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The Commanders are declining the fifth-year option on Davis' (shoulder) rookie contract, Ben Standig of The Athletic reports.

Analysis: Washington took Davis with the 19th pick in the 2021 Draft, and while he's started 36 of 45 games through three seasons, his elite athleticism (4.47 40, 42-inch vertical) hasn't translated to elite performance. The 25-year-old likely will be a starter again in 2024 under new coach Dan Quinn, but it won't come as any surprise if this ends up being Davis' final year in Washington. He had season-ending shoulder surgery in December, potentially impacting his participation in spring practices.

Elliott's agent will meet with the Cowboys in Dallas on Wednesday, Josina Anderson of CBS Sports reports.

Analysis: The two sides have been connected throughout the offseason, as Jeremy Fowler of ESPN.com reported last month that Elliott and the Cowboys had mutual interest in a reunion. The Cowboys lost Tony Pollard to the Titans in free agency and only added end-of-roster types Royce Freeman and Snoop Conner to a running back room that includes Rico Dowdle, Deuce Vaughn and Malik Davis. Elliott played in all 17 games for the Patriots last season, carrying 184 times for 642 yards and three touchdowns while adding a 51-313-2 receiving line on 65 targets.

The Cowboys exercised the fifth-year team option on Parsons' rookie contract Wednesday, Michael Gehlken of The Dallas Morning News reports.

Analysis: Per Gehlken, the star edge rusher will earn $21.32 million in 2025, but that salary may only serve as a placeholder before Parsons and the Cowboys are able to work out what's expected to be a lavish long-term deal. The 24-year-old is coming off another productive effort with the Cowboys in 2023, as he racked up 64 tackles and a career-high 14 sacks in 17 regular-season outings.