Bengals Suddenly Face A Bigger Deadline Problem Than One Failed Trade

The Bengals backed out of a trade for Arnold Ebiketie to protect a crucial compensatory draft pick, raising eyebrows and leaving fans disappointed.

The Bengals’ reported move for Eagles pass rusher Arnold Ebiketie never made it across the finish line, and the reason had nothing to do with his health or his play.

NFL Network’s Ian Rapoport first reported that Cincinnati was sending a 2027 sixth-round pick to Philadelphia for Ebiketie. About an hour later, though, NFL insider Jordan Schultz said the deal had fallen apart.

“Plot twist! The Bengals and Eagles deal for DE Arnold Ebiketie has fallen through and will not happen, per sources. The trade falling through is not physical or performance-related, per sources,” Schultz posted on X.

Rapoport then confirmed the Bengals were backing out to protect a compensatory pick.

“The Bengals have now called off this trade intending to keep a future comp pick they would've lost with this deal. Agreement was reached, but not official,” Rapoport posted.

The sticking point was Cincinnati’s 2027 third-round compensatory pick, which the team would have lost if the Ebiketie trade went through. That pick became especially valuable after Trey Hendrickson signed a new deal in Baltimore and triggered it for his former team.

NFL rules spell out how that works. Ebiketie was signed by the Eagles this offseason as a compensatory free agent, and the league’s language says a player acquired in a trade can count in the compensatory netting process.

“If a Club qualifies for more than four Compensatory Draft Selections, only the four highest selections will be awarded to the Club. If a Club trades for a player who was a CFA during that League Year, whether the player was another Club's CFA or the acquiring Club's own CFA, the player will be considered a CFA gained by the acquiring Club and will be included in the Compensatory netting process described above,” the rules state.

For Bengals fans, it was a quick swing from thinking the defense had gotten a boost to watching the front office pull the plug. It also suggested Cincinnati may not have realized the compensatory-pick language was in play until Over The Cap’s Nick Korte pointed it out after the deal was reported.

“Arnold Ebiketie was signed as a compensatory free agent by the Eagles. The Bengals lost 3 CFAs and signed 2 (Cordell Volson not qualifying); thus, while they gain a 2027 sixth-round comp pick, they lose a 2027 third-round comp pick that was via Trey Hendrickson going to Baltimore,” Korte posted on X before adding, “Obvious correction here: the Bengals gave up a regular sixth-round pick, they did not gain one. The main point is of course about the third round compensatory pick that this trade would cancel out.”

Cincinnati now has less than four hours to make another move before the 4 p.m. ET deadline.

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