"Colts Secure Michael Pittman Jr. with Franchise Tag"

The Indianapolis Colts have used their franchise tag on wide receiver Michael Pittman Jr., ensuring that he remains with the team for the 2024 season. This move allows the Colts to continue working on a long-term deal and prevents Pittman from entering the open market. While he can still negotiate with other teams, the Colts have the right to match any offer, and they would receive two first-round picks if he were to leave. The tag carries a cap number of $21.816 million, but Pittman is not obligated to sign it, although doing so would guarantee his salary for the 2024 season.