The Cincinnati Bengals endured a tumultuous 2024 season, finishing with a record of 9-8 and failing to make the playoffs. Despite having quarterback Joe Burrow as an MVP finalist, the team struggled significantly. The primary issue was a defensive collapse under coordinator Lou Anarumo, leading to his dismissal and the hiring of Al Golden from Notre Dame. Additionally, contract mismanagement at key positions, particularly wide receiver, has put the franchise in a precarious position heading into the offseason.

One of the most glaring problems for the Bengals in 2024 was their defensive performance. Under Lou Anarumo's leadership, the defense crumbled, contributing heavily to the team's failure to secure a playoff spot. Recognizing this, the organization made a swift change by bringing in Al Golden, previously the defensive coordinator at Notre Dame. This move aims to revitalize the unit, but it also underscores the need for talent infusion across various levels of the defense. The upcoming draft could provide opportunities to address these weaknesses.

The wide receiver situation presents another significant challenge. Ja'Marr Chase had an outstanding year, leading the NFL in receptions, receiving yards, and touchdowns. However, the Bengals missed the opportunity to sign him to a lucrative extension before last season, which will now come at a higher cost. Meanwhile, Tee Higgins performed exceptionally well on the franchise tag, making him a prime candidate for free agency. Given the ownership's traditionally frugal approach, retaining both receivers may be difficult. Losing Higgins would be a considerable setback for the offense, especially considering Burrow's exceptional play.

Financially, the Bengals have some flexibility, with $44 million in salary-cap space at the start of the offseason. This could help them re-sign key players like Higgins or address other pressing needs. However, they must also manage the contracts of aging veterans such as Mike Hilton and B.J. Hill, who might not fit into future plans. The draft offers another avenue for improvement, with picks like defensive tackle Walter Nolen potentially providing immediate impact.

Moving forward, the Bengals must prioritize protecting Joe Burrow, who faced 48 sacks in the 2024 season. Ensuring long-term stability with elite receivers like Chase and Higgins is crucial for maintaining an upper-tier offensive output. Addressing these issues will be essential if the Bengals hope to return to contention in the coming years.