NFL Media Insider Ian Rapoport reports that the Bears are giving Jeffery a non-exclusive franchise tag.
General manager Ryan Pace said last week from the NFL Scouting Combine he was "aggressively" negotiating a long-term deal with Jeffery. With the deadline to tag players approaching Tuesday, the Bears will use the leverage to hammer out a lengthy deal.
The franchise tag for receivers is $14.599 million in 2016.
There was no chance Pace was going to let his best offensive weapon walk out the door. When healthy and in shape Jeffery is a difference-maker who forces defense to roll coverage his way. The big-bodied receiver is one of the best high-point catchers in the NFL.
Injuries kept Jeffery off the field for seven games in 2015, earning 807 receiving yards on 54 catches after back-to-back 1,000-yard seasons.