Breece Hall looms as one of the top franchise tag candidates for 2026. That option has not been taken off the table by the Jets so far, but others are being weighed as well.

New York remains undecided on the Hall front at this time, ESPN’s Jeremy Fowler reports. As expected, an extension was not worked out during the regular season, although the team is still interested in retaining its lead running back. A new Hall deal keeping Hall in the fold is one possibility in this case, Fowler confirms.

He adds, however, that the transition tag is seen by some around the league as an expected move on the Jets’ part. Applying the franchise tag to running backs this offseason is projected to cost roughly $14.5MM. The transition tag will check in at a rate of approximately $11.73MM, by contrast. Players who receive the transition tag are free to speak with outside teams and sign an offer sheet; unmatched offer sheets do not result in draft compensation.

As a result, the transition tag is rarely used in the NFL. Whether or not the Jets give serious thought to applying it in Hall’s case will be interesting to monitor. The 24-year-old has managed to remain durable and consistent since suffering an ACL tear during his rookie season. Hall topped 1,300 scrimmage yards for the third consecutive season in 2025, and he surpassed 1,000 on the ground for the first time despite playing on one of the league’s worst offenses.

A payday (relatively speaking, considering the nature of the running back market) should be coming shortly. Hall could wind up being the top back in free agency if the decision-making tandem of general manager Darren Mougey and Aaron Glenn – which was not in place when he was drafted – opts to move in a different direction. A long-term agreement could result in pact averaging $12MM or so per year, but it would give the Jets flexibility with respect to Hall’s cap charges while keeping him at a rate similar to that of the transition tag.

New York is currently fourth in the NFL in projected cap space, so absorbing the one-year cost of a franchise or transition tag would be more feasible for that team than most others. Finding a replacement in the backfield could become a priority for the Jets through either free agency or the draft, but that may not prove necessary depending on how they operate leading up to the tag deadline.

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