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The Cincinnati Bengals informed impending free-agent wide receiver Tee Higgins on Friday that they will place the franchise tag on him, according to a source. Instead of trying to negotiate a long-term contract extension with Higgins right now, they will place the franchise tag on him by the deadline next week. This was always the most likely outcome for the 25-year-old, who played in just 12 games in 2023 due to injuries. He was a disappointment for fantasy managers, finishing with a career-low 42 catches on 76 targets for 656 yards and five touchdowns. Higgins could certainly bounce back with better health in 2024, but getting out from under the shadow of No. 1 receiver Ja'Marr Chase in Cincinnati would have been the best scenario for Higgins' fantasy value moving forward.--Keith Hernandez
Source: NFL Network - Ian Rapoport
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