Citing NFL sources, the Baltimore Sun expects McPhee to command an annual salary between $8 million and $10 million once he reaches the open market.
McPhee's value goes beyond his No. 2 Pro Football Focus ranking among 3-4 outside linebackers last season. In addition to his 21 quarterback hits, McPhee boasts the size (6-foot-3, 280 pounds) and quickness to rush the passer from nose tackle, defensive end and linebacker.
It will be interesting to see if McPhee follows the Baltimore-to-Indianapolis pipeline established by Redding and Jones, reuniting with former Ravens coordinator Chuck Pagano.
Along with the Colts, Atlanta, Oakland and Cleveland have been mentioned as potential landing spots.