Advertisement

Broncos won’t use franchise tag in 2024

As expected, the Denver Broncos will not use a franchise tag in 2024.

The deadline passed on Tuesday without the Broncos using the one-year tag. In the past, Denver has used a franchise tag eight times, most recently on safety Justin Simmons in 2020 and 2021 (before an extension).

Eight teams used the tag this year and a ninth team used a transition tag.

Denver had no obvious candidates for the tag this year due to its price. The team’s most notable in-house free agents this offseason are center Lloyd Cushenberry, linebacker Josey Jewell, safety P.J. Locke, kicker Wil Lutz and tight end Adam Trautman.

The cost of tagging a linebacker ($22,748,000), safety ($16,224,000), tight end ($12,027,000), offensive lineman ($19,885,000) or even a kicker ($5,670,000) would be much higher than what it would cost to give those players extensions.

So the Broncos are set to go into free agency with 16 in-house free agents scheduled to hit the open market. Denver needs to give those players extension by Monday if they don’t want them to negotiate with other teams.

See the NFL players that were tagged below.

2024 FRANCHISE PLAYERS

Club

     Player

     Position

Baltimore Ravens

   Justin Madubuike

   DT

Carolina Panthers

   Brian Burns

   LB

Chicago Bears

   Jaylon Johnson

   CB

Cincinnati Bengals

   Tee Higgins

   WR

Indianapolis Colts

   Michael Pittman

   WR

Jacksonville Jaguars

   Josh Allen

   LB

Kansas City Chiefs

   L’Jarius Sneed

   CB

Tampa Bay Buccaneers

   Antoine Winfield

   S

2024 TRANSITION PLAYERS

Club

     Player

     Position

New England Patriots

    Kyle Dugger

   S

The NFL’s negotiating window will open on March 11. The new league year (and official start of NFL free agency) begins on March 13.

Follow the Broncos Wire Podcast:
Apple Podcasts | Spotify | Google Podcasts

Story originally appeared on Broncos Wire