Tuesday marks the first day of a two-week window during which NFL teams can use the Franchise or Transition tag on players set to become free agents.
Around The NFL's Chris Wesseling already weighed in on who is likely or unlikely to get slapped with the tag.
While we won't have an exact figure until after the salary cap is officially set, we do have a guesstimation.
NFL Media's Albert Breer reported in December that teams were given a projected 2016 cap of between $147 to $153 million. As Breer notes, the cap range given to teams for budgeting purposes tends to be on the low end. Therefore, if we use $153 million as our starting point (an increase of just under $9 million from last season) we can estimate the franchise tag cost for each position (transition tag in parenthesis).
Quarterback: $19.6 million ($17.5 million)
Defensive end: $15.4 million ($12.5 million)
Wide Receiver: $14.4 million ($12.0 million)
Linebacker: $14.0 million ($11.7 million)
Cornerback: $13.7 million ($11.7 million)
Offensive line: $13.5 million ($11.7 million)
Defensive tackle: $13.4 million ($10.7 million)
Running back: $11.5 million ($9.5 million)
Safety: $10.6 million ($9.0 million)
Tight End: $9.0 million ($7.6 million)
Kicker/Punter: $4.5 million ($4.0 million)
If the salary cap rises even more than $153 million, these one-year figures would also increase accordingly.