Wednesday, September 16, 2026

NFL Teams Hand Out Nearly $100M in 1-Year Deals at Tag Deadline

Four NFL players are getting tagged this offseason, as the start of the 2026 league year draws near.

Matt Pendleton-Imagn Images

Four NFL players are getting tagged this offseason, as the start of the 2026 league year draws near.

The Colts placed the rarely used transition tag on quarterback Daniel Jones on Tuesday afternoon, just ahead of the 4 p.m. ET deadline for teams to decide on using their franchise or transition tags this year.

Jones, who started 13 games for Indianapolis in 2025 before tearing his Achilles tendon, played last season on a one-year, $14 million contract. The transition tag salary for quarterbacks in 2026 is $37.83 million. Jones can negotiate with other teams, but the Colts have the ability to match any offer he gets. 

Three other players have received the franchise tag, up from two last year:

  • Colts QB Daniel Jones: $37.83 million (transition tag)
  • Cowboys WR George Pickens: $27.3 million
  • Falcons TE Kyle Pitts Sr.: $16.3 million
  • Jets RB Breece Hall: $14.29 million

The franchise tag is more restrictive and expensive than the transition tag, as teams would have to give up two first-round draft picks to sign a player who was franchise tagged.

Jones is the first quarterback to receive the transition tag since the Falcons used it on Jeff George in 1996, and according to Spotrac, only 15 players in league history have been offered one. Jones’s NFL career earnings already stand at $122.83 million.

Cardinals Cutting Murray

The Cardinals informed quarterback Kyler Murray on Tuesday that they plan to release him before the new league year begins (March 11 at 4 p.m. ET).

Arizona already owes Murray $36.8 million in 2026, subject to offset language in his contract. That means another team could sign him for the league minimum for veterans of seven-plus years—$1.3 million—and the Cardinals would still have to pay the remaining $35.5 million.

“To everyone that supported me and showed kindness to my family and I during my time in AZ, from the bottom of my heart, thank you,” Murray, the No. 1 pick in the 2019 NFL Draft, wrote on social media. “I wanted nothing more than to be the one to end the 77 year drought for this organization, I am sorry I failed us. I wish this community and my brothers nothing but the best.”

The Cardinals hired new head coach Mike LaFleur this offseason, after firing Jonathan Gannon following three seasons in Arizona.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Sep 12, 2026; Baton Rouge, Louisiana, USA; LSU Tigers head coach Lane Kiffin reacts to an intercept by Louisiana Tech Bulldogs during the first half at Tiger Stadium. Mandatory Credit: Stephen Lew-Imagn Images

Oxford Bulking Up Police Presence for Lane Kiffin’s Return

Ole Miss coach Pete Golden asked fans to be rowdy but respectful.

Robert Kraft Confirms He Blocked Macklemore From Gillette Shows

The rapper’s performances in New Jersey featured pro-Palestinian messaging.

Stephen A. Smith: McAfee Has a ‘Different Set of Rules’ at ESPN

Smith signed a nine-figure contract with ESPN last year.
Sep 11, 2026; Melbourne, AUS; San Francisco 49ers wide receiver Mike Evans (5) makes a touchdown catch over Los Angeles Rams cornerback Jaylen Watson (35) in the second half at Melbourne Cricket Ground. Mandatory Credit: Kirby Lee-Imagn Images

Netflix’s Australia Game Ties YouTube’s NFL Numbers From Brazil

The subscription streaming service posted an increase in global viewership.
podcast thumbnail mobile
Front Office Sports Today

A Conversation with Ndamukong Suh & Jay Williams on the Business of Life After Sports

0:00

Featured Today

Oct 4, 2025; Tempe, AZ, USA; General action during the first period of the game between the Arizona State Sun Devils and the Penn State Nittany Lions at Mullett Arena

How Military-Style Workouts in College Sports Get Dangerous

For elite athletes, high-intensity training can be “very appealing.”
September 6, 2026

Is Carolyn Tisch Blodgett the Future Face of Giants Ownership?

Amid changes at top of Giants ownership, eyes are on Tisch Blodgett.
September 4, 2026

Wild Transfer Window Shows How Premier League Towers Over Soccer

Spending in England vastly outstripped the rest of Europe.
September 3, 2026

Teams Are Spending Millions to Build Luxury Locker Rooms

It’s a recruiting pitch, a retention tool, and a seven-figure line item.
September 1, 2026

High School Football Sidelines Are Clogged With Content Creators

Administrators call these amateur newcomers the “pajama paparazzi.”
Adam Silver, NBA commissioner, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 7, 2026.

Clippers Controversy Hangs Over NBA Board of Governors Meeting

Adam Silver is expected to hold a press conference Tuesday.
Tennis - U.S. Open - Flushing Meadows, New York, United States - September 12, 2026 Belarus' Aryna Sabalenka enters the court ahead of her final match against Kazakhstan's Elena Rybakina IMAGN IMAGES via Reuters/Geoff Burke
September 14, 2026

Top Tennis Players Pause Public Battle With Grand Slams

It’s not clear which players will be part of the new council.
September 14, 2026

NFL Kickoff Ratings Dip on Wednesday

Viewership surprisingly fell for the NFL’s season opener.
Sponsored

Drew Weatherford’s Bet on the Youth Sports Economy

Drew Weatherford discusses investing across the youth, college and professional levels.
September 14, 2026

NFL Gets Explosive Sunday of Scoring After Sluggish Start

Teams put up 791 points, tying the high mark from 2012.
September 13, 2026

Zverev Beats Shelton as American Men’s Grand Slam Drought Continues

Zverev won the US Open for his second Grand Slam of 2026.
September 13, 2026

Brewers, Rays Make Playoffs, Complicating MLB Labor Fight

The Brewers and Rays both have below-average payrolls.
Tennis - U.S. Open - Flushing Meadows, New York, United States - September 9, 2026 Spain's Carlos Alcaraz fells during his quarter-final match against Ben Shelton of the U.S. REUTERS/Eduardo Munoz
September 12, 2026

No Quick Fixes Coming for US Open’s Late Nights

While Wimbledon has a curfew, the other three majors don’t want one.