Justin Simmons’ franchise tag number becomes clearer after NFL sets salary cap

NFL players voted to approve a new CBA on Sunday. After that, the league announced its salary cap number for the 2020 season.

After learning of the new $198.2 million salary cap, former NFL agent Joel Corry tweeted his franchise tag projections for this season. Corry predicts that safeties will earn $11.441 million if tagged this year.

My projections of franchise tags with $198.2M salary cap.

CB: $16.338M
DE: $17.788M
DT: $16.126M
LB: $15.829M
OL: $14.781M
P/K: $5.105M
QB: $26.824M
RB: $10.278M
S: $11.441M
TE: $10.607M
WR: $17.865M

— Joel Corry (@corryjoel) March 15, 2020

The Broncos used their franchise tag on safety Justin Simmons so if the team does not agree to a multi-year contract extension with him, Simmons will have a cap hit worth about $11.441 million in 2020.

Denver hopes to reach a long-term agreement with Simmons so his cap hit may end up changing between now and mid-July. The Broncos are projected to have around $38.8 million in salary cap space.