"Hall's tag is the non-exclusive version ($14.293 million), meaning he can negotiate with other teams and sign an offer sheet. The Jets have the right of first refusal and would receive two first-round draft picks as compensation if they decline to match -- a prohibitive price for a running back."
"General manager Darren Mougey, speaking last week at the NFL scouting combine, gave no indication that a trade is under consideration. He said Hall "is a good player and we want to find a way to keep him around.""
"The two sides were unable to reach a deal after at least two weeks of active negotiations, a source said. The Jets and Hall have until July 15 to reach a long-term agreement. Failing that, he will play the 2026 season for $14.293 million, which counts immediately on their current salary cap."
The New York Jets used the non-exclusive franchise tag on running back Breece Hall before the Tuesday deadline, valuing him at $14.293 million. This tag allows Hall to negotiate with other teams and sign offer sheets, but the Jets retain the right of first refusal and would receive two first-round draft picks as compensation if they decline to match any offer. General Manager Darren Mougey indicated the team wants to keep Hall long-term. The two sides failed to reach a long-term deal after two weeks of negotiations and have until July 15 to finalize an agreement. This marks the Jets' first franchise tag use since 2021 when applied to safety Marcus Maye.
Read at ESPN.com
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