Earlier this offseason, the Ravens placed the franchise tag on star kicker, Justin Tucker. The franchise tag restricts the player it is assigned to from signing with any other team. If a long term extension is not worked out before July 15th, the tag becomes a one year deal, and the player is a free agent yet again at the end of the next season.
Currently under the franchise tag, Tucker has a one year $4.57 million contract. The Ravens know that they need to lock up Tucker for the long term, but have made no progress toward doing so.