The Raiders have officially placed the franchise tag on Josh Jacobs, according to multiple reports. Jacobs will earn $10.1 million playing on the tag next season if the two sides can’t come to an agreement on a new long-term contract. The NFL’s 2023 deadline for franchise tag players to work out contract extensions with their respective teams is July 17.
Jacobs has a calculated four-year market value of $51.4 million, or $12.8 million annually, according to Spotrac. He was No. 11 on FOX Sports’ Top 50 NFL Free Agents for the 2023 offseason.
[2023 NFL free-agent top-50 rankings: Lamar Jackson atop deep group of QBs]
During his time with the Raiders, Jacobs earned two Pro Bowl nominations and was named to the Pro Football Writers of America All-Rookie Team in 2019. Last season, Jacobs led the NFL with 1,652 yards and also record 12 touchdowns, 400 receiving. yards and 2,053 all-purpose yards. He was named First Team All-Pro for his efforts.
The Raiders selected Jacobs with the 24th overall pick in the 2019 NFL draft out of Alabama.
The Raiders have used the franchise tag on only five other players in their storied history: franchise icon and Hall of Famer Charles Woodson (2004 and 2005), Woodson’s fellow cornerback Nnamdi Asomugha (2008 ), defensive lineman Richard Seymour (2010), linebacker Kamerion. Wimbley (2011) and safety Tyvon Branch (2012).
Woodson now serves as a college football and NFL analyst for FOX Sports and most recently was the executive producer and subject of the FOX Sports Films documentary “The Perfect Ten.”
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