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Report: Jacksonville Jaguars place franchise tag on OLB Josh Allen

NFL Network’s Ian Rapoport reported on Tuesday afternoon that the Jacksonville Jaguars will be using its franchise tag on outside linebacker Josh Allen. He’s set to earn $24 million in 2024.

The #Jaguars are expected to place the franchise tag on pass-rusher Josh Allen, and he’s on the books for one year and $24M, source said. No surprise. The team has expressed confidence in getting a long-term deal.

— Ian Rapoport (@RapSheet) March 5, 2024

Allen is unlikely to sign the deal, at least not anytime soon. But by designating Allen before Tuesday’s 4 p.