The Bengals have made a significant move at the start of the offseason by placing the franchise tag on wide receiver Tee Higgins. This decision ensures that the Bengals have the option to retain Higgins for at least one more season. If a long-term agreement is not reached between the two parties before July 15, Higgins will be bound to a one-year deal with the team worth $21.816 million, which is the leaguewide franchise tag amount for wide receivers in 2024.
Higgins, a second-round draft pick in 2020, has proven to be a valuable asset for the Bengals in his first four seasons with the team. He has amassed impressive statistics, including 257 receptions for 3,684 yards and 24 touchdowns. Additionally, in seven postseason games, Higgins has contributed 31 receptions for 457 yards and three touchdowns. This consistent performance on the field has solidified his importance to the Bengals’ offense.
The franchise tag on Higgins marks the second consecutive offseason where his long-term future with the Bengals has been a topic of discussion. Despite his desire to stay in Cincinnati for multiple years, the negotiations for a contract extension have yet to be finalized. The Bengals’ decision to secure Higgins with the franchise tag highlights their commitment to keeping him in their lineup for the upcoming season.
Securing Higgins with the franchise tag adds to the high-priced talent that the Bengals have on their roster. With quarterback Joe Burrow’s record-breaking contract extension and the looming negotiations for wide receiver Ja’Marr Chase’s next contract, the Bengals are facing significant financial commitments to maintain their offensive firepower. However, the team’s willingness to prioritize retaining key players like Higgins demonstrates their dedication to building a competitive team for the future.
The Bengals’ decision to use the franchise tag on Tee Higgins sets the stage for another season with him as a key contributor to their offense. While negotiations for a long-term extension continue, the franchise tag ensures that Higgins will remain with the Bengals for the upcoming season, providing stability and continuity to the team. As the Bengals navigate their financial commitments to top talent like Higgins, Burrow, and Chase, their strategic decisions in player management will shape the future of the franchise on the field.
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