Ian Rapoport reports that the Jaguars are placing the franchise tag on OLB Josh Allen.
The franchise tag cost for a linebacker in 2024 is $24,007,000. This will give the two sides until mid-July to negotiate a long-term deal, otherwise Allen has to play out the tag.
Allen, 26, is a former first-round pick of the Jaguars back in 2019. He played out the fourth year of his four-year, $22,742,636 rookie contract that included a $14,560,100 signing bonus.
The Jaguars picked up the fifth-year option for Allen which saw him earn $11.5 million fully guaranteed for the 2023 season.
In 2023, Allen appeared in 17 games for the Jaguars and recorded 66 tackles, 17.5 sacks, one interception, and two forced fumbles.
We had him included in our Top 100 – 2024 NFL Free Agents list.
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