According to multiple reports, the Denver Broncos have placed the franchise tag on Justin Simmons. For safeties and a projected salary cap figure of around $200 million, this will put the one-year tag worth $11.545 million for Simmons.
That is likely to change as John Elway has repeated spoke of using the tag to get a long-term deal in place for Justin Simmons.
“We want him back,” Elway said during his end of the year press conference. “You know the options there. Before we came down, I talked to Justin and said, ‘You know what, we want you back.