The Indianapolis Colts have made a significant move to secure the future of their wide receiver corps by using the franchise tag on Michael Pittman Jr. for the 2024 season. Colts General Manager Chris Ballard had previously expressed his confidence in Pittman’s abilities and his desire to keep him on the team, and this move solidifies that commitment.
According to multiple reports, the franchise tag ensures that Pittman will remain with the Colts for at least one more season. This gives the team the opportunity to continue working on a long-term deal with the talented receiver. By using the franchise tag, the Colts also prevent Pittman from becoming a free agent and potentially signing with another team.
While Pittman is still allowed to engage in discussions with other teams, the Colts have the right to match any offer he receives. If Pittman were to sign with another team, the Colts would be entitled to two first-round draft picks as compensation. This demonstrates just how highly the Colts value Pittman and their determination to keep him in Indianapolis.
However, it’s important to note that Pittman is not obligated to sign the franchise tag. If he does choose to sign it, his salary for the 2024 season would be guaranteed. The Colts will have to account for Pittman’s cap number of $21.816 million in the new league year, which could impact their ability to make other roster moves.
The announcement of the Colts’ decision to use the franchise tag on Pittman came later in the day, with an official statement from the team confirming the move. This news further solidifies Pittman’s importance to the Colts’ future plans and highlights their commitment to building a strong receiving corps around him.
Pittman, a second-round draft pick in 2020, had an impressive sophomore season in 2021. He emerged as a reliable target for quarterback Carson Wentz and showcased his versatility as both a possession receiver and a deep threat. Pittman finished the season with 1,025 receiving yards and 10 touchdowns, establishing himself as a key playmaker for the Colts’ offense.
The franchise tag decision not only speaks to Pittman’s individual talent but also reflects the Colts’ confidence in their overall offensive strategy. With Pittman locked in for another season, the team can continue to build chemistry and develop their passing game. This move also provides stability for Wentz, who will have a familiar and reliable target to rely on in critical situations.
As the Colts look ahead to the 2024 season, they have taken a proactive step in securing the services of one of their most promising young talents. The franchise tag ensures that Michael Pittman Jr. will remain a vital part of the Colts’ offensive arsenal, giving them a strong foundation to build upon as they strive for success in the coming years.
