One player who surprisingly bucked that trend this week is future Hall of Fame safety Earl Thomas, who is signing with Baltimore for $55 million over four years ($13.75 million per year) with $32 million guaranteed.
Ingram's $5 million average salary is $1.4 million per year more than the Saints paid Murray, though Murray's contract is a four-year deal.
On Wednesday, despite his rocky tenure with the Seahawks, Thomas wrote on Twitter: "Thank you Seattle for the love and memories that my family and I will never forget". After returning from a four-game suspension to open the season, Ingram shared the running-back work with Alvin Kamara.
There could be a few smaller free agent signings as the Ravens are known to do.
We've long known Thomas' time in Seattle was over, but his new contract demonstrates another fascinating development in free agency:. It's a pricey move but also somewhat necessary for the Ravens after veteran safety Eric Weddle left to sign with the Los Angeles Rams. Fans will complain, but the Cowboys weren't willing to pay that price for Thomas.
Rumors circulated Tuesday night that Thomas was talking with the Cleveland Browns. Five years younger than Weddle, Thomas is an established player still in his prime, giving him a chance to be one of the team's defensive leaders for years to come.
Thomas spent nine years in Seattle, where he was one of the anchors of the Seahawks' "Legion of Boom" defense. I would have included $125,000 per game started, which could add $2 million per season and an incentive that combined a Pro Bowl selection with the team making the playoffs for another $2 million.
Thomas made six Pro Bowls while with the Seahawks, who drafted him with the No. 14 overall pick out of Texas in 2010, the second pick of the Pete Carroll/John Schneider era.
Mark Ingram is a powerful back that's far from a one-dimensional talent.