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NFL Announces Franchise, Transition Tag Salaries Ahead of 2022 Free Agency

NFL teams now know what it will cost them in 2022 if they want to place franchise or transition tags on players.

The league sent a memo to its teams revealing the numbers ahead of Tuesday's deadline:

Albert Breer

The NFL has sent official franchise and transition tag numbers to its teams. All are in the memo below. <a href="https://t.co/gV2iihdFaV">pic.twitter.com/gV2iihdFaV</a>

Teams have until 4 p.m. ET on Tuesday to place the franchise or transition tags on players, which will prevent them from entering free agency. Teams can designate one player with a tag to essentially lock them in for the 2022 campaign and perhaps open a larger window to discuss long-term contract extensions.