Diontae Johnson is indeed on the move. The veteran wideout is being dealt from the Panthers to the Ravens, ESPN’s Adam Schefter reports. 
Schefter adds the teams will swap fifth-and sixth-round picks as part of the deal, one which will allow Johnson to return to the AFC North. Both selections are in this year’s draft, Ian Rapoport of NFL Network clarifies. As for the financial side of the deal, Jeff Zrebiec of The Athletic reports Carolina is retaining a portion of Johnson’s remaining salary.
As a result, the Ravens will only owe him roughly $625K for the rest of the season. Johnson is the latest rental receiver to be dealt, and it comes as little surprise he will be changing teams for the second time in 2024. The 28-year-old has been widely expected to be dealt, with multiple suitors believed to be in play (although the particulars of the deal point to a rather tepid market existing). As Jordan Schultz of Fox Sports notes, Johnson became “discouraged” by his situation; he will now depart a 1-7 franchise for one with a 5-3 record and aspirations of another playoff run.
Underscoring the compensation situation further, CBS Sports’ Jonathan Jones adds teams were initially discussing a Day 2 pick in a potential Johnson trade (video link). That price fell considerably, with suitors becoming increasingly aware a parting of ways with Carolina – stemming from what Jones terms as “communication issues” – would be imminent. The Panthers have moved quickly in taking an underwhelming offer.
Receiver has been floated as potential target in Baltimore’s case in 2024 (and many other years, of course), but recent first-rounders Zay Flowers and Rashod Bateman have had a productive start to the season. Contributions from tight ends Mark Andrews, Isaiah Likely and Charlie Kolar have led to Baltimore boasting the league’s No. 1 passing attack. Free agent signing Derrick Henry has been as advertised in the backfield, forming a strong tandem with Lamar Jackson in terms of production on the ground (200 yards per game, which leads the league).
For that reason, it comes as something of a surprise Baltimore general manager Eric DeCosta targeted offense in terms of a midseason acquisition. Scoring has generally not been an issue for the Ravens, but their defense has been a sore spot on more than one occasion. The team sits 26th in points allowed per game (26.1), owing in large part to the NFL’s worst pass defense. Bringing in help along the edge or in the secondary thus represented a logical course of action, but unless something further is done Baltimore’s incumbent options will be counted on to improve.
In place as GM since 2019, DeCosta has not been shy on the trade front during his tenure. He previously added Marcus Peters, Yannick Ngakoue and Roquan Smith via trade during the middle of the 2019, ’20 and ’22 seasons. Johnson becomes the latest name on that list, and he will aim to provide a notable contribution on offense while boosting his free agent stock in the process.
The former third-rounder had a productive five-year run in Pittsburgh, and he inked a two-year extension in 2022. In the lead-in to the final year of that pact, though, he asked to be dealt and the Steelers accommodated him. Carolina also took part in a pick swap in that deal, sending cornerback Donte Jackson back as well. The team’s investment has not proven to be particularly worthwhile given their struggles on offense and the decision to part ways after only eight weeks.
Johnson recorded at least 78 yards three times during his Carolina tenure, with his best showings coming during the time when Andy Dalton was in at quarterback. Bryce Young‘s development – on the field or otherwise – remains a key goal for Carolina during the second half of the campaign. That process could come about after other veterans are shipped out, but in any case Johnson’s performance on his new team will be a key storyline to follow.