Bengals learn franchise tag, fifth-year option cap hits for key names

The Cincinnati Bengals wound up as big winners on Friday after the NFL announced the massive spike to the salary cap for the 2024 season.

That reveal means the Bengals get more free cap space to use than projected by quite a bit.

And alongside the announcement, the NFL also cemented specific numbers, such as the cost of a franchise tag for each positional group.

Of note, two official numbers for the Bengals, should they decide to use a tag on Tee Higgins or Jonah Williams:

  • WR: $21.8 million

  • OL: $20.9 million

Also of note for the Bengals, fifth-year option numbers, meaning Ja’Marr Chase:

  • WR: $21.8 million

Tender numbers for restricted free agents are also set:

Given the important key offseason dates, it won’t be long before the Bengals make decisions when it comes to tags and similar matters. As of now, Higgins getting the tag seems a given, barring a long-term contract extension, with Chase’s fifth-year option a given, too.

Story originally appeared on Bengals Wire