Ian Rapoport reports that the Bengals have officially placed the franchise tag on WR Tee Higgins.
The deadline for the Bengals to use the tag was March 5. However, the tag won’t prevent Cincinnati from negotiating a long-term extension in the coming months leading up to the July 15 deadline.
The franchise tag will cost the Bengals around $21.8 million fully guaranteed for the 2024 season.
Higgins, 25, is a former second-round pick by the Bengals in the 2020 NFL Draft out of Clemson. He just finished the final year of a four-year, $8,686,785 rookie contract and made a base salary of $2,993,000 in 2023.
Higgins is set to be an unrestricted free agent in 2024.
In 2023, Higgins appeared in 12 games for the Bengals and recorded 42 receptions on 76 targets for 656 yards receiving and five touchdowns.
We had him included in our Top 100 2024 NFL Free Agents list.
Looking for the latest NFL Insider News & Rumors?
Be sure to follow NFL Trade Rumors on TWITTER and FACEBOOK for breaking NFL News and Rumors for all 32 teams!
