Former Broncos RB Phillip Lindsay Signs $3.25M Deal with Texans

That didn't take long.
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Phillip Lindsay is leaving the Mile High City for the Lone Star State.

Roughly 24 hours after the Denver Broncos rescinded his restricted free-agent tender, sending him to the open market, the former Pro Bowl running back landed a one-year contract worth up to $3.25 million with the Houston Texans, according to multiple reports Friday.

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Lindsay will take home $1 million guaranteed as part of his incentive-laden deal, per 9News' Mike Klis. He'll earn $2.25 million in 2021 base salary, with a $500,000 per-game roster bonus and escalators for total scrimmage (rushing and receiving) yards: $250,000 for 750 yards and another $250,000 for 1,000 — a feat the Colorado Kid has twice accomplished during his brief NFL career.

Lindsay, 26, confirmed the signing via Twitter.

The diminutive but explosive back, a 2018 undrafted free agent, is slated to make more money in Houston this year than he did across his tenure in Denver ($2.009 million). Lindsay was initially slapped with a $2.13 million original-round tender by the Broncos before the team rescinded its offer, citing a mutually amicable divorce.

Had the Broncos placed a second-round tender on Lindsay, as many anticipated, he would have received $3.384 million for the 2021 campaign. Instead, new general manager George Paton raided his old employer, the Minnesota Vikings, inking RB Mike Boone to a two-year, $3.85 million deal, which includes $2.6 million in guarantees.

While also contributing on special teams, Boone is expected to fill Lindsay's role as a timeshare contributor behind presumed starter Melvin Gordon and ahead of contract-year third-stringer Royce Freeman.

Lindsay, meanwhile, is the latest addition to an elder Texans backfield that now features David Johnson and Mark Ingram, who signed a one-year, $3 million pact on March 11.

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