The Indianapolis Colts made the decision to place the franchise tag on wide receiver Michael Pittman Jr. after he had an impressive season with 109 receptions for 1,152 yards. The team and Pittman’s representatives were in negotiations for a long-term extension, but they were unable to reach a deal before the deadline.
The franchise tag, worth $21.8 million for wide receivers for the 2024 season, restricts Pittman’s ability to explore free agency options. While it allows both sides to continue working on a long-term deal, it limits Pittman’s freedom to negotiate with other teams.
This is the first time the Colts have used the franchise tag since 2013, when it was placed on punter Pat McAfee. The tag gives the Colts the right to match any offer Pittman receives from other teams or receive two first-round picks if he joins a new team.
Pittman has been a standout receiver for the Colts, ranking among the top receivers in the team’s history. Despite having different starting quarterbacks throughout his four seasons with the Colts, he has been a reliable target. He missed a game due to a concussion but has shown resilience on the field.
At 6-foot-4 and 223 pounds, Pittman provides a significant target for his quarterbacks and excels as a blocker in the running game. He has expressed excitement about the return of first-round pick Anthony Richardson and the potential impact on the passing game. Pittman’s future with the Colts seems promising, as he continues to be a key player on the team.
Overall, the Colts’ decision to place the franchise tag on Michael Pittman Jr. reflects their commitment to keeping a talented and productive player on their roster. While the tag may limit Pittman’s options in the short term, it provides both parties with the opportunity to work towards a long-term agreement. Pittman’s performance on the field and potential for growth make him a valuable asset to the Colts, and his impact on the team’s offense is undeniable. As Pittman continues to develop and make strides in his career, he has the potential to become an even more integral part of the Colts’ success in the future.
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