
Another wave of free agency is set up to commence. Teams’ signings of unrestricted FAs no longer count toward the 2027 compensatory formula, a transition that annually reignites the market. One high-profile free agent is seeing interest reemerge as a result.
PFR’s No. 18-ranked free agent, Jennings is the only member of our top 45 FAs unsigned (Joey Bosa — No. 46 — is the other top-50 player yet to join a team). The 49ers were interested in re-signing Jennings, but he is no longer in play for the team. San Francisco has since added Mike Evans, Christian Kirk and second-rounder De’Zhaun Stribling to its receiver room, one that still includes 2024 first-round pick Ricky Pearsall.
With Pearsall battling injuries again in 2025 and Brandon Aiyuk missing the full season due to his 2024 ACL tear (and dispute with the team), Jennings became a key 49ers playmaker over the past two seasons.
He filled in well for Aiyuk in 2024, accumulating 975 receiving yards. Last year, Jennings added 643 yards and a career-high nine touchdowns. These numbers were out of step with his two-year, $11.89MM deal. The former seventh-round pick pursued a raise during the 2025 offseason but settled for a late-summer incentive package.
A quality blocker who has moonlighted as a gadget quarterback (two postseason TD passes), Jennings is running out of time to cash in on his recent 49ers contributions. The Tennessee alum will turn 29 this summer, making this an important offseason on the contract front. But it is clear teams did not view the Kyle Shanahan charge as an impact free agent; potential offers have not satisfied Jennings. It is possible the 212-pound receiver will need to accept a one-year “prove it” deal. That will come with risk considering the 2027 offseason will bring Jennings’ 30th birthday.
On the surface, the Vikings do not look like the best option for Jennings to generate 2027 FA attention. Justin Jefferson and Jordan Addison reside as the team’s locked-in top receiving tandem, and Minnesota used a 2025 third-round pick on Tai Felton. The team did not draft a receiver this year, however, and lost WR3 Jalen Nailor to a three-year, $35MM Raiders contract.
Coming from the Shanahan offense would stand to help Jennings acclimate to Kevin O’Connell‘s Minnesota attack, but it would not surprise to see the seventh-year veteran take more visits to determine the best fit. If a “prove it” deal is in the cards, Jennings will need to choose carefully since next year might be the point of no return with regards to the possibility of a lucrative free agency deal happening for him.
More must-reads:
+
Get the latest news and rumors, customized to your favorite sports and teams. Emailed daily. Always free!