The Cincinnati Bengals wound up as big winners on Friday after the NFL announced the massive spike to the salary cap for the 2024 season.
That reveal means the Bengals get more free cap space to use than projected by quite a bit.
And alongside the announcement, the NFL also cemented specific numbers, such as the cost of a franchise tag for each positional group.
Of note, two official numbers for the Bengals, should they decide to use a tag on Tee Higgins or Jonah Williams:
- WR: $21.8 million
- OL: $20.9 million
Also of note for the Bengals, fifth-year option numbers, meaning Ja’Marr Chase:
- WR: $21.8 million
Tender numbers for restricted free agents are also set:
Restricted free agent tender numbers are also now set for 2024: pic.twitter.com/ne5eoyMh8c
— Tom Pelissero (@TomPelissero) February 23, 2024
Given the important key offseason dates, it won’t be long before the Bengals make decisions when it comes to tags and similar matters. As of now, Higgins getting the tag seems a given, barring a long-term contract extension, with Chase’s fifth-year option a given, too.
