03-05-2024, 04:06 PM
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Colts tag WR Pittman Jr and continue contract talks -Update: New Deal 3 yr $70M
New deadline is July 15 for a deal or MPJ will play next season under the tag conditions.
https://twitter.com/TomPelissero/sta...05503523234112
Quote:
The Colts are placing the franchise tag on WR Michael Pittman Jr., per sources.
The tag is worth $21.816M.
The sides have been working on a long-term deal and those talks figure to continue.
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https://twitter.com/JoelAErickson/st...09294666498149
Quote:
Colts go non-exclusive with the franchise tag.
Under non-exclusive tag, Pittman can negotiate with other teams, and if he gets an offer elsewhere, Indy can either match the deal or get two first-round picks from his new team.
First time Colts have used tag since 2013.
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https://twitter.com/JoelAErickson/st...11243637920140
Quote:
The Colts kept negotiating with Pittman Jr. right up until the deadline, and my understanding is the two sides were not that far away.
Non-exclusive tag, in theory, allows Pittman to gauge value on open market while two sides keep working towards deal.
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Last edited by AlwaysSunnyinIndy; 03-11-2024 at 11:53 AM.
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