The Las Vegas Raiders and star running back Josh Jacobs have reportedly failed to reach a long-term extension by Monday’s franchise tag deadline.
Running backs in the NFL have faced brutal contract terms as the position has become readily more expendable by NFL executives hoping to find salary cap savings.
Driving the news: The Raiders had placed the franchise tag on Jacobs in March, meaning he would play on a $10.1 million deal for the upcoming season if he returns.
- The two sides had until Monday at 4 p.m. Eastern Time to reach a long-term extension to avoid the terms of the tag. They were reportedly unable.
Why it matters: Jacobs led the NFL in rushing yards last year, placing him in a strong negotiating position for a top-of-the-market contract amid declining values for running backs.
- The failure to reach an agreement could likely lead Jacobs to sit out training camp and even the upcoming season.
- Jacobs has been vocal about his position, previously describing himself as a “hero turned villain” if forced to play under the franchise tag.
What’s next: Jacobs doesn’t face financial consequences from missing training camp, but he would be forfeiting paychecks by not playing games.
