Cincinnati Bengals sign CB Ceyair Wright

The Bengals' signing of cornerback Ceyair Wright earns a C+ Contract Value Index (CVI), a fair-value agreement that reflects the modest expectations baked into a depth acquisition during the offseason window. At $1.04M AAV on a three-year, $3.115M deal, the contract carries minimal financial risk and zero dead-cap liability — it's the kind of low-commitment flyer teams deploy to add bodies to the secondary without straining cap flexibility. Wright lands in the solid backup/depth tier, where the Bengals are banking on either developmental upside or a reliable reserve role rather than consistent starter production; the price tag doesn't demand immediate impact. The C+ grade signals neither a steal nor an overpay — the Bengals are paying market rate for a depth piece, which is precisely the right approach to a three-year pact at this salary level. With the regular season over three months away, this signing carries minimal pressure to produce immediately, making it an efficient offseason move that preserves cap space while filling a roster spot, though it's also the type of transaction unlikely to move the needle on a 6-11 team operating as an early AFC playoff longshot.