures came later in the year, when the massive Simandou mine in Guinea shipped its first iron ore, destined for smelters in China, on December 2.

Two consortia of companies own the mine. Blocks three and four have a 45/40/15 ownership split between Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO), Chinalco and the Guinea government, and blocks one and two have a 45/35/20 split between Winning International, China Hongquiao Group (HKEX:1378,OTCPL:CHHQF) and United Mining Supply.

The mine will ramp up production over the next 30 months, and is expected to produce 15 million to 20 million MT in 2026 and 40 million to 50 million MT in 2027.

What trends will move the iron ore market in 2026?

“Construction accounts for about 50 percent of steel consumption in terms of end users. The weakness of the property market has, of course, weighed on steel demand and therefore pig iron production. However, the driver for China’s steel production has been industrialisation and urbanisation during the past two decades,” he said.

Sardain went on to state that despite a shift in focus from fixed assets to manufacturing, services and technology, overall steel demand is set to move lower. Although the decline won’t last forever and the property market will stabilize, the effect of even a mild rebound on steel production will be limited:

“However, steel production and iron ore demand have been supported by strong exports in markets such as Southeast Asia, East Asia, the Middle East, Latin America and Africa, mitigating the impact of a lower domestic steel demand. Whether steel exports can increase from their current level is debatable, and we forecast a lower steel production in China over time.’

On the tariff front, US levies aren’t likely to have much impact. Sardain pointed out that while US steel demand exceeds its production capacity, Chinese imports remain a minimal factor.

Meanwhile, the US is primarily producing steel in lower-carbon electric arc furnaces from ferrous scrap.

Although steel tariffs from Canada and Brazil are set at 25 and 50 percent, respectively, both countries have exemptions for iron ore pellets, and Canadian ferrous scrap is covered under CUSMA provisions.

But with the trade pact set to be renegotiated in 2026, it’s uncertain what it means for steel and, by extension, iron products, in the midterm. The best-case scenario is that Canadian steel will receive an exemption.

Still, the risk remains that current CUSMA blanket exemptions will be removed, allowing the US to apply additional tariffs on Canadian goods crossing the border. Likewise, in Europe, the CBAM came into effect on January 1, 2026.

While the impact may take some time to work through the market, it will still have downstream effects for producers that want to avoid tariffs on imported products. This may be one reason Chinese steel producers are switching from higher-carbon blast furnaces to electric arc furnaces in the smelting process.

“Currently, electric arc furnaces account for about 12 percent of China’s steel production, set to increase to 18 percent by the first part of the next decade,” Sardain said, noting that China is looking to cap its emissions by 2030.

The main challenge for iron ore is waning demand, as the primary input for electric arc furnaces is scrap steel, not raw iron. “Countries which will see their steel production increasing (primarily India, but to some extent Russia, Brazil or Iran) are not iron ore importers because they are self-sufficient. Steel production in the EU is flat to lower with more production coming from electric arc furnaces as part of the decarbonisation process,” Sardain said.

Soft demand growth, however, is expected to meet increasing mine supply, further dragging on prices in 2026.

Sardain suggested that all major iron ore miners will increase their production in 2026, with the largest boost coming from Guinea’s Simandou, which could shake up supply chains.

“The blocks one and two are owned by a Chinese-Singaporean consortium. It will provide China with the opportunity to diversify its supply from the major Australian producers (something that the country tried to do for the past 15 years unsuccessfully) and it will shift the supply-demand momentum in favour of China,” he said.

Additionally, the mine is important because of its 65 percent iron content.

Iron ore price forecast for 2026

Sardain expects iron ore prices to remain muted in 2026.

“We believe that price should drop below the US$100 per MT mark, although it could stay above this level in H1 due to seasonality … so, overall, prices staying between US$100 to US$105 per MT in H1, then declining below US$100 per MT in H2, with the ramp-up of the Simandou mine being a determining factor,” he said.

This is largely in line with estimates from other firms. BMI is predicting a 2026 price of US$95, while RBC Capital Markets sees iron ore averaging US$98; the overall consensus stands at US$94.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

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Another day, another wild spin of the NFL coaching carousel.

Not even 24 hours after his team suffered its latest playoff disappointment, getting trounced at home in the wild-card round by the Houston Texans, Mike Tomlin is stepping down as head coach of the Pittsburgh Steelers after 19 seasons − none of the sub-.500 variety. It ends the longest active marriage between an organization and HC.

Pittsburgh becomes the ninth franchise in need of a new head coach in what’s still an unfolding hiring cycle. The Steelers’ next hire will become just their fourth coach since 1969, Tomlin preceded by Hall of Famers Chuck Noll and Bill Cowher, that trio bringing six Lombardi Trophies to the Steel City.

Tomlin’s departure becomes the headliner of a wild week-and-a-half of coaching turnover. The Giants and Titans made changes during the season. The Falcons fired head man Raheem Morris (and GM Terry Fontenot) on the final day of the regular season. Black Monday claimed two-time NFL Coach of the Year Kevin Stefanski, former Super Bowl-winning coach Pete Carroll and ex-Cardinals coach Jonathan Gannon. John Harbaugh was fired by the Baltimore Ravens and Mike McDaniel by the Miami Dolphins in the days after Black Monday.

It’s always possible another vacancy could open − especially with so many qualified candidates suddenly flooding the market. But adding the Steelers to the list, let’s analyze the nine* jobs that are presently open − ranked from most attractive to least. (*Subject to change.)

1. Baltimore Ravens

Quarterback situation

They don’t come much better than two-time league MVP Lamar Jackson, who’s as dynamic as anyone who’s ever played the position. Naturally, he has detractors − not yet able to win the Super Bowl and more pointed recent questions about his work ethic and relationship with Harbaugh. Jackson also tends to get banged up and misses a lot of practice time. Still, most teams would love to have such problems behind center.

However there’s a major financial issue facing Jackson and the team in the aftermath of what was a massively disappointing season for him personally and the team as a whole. Jackson carries a $74.5 million salary cap number in both 2026 and 2027, the final two years of his five-year, $260 million extension. Those are untenable figures for any team looking to maintain or improve a roster, suggesting some kind of renegotiation or new extension is needed − assuming Jackson remains in Baltimore, which seems a virtual given.

Backup Tyler Huntley is about to hit free agency. Cooper Rush, who was signed to be the primary backup a year ago but struggled when Jackson was out and eventually replaced by Huntley, is signed for the 2026 season but could be a cap casualty.

Roster

Heading into the 2025 season, the Ravens were widely viewed as a team with one of the best talent quotients in the league. Yet it’s fair to say that, while acknowledging its injuries, the team added up to much less than the sum of its parts over the course of an 8-9 campaign. Baltimore wound up with six players earning Pro Bowl honors in a season when Jackson and star RB Derrick Henry didn’t. Kyle Hamilton is arguably the game’s best safety, leading a talent-laden secondary. But there’s clearly work to be done on both lines.

Salary cap

GM Eric DeCosta is set to have about $28 million at his disposal this year, per Over The Cap, putting the team in the upper half of the league in terms of spending power. However Jackson’s contract muddies that outlook. Pro Bowl C Tyler Linderbaum, TE Isaiah Likely, Pro Bowl P Jordan Stout, S Alohi Gilman, LB Kyle Van Noy and Pro Bowl FB Patrick Ricard are among the pending free agents.

2026 NFL draft

Baltimore is scheduled to pick 14th in the first round this year, which would match the earliest spot it has selected in the past decade. Given the roster holes free agency is likely to create, DeCosta is likely to have a busy offseason.

Outlook

As currently constructed, the Ravens remain one of the league’s most formidable teams − yet probably one that needed a new voice and philosophy after Harbaugh held sway for nearly two decades. He maintained them as a near-perennial contender and won Super Bowl 47 but has been dogged in recent years by rampant tactical failures and repeated challenges holding onto fourth-quarter leads. The organization should have its pick from plenty of qualified candidates, but the main priority may be finding someone who will jibe with Jackson while getting the rest of the roster to play all the way up to its estimable potential.

2. New York Giants

Quarterback situation

Jaxson Dart’s rookie season was a mixed bag, his swagger a nice fit in the Big Apple even if his typically reckless on-field approach too often undermined his health and availability. After the Giants traded back into last year’s first round to obtain Dart, it will be incumbent on the next coach and his staff to rein in the young slinger enough to reasonably protect himself while also giving him sufficient leeway to leverage his multi-dimensional play-making ability and get this offense truly humming. Russell Wilson’s one-year stay is up, but Jameis Winston remains in 2026 as one of the league’s top backups.

Roster

The team’s enviable young core is damaged but not irreparably so. Incandescent WR Malik Nabers (ACL) and rookie RB Cam Skattebo (ankle) didn’t survive the 2025 season. OLB Abdul Carter, the third overall pick of last year’s draft, could wind up being the best player on the team – but he’s got plenty to work on in terms of his professionalism, on and off the field. Veteran OLB Brian Burns, DL Dexter Lawrence II and LT Andrew Thomas are all Pro Bowl-caliber players. The defense needs extensive work behind its front, and Thomas is the only player whose name should be written in pen on the O-line … when he’s healthy enough to play.

Salary cap

GM Joe Schoen, who’s running the coaching search and will retain his post despite coach Brian Daboll’s firing in November, is currently set to have about $11 million in cap space. It’s a figure that has the Giants middle of the pack league-wide, but the clubs above them have significantly more spending power – especially if they decide to target WR Wan’Dale Robinson, who’s coming off his first 1,000-yard season, or frontline Cor’Dale Flott, who are both headed for free agency.

2026 NFL draft

In contention for the No. 1 overall pick barely a week ago, the Giants will now select fifth in this year’s first round. They still owe the Houston Texans their third-rounder to consummate last year’s draft night deal to get Dart.

Outlook

Despite largely residing in the wilderness since they won Super Bowl 46 to cap the 2011 season, the Giants remain one of the league’s flagship franchises and a plum job – even if the organizational stability they boasted for years seems to have largely evaporated. Schoen has made questionable decisions during the draft and free agency but has also amassed an ample amount of talented players to win – and maybe fairly quickly if the right coach is able to translate potential into production.

3. Cleveland Browns

Quarterback situation

Insert shrug emoji? As much national interest as they generated in 2025, Dillon Gabriel and Shedeur Sanders − mostly Sanders − were a mixed bag as rookies. They have fairly distinct skill sets, yet both flashed their positive traits while also raising enough questions to suggest neither is likely to be instantly anointed QB1 in 2026 by Stefanski’s successor. Deshaun Watson is under contract for one more season – for a fully guaranteed $46 million – and returned to practice late in the season after undergoing multiple Achilles surgeries after originally being injured during the 2024 season. He could obviously rejoin the mix, yet also (still) seems like a problematic figure – in a football context and otherwise – as the next staff tries to get this club back to the playoffs. Going fishing for another option in the 2026 draft is certainly on the table.

Roster

It’s fair to call DE Myles Garrett legendary at this point, and he might legitimately be the best player in the NFL. He’s also one whose prime is being wasted and only a year removed from requesting a trade after expressing a belief he’d never win a Super Bowl in Cleveland – which tracks given no player ever has. Yet there’s a lot to like around Garrett, particularly a highly promising 2025 draft class that includes DT Mason Graham, LB Carson Schwesinger, TE Harold Fannin Jr., WR Isaiah Bond, RBs Quinshon Judkins and Dylan Sampson … and maybe one or both quarterbacks. WR Jerry Jeudy and CB Denzel Ward are generally among the league’s better players at their respective positions, though 2025 wasn’t a banner year for either. With Gs Wyatt Teller and Joel Bitonio out of contract, it’s high time to reconstruct the offensive line – particularly if GM Andrew Berry and the next coach target another young QB.

Salary cap

Currently, Berry will need to trim more than $12 million to simply be cap-compliant once free agency starts, and he and the team won’t get relief from ownership’s Watson gaffe for another year – whether or not he’s on the roster in 2026. TE David Njoku is the most high-profile pending free agent, but Fannin and the cap crunch likely make him expendable.

2026 NFL draft

The Browns own the sixth overall pick this year plus the first-rounder of the Jacksonville Jaguars, wherever that lands. Berry could put together a package to target a specific quarterback, but such a gambit could be quite expensive given what appears like a dearth of high-end prospects at the position this year. And continuing to load up on needed talent elsewhere wouldn’t be a bad fallback as Cleveland resets − while also potentially giving Sanders, Gabriel or someone else the opportunity to run with the reins a little longer.

Outlook

Dismissing Stefanski was a bold (and perhaps misguided) choice given what he’d accomplished despite the drawbacks of this job – especially after he and Berry got saddled with Watson and had to prematurely offload Baker Mayfield. Moving forward, quarterback remains the obvious issue holding back a team that will likely continue to look up at the rest of the AFC North until it’s solved. But, if it gets rectified by Berry and the next coach in short order, this team could emerge as a powerhouse in almost no time.

4. Pittsburgh Steelers

Quarterback situation

Monday night’s resounding loss to Houston is now even likelier to be Aaron Rodgers’ final game in the NFL given how closely he linked his decision to come to Pittsburgh with his affinity for Tomlin. Regardless, with his one-year deal about to expire, Rodgers also had as much agency in his future with the Steelers as the team did. At present, Mason Rudolph − he’s spent all but one of his eight NFL seasons primarily as a backup in Pittsburgh − and Will Howard, a sixth-round draft pick last year, are the only passers under contract for 2026.

Roster

Built to win now – which was always the expectation under Tomlin – there’s a talented group here … but a decidedly aging one. Perennial All-Pros like Cam Heyward and T.J. Watt, who are both north of 30, headline the league’s most expensive defense − which also includes DB Jalen Ramsey and LBs Alex Highsmith and Patrick Queen. Offensively, Rodgers offered heavy praise and admiration for the team’s generally young and talented offensive line. But WR DK Metcalf is the only bona fide downfield weapon, and the backfield committee of Kenneth Gainwell and Jaylen Warren won’t strike fear into most defenses.

The bigger question here is how the organization wants to proceed – specifically whether GM Omar Khan and the next coach want to do a hard reset and divest a lot of the veteran talent and the cost associated with it.

Salary cap

With nearly $40 million in the coffers – maybe more if there’s a veteran purge – Khan’s free agency budget currently ranks among the league’s top 10. Still, the Steelers have historically put a premium on drafting, developing and rewarding their own players. This doesn’t seem like the time for them to go on an extensive spending spree. Rodgers, Gainwell, LG Isaac Seumalo and WR Calvin Austin are among Pittsburgh’s notable free agents.

2026 NFL draft

Reminder: It’s going to occur in Pittsburgh. No pressure, Omar. Khan owns the 21st pick of the first round and has an extra selection in Round 3, courtesy of last year’s trade of WR George Pickens to the Dallas Cowboys. Still, for a franchise so badly in need of a young quarterback to help redefine it, this probably isn’t the year you’re going to find that guy in the draft.

Outlook

If this was a blind résumé, there wouldn’t be a second thought about slotting the Steelers behind their feckless rivals in Cleveland. The Browns, for example, have a lot more long-term assets on their roster − and the ability to further fortify it – than does Pittsburgh. But would you rather work for a franchise that’s almost never sniffed the Super Bowl or for the Rooney family, whose six Lombardi Trophies are tied for the most in league history? It’s likely Pittsburgh is headed for the losing season in 2026 that it never experienced under Tomlin. But there’s an opportunity here to be great – and a demand for excellence that hasn’t been fulfilled in recent years, Tomlin losing his last seven playoff games in decisive outcomes. That alone is illustrative that this job historically comes with an unrivaled level of NFL job security. Aspiring candidates should be beating a path to the confluence of the Three Rivers in a bid to lead one of pro sports’ truly great teams.

5. Tennessee Titans

Quarterback situation

Cam Ward, the No. 1 pick of the 2025 draft, was basically treated to a learning experience as a rookie. He was hamstrung by the lack of talent around him, to say nothing of the consequential chaos that firing coach Brian Callahan at midseason created. Ward made his fair share of mistakes, too, taking way too many sacks – which certainly isn’t to suggest all of the league-high 55 he absorbed were his fault – while also regularly reverting to his college habit of trying to extend plays that probably wouldn’t have good outcomes under most circumstances. But given the challenges he faced, it’s hard to give Ward a fair evaluation for 2025 – and, to his credit, he remained accountable and didn’t back away from the leadership chops that helped make him such a coveted prospect to begin with.

Will Levis, the 33rd overall pick of the 2023 draft, presents an interesting dilemma. This team obviously belongs to Ward, which would theoretically make Levis, who’s under contract for 2026, somewhat intriguing trade bait entering an offseason when quarterback-needy teams may not have a lot of alternatives. But he’s also coming off surgery to his throwing shoulder, which kept him on injured reserve for all of 2025. It might be worth trying to showcase Levis in the preseason in hopes of getting something in return for him.

Roster

Ward needs to be a foundational piece and should get at least another two years to prove as much. Otherwise, there’s not much to hang your hat on here aside from Pro Bowl DT Jeffery Simmons, whom the team refused to trade at last year’s deadline, and maybe OL Peter Skoronski. Much of the damage here was done via misguided forays into free agency by the front office that preceded first-year GM Mike Borgonzi.

Salary cap

Borgonzi is projected to have upwards of $105 million to spend in free agency this year, more fiscal resourcing than any other team has. However he’d probably be wise to be far more measured than his predecessors given this team seems at least a year away from being a year away. Borgonzi’s time in Kansas City would suggest he’ll spend intentionally in the short term while establishing a new culture as he focuses on drafting the players who will need to get the Titans off the mat.

2026 NFL draft

Tennessee’s 3-14 record once again tied for the league’s worst. But this year, the tiebreakers didn’t pan out in Borgonzi’s favor, the Titans slotted with the No. 4 pick. They’ll certainly get an excellent prospect, just no opportunity to leverage the value of a first or second overall selection.

Outlook

Borgonzi should have plenty of discretion to chart a path as he now gets to pick his own guy to run the team. But it will be interesting to see how things play out given the disconnect in the recent past between former coach Mike Vrabel, the front office and ownership. And there probably will be some pressure to try and microwave a winner here as the franchise plans to move into its new stadium in 2027 − preferably with a bang.

6. Las Vegas Raiders

Quarterback situation

It’s bad. Right now. The decision to trade for and extend Geno Smith last year smacked of an organization unwilling to embrace an obviously needed rebuild. Aidan O’Connell and Kenny Pickett seem like quality backups at best – and there’s probably not much reason for Pickett to re-sign here. All that aside, a team that holds the No. 1 pick of the 2026 draft seems almost certain to invest anew at the position, whether it’s for Heisman Trophy winner Fernando Mendoza or someone else.

Roster

It’s bad. Right now. Pro Bowl DE Maxx Crosby has long been a loyal warrior, but even he was disillusioned by the end of the 2025 campaign given how his injury situation was handled. Kolton Miller is a solid left tackle. He’s also 30 and missed 13 games this season. Recent first-rounders Brock Bowers and Ashton Jeanty should be cornerstones – but good luck finding a winner that was built around a tight end and running back, respectively … and the decision to select Jeanty sixth overall last year deserves even more scrutiny now than it did at the time.

Salary cap

It’s great. Right now. The Raiders also have upwards of $100 million in their free agency coffers. But whether it’s minority owner Tom Brady or GM John Spytek who earmarks those funds, they’d be wise to not throw more good money after bad at a talent deficit that obviously requires longer-term thinking and an infusion of young players from the draft.

2026 NFL draft

Vegas won’t pick atop every round but pretty close to it. The Raiders also picked up a fourth-rounder for dealing WR Jakobi Meyers, who was unabashedly eager to leave Sin City, at the trade deadline. The big question is whether they actually pull the trigger for a quarterback off the top … or try to flip the pick and address their numerous needs elsewhere before replacing Smith in earnest further down the road.

Outlook

This operation is nicely set up to rise from the ashes … provided it recognizes it’s covered in ashes and shouldn’t be pursuing coaches in their seventies. But it’s also worth monitoring how things proceed. It’s widely assumed Brady is calling a lot of the shots behind the scenes even as Spytek and Carroll were the ones front and center answering questions about the franchise’s direction and philosophy − and still hard to say what those are exactly after a categorically disastrous and wasted year.

7. Atlanta Falcons

Quarterback situation

Uh, yeah. What seemed like a powder keg two years ago when Fontenot signed Kirk Cousins to a massive free agent contract before taking oft-injured Michael Penix Jr. eighth overall in the 2024 draft – without revealing that strategy to Cousins from the jump – has indeed blown up in this franchise’s face. Penix hardly set the league on fire in his second season and is now dealing with his latest ACL injury, one that seems likely to keep him off the field at the start of next season. Meanwhile, Cousins now knows he’s a placeholder but may very well be needed in that role given the unknowns with Penix. However Cousins does only have $10 million guaranteed remaining on the final two years of his contract, which should theoretically make him far easier to trade or release if the next regime so chooses.

Roster

There are certainly some studs in house. RB Bijan Robinson, WR Drake London and G Chris Lindstrom all rank among the best players at their respective positions – Robinson seemingly on the cusp of being one of the league’s faces. Rookie pass rushers Jalon Walker and James Pearce Jr. and S Xavier Watts gave the defense a much-needed boost and should form its nucleus for years to come. The cupboard’s hardly bare beyond that, though much will depend on how the existing depth chart aligns with the preferences of the next decision makers.

Salary cap

Fontenot’s replacement will have to trim about $4 million off the books before free agency begins in March, a pretty easy lift. The issue is that Atlanta has little bandwidth to retain pending free agents like TE Kyle Pitts, OLB Arnold Ebiketie or RB Tyler Allgeier – a valuable sidekick who spares Robinson a lot of the harder miles. London is already somewhat overdue for a contract extension, and Robinson is newly eligible for one – and his price tag could get astronomical, relative to his position, the longer the team waits to reward him. Unloading Cousins in some fashion would cause a lot of money to flow back into the budget – but such a decision obviously comes with its own ramifications.

2026 NFL draft

A year after the shocking selection of Penix, Fontenot dealt back into the bottom of the 2025 draft’s first round for Pearce – and he unequivocally has the makings of a good player, leading the Falcons with 10½ sacks. But the opportunity cost of what seemed like something of a desperate reach at the time is the loss of this year’s Round 1 choice – No. 13 overall – which now belongs to the Los Angeles Rams. Fontenot also spent this year’s fifth-rounder in a separate trade in 2025 – but that’s aging well so far given it put Atlanta in position to choose Watts.

Outlook

The quarterbacking morass is a major issue – and that probably would have been the case even if Penix was fully healthy. There are some enticing components of this roster, though another of Fontenot’s unorthodox strategies – which hasn’t borne the desired results – was pouring so much first-round capital into offensive skill players. The good news is that winning the NFC South should remain a bar that’s not all that difficult to clear – and Atlanta was only one win shy of doing it this season. But whether or not the Falcons are sensibly constructed for the long haul is another question entirely, as desperate as 83-year-old owner Arthur Blank is to win the franchise’s first Super Bowl.

8. Arizona Cardinals

Quarterback situation

Unclear as it was whether deposed Gannon would move forward with Kyler Murray, it’s equally unclear if another coaching staff would embrace a player who tends to freelance and hasn’t done much to craft a rep as the locker room CEO most successful NFL quarterbacks are. Murray is guaranteed $36.8 million in 2026, and cutting him would incur a cap hit of nearly $55 million – though that’s hardly prohibitive in this era of the ballooning salary scale. A decision on his future could be further accelerated given nearly $20 million more will be guaranteed to Murray in 2027 if he remains on the roster on March 15. The two-time Pro Bowler and top pick of the 2019 draft is also only 28 and might yet fetch something on the trade market – especially if the Cards are willing to eat some money to facilitate a transaction.

But moving on from him – if that winds up being the eventual course of action – isn’t as daunting a prospect on the field given career backup and occasional bridge QB Jacoby Brissett remains under contract after operating the offense at a much higher efficiency level than Murray did in 2025.

Roster

The makings of a really good passing game are in place (though a more balanced offense would likely benefit the greater good). Trey McBride has emerged as the league’s best receiving tight end, WR Michael Wilson was a revelation late in the season, and Paris Johnson is a top-shelf left tackle. WR Marvin Harrison Jr. continues to be something of a disappointment – especially relative to draft mates like Nabers, Brian Thomas Jr. and even Ladd McConkey. First-round DL Walter Nolen III only appeared in six games before suffering a season-ending knee injury. Elsewhere, OLBs Josh Sweat and Zaven Collins had solid seasons. Otherwise, there’s a lot of work to be done here on both sides of the ball.

Salary cap

Similar to the Giants, GM Monti Ossenfort has some spending power with a projected $21 million budget. While that’s much more than some teams have, it’s a lot less than those that are shaping up as the significant free agent power brokers in 2026. Murray’s situation also seems bound to have further impact here.

2026 NFL draft

Ossenfort has a full complement of picks, including No. 3 overall – though that would likely force him to reach for a quarterback this year if that’s the way the franchise wants to go. Like the three other 3-14 teams from the 2025 season, the Cards will rotate near the top of every round.

Outlook

It appeared like they were building toward a positive crescendo under Gannon. But Murray’s health – and whatever else is going on there – a torrent of other injuries and simple bad luck (in the form of eight losses by one score) caused the bottom to fall out over the past few months. Arizona’s issues are further amplified by its membership in the NFC West, which currently serves as the home of three of the league’s very best teams. The road back to relevance here seems to remain long and winding.

9. Miami Dolphins

Quarterback situation

McDaniel’s departure, which comes two months after former GM Chris Grier and the team divorced, does seemingly pave the way for what seems like the inevitable exit of QB Tua Tagovailoa as well. The 2020 first-rounder not only had his worst season on the field since his rookie year, benched after Week 15, he also made a habit of airing the locker room’s dirty laundry. Tagovailoa signed a four-year, $212.4 million contract extension ($167.2 million of it guaranteed) before the 2024 season. Compensated at $53.1 million annually on average, he currently ranks sixth on the league’s QB compensation scale … but was nowhere near No. 6 from a performance perspective.

Cutting him this year triggers close to $100 million in dead cap money whether it’s eaten entirely in 2026 – the requisite $99.2 million hit would establish a new record among cap financial mistakes – or spread over two years. There is a $15 million option due in March that the Fins could trigger to mildly assuage the financial fallout for Tagovailoa, whose contract has $54 million guaranteed in 2026. His pact, combined with a troublesome concussion history, make him virtually untradeable. But with a complete leadership turnover at the top of the organization, swallowing the bitter financial pill that would come with cutting Tua, who’s expressed a desire for a fresh start, now seems far more palatable. And logical.

Coming off their rookie seasons, Quinn Ewers and Cam Miller are the only other quarterbacks on the roster currently under contract for 2026. Ewers did a solid enough job in his three-game audition following Tagovailoa’s benching.

Roster

There’s some talent in place, but it’s worth wondering how much of it might be going out the door in the coming weeks and months. WR Jaylen Waddle and, especially, RB De’Von Achane are dangerous playmakers − though it’s worth wondering if they might have more value as trade commodities given the new direction the Dolphins have signaled. Selloffs are probably less feasible for DT Zach Sieler, S Minkah Fitzpatrick and OLB Bradley Chubb, who will all be at least 30 this year and come with hefty contracts. WR Tyreek Hill, who dislocated his knee in September, is owed $36 million (none of it guaranteed) in the final year of his contract − circumstances almost certain to lead to his release. OLB Chop Robinson and C Aaron Brewer could be players to build around.

Salary cap

Miami is currently more than $23 million over budget on its 2026 cap. Dumping Hill would balance the books, however parting with Tagovailoa would add $11 million to the deficit − if he’s designated as a post-June 1 cut. Otherwise, his release would accelerate another $42.8 million alone onto this year’s expenditures. Not pretty. But at least this won’t be a team that should be looking to make a free agency splash in 2026 anyway.

2026 NFL draft

A 7-10 season confers the 11th overall pick this year − certainly a range that should bring a very good player if not one likely to step in immediately at quarterback, assuming Tagovailoa isn’t long for Miami. Grier acquired an additional third-rounder from Houston during last year’s draft, and interim GM Champ Kelly picked up another one for dealing OLB Jaelan Phillips at the trade deadline. Helpful assets, if not to Grier or Kelly.

Outlook

Miami hasn’t won a playoff game in more than 25 years, the longest dry spell in the league. Tagovailoa briefly seemed like the guy to stop the revolving door behind center that’s spun almost perpetually since Dan Marino retired after the 1999 season. Those will remain clear and present challenges for the next administration, which likely faces a very daunting 2026 − when the successful establishment of an improved culture is probably the most important win this team can hope for. But after that? It’s certainly not difficult to recruit NFL players to Miami, it’s just going to remain a matter of getting the right ones. And if it’s a clean slate the next decision makers want, this might be an optimal opportunity − even if it means not much headway will likely be made until 2027 … at the earliest.

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The Philadelphia Phillies suddenly are cautiously optimistic about their hopes of signing free agent infielder Bo Bichette.

The New York Yankees are growing pessimistic about re-signing free agent outfielder Cody Bellinger.

And the New York Mets are hoping that their stunning short-term, up-front offer can be the ultimate influencer for free agent outfielder Kyle Tucker.

It has taken 10 weeks for the market to develop for the marquee free-agent class, and now with Alex Bregman’s five-year, $175 million contract expected to become official Wednesday with a Thursday morning press conference scheduled in Chicago, the attention turns to the Big 3: Tucker, Bellinger and Bichette.

Tucker, 28, who is also being courted by the Toronto Blue Jays and Los Angeles Dodgers, has been offered a three- or four-year contract by the Mets that will pay him an average of $50 million a season. It would be the third-highest AAV in baseball history behind Shohei Ohtani’s 10-year, $700 million contract with the Dodgers ($70 million AAV) and Juan Soto’s 15-year, $765 million contract with the Mets ($51 million AAV). The Blue Jays have discussed a long-term contract with Tucker that pays him less money per season, while the Dodgers also are lurking with a huge short-term deal.

Bellinger, 30, and the Yankees have been negotiating all winter, with the Yankees calling him a priority, but their talks have hit a stalemate. The Yankees have offered a five-year deal worth $155 million to $160 million, according to two people with direct knowledge of the negotiations, with no deferrals and potential opt-outs. Bellinger, however, is seeking a seven-year contract.

The Yankees’ argument is that no position player this winter has received longer than a five-year contract, and their offer to Bellinger would make him the fourth-highest paid outfielder in baseball. Bellinger argues that since he’s younger than Kyle Schwarber (33 in March), Bregman (32 in March) and Pete Alonso (31), who received five-year deals this winter, he should receive a longer deal.

While the Yankees and Bellinger are at a stalemate, with the Yankees starting to question how badly he wants to return to New York, Bellinger could be the ideal back-up plan for the teams that don’t land Tucker. The Blue Jays, Mets and Dodgers have all expressed varying degrees of interest in Bellinger.

Bichette, 27, and the Phillies, meanwhile, had their first meeting Monday in a zoom call with both sides expressing strong interest in the other. The two sides came away from the meeting believing that there was genuine interest in one another.

The Red Sox, who believed their five-year, $165 million offer would lure Bregman back to Boston, now are expected to aggressively pursue Bichette. The Blue Jays remain in the hunt, and the Dodgers continue to hang around.

We’ll see how it plays out, but after 10 weeks of a deep free-agent freeze, suddenly, we’re starting to see a little thawing in the marketplace.

Who gets burned before breaking out that sunscreen in spring training?

Follow Nightengale on X: @Bnightengale

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Some NHL draft-eligible players have established themselves as top-flight prospects. 

Others have some work to do if they want to be drafted as highly as they expect. 

The second half of the season will be incredibly important for the latter group of players. 

Some youngsters hoping to hear their names called early in June’s NHL draft in Buffalo exceeded expectations to start the year. Those players must prove the impact they’ve made wasn’t a fluke and that they belong among the top players. On the flip side, some players lacked production, which raised a red flag, so a big second half will go a long way.

10 NHL draft prospects needing a red-hot second half

Vancouver (WHL) left wing Mathis Preston

Preston’s skill and speed have been evident all year long, but his production has fallen off a bit this year. Scouts seem to be concerned with that, understandably. That said, Preston placing 27th on NHL Central Scouting’s mid-term North American ranking seems harsh. Recently traded to the Vancouver Giants, Preston can reset and get back to his high-octane offensive production. If he can, maybe he can climb back into the top-10 discussion across the board.

Boston University (NCAA) center Tynan Lawrence

After an injury-filled start to the season in the USHL, Lawrence returned to action and instantly showed he is one of the league’s most dangerous scorers and a two-way presence. But this month, Lawrence moved to the NCAA mid-season, as Boston University had a spot open on the roster. Now Lawrence must prove again he can be a dangerous scorer and reliable center against bigger, stronger and faster competition. 

Jukurit (Finland) defenseman Alberts Smits

Smits is arguably the highest-rising player from the start of the season. He’s been a beast defensively while showcasing his puck skill, skating and willingness to get involved offensively. His raw physical tools are as good or better than any other defender in this class. After a wicked world juniors, Smits is set to play for Latvia’s Olympic squad. If he has a solid tournament, he could be the top blueliner in the draft. 

Miami (Ohio) University (NCAA) center Ilia Morozov

The youngest player in college hockey has been a surprise this season. He’s become a top-line center who plays on the top power play and penalty kill. There are plenty of doubters about his game, though, as he’s done most of his scoring against lower-end schools and struggled against the top teams in the nation. Morozov must show teams he’s not just a projectable bottom-six player and his offensive game has a bit more juice.

Boston College (NCAA) left wing Oscar Hemming

Oscar Hemming’s season just started. Off-ice drama around his release from the Liiga team that held his rights prevented him from joining the OHL’s Kitchener Rangers and the BCHL’s Sherwood Park Crusaders. Hemming finally landed in the NCAA at Boston College. The sniper has found the back of the net at every level he’s played at. NHL scouts will be happy just to see him on the ice. 

Michigan (NCAA) left wing Adam Valentini

NHL Central Scouting has ranked Valentini woefully low all year. Public analysts have him all over their boards. The uber-intelligent, highly skilled winger has averaged nearly a point per game in college as a 17-year-old. His defensive game is better than most give him credit for as well. At 5-foot-9, according to Central Scouting, most teams are concerned with his size, but the off-ice decision to go to college instead of the OHL may have irked scouts.

Geneva (Swiss) right wing Simas Ignatavicius

A Lithuanian playing in Switzerland, Ignatavicius, has become a more notable name as of late. Central Scouting has him as a top-10 player from Europe. Only three players from Lithuania have ever been drafted: Darius Kasparaitis (1992), Dainius Zubrus (1996) and Andrey Pedan (2011), who has played for Russia internationally. A big second half could help ensure Ignatavicius ends up a first-round pick like Kasparaitis and Zubrus.

Kamloops (WHL) left wing J.P. Hurlbert

Hurlbert’s offensive prowess has been there all season long. He led the WHL in scoring for most of the season, just recently being passed in total points but still holding a slim lead in points per game. Hurlbert is a highly skilled offensive tactician who can pick apart teams, especially on the power play. He needs to show that his game is rounding out and he’s not just a power-play specialist. 

Vancouver (WHL) defenseman Ryan Lin

With a recent injury set to keep him out of the lineup for a month or more, Lin’s second half will be a bit abbreviated, making it all the more important. Lin is averaging well over a point per game, but as a 5-foot-11 defenseman, teams are concerned about his ability to defend bigger, stronger players. When he returns, he’ll have his work cut out for him if he wants to remain a top-15 prospect. 

Prince George (WHL) defenseman Carson Carels

After surprisingly making Canada’s world junior squad, Carels’ stock has skyrocketed. The question now is whether he can maintain this momentum and hold down a spot around the top 10. He’s produced quite nicely at the WHL level, but there are some concerns about his play in his own end at times, and he can make some questionable decisions. How the second half goes could determine if he’s a top-10 pick or fringe first-rounder.

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Phoenix Suns guard Dillon Brooks picked up his league-leading 14th technical foul of the season on Tuesday, Jan. 13, and two more will lead to an automatic one-game suspension.

That seems inevitable, but making history will take work.

Brooks leads Draymond Green and Luka Doncic, each who have nine technical fouls apiece this season. Yet Brooks must accelerate his pace to set the single-season technical fouls record.

That mark belongs to Rasheed Wallace, the retired center who amassed 41 technical fouls during the 2000-01 season when he was playing for the Portland Trail Blazers. Consider this: That means on average Wallace got whistled for a tech every other game during the 82-game regular season.

Brooks’ latest tech came during the Suns’ 127-121 loss to the Miami Heat. That gives him 14 technicals through 40 games for an average of about one technical foul every three games. To catch Wallace, he’ll need 27 techs over the final 42 games of the regular season, an average of .64 technical fouls per game.

Even if the record eludes him, Brooks has established himself as a player adept at drawing technical fouls. He had a career high of 18 technical fouls during the 2022-23 season when he was playing for the Memphis Grizzlies, and he has at least 11 technical fouls over each of the past six seasons.

Not that all of them are deserved. That is, according to Brooks.

‘They give me a (technical) for who I am,” Brooks said after picking up his 13th technical foul against the Washington Wizards on Jan. 11, according to Sports Illustrated. ‘That’s weird and that’s unappreciative.”

Brooks will be facing a disadvantage Wallace didn’t during his record-breaking season.

Before the 2005-2006 season, the NBA implemented the rule that a 16th technical foul triggered an automatic one-game suspension. But during the 2000-01 season, Wallace drew whistle after whistle without worrying about an automatic suspension.

Though Brooks has earned attention for his penchant for technical fouls, he’s helped lead the Suns (24-16) as the team’s second-leading scorer with 21.1 points per game and stellar defense.

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The San Antonio Spurs, simply, couldn’t make up for their wretched third quarter.

After being outscored in the period by 16, San Antonio tried to battle back — eventually closing the gap to 12 points midway through the fourth quarter — but fell to the Thunder, 119-98, Tuesday, Jan. 13. And with that, Oklahoma City claimed its first win in four tries this season against the Spurs.

Reigning MVP Shai Gilgeous-Alexander carried the Thunder, scoring 34 points on 11-of-23 shooting, adding 5 rebounds and 5 assists. For Gilgeous-Alexander, it was his 28th game this season of 30 or more points. It also marked his 111th consecutive game with at least 20, leaving him just 15 games shy of tying Wilt Chamberlain’s all-time record of 126.

But it was defense that led the way for Oklahoma City, especially in the second half. The Thunder blocked a season-high 11 shots against the Spurs and forced San Antonio into 12 turnovers.

One other area where the Thunder reasserted their dominance was the paint; after struggling down low in recent weeks, Oklahoma City outscored the Spurs in the paint by a margin of 56-40.

Victor Wembanyama scored just 17 points on 7-of-15 shooting and Stephon Castle led the Spurs with 20 points.

Thunder forward Jalen Williams chipped in 20 points and Alex Caruso added 13 off the bench.

Scroll down below for highlights and a recap of the action.

Spurs vs. Thunder highlights

End Q3: Thunder 95, Spurs 76

The third quarter was one of runs.

First came Oklahoma City, which launched an 11-0 run early in the period. Then it was San Antonio, which responded with a 7-0 spurt, one that came — for the most part — with Victor Wembanyama, who had crashed knees with Shai Gilgeous-Alexander, on the bench.

The Thunder then answered with another massive run, this one 14-1, one that helped them take a commanding lead headed into the fourth. In fact, the Thunder outscored San Antonio 40-24 in the third.

Oklahoma City rode its defense to ignite in transition and leave the Spurs scrambling to get back.

Gilgeous-Alexander dropped 15 points in a massive third quarter to give him a game-high 30 points.

The Thunder bench was also key in the quarter and now has 28 points, compared to just 19 from the San Antonio reserves.

WATCH: Wemby erases a Chet Holmgren shot

End Q2: Thunder 55, Spurs 52

If the first half was any indication of what’s to come, hoops fans should be thrilled.

Both teams have battled through 12 ties and seven lead changes in what was a competitive — if uneven — game, at least on offense.

Oklahoma City, which has lost the first three matchups thus far against the Spurs, had indicated that it was not pleased with its defensive performance in the first games of the series. This time, to slow the Spurs down, Oklahoma City has leaned on a spot 2-3 zone that has flustered San Antonio.

Interestingly, both teams struggled from the 3-point range, combining to shoot just 9-of-34 (26.5%) from beyond the arc, though there was one player who was lighting it up from deep. Spurs forward Julian Champagnie laced 3 of his 7 tries from 3 to chip in 9 points.

Victor Wembanyama and Stephon Castle are pacing the Spurs with 10 points apiece, while Shai Gilgeous-Alexander leads all scorers with 15.

End Q1: Thunder 32, Spurs 26

It wasn’t high scoring, but it was filled with plenty of action.

The fourth meeting between these two teams started with a back-and-forth first period that was emblematic of why this budding rivalry has been so fascinating. Both teams flashed offensive sizzle (with a pair of early Victor Wembanyama dunks) and clamp-down defense.

Reigning MVP Shai Gilgeous-Alexander posted a solid quarter, scoring 13 points on 5-of-8 shooting to lead all players. His foil at point guard, De’Aaron Fox, struggled from the floor and was held scoreless on 2 attempts.

San Antonio’s 6 offensive rebounds helped the Spurs take an early edge in second-chance points (8-5) and its bench also outscored OKC’s (15-7). But the Thunder closed the period on a 12-2 run to take an early lead.

Rookie guard Dylan Harper came off the bench but led all Spurs players with 7 points.

And we’re off

The Spurs picked up in this rivalry right where they left off, starting the game with two straight dunks — one by Stephon Castle and the other by Victor Wembanyama — the latter coming over rival Chet Holmgren.

As Wembanyama trotted down the court, he made sure to scrunch his face in disapproval.

Minutes later, Castle and Wembanyama collaborated on a give-and-go that Wemby finished with an alley-oop — again over Holmgren.

The Thunder, however, would answer with a steady dose of buckets but trailed 13-11 into the first media timeout.

Starting lineups

San Antonio Spurs

  • De’Aaron Fox
  • Stephon Castle
  • Julian Champagnie
  • Harrison Barnes
  • Victor Wembanyama

Oklahoma City Thunder

  • Shai Gilgeous-Alexander
  • Cason Wallace
  • Aaron Wiggins
  • Jalen Williams
  • Chet Holmgren

How to watch Spurs vs. Thunder

  • Date: Tuesday, Jan. 13
  • Time: 8 p.m. ET (7 p.m. CT)
  • Where: Paycom Center in Oklahoma City
  • TV: NBC
  • Stream: NBC Sports App, Peacock

Spurs vs. Thunder odds, lines

All odds via BetMGM as of afternoon of Tuesday, Jan. 13

  • Spread: Thunder (-8.5)
  • Moneyline: Thunder (-325); Spurs (+260)
  • Over/Under: 230.5

Spurs, Thunder injuries tonight

  • San Antonio Spurs guard Devin Vassell remains out as he continues to recover from a left adductor strain.
  • Oklahoma City Thunder guard Luguentz Dort will miss the game with left foot soreness, and center Isaiah Hartenstein is out with a right calf strain.
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