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2014 NFL Free Agency news: Updates on Revis, Ward and Byrd

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An update on the transactions and events of the first day of free agency.

Matthew Emmons-USA TODAY Sports

The first day of Free Agency was a hectic affair, and a lot of big names are off the market and heading to new homes.

The Tampa Bay Buccaneers have signed Cornerback Alterraun verner to a new 4 year $26.5 million deal. They have also agreed to terms with former Bengals Defensive End Michael Johnson on a 5 year $43 million dollar deal.

The Bucs are also expected to trade or cut perennial All-Pro Cornerback Darrelle Revis by 4pm ET time today, as he is set to earn a guaranteed roster bonus. According to Jason La Canfora, The Patriots are front runners, as well as Revis's preferred choice. At this point, the Cleveland Browns are also still in play

The Denver Broncos have been very active, signing former Patriots Cornerback to a massive 6 year $57 million dollar contract. In addition the Broncos have locked up former Cleveland Browns safety TJ Ward to a 4 year $28 million dollar deal. The Broncos are also set to meet with former Cowboys star Demarcus Ware this afternoon, and according to Jason La Canfora, there is a chance a deal could come together very quickly there as both sides have mutual interest.

For more free agency info, head over to the Free Agency Streamto read all the latest news and rumors for the Steelers and the NFL.

The New Orleans saints have signed one of Free Agency's biggest names this year in former Buffalo Bills safety Jarius Byrd to a 6 year $54 million dollar deal. The move came as a surprise, as the Saints were not viewed as a major player in Free Agency this year.

The Saints were also set to cut Darren Sproles, however according to Adam Schefter they now believe they can trade him due to interest from other franchises.

The Seattle Seahawks re-signed their Defensive Lineman to a four year $28.5 million dollar deal on Monday.

The Baltimore Ravens have also re-signed their Left Tackle Eugene Monroe to a 5 year $37.5 million contract.

However, there remain some big fish in the Free Agency pond. Former Steelers OLB Lamarr Woodley is scheduled to meet with the Raiders today. Wide Receivers Eric Decker is still up for grabs, and of course pass rushers Demarcus Ware and Jared Allen are still in play.