Which Version of Franchise Tag Would Ravens Apply to Jackson?
If a contract extension for Lamar Jackson doesn’t get done before the 2023 season, the Ravens would have to apply the franchise tag.
Pro Football Talk’s Mike Florio posed the question of which tag the Ravens would use — the exclusive version or the non-exclusive version?
“The non-exclusive version was $29.7 million in 2022. If the salary cap increases by 15 percent for 2023, the non-exclusive tender will land in the range of $34 million,” Florio wrote. “The exclusive version will be driven by the average of the five highest cap numbers at the position in 2023. Based on current 2023 cap numbers, that would be $45.4 million.
“The difference is significant. In 2024, it would become even sharper. With a 20-percent raise, the non-exclusive franchise tender would become $40.8 million. The exclusive tender would be $54.54 million. Over two years of the tag, that’s $74.8 million under the non-exclusive tag and nearly $100 million…