Trey Smith’s Franchise Tag Deadline Looms

11 months agoUS
Trey Smith’s Franchise Tag Deadline LoomsSource: nytimes.com
As the NFL's franchise tag deadline approaches, the Kansas City Chiefs and offensive guard Trey Smith are in negotiations. The deadline is July 16th, 4 p.m. ET. Smith, along with Bengals wide receiver Tee Higgins, were the only two players to receive the franchise tag this offseason. While Higgins secured a four-year, $115 million deal, Smith's future remains uncertain. This article summarizes the situation and other key NFL updates.

Key Insights

Trey Smith is one of only two players franchise-tagged this offseason, highlighting his value to the Chiefs.

If Smith plays under the franchise tag, he'll earn $23.4 million in 2025, surpassing the average annual salary of the highest-paid guard, Landon Dickerson.

The Chiefs are keen to secure a long-term deal with Smith to avoid a substantial salary cap hit and maintain offensive line stability. They already traded away Joe Thuney.

Garrett Wilson received a four-year, $130 million extension from the Jets, making him the fifth-highest-paid receiver in the NFL. This shows the Jets' commitment to building around their star receiver.

The Buccaneers will celebrate their 50th season by wearing their original 1976 Creamsicle uniforms for their home opener against the Jets.

The Commanders are retiring Art Monk's No. 81, making him only the sixth player in franchise history to receive this honor.

In-Depth Analysis

Trey Smith's situation with the Chiefs is complex. If Smith doesn’t sign a long-term deal by the deadline, he’ll be locked in to play a one-year deal worth $23.402 million. NFL rules prohibit players playing on the franchise tag from negotiating toward a new deal until after the conclusion of the current season, so the Chiefs and Smith’s camp would have to wait to return to the negotiation table.

Smith is probably hoping to reset the guard market and top the four-year, $84 million deal that Landon Dickerson received from the Philadelphia Eagles in 2023. That contract features an average salary of $21 million per season. Smith — if he does indeed play on the tag — would draw more for that single season than Dickerson’s average, and it would benefit the Chiefs to work out a long-term deal rather than have to franchise Smith a second season, which would translate into a $28.082 million salary for 2026.

Garrett Wilson's extension with the Jets underscores the team's faith in his abilities, despite the team’s QB carousel. His $32.5 million annual salary places him among the top-paid receivers, signaling his importance to the Jets' future.

Several teams are making strategic moves to bolster their rosters and celebrate their histories, from the Buccaneers' throwback uniforms to the Commanders' honoring of Art Monk.

FAQs

What is a franchise tag in the NFL?

A:: A franchise tag is a one-year contract that an NFL team can issue to keep a top player from entering free agency.

What happens if Trey Smith doesn't sign a long-term deal?

A:: He will play under the franchise tag for 2025 with a fully guaranteed $23.4 million salary.

How much is Garrett Wilson's extension with the Jets?

A:: A four-year, $130 million deal with $90 million guaranteed.

Key Takeaways

Stay informed about key NFL player contracts and team strategies. The franchise tag deadline impacts player salaries and team cap space. Keep an eye on the Chiefs and Trey Smith's negotiations. Also, note the Jets' investment in Garrett Wilson and the Buccaneers' tribute to their history with throwback uniforms.

Discussion

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