Spring practices have come and gone without a deal being worked out between T.J. Watt and the Steelers. The former Defensive Player of the Year skipped mandatory minicamp in an indication of the gap which remains between the parties regarding negotiations. 
[RELATED: Steelers Have Submitted At Least One Watt Extension Offer]
To little surprise, guaranteed compensation appears to be a sticking point in this case. Bleacher Report’s James Palmer notes the extent to which the Steelers are willing to make a new major commitment in terms of locked in money will be a determining factor in whether or not an agreement is reached (video link). Like many others, Palmer predicts a deal will be in place by the regular season.
If all goes well, Watt will report to training camp next month with his third Steelers contract in hand. The 30-year-old has one season remaining on his existing pact, and he is owed $21.05MM in 2025. In terms of average annual value, Watt currently sits sixth after his deal moved him to the top of the pecking order at signing. The pass rush market is currently topped by Myles Garrett ($40MM per year), and the likes of Aidan Hutchinson and Micah Parsons could create a new benchmark this summer.
Watt tied the all-time single-season sack record (22.5) in 2021 before a torn pec limited him to 10 games the following year. The four-time All-Pro bounced back by leading the league in sacks once again in 2023, something which will of course help his bargaining position. On the other hand, Watt saw his sack total drop to 11.5 last season (although he topped the NFL with six forced fumbles). Given his age, the Steelers will no doubt be more hesitant about a monster extension this time around than when Watt was coming off his rookie deal.
Pittsburgh has Alex Highsmith in place as a fellow first-team edge rusher, and Nate Herbig along with fourth-round rookie Jack Sawyer are in position to operate as notable depth options. The team’s defense will continue to rely heavily on Watt in 2025, though, and his situation will remain worth watching closely as a result. In the coming weeks, a renewed push could be made to arrive at an agreement regarding guaranteed money on a new long-term pact and thus to finalize an extension.