The NFL franchise tag deadline is 4:00 p.m. ET.
Where did it all happen?
Which players received the franchise tag?
Tee Higgins, Cincinnati Bengals WR
L'Jarius Sneed, Kansas City Chiefs CB
Brian Burns, Carolina Panthers EDGE
Justin Madubuike, Baltimore Ravens DT
Antoine Winfield, Tampa Bay Buccaneers S
Josh Allen, Jacksonville Jaguars EDGE
Jaylon Johnson, Chicago Bears CB
Michael Pittman, Indianapolis Colts WR
Which players received the transition tag?
Kyle Dugger, New England Patriots S (Report)
What is the NFL franchise tag?
The Franchise tag is a designation NFL teams can use to retain a player as an unrestricted free agent and sign him to a permanent contract for another year. There are exclusive and non-exclusive tags.
What are exclusive and non-exclusive franchise tags?
Exclusive tags means that the contract cannot be lower than the average of the five highest salaries at that player's position or 120% of the player's salary in the previous season, whichever is greater. This also means that the player is not allowed to negotiate with other teams and is not allowed to sign with another team if they reject the offer.
Non-exclusive tags means that the contract cannot be lower than the average of the top five hits at that player's position or 120% of the player's salary in the previous season, whichever is greater. However, unlike the exclusive tag, the player is allowed to negotiate with other teams, and if he receives an offer, his current team has the opportunity to play. If the team decides not to play, it is entitled to draft compensation equal to two first-round draft picks from the signing team.
What are the NFL franchise tag position values for 2024?
Quarterback: $38.301 million
Back Race: $11.951 million
Wide receiver: $21.816 million
Close ending: $12.693 million
Offensive line: $20.985 million
Defensive end: $21.324 million
Defensive tackle: $22.102 million
Linebackers: $24.007 million
Cornerback: $19.802 million
Security: $17.123 million
Punter/kicker: $5.984 million
What is the NFL Transition Tag?
The Transition day is another designation NFL teams can use to retain a player as an unrestricted free agent and sign him to a permanent contract for another year. The contract cannot be below the average of the top 10 salaries at the player's position and there is no guaranteed compensation. Players are also allowed to negotiate with other teams.
Live28 updates
- Tue, March 5, 2024 at 10:03 p.m. GMT
The Colts used the franchise tag today for the first time since 2013. Maybe you've heard of the last man to get it.
- Tue, March 5, 2024 at 9:09 p.m. GMT
“Bears make Jaylon Johnson’s franchise tag official.”
We placed a non-exclusive franchise tag on Jaylon Johnson
– Chicago Bears (@ChicagoBears) March 5, 2024
- Tue, March 5, 2024 at 9:07 p.m. GMT
Tag deadline has expired
We made it! The deadline was 4:00 p.m. ET/1:00 p.m. PT.
Stay tuned, though, as we'll continue to update you on anything noteworthy throughout the rest of the afternoon and evening.
Tue, March 5, 2024 at 8:56 p.m. GMTJaguars want a long-term contract with Josh Allen
Josh Allen's franchise tag in Jacksonville is official with a note from general manager Trent Baalke:
“We were unable to agree on a contract extension with Josh before today’s deadline.”
The two sides continue to negotiate a long-term deal.
- Tue, March 5, 2024 at 8:48 p.m. GMT
The Giants declined to use the franchise tag on Saquon Barkley. They also reportedly won't use it to ensure the safety of Xavier McKinney.
The #Giants I will not use a tag – franchise or transition – for S Xavier McKinney, according to me and @MikeGarafolo. He will be a free agent.
— Ian Rapoport (@RapSheet) March 5, 2024
- Tue, March 5, 2024 at 8:18 p.m. GMT
Colts officially announced the franchise tag of Michael Pittman
It is the non-exclusive tag, meaning he is allowed to negotiate with other teams.
We placed the non-exclusive franchise tag on WR Michael Pittman Jr.
— Indianapolis Colts (@Colts) March 5, 2024
- Tue, March 5, 2024 at 8:17 p.m. GMT
If your favorite team has a lot of cap space and is struggling at wide receiver, free agency may not offer many solutions.
The free agency class at receiver took some big hits this week. Mike Evans was re-signed by the Tampa Bay Buccaneers and now Michael Pittman is off the market.
Read more here
- Tue, March 5, 2024 at 8:05 p.m. GMT
The Colts are reportedly giving the franchise tag to WR Michael Pittman
NFL Network's Tom Pelissero points out that the Colts are designating Michael Pittman as a franchise player to negotiate a long-term deal:
The #Colts franchise tag placed on WR Michael Pittman Jr., according to sources.
The day is worth $21.816 million. The sides have been working on a long-term agreement and those discussions are expected to continue. pic.twitter.com/T4XLr7hElj
— Tom Pelissero (@TomPelissero) March 5, 2024
- Tue, March 5, 2024 at 8:03 p.m. GMT
“Bucs make Antoine Winfield Jr.'s franchise tag official”
- Tue, March 5, 2024 at 7:17 p.m. GMT
Interesting note on the Jaguars' signing of Josh Allen: He's reportedly due $24 million, which would mean he'll be used as a linebacker rather than a defensive end.
- Tue, March 5, 2024 at 7:09 p.m. GMT
Report: Patriots use transition tag
A rare transition day sighting!
According to ESPN's Jeremy Fowler, the Patriots are using the transition tag on safety Kyle Dugger.
What is the transition tag? This is another designation that NFL teams can use to retain a player as an unrestricted free agent and sign him to a permanent contract for another year. The contract cannot be below the average of the top 10 salaries at the player's position and there is no guaranteed compensation. Players are also allowed to negotiate with other teams.
Source: #Patriots put the transition tag on safety Kyle Dugger
— Jeremy Fowler (@JFowlerESPN) March 5, 2024
- Tuesday, March 5, 2024, 6:56 p.m. GMT
Report: Bears tag star CB Jaylon Johnson
According to Jonathan Jones of CBS Sports, the Chicago Bears are expected to use the franchise tag on star CB Jaylon Johnson:
The Bears are expected to sign cornerback Jaylon Johnson today as they continue to work on a long-term deal, a source said.
—Jonathan Jones (@jjones9) March 5, 2024
- Tue, March 5, 2024 at 6:47 p.m. GMT
Report: Jaguars give DE Josh Allen the franchise tag
According to NFL Network's Ian Rapoport, Jacksonville will franchise star defenseman Josh Allen as the two teams attempt to negotiate a long-term deal:
The #Jaguars They are expected to place the franchise tag on pass rusher Josh Allen, and he is on the books for one year and $24 million, a source said. No surprise. The team expressed confidence in securing a long-term contract.
— Ian Rapoport (@RapSheet) March 5, 2024
- Tue, March 5, 2024 at 6:44 p.m. GMT
Antoine Winfield Jr. and the Bucs will reportedly continue to work on a long-term deal while he is under the franchise tag. As security, Winfield would be owed $17.123 million next season if the two teams do not negotiate a new contract.
The 25-year-old Winfield is coming off his best NFL season and has become one of the league's best defensive playmakers. He posted three interceptions, 12 passes defensed, six sacks, eight quarterback hits, 122 tackles, six tackles for loss, four fumble recoveries and six forced fumbles, the most in the league, while playing in all 17 regular season games Year 2023 started.
More on the Bucs giving Winfield the franchise tag
- Tue, March 5, 2024 at 6:43 p.m. GMT
It's easy to see why the Ravens want to keep Justin Madubuike. He is a key part of their defense, and according to NFL Next Gen Stats, he led the entire league in pressures from the 3-technique last season (positioned on the guard's outside shoulder, between the guard and the tackle):
- Tue, March 5, 2024 at 6:19 p.m. GMT
Ravens place franchise tag on DT Justin Madubuike
According to general manager Eric DeCosta, Baltimore was “unable to agree to a contract extension with DT Justin Madubuike” before the franchise tag deadline.
- Tue, March 5, 2024 at 6:18 p.m. GMT
Bucs reportedly tagging All-Pro safety Antoine Winfield Jr.
According to ESPN's Adam Schefter, Tampa Bay is franchising star safety Antoine Winfield Jr.
According to the sources, the Buccaneers are officially passing on their franchise tag to S Antoine Winfield Jr., but really only as a placeholder until the two sides can negotiate a long-term deal that they will continue to work on and complete. pic.twitter.com/0DjzQYAvA4
— Adam Schefter (@AdamSchefter) March 5, 2024
- Tue, March 5, 2024 at 4:31 p.m. GMT
If the Giants had signed Saquon Barkley for the second straight year, it would have cost $12.1 million, but the second overall pick in the 2018 NFL Draft has long sought an extension to remain with the franchise.
Read more
- Tue, March 5, 2024 at 4:01 p.m. GMT
Report: Saquon Barkley will become a free agent and will not receive a franchise tag from the Giants
According to NFL Network's Ian Rapoport, the running back market has reportedly just gotten stronger as the Giants are unlikely to sign Saquon Barkley.
- Tue, March 5, 2024 at 3:56 p.m. GMT
The Panthers officially announce that they have not exclusively tagged Brian Burns
The Panthers have confirmed they are using a franchise tag on Brian Burns – but it is the non-exclusive tag.
This means the following:
Non-exclusive tags means that the contract cannot be lower than the average of the top five hits at that player's position or 120% of the player's salary in the previous season, whichever is greater. However, unlike the exclusive tag, the player is allowed to negotiate with other teams, and if he receives an offer, his current team has the opportunity to play. If the team decides not to play, it is entitled to draft compensation equal to two first-round draft picks from the signing team.
Tue, March 5, 2024 at 8:56 p.m. GMT
Tue, March 5, 2024 at 8:17 p.m. GMT
Tue, March 5, 2024 at 4:31 p.m. GMT