The Cincinnati Bengals and wide receiver Tee Higgins failed to reach a long-term deal before Monday's 4 p.m. ET deadline, meaning he will play the 2024-25 season on a one-year franchise tag, per ESPN's Ben Baby.
Higgins will earn $21.8 million this season from his franchise tender.
Higgins won't be able to sign an extension with the Bengals until after the regular-season finale. Following the end of the season, Higgins will have the opportunity to try to land a new deal in Cincinnati or explore free agency, though the team could also opt to use the franchise tag for the second straight year.