As the NFL gears up for minicamps and training camps, front offices are still hard at work behind the scenes. With the fifth-year option deadline for the 2023 first-round draft class now in the rearview mirror, teams face a pivotal decision: lock up their young stars with extensions or let them play out their rookie deals. Meanwhile, veteran players with contracts expiring after the 2026 season add another layer of intrigue. How many of these talented athletes will actually hit the open market?

Here are five expiring contracts you need to keep an eye on as training camp approaches:

Nick Herbig, Linebacker, Pittsburgh Steelers
Nick Herbig has become one of the biggest offseason storylines, with trade rumors swirling during the 2026 NFL Draft. However, the Steelers now appear more inclined to keep and extend him. Herbig has shown flashes of becoming a full-time starter, and with T.J. Watt aging and Alex Highsmith battling injuries, Pittsburgh could lock him up as early as August. If not, expect Herbig to command a massive payday in 2027.

Drake London, Wide Receiver, Atlanta Falcons
Drake London remains one of the NFL's most underrated wide receivers, consistently producing despite inconsistent quarterback play from Marcus Mariota and Desmond Ridder. The Falcons will likely prioritize a long-term extension for London, who anchors their offense and has proven himself among the league's elite pass-catchers. The big question: can both sides reach an agreement before August?

Ikem Ekwonu, Offensive Tackle, Carolina Panthers
Ikem Ekwonu's strong 2025 campaign validated the Panthers' decision to exercise his fifth-year option. Now, Carolina must decide whether to extend him before he hits free agency in 2027. Ekwonu is a cornerstone of the offensive line and critical to protecting quarterback Bryce Young. Though he's recovering from a playoff injury, he's expected back for training camp. If Ekwonu reaches the open market, he'll command a premium contract—so the Panthers face pressure to finalize a deal before the season kicks off.

Puka Nacua, Wide Receiver, Los Angeles Rams
Puka Nacua's future has become one of the most pressing questions this offseason. After a troubling series of events, he voluntarily entered rehab. Despite the uncertainty, Nacua has far exceeded expectations since entering the league in 2023. He's Matthew Stafford's top target and ranks among the NFL's most productive receivers. The Rams will need to navigate this situation carefully as they weigh his long-term value.

Whether these players stay with their current teams or test the market, their contract situations will shape the NFL landscape for years to come. Stay tuned as training camp battles and negotiations heat up!