2024 Franchise Players and Contract Numbers

The franchise tag deadline has come and gone and we had eight players receive the franchise tag this year and one player receive the transition tag. Here are the list of the franchise players and the one transition player along with their tenders for the year.

NameTeamPositionTag Value
Brian BurnsPanthersEDGE$24,007,000
Josh AllenJaguarsEDGE$24,007,000
Justin MadubuikeRavensDT$22,102,000
Tee HigginsBengalsWR$21,816,000
Michael Pittman, Jr.ColtsWR$21,816,000
L’Jarius SneedChiefsCB$19,802,000
Jaylon JohnsonBearsCB$19,802,000
Antoine Winfield, Jr.BuccaneersS$17,123,000
Kyle Dugger (transition)PatriotsS$13,815,000

It is important to note that until these players sign their tender they still have the same rights as any free agent in the NFL. They have permission to talk to other teams and to sign an offer sheet with another team. However, the if they do sign with another team the player’s current team has the right to match the offer or receive two first round draft picks as compensation if the player was franchised.  Teams can also work out other trade packages provided the value is no more than those two first round picks to execute a sign and trade agreement. The players are not considered under contract to the teams and are currently under no obligation to report to the team for any reason.

If the player signs the tender the salary listed above will be fully guaranteed for the year. The player would then be under contract to the team and have to report for mandatory offseason activities. They could also be traded after signing the tender without giving a team permission. If the player does not sign the tender it can be rescinded at any time though that rarely happens. Teams have until mid July to work out a long term contract with these players.

The big winners today were the players who were not franchised. The big names on that list are Christian Wilkins of the Dolphins, Kamren Curl of the Commanders, Xavier McKinney of the Giants, and Michael Onwenu of the Patriots. Each player will be free and clear to go and negotiate with all 31 other teams with no compensation attached to signing those players.