Tee Higgins Receives Second Consecutive Franchise Tag
On Monday, Cincinnati Bengals wide receiver Tee Higgins announced via social media that the team has placed the franchise tag on him for the second consecutive year. Higgins, known for his brevity, simply posted "tag" to confirm the news, which was already anticipated. The Bengals officially confirmed the franchise designation and expressed their intent to continue working toward a long-term deal with the 26-year-old receiver. Higgins, a five-season NFL veteran, has been a cornerstone of the Bengals’ offense since being drafted in the second round of the 2020 NFL Draft. His importance to the team is evident, and the franchise tag ensures his presence in Cincinnati for at least one more season.
Higgins’ Impact and Contract Details
Higgins’ value to the Bengals is undeniable. In 2022, he played in 12 games and recorded 73 catches for 911 yards and a career-high 10 touchdowns. His production earned him $21.8 million on the franchise tag last season, and he is set to receive a 20% raise to $26.2 million for the 2025 season if he plays under the tag again. Despite not reaching a long-term extension last year, Higgins remained a key player for the Bengals, contributing significantly to their offensive success. The team and Higgins still have until July 15 to work out a multi-year deal, providing a window of opportunity to secure his future in Cincinnati.
High-Stakes Offseason for the Bengals
The Bengals’ decision to franchise Higgins is just one part of a high-stakes offseason for the organization. Alongside Higgins, All-Pro wide receiver Ja’Marr Chase is also due for a contract extension. Chase is scheduled to play next season on the fifth-year option of his rookie deal, which is worth $21.8 million. However, Chase, like Higgins, is expected to demand one of the richest contracts in the league. The Bengals’ director of player personnel, Duke Tobin, has already stated their goal to make Chase the highest-paid non-quarterback in the NFL, a commitment that underscores the team’s investment in their receiving corps.
Contract Negotiations and Market Trends
The market for top receivers is highly competitive, and the Bengals are aware of the need to keep Higgins and Chase among the best-paid players at their position. Minnesota Vikings receiver Justin Jefferson currently holds the title of the NFL’s highest-paid receiver with a four-year, $140 million contract. The Bengals will be navigating these competitive market trends as they negotiate with Higgins and Chase, aiming to keep the duo happy and locked into long-term deals. The success of these negotiations could significantly impact the team’s future and their ability to compete at the highest level.
Defensive Upgrades and Salary Cap Challenges
While the offensive side of the ball is receiving significant attention, the Bengals also face the challenge of upgrading their defense. Last season, the Bengals’ defense ranked 25th in both yards and points allowed, a concerning statistic that contributed to their playoff miss. Despite a potent offense led by quarterback Joe Burrow, offensive coordinator Brian Callahan, and the dynamic receiving duo of Higgins and Chase, the defense’s shortcomings were evident. The Bengals have approximately $43.9 million in salary cap space, the 14th most in the NFL, which provides some flexibility but also highlights the financial constraints the team must manage.
Looking Ahead to the Future
The Bengals’ offseason will be crucial in determining their trajectory for the coming years. Securing long-term deals for Higgins and Chase is a top priority, as these players are integral to the team’s success. Upgrading the defense and addressing other roster needs will also be essential if the Bengals hope to return to the playoffs and contend for a championship. The franchise tag for Higgins buys the team some time, but the clock is ticking. The Bengals must balance their financial resources and strategic priorities to build a well-rounded team that can compete at the highest level. With the right moves, the Bengals have the potential to become a dominant force in the NFL.
