With the NFL’s franchise and transition tag window set to open on Tuesday at 4 p.m., Josh Allen, the star pass-rusher, is the center of attention in Jacksonville. The Jaguars are making every effort to keep one of the top pass-rushers in the NFL from going undrafted, and Allen is expected to get the franchise tag at some point during the next few weeks. There are various results if Allen is indeed tagged. One option is that the Jaguars then negotiate a long-term contract with Allen, which would reduce his 2024 salary cap hit as opposed to what the one-year tag would entail.
However, there is also the possibility that Allen plays the 2024 season on the tag. Allen will continue to be among the Jaguars’ highest-paid players even in that scenario. However, what would the price of the tag be? OverTheCap’s projections indicate that Allen’s franchise tag number may drop to one of two figures. Allen’s projected tag price, assuming the Jaguars choose to designate him as a linebacker, is $22,748,000. According to the annual value, Allen would be the eleventh highest-paid EDGE in this scenario.
The projected tag cost for Allen would be $20,205,000 if he is designated as a defensive end by the Jaguars. According to the annual value, Allen would be the ninth-highest paid EDGE in this scenario.
