Updated NFL franchise tag values for 2023 offseason
As of Tuesday, NFL players can officially receive franchise and transition tag designations.
The New England Patriots tagging a player this offseason probably isn’t happening, but if it did, the only real long-shot options would likely be wide receiver Jakobi Meyers or cornerback Jonathan Jones.
Of course, the hefty price tag would probably have the team running in the other direction, but those are the two most valuable pending free agents for the Patriots right now.
Consider the franchise tag a one-year placeholder for teams looking for more time to agree on a new contract or trade a player without another team’s involvement. However, a transition tag allows the player to seek a new contract in free agency, but the team will have an opportunity to match whatever offer is on the table to keep that player on the roster.
Here are the franchise tag values at each position in 2023.
Quarterback: $32.4 million
Tommy Gilligan-USA TODAY Sports
Linebacker: $20.9 million
Billie Weiss/Getty Images
Wide Receiver: $19.7 million
Brian Fluharty-USA TODAY Sports
Defensive end: $19.7 million
Tim Nwachukwu/Getty Images
Defensive tackle: $18.9 million
AP Photo/Winslow Townson
Offensive lineman: $18.2 million
AP Photo/Don Wright
Cornerback: $18.1 million
AP Photo/Don Wright
Safety: $14.4 million
Brian Fluharty-USA TODAY Sports
Tight end: $11.3 million
Nathan Ray Seebeck-USA TODAY Sports
Running back: $10 million
AP Photo/Lynne Sladky
Special teams: $5.3 million
Kirby Lee-USA TODAY Sports