2017 NFL Franchise Tag Candidates

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Starting today, NFL teams will be able to place franchise and transition tags on potential free agents for the first time. While the window for franchise tags is open, most clubs won’t actually tag any players right away.

As our list of important dates for the 2017 offseason shows, the deadline for teams to assign those tags doesn’t come until Wednesday, March 1st. Usually, when it comes to NFL contract discussions, deadlines spur action, so teams will wait until that deadline approaches to officially use franchise tags, once it becomes clear that they won’t be able to strike a longer-term deal yet with their respective free-agents-to-be.

Even though the action might not heat up for a couple more weeks, it’s worth taking a closer look at what to expect during 2017’s franchise tag period. The NFL hasn’t officially announced the salary cap figure for 2017, but former agent Joel Corry of CBSSports.com recently projected the 2017 franchise tag salaries based on a presumed $168MM cap. Here are the expected non-exclusive franchise tag amounts:

  • Quarterback: $21.395MM
  • Running back: $12.377MM
  • Wide receiver: $15.826MM
  • Tight end: $9.894MM
  • Offensive line: $14.444MM
  • Defensive end: $16.955MM
  • Defensive tackle: $13.468MM
  • Linebacker: $14.754MM
  • Cornerback: $14.297MM
  • Safety: $10.961MM
  • Punter/kicker: $4.863MM

(For a refresher on the characteristics of the exclusive and non-exclusive franchise tags, as well as the transition tag, be sure to check out PFR’s glossary entry on the subject.)

Here’s our look at the most likely candidates to be tagged, along with several more outside possibilities:

Virtual Locks:

Chandler Jones, DE, Cardinals: Maybe Jones should headline a category titled “Super Duper Virtual Locks.” In January, coach Bruce "<strongArians said that the Cards would apply the franchise tag to Jones if they were unable to immediately lock him up to a long-term deal. Then, just this week, Cardinals president Michael Bidwill offered additional confirmation of that plan. The $16.955MM tag will be applied to Jones in the next couple of weeks and the two sides will then have until the summer to work out a long-term deal. The odds of a longer pact coming together seem pretty good, considering the Cardinals knew what they were getting themselves into when they traded for Jones last year.

Kawann Short, DT, Panthers: Panthers head coach Ron Rivera admits that Short will “probably” be tagged and, unlike ex-teammate Josh Norman, Short doesn’t have a problem with it. The 28-year-old was the third-best defensive tackle in the NFL last year, according to Pro Football Focus, and the Panthers will gladly pay him ~$13.5MM on a one-year deal. A multi-year agreement could require an average annual value of $17MM, so our early guess is that Short will wind up actually playing on the tender.


Le’Veon Bell
, RB, Steelers: We’ve known for a while now that the Steelers will use the franchise tag on Bell. For all of his off-the-field headaches, Bell still stands as one of the league’s most dynamic running backs and a one-year, $12.3MM deal would suit Pittsburgh just fine. Sometime after the tag is in place, we’re expecting the two sides to agree on a long-term deal. As I wrote in our most recent edition of the Free Agent Power Rankings, Bell will top LeSean McCoy‘s ~$8MM AAV and Doug Martin‘s $15MM in guarantees on a new multiyear pact. Of course, other factors such as cash flow will be pivotal in talks, particularly given the limited shelf life of running backs.
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Giants Re-Sign TE Will Tye

As expected, the Giants have re-signed tight end Will Tye, as Jordan Raanan of ESPN.com writes. Tye was an exclusive rights free agent, meaning that the Giants were able to retain him at a very low cost. He gets a one-year, $615K contract. Will Tye (vertical)

[RELATED: Giants Will Push To Re-Sign JPP]

As reported on Tuesday, the Giants also retained ERFA tight end Matt LaCosse and defensive tackle Robert Thomas. Meanwhile, fullback Nikita Whitlock and wide receiver Ben Edwards were told they would not be back after missing 2016 with injuries.

Tye, 25, made ten starts last season and had 48 catches for 395 yards and one touchdown. The Stony Brook is now one of three tight ends on the depth chart along with LaCosse and Jerell Adams. In theory, Tye would probably be the starter if the season began today, but you can expect the Giants to add at least one tight end via the draft or free agency.

Giants Would View Tag As Placeholder For JPP

Placing the estimated $16.955MM franchise tag on defensive end Jason Pierre-Paul wouldn’t be ideal for the Giants, but they’ll have no other choice if they can’t reach a deal with the pass rusher by March 1, writes Ralph Vacchiano of SNY. While tagging Pierre-Paul would take a major bite out of the Giants’ cap room, it would keep an integral piece of their defense from hitting the open market and enable the team to continue working to re-sign him. That would be the Giants’ plan, per Vacchiano, who notes that the club would regard the tag as a placeholder in Pierre-Paul’s case. The Giants are currently pushing to re-sign JPP and will have until July 15 to reach a long-term agreement if they make him their franchise player.

Giants Re-Sign Matt LaCosse, Robert Thomas

  • The Giants have re-signed a pair of exclusive rights free agents – tight end Matt LaCosse and defensive tackle Robert Thomas – via Jordan Raanan of ESPN.com and Ralph Vacchiano of SNY (Twitter link). LaCosse didn’t play at all last season because of a knee injury, while action for Thomas was scarce. The lineman took the field for just 68 defensive snaps in his eight appearances, during which he picked up five tackles and a sack.

Opinion: Giants Should Sign Peterson

  • The Giants should sign Adrian Peterson while Eli Manning‘s Super Bowl window is still open, Manish Mehta of the New York Daily News opines. The Vikings will not bring Peterson back at his current rate and it’s possible that he’ll reach the open market in March. Mehta argues that the Giants won’t have to break the bank for the soon-to-be 32-year-old and believes he can succeed if the Giants passing attack takes pressure off of him. There’s a risk of PR backlash, particularly given the Josh Brown saga of last season, but Peterson has stayed out of trouble in the last couple of years. For me, the notion of Peterson signing with the Giants at this stage of his career is reminiscent of LaDainian Tomlinson’s late-career run with the Jets. It’s an idea that sounds good on paper, but there’s only so much you can expect out of a running back after they’ve run up the odometer.

Victor Cruz Reflects On Giants Tenure

Cruz will ceremonially retire as a Giant someday and later end up in their Ring of Honor, opines Paul Schwartz of the New York Post. His next step, though, will be to head to the open market, where he could find a fit with the Panthers, suggests Joseph Person of the Charlotte Observer. There’s already a connection between Carolina and Cruz: Panthers general manager Dave Gettleman was the Giants’ director of pro personnel when Big Blue signed the wideout as an undrafted free agent in 2011.

The Giants are releasing wide receiver Victor Cruz, which will save them $7.5MM in 2017. Theoretically, they could attempt to bring back the 30-year-old at a lower cap charge next season, but there’s “no indication” they have any interest in doing that, writes Art Stapleton of NorthJersey.com. Cruz spoke in the past tense about his six-year run with the Giants on Monday, saying: “I did some great things there. There are so many experiences, times and moments that I shared in that building with that team in that jersey. Those can’t be replaced or forgotten. I’m happy I have those moments to look back on.”

Cruz will ceremonially retire as a Giant someday and later end up in their Ring of Honor, opines Paul Schwartz of the New York Post. His next step, though, will be to head to the open market, where he could find a fit with the Panthers, suggests Joseph Person of the Charlotte Observer. There’s already a connection between Carolina and Cruz: Panthers general manager Dave Gettleman was the Giants’ director of pro personnel when Big Blue signed the wideout as an undrafted free agent in 2011.

Giants Will Push To Re-Sign JPP

The Giants are parting with wide receiver and Victor Cruz and running back Rashad Jennings, whose releases will save the club $10MM in cap space. New York will attempt to use some of that money to retain its best pending free agent, defensive end Jason Pierre-Paul, as Mike Garafolo of NFL.com reports the team will “make a legitimate run” at re-signing JPP before the market opens March 9 (via Chris Wesseling of NFL.com).

Jason Pierre-Paul

At this time a year ago, Pierre-Paul was coming off a season limited to eight games and one sack as he tried to move on from a gruesome July 2015 fireworks accident. Thus, he settled for a one-year pact last offseason to remain a Giant. Now that he has reestablished himself as one of the NFL’s premier pass rushers, Pierre-Paul is unwilling to take another one-year deal and could target a contract similar to the one teammate Olivier Vernon signed with the Giants last offseason. Then a free agent, Vernon inked a five-year, $85MM deal featuring $52MM in guarantees.

Vernon signed in advance of his age-26 season and had posted four straight 16-game campaigns, whereas Pierre-Paul is a bit older (28) and has missed 12 contests over the past two years. Pierre-Paul played in 12 games before his 2016 ended in December on account of core muscle surgery, though he showed well with seven sacks and three forced fumbles. Pierre-Paul also ranked 13th among Pro Football Focus’ 109 qualified edge defenders and totaled the league’s 15th-most QB hurries (24).

Pierre-Paul has clearly set himself up for a raise, one that could lead the seven-year Giant to a new franchise, though Big Blue has used the franchise tag on him in the past and could do so again. At an estimated $16.955MM, the tag will be worth around $7MM more than Pierre-Paul’s $10MM salary from last season.

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Photo courtesy of USA Today Sports Images.

Giants Will Not Re-Sign Larry Donnell

The Giants are doing some major house cleaning today. Hours after releasing Victor Cruz and Rashad Jennings, the Giants have informed tight end Larry Donnell that he will not be re-signed this offseason, Mike Garafolo of NFL.com tweets"<strong

Donnell earned $1.671MM in 2016 but wound up with just 15 catches for 92 yards and one touchdown. Donnell broke out for the Giants in 2014, but he hasn’t been quite the same since suffering a severe neck injury in November 2015. That ailment was thought to be a potential career ender and its admirable that he was able to return at all. Unfortunately, the Giants don’t envision him getting back to his old form.

Donnell looked like a star in the making in ’14 when he caught 63 passes for 623 yards and six touchdowns. Since then, he has totaled just 44 catches for 315 yards and three scores. Now, at 28, he’s parting ways with the only NFL team he’s ever known.

The Giants still have Will Tye at tight end but they’re also likely to make an addition or two at the position.

RELATED:

Giants Release RB Rashad Jennings

This is shaping up to be a busy day for the Giants. The G-Men are releasing former starting running back Rashad Jennings, according to Jordan Raanan of ESPN.com (on Twitter). "<strong

[RELATED: Giants Release Victor Cruz]

Jennings was set to carry a cap charge of $3MM. By releasing him, the Giants will save $2.5MM.

The veteran running back was brought to New York in 2014 with the idea that he would be the team’s workhorse in the backfield. Instead, injuries held him back in two of his three seasons. In 2016, he averaged a paltry 3.3 yards per rush on 181 carries. Jennings made a name for himself in 2013 with the Raiders when he averaged 4.5 yards per carry and scored a career-high six touchdowns. Now on the verge of his 32nd birthday, it’s fair to wonder if he can get back to that level of production.

The Giants are now expected to turn to youngster Paul Perkins to hold down the running back job. As it stands, the Giants also have veteran Shane Vereen on the books for one more year at a roughly $5MM cap charge.

Giants To Release Victor Cruz

The Giants informed wide receiver Victor Cruz that he will be released, according to Art Stapleton of The Bergen Record (on Twitter). Cruz would have counted for $9.4MM against the Giants’ cap but his release this afternoon will free up $7.5MM in cap space. Victor Cruz (vertical)

Last year, Cruz accepted a pay cut which took his base salary from $7.9MM to just $1.3MM. This year, some expected the two sides to work out another pay slash which would allow the salsa dancing wide receiver to stay on board. For one reason or another, that did not come to fruition. For his part, Cruz was vocal about wanting to stay in New York, but he also admits that he’d like to perhaps go elsewhere and return to his roots.

That’s a good question. Maybe. You never know,” Cruz said earlier this month when asked about the possibility. “I think you’ve just got to take it as it comes, eat the food that’s given to you, and see how it tastes. That’s kind of the term I like to use. But we’ll see. Playing the slot is obviously something that I’m best at, and an opportunity to do that would definitely be great.”

This past season was Cruz’s first full campaign since 2013. In 15 games, he caught 39 of 72 targets for 586 yards and one touchdown. Cruz is still hoping to get back to his 2011-2013 form. In those seasons, he averaged 80 catches for 1,209 yards and eight touchdowns. He also earned his lone Pro Bowl selection in 2012.

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