The Jets have officially placed their franchise tag on Nick Folk, the team announced today in a press release. The exact franchise figure for kickers isn’t known yet, but it figures to be in the neighborhood of $3.4MM. That would represent a sizable raise for Folk, who earned $780K in 2013.
In addition to making all 27 of his extra-point tries in 2013, Folk converted on 33 of 36 field goal attempts, including three game-winners. His 91.7% rate for the season was a career-high, and the first time since 2008 that his conversion rate was higher than 80%.
As Manish Mehta of the New York Daily News points out (via Twitter), no kickers received the franchise tag a year ago, but five kickers were designated as franchise players in 2012. The tag can be appealing for teams with free agent kickers, since the salary is so modest.