How much would Lamar Jackson franchise tag be?
If Jackson were to agree to sign with another team and Baltimore declined to match the offer, Jackson's new team would send two first-round picks to the Ravens. The non-exclusive tag is nearly $13 million less than the exclusive designation, coming in at $32.4 million.
On Tuesday, the Baltimore Ravens assigned the non-exclusive franchise tag to quarterback Lamar Jackson, guaranteeing him $32.4 million for the 2023 season but also opening the door for him to negotiate with other teams.
The Ravens have used the franchise tag on quarterback Lamar Jackson. According to NFL Network's Ian Rapoport, the Ravens used the non-exclusive franchise tag. The non-exclusive tag comes with a 2023 salary of $32.4 million, which is about 13 million less than the exclusive tag would have cost.
How much do players make on a franchise tag? According to The Athletic, the salary for a player on an exclusive tag is whichever of the following two numbers is higher: the average of the five largest salaries at the player's position that year, or 120% of the player's salary from the previous year.
The deal reportedly makes Jackson the highest-paid player in NFL history with a five-year, $260 million deal.
Jackson would be set for free agency again next offseason and could be tagged again. The Ravens' non-exclusive franchise tag keeps the cost of future potential franchise tags significantly lower. The cost of that tag would be a 120% raise off of the 2023 tag and the 2025 tag a 144% raise over the 2024 cap number.
The Ravens now have until July 17 to work out a long-term extension with Jackson. The non-exclusive tag is different form the exclusive tag. This offseason, Jackson is free to negotiate with other teams, but the Ravens have the right to match any offer.
They were negotiating, but there never seemed to be optimism. Ultimately, the Ravens placed the franchise tag on Jackson, but at the lower of two levels. By using the non-exclusive franchise tag, Baltimore ensured they would pay Jackson less money in 2023 than if they had used the exclusive tag.
Brady has a "no tag" clause in his contract, which means he cannot be franchise tagged by the Buccaneers and will become an unrestricted free agent this coming offseason should he chose not to re-sign.
Lamar Jackson is staying in Baltimore after all. The Ravens quarterback has agreed in principle to a five-year, $260 million extension that will make him the highest-paid player in NFL history in terms of average annual value ($52 million per year).
Can a player refuse a franchise tag?
Can a player reject a franchise or transition designation? No. A player cannot become an unrestricted free agent by refusing a franchise or transition tag.
- Christian McCaffrey, San Francisco 49ers: $16 million (4 years, $64.06 million)
- Alvin Kamara, New Orleans Saints: $15 million (5 years, $75 million)
- Derrick Henry, Tennessee Titans: $12.5 million (4 years, $50 million)
| Position | Franchise Tag | Transition Tag |
|---|---|---|
| QB | $32,416,000 | $29,504,000 |
| LB | $20,926,000 | $17,478,000 |
| WR | $19,743,000 | $17,991,000 |
| DE | $19,727,000 | $17,452,000 |
Without hiring an agent, Jackson negotiated a five-year, $260 million contract that made him the highest-paid player in NFL history at $52 million per season.
Lamar Jackson agrees to five-year deal with Ravens, making QB the highest-paid player in NFL history.
Current Contract
In 2023, Burrow will earn a base salary of $1,010,000 and a roster bonus of $4,535,018, while carrying a cap hit of $11,515,043 and a dead cap value of $11,515,044. Contract Notes: Projected to 4 years, $36.19M. Fully Guaranteed.
2023-2023. Lamar Jackson signed a 1 year, $32,416,000 contract with the Baltimore Ravens, including an average annual salary of $32,416,000. In 2023, Jackson will earn a base salary of $7,500,000 and a signing bonus of $72,500,000, while carrying a cap hit of $22,150,000 and a dead cap value of $135,000,000.
If they don't match the offer, Lamar would sign with his new team, and the new team would send two first-round picks to the Ravens as compensation. Because the nonexclusive tag gives the player some freedom, it costs the team less than the exclusive tag.
The non-exclusive tag allows other teams to negotiate with Jackson. The Ravens would then reserve the right to match any offer, or receive two first-round picks as compensation.
A franchise tag is a one-year contract that every NFL team is allowed to issue once per offseason. It allows a franchise to strategically retain a player on a guaranteed deal with a non-negotiated salary. It can only be used on players set to become unrestricted free agents.
Can Lamar leave the Ravens?
A source told the Associated Press that the Ravens' tag is non-exclusive. That means Jackson can still talk to other teams. But the Ravens would have a chance to match any agreement between Jackson and another team, and if they choose not to match, they'd receive two first-round draft picks in return for the player.
The exclusive tag gives teams exclusive negotiating rights. Players can either accept the tag, work toward a new long-term deal or simply refuse to play. The nonexclusive tag is cheaper but comes with risks, allowing the player to negotiate with other teams (though their original team can still match any deal).
Lamar Jackson sparks contract controversy with Ravens - Will he stay or go? It has been widely speculated that Jackson is seeking a contract in the range of the five-year, $230 million fully guaranteed deal that Deshaun Watson received from the Cleveland Browns last year.
Patrick Mahomes signed a 10-year, $450 million contract extension with the Kansas City Chiefs in 2021, the largest in NFL history at the time. He's now just the seventh highest-paid quarterback in the league, with several players surpassing his average annual salary of $45 million.
Current Contract
Aaron Rodgers signed a 3 year, $112,500,000 contract with the New York Jets, including $75,000,000 guaranteed, and an average annual salary of $37,500,000.
The franchise tag was originally designed to be used primarily on quarterbacks and viewed as a mutually beneficial transaction between owners and players providing a nice payday and some roster security.
In addition to the Raiders and Aces, Brady's ownership portfolio includes a stake in a Major League Pickleball expansion franchise expected to begin play this year. Brady's other business endeavors include his NFT startup Autograph, which raised $170 million in 2022.
So, if a quarterback is franchise tagged, his franchise tender salary would be an average of the five highest-paid NFL quarterbacks. Typically, players prefer not to play on the franchise tag and would rather work out a long-term deal or get traded to a team willing to offer it.
The Baltimore Ravens and quarterback Lamar Jackson came to an agreement on a five-year contract extension worth $260 million, with $185 million guaranteed, per league and team sources.
Lamar Jackson does have a no-trade clause in his deal, joining the likes of Deshaun Watson, Derek Carr, Russell Wilson, Dak Prescott, Josh Allen, Patrick Mahomes and Jalen Hurts who have similar provisions in their contracts.
How much does Odell Beckham make?
Odell Beckham Jr. once again announced his return to the NFL from injury after penning a one year deal with the Baltimore Ravens. His average annual salary is a whopping $15 million. In 2023, Beckham Jr. will earn a total salary of $15 million with the potential to earn upto $18 million.
No, NFL players do not get paid if they sit out for personal reasons. The NFL has a rule that states that players must report to training camp and participate in all team activities in order to be paid. If a player does not report to training camp or participate in team activities, they will not be paid.
A player can be franchise-tagged a maximum of three times; before such, a player must be offered a new contract. This rule ensures that the player is not forced to endure under market deals for too long. Furthermore, for each season a player is hit with the franchise tag, such a player's contract will increase.
Players generally loathe the franchise tag because it impacts their ability to get maximum money from the market. It also forces them to play on a one-year deal, where an untimely injury right before hitting the market (again) would negatively impact a player's ability to reach a long-term deal.
Pete Carroll, Seattle Seahawks, 71 years old (9/15/51) New Orleans Saints' Mark Ingram (right) is the oldest active running back in the NFL.
| Pos | No. | Player 1 |
|---|---|---|
| RB | 1 | Etienne Jr., Travis 21/1 |
| RB | ||
| RB | 22 | Henry, Derrick 16/2 |
| RB |
Ezekiel Elliott
Elliott signed the six-year, $90 million deal with the Cowboys in 2019 after becoming the face of the storied franchise.
A player can receive a franchise tag up to three times. Each time, however, the cost skyrockets. A player that receives a franchise tag for the second time sees their salary automatically increase by 20%. If the player receives the tag for a third time, their salary jumps by 44% from the previous year.
Teams are limited to using the franchise tag only three times on a player. While it can put on a bind on a player's future, it also can become quite lucrative if someone is tagged that many times. A player tagged for a second straight season would be owed 120 percent of their previous season's salary.
Each team has one franchise tag (of either the exclusive or non-exclusive forms) and one transition tag per year. In most seasons, the transition tag can only be used if the team does not use a franchise tag; with exceptions as stipulated in the Collective Bargaining Agreement (CBA).
Who is the lowest paid player in the NFL?
Former Washington Football Team's Tyrone Swoopes earned the title of lowest-paid football player in the league in 2021, having worked as an undrafted free agent below the minimum NFL salary cap.
- #1 • $136 million. Cristiano Ronaldo. ...
- #2 • $130 million. Lionel Messi. ...
- #3 • $120 million. Kylian Mbappé ...
- #4 • $119.5 million. LeBron James. ...
- #5 • $110 million. Canelo Álvarez. ...
- #6 • $107 million. Dustin Johnson. ...
- #7 • $106 million. Phil Mickelson. ...
- #8 • $100.4 million. Stephen Curry.
As for how Brady's contract breaks down, Pro Football Network reports that Brady will earn $15 million salaries for each season, with $10 million roster bonuses. According to the site, Brady's salary counts for 14.1 percent of the Buccaneers' salary cap, which is estimated at more than $30 million for 2021.
Jackson did not have an agent when he declined the Ravens' contract offers last year, and he does not have one now, as he sits in franchise-tag purgatory. That is his right, just as it is his right to demand a fully guaranteed contract, or to insist on being the highest-paid player in the NFL if he chooses.
Contract Notes
Aaron Rodgers agreed to a revised contract with the Jets that is worth $112.5 million for three years. $75 million of the contract is fully guaranteed. Rodgers has a $35 million bonus paid in 2023 and his 2023 and 2024 base salaries are fully guaranteed.
A. Currently, Joe Burrow owns 3 cars; a Porsche Taycan Turbo, Acura NSX and a customized Lordstown Endurance truck gifted to him by Lordstown Motors Company.
The rookie quarterback's starting contract with the Bengals is worth $36,190,137 overall and is fully guaranteed.
How it works: Teams can use one franchise tag per year on an impending free agent, locking that player into a one-year deal at a predetermined salary (based on positional comps). Details: There are two types of tags: exclusive ($45 million for QBs this season) and nonexclusive ($32.4 million).
Jackson's signing bonus, 2023 base salary ($7.5 million), 2024 option bonus ($17.5 million), 2024 offseason roster bonus ($750,000), 2024 base salary ($14.25 million) and 2025 option bonus ($22.5 million) are all fully guaranteed.
The league's non-exclusive franchise tag value is placed at $32.4 million for quarterbacks for the 2023-24 NFL season.
How much is New York Giants franchise tag?
The deal is a one-year, adjusted franchise tag worth $10.1 million fully guaranteed and up to $11 million with incentives, sources told ESPN. The tag was adjusted to add a $2 million signing bonus, as well as the incentives, sources said.
Lamar Jackson is staying in Baltimore after all. The Ravens quarterback has agreed in principle to a five-year, $260 million extension that will make him the highest-paid player in NFL history in terms of average annual value ($52 million per year).
A player can be franchise-tagged a maximum of three times; before such, a player must be offered a new contract. This rule ensures that the player is not forced to endure under market deals for too long. Furthermore, for each season a player is hit with the franchise tag, such a player's contract will increase.
Lamar Jackson agrees to five-year deal with Ravens, making QB the highest-paid player in NFL history. After being at a standstill in contract talks, Lamar Jackson and the Baltimore Ravens have finally sealed the deal with a five-year, $260M extension.
| RANK | PLAYER | TOTAL $ |
|---|---|---|
| 1 | QB P. Mahomes | $450M |
| 2 | QB J. Herbert | $64.06M |
| 3 | QB L. Jackson | $260M |
| 4 | QB J. Allen | $258.03M |
| Rank | Player | AAV |
|---|---|---|
| 1 | Justin Herbert | $52.5 million |
| 2 | Lamar Jackson | $52 million |
| 3 | Jalen Hurts | $51 million |
| 4 | Russell Wilson | $48.5 million |
Can a player reject a franchise or transition designation? No. A player cannot become an unrestricted free agent by refusing a franchise or transition tag.
Aptly named, an exclusive tag gives the team exclusive negotiating rights. Should the player reject the offer, they are unable to sign with another NFL team for that entire season.
Officially, no, players cannot refuse the NFL franchise tag. There are options to try and force the hand of their team, but there is no way to reject the tag and head to free agency.
Barkley is eligible to get the franchise tag again in 2024 for a 120% increase on his 2023 contract, which is worth $10.091 million.
Is Saquon Barkley franchise tag exclusive?
Six teams franchised players this year with the Giants putting a non-exclusive tag on Barkley, meaning he was free to negotiate with other franchises but New York could match any offer or receive first-round draft picks as compensation.
