The low-round tender will cost the Buccaneers $1,671,000 for the 2016 season and give them the right of first refusal on any contract offer they receive. However, if they elect to not match an offer sheet, they would not receive any compensation for him.
Shepard, 25, wound up signing on with the Eagles as an undrafted free agent out of LSU back in 2013. He lasted just a few months with the Eagles before he was waived and later claimed by the Buccaneers.
In 2015, Shepard appeared in 13 games and caught three passes for 28 yards receiving and a touchdown.