Contract talks between Breece Hall and the Jets are ongoing. The sides still have work to do to strike an agreement prior to today’s tag deadline, however. 
Connor Hughes of SNY reports dialogue is ongoing in this case. He cautions that there does not appear to be much in the way of optimism regarding a deal being struck. If that remains the case by 3:00pm central today, the Jets will tag Hall and in doing so prevent a free agent departure.
The franchise tag is the most common route taken by teams in these situations, but Hall has been mentioned as a candidate for the less expensive transition tag. A franchise tag would cost $14.29MM, while the transition tag route would check in at a price of $11.32MM. According to Hughes, the likely outcome in the absence of a Hall extension agreement would be the franchise tag.
The Jets currently have nearly $88MM in cap space, so affording either tag would not be an issue. The cost of each one-year tender is fully guaranteed and carries a matching cap charge for 2026. New York would receive two first-round picks for an unmatched Hall offer sheet in the event the franchise tag were applied; the team would not receive any compensation in that scenario with respect to the transition tag. Offer sheets are rare in the NFL anyway, but teams often take the safer route by using the more expensive tag.
Once the Vikings proceed with their Aaron Jones release, only eight running backs in the NFL will be attached to a deal averaging $11MM or more per season. That list will grow once Bijan Robinson and Jahmyr Gibbs sign extensions, and De’Von Achane is another candidate for a lucrative second contract. Hall is likewise in line for a raise, but it could easily wind up coming in the form of a tag. The 24-year-old’s earning power for 2027 and beyond in that case would depend in large part on his level of play next season.
Hall topped 1,000 rushing yards for the first time in his career in 2025. The former second-rounder has remained a workhorse back since returning from the ACL tear he suffered as a rookie, and a heavy workload should be expected moving forward on a Jets offense which could undergo a number of changes this spring. Hall is in line to play at least a fifth campaign in New York, but whether that comes about via the tag or a long-term agreement remains to be seen.
I would love to hear what the Jets are offering and what Breece’s agent is asking for. To me, this seems like a no-brainer 4 year deal, $10m per year, with the 4th year with no guaranteed money. I’m guessing Jets are stuck at $8m and Breece is asking for $12m+.