The Dallas Cowboys have made a splash by signing running back Javonte Williams to a three-year, $24 million contract, with $16 million guaranteed. This marks the first major running back deal of the offseason and sets the stage for an intriguing market dynamic.
Williams, a standout from UNC, has shown he can handle the load as a primary back despite early career injuries with the Denver Broncos. In 2025, he racked up 1,201 yards on 252 carries, scoring 11 touchdowns, solidifying his role in Dallas' offense.
This move certainly caught the attention of the New York Jets, who are closely watching the running back market with their own free agent, Breece Hall, in mind.
So, what implications does Williams' contract have for the Jets and Hall's future?
Williams' deal could be a positive indicator for the Jets
While Williams and Hall might not be in the same tier, the Cowboys' agreement with Williams could suggest a cooling off in the running back market. Williams' annual salary of $8 million places him below the likes of Chuba Hubbard, Rhamondre Stevenson, and David Montgomery, all of whom had less impressive 2025 seasons.
This could mean the Jets have a chance to re-sign Hall without breaking the bank. Projections for Hall's next deal vary, with estimates ranging from a four-year, $41.5 million contract to a four-year, $54 million package.
Given the gap between these projections, Hall's actual contract will likely fall somewhere in the middle. Since Williams' deal places him in the top-12 to 15 highest-paid running backs, Hall might find himself near the bottom of the top-10.
One contract to watch is Kyren Williams' with the Los Angeles Rams-a three-year, $33 million extension signed last August. Considering Hall's youth, a four-year, $44 million deal seems reasonable in today's market.
With the franchise tag window open until March 3, the Jets have the option to tag Hall and then negotiate a deal that offers a substantial first-year raise, aligning with market trends.
As the window progresses, Hall's market value will likely become clearer, giving the Jets a better picture of how to proceed.