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Le'Veon Bell Franchise Tagged by Steelers: Latest Contract Details and Reaction

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After averaging a career-high 105.7 rushing yards in 2016, Le'Veon Bell cashed in this offseason, but he may have to wait at least a year to collect the long-term extension he likely desires.

The Pittsburgh Steelers announced Monday they used the franchise tag on Bell. General manager Kevin Colbert and team owner Art Rooney II will continue negotiations with Bell on a new multiyear contract, but placing the franchise tag on him secures the immediate future.

ESPN.com's Kevin Seifert estimated the 2017 franchise tag to be worth a little over $12.