The franchise tag deadline has come and gone, and three of the remaining seven players tagged received new long-term deals prior to 4 p.m. ET -- Jets defensive end Muhammad Wilkerson, Ravens kicker Justin Tucker, and Broncos linebacker Von Miller.
The four remaining players -- Redskins QB Kirk Cousins, Chiefs safety Eric Berry, Bears receiver Alshon Jeffery and Rams cornerback Trumaine Johnson -- have to play out the season on one-year deals that will pay them the average of the top-five players at their respective positions. A total of 10 players were received franchise tags this year.
A total of 10 players received franchise tags initially. The Panthers placed the tag on cornerback Josh Norman and then then renounced it. He later signed with the Redskins for $75 million. The Dolphins used the tag on defensive end and Olivier Vernon and then rescinded it. Vernon signed with the Giants for $85 million. Bills tackle Cordy Glenn agreed to a five-year, $65 million extension in May.
Here's a quick recap of the franchise tag fallout:
Wilkerson squeezes in $86M deal
CBS Sports NFL insider Jason La Canfora reports that the Jets and defensive end Muhammad Wilkerson managed to beat the deadline and agree on a five-year deal that sources said come in around $86 million in total with around $40 million in full guarantees and close to $55 million in injury guarantees.
Tucker, Ravens reach agreement
A bit of a shocker, considering how acrimonious negotiations became on Thursday, but kicker Justin Tucker has agreed to a new four-year deal with the Ravens, CBS Sports NFL insider Jason La Canfora confirms. ESPN's Adam Schefter reports that the deal is for $16.8 million, with $10.8 million guaranteed for the kicker. That $10.8 million figure easily surpasses the $10.1 million Stephen Gostokowski received as the highest guarantee given to a kicker.
For more details on Tucker's new contract, read here.
Cousins will play 2016 on tag
Though the Redskins have upped their offer to their starting quarterback, Kirk Cousins will play out 2016 on his franchise tag, NFL Network and CSN Mid-Atlantic report. The news doesn't come as a surprise, as Cousins was fully expected to bypass a new deal before Friday's dealing, according to previous reports.
Miller, Broncos agree to $114M deal
The Denver Broncos have agreed to a six-year, $114 million contract with star pass-rusher and reigning Super Bowl MVP Von Miller, La Canfora reports. The contract contains $70 million in guarantees, per NFL Network. For more on Miller's new deal, read here.
No deal for Berry, Chiefs
It appears Eric Berry will receive a $10.8 million salary in 2016, all of which counts against Kansas City's cap figure because it's a one-year deal. Rand Getlin of the NFL Network reports that Berry and the Chiefs will not reach a deal. CBS Sports' Joel Corry also notes that Kansas City is last in the NFL in salary cap room with slightly over $225,000 available.
Jeffery to play with the tag in '16
Receiver Alshon Jeffery didn't get the long-term deal he was seeking, but La Canfora notes that if Jeffrey has a quality season -- and stays relatively healthy -- they will be waving money at him in January. But for now he'll be playing on a one-year deal worth $14.599 million.
Rams, Johnson don't come to terms
The Rams will get cornerback Trumaine Johnson for another year -- this season he'll get paid $13.952 million -- but La Canfora reports that getting Johnson to agree to terms before the start of free agency next year may be close to impossible, too, with the rates of corners rising and the salary cap finally soaring.