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Jets Place Franchise Tag on Running Back Breece Hall, Will Pay Him $14.3 Million if He's on 2026 Roster

  • On Tuesday, the Indianapolis Colts placed a $37.8 million transition tag on Daniel Jones, while the New York Jets used the franchise tag on Breece Hall at the 4 p.m. ET deadline.
  • Colts brass opted for the transition tag after Jones' torn right Achilles and stalled extension talks, while Jets brass tagged Hall following trade rumors and failed negotiations.
  • Rarely used, the transition tag surfaced again after a multi-year gap as four tags this year surpassed last year's two, with George Pickens and Kyle Pitts receiving $27.3 million and $15 million franchise tags.
  • Jones can sign an offer sheet when free agency opens March 11, with the Colts having five days to match, while tagged players can negotiate extensions through July 15.
  • Hall's tag reshapes the running back free-agent landscape for 2026 by removing a premier back from the 2026 running back free-agent class that includes Kenneth Walker III.
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profootballrumors.com broke the news in on Tuesday, March 3, 2026.
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