The move was expected.
Simmons, the 19th overall choice in 2019, is coming off his first Pro Bowl and made second-team All-Pro.
He totaled a career-best 8.5 sacks in 2021, and he led the Titans with 58 quarterback pressures. Simmons also ranked second on the Titans with 12 tackles for loss.
He added three sacks in the playoff loss to the Bengals.
In three seasons, Simmons has 135 tackles, 13.5 sacks, 32 quarterback hits and 19 tackles for loss.