Barrett intends on signing the franchise tag if he and the Buccaneers are unable to work out a long-term deal, Rick Stroud of the Tampa Bay Times reports.

Barrett remains hopeful both parties can reach an agreement on a new contract but now is willing to accept the franchise tag if it comes down to it. Previously, it was reported that he was uncertain about signing it. It sounds look he's come to terms with how negotiations are difficult given the NFL's uncertain financial future in the current sports landscape. The 27-year-old recorded 55 tackles (42 solo), one interception and a career-high 19.5 sacks in his first season with Tampa Bay last year.

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