Tee Higgins Becomes Highest-Paid WR2 In NFL History
After signing wide receiver Ja'Marr Chase to a record four-year, $161 million deal with $112 million guaranteed on Sunday night, the Cincinnati Bengals then turned around and signed receiver Tee Higgins to a four-year, $115 million deal to make him the highest-paid No. 2 wideout in NFL history, according to FOX Sports' Jordan Schultz. The first two years of Higgins' new deal are guaranteed. Cincy put the franchise tag on Higgins for the second straight year, but it only served as a placeholder before they locked the 26-year-old up long term. Although the former second-rounder (33rd overall) in 2020 out of Clemson only played in 12 games (nine starts) in 2024 due to injuries, he excelled when on the field and finished with a 73-911-10 line. His 10 scores were a new career-high. Although Chase takes valuable targets away from Higgins, he still has two 1,000-yard seasons and two 900-yard seasons, making him a strong WR2 target in fantasy.
Bengals Making Headway On Contracts For Tee Higgins, Ja'Marr Chase
According to Ian Rapoport of the NFL, the Cincinnati Bengals have made "significant progress on massive contract extensions" regarding wide receivers Ja'Marr Chase and Tee Higgins. Per Rapoport, both players could have new contracts over the coming days. Quarterback Joe Burrow has advocated not splitting up the star wideouts, and he could get his wish granted in short order. Cincinnati has already franchise-tagged Higgins twice, so their only option is to pay, trade, or let him walk. More so, they've put off signing Chase to the bank-breaking deal he's deservedly owed as the price tag continues to rise after his stellar triple-crown winning 2024. It'd be an excellent move for the Bengals. However, the trick lies in not financially handicapping themselves for years to come. Rapoport notes there is still work to be done, but the ramifications of this situation only stand to benefit the team for the time being.
Bengals Telling Teams Tee Higgins Isn't Available Via Trade
The Athletic's Dianna Russini reports that multiple NFL teams have contacted the Cincinnati Bengals about the availability of wide receiver Tee Higgins after the Bengals placed the franchise tag on him on Monday, according to sources. Those teams have been told that Higgins remains unavailable as the Bengals work on giving him a long-term deal. Had the 26-year-old been allowed to reach the free-agent market next week, he would have been the top pass-catcher on the open market. But instead, it looks like the Bengals are going to keep him, at least for the 2025 season. If Cincy doesn't change their stance if contract talks break down, Chris Godwin would be the best free-agent wideout this offseason. Despite playing in only 12 regular-season games in 2024 due to injury, Higgins was the WR17 in half-PPR scoring with 73 receptions, 911 yards and 10 touchdowns. He'll be a strong WR2 if he stays in Cincy.
Bengals Officially Place Franchise Tag On Tee Higgins
Cincinnati Bengals wide receiver Tee Higgins announced on Monday that the team placed the franchise tag on him for the second straight year. This was the expectation all along as the Bengals keep Higgins from hitting the open market as they look to lock him into a long-term contract extension before the deadline on July 15. If Higgins and the Bengals cannot work out an extension, he'd make over $26 million in 2025. However, placing the franchise tag on the 26-year-old pass-catcher won't prevent the Bengals from trading Higgins, although their preference is to sign him to a long-term deal. Higgins' fantasy value for the 2025 season would most likely be higher if he went elsewhere, but he proved last year that he can still be a strong WR2 for fantasy managers despite being on the same team as All-Pro receiver Ja'Marr Chase. Despite missing five games due to injuries in 2024, Higgins finished as the WR17 in half-PPR scoring with a 73-911-10 line on 109 targets.
The New England Patriots are not expected to pursue pending free-agent Cincinnati Bengals wide receiver Tee Higgins. The Bengals are expected to use the franchise tag on Higgins in hopes of reaching a long-term extension, but the Patriots are out on Higgins either way, according to Chad Graff of The Athletic. Instead, New England is focused on building its offensive and defensive lines, something new head coach Mike Vrabel valued highly during his tenure with the Tennessee Titans. New England needs to get better at the wide receiver position, but it sounds like the team is not looking to spend big on a wideout this offseason.
Cincinnati Bengals director of personnel Duke Tobin said on Tuesday that he's "optimistic" about re-signing wide receiver Tee Higgins. "Our preference with Tee Higgins is to do a long-term extension," Tobin said. The Bengals are attempting to do some serious juggling to fit all their star players into the 2025 salary cap, but it is possible, even though they are fully expecting to make receiver Ja'Marr Chase the league's highest-paid non-quarterback in the NFL this offseason as well. To buy themselves some more time, Cincy is expected to place the franchise tag on Higgins for the second straight year. Although the 26-year-old played in just 12 games due to some injuries, he was money for fantasy managers when he was on the field by posting 73 receptions, 911 yards and a career-high 10 touchdowns on 109 targets. Higgins would probably have a higher fantasy ceiling elsewhere, but he'll be a solid WR2 if he stays in Cincy.
Cincinnati Bengals wide receiver Tee Higgins is expected to be franchise-tagged, according to James Rapien of SI.com. The team used the tag on him last offseason and is planning to do so again between February 18 and March 4 during the tag window. However, the organization is hoping to sign Higgins to a long-term extension this time around. The 26-year-old has hauled in 330 passes for 4,595 yards and 34 touchdowns in 70 games since being selected in the second round of the 2020 NFL Draft. Higgins caught a career-high 10 touchdowns in 2024. Surely, many franchises were hoping Higgins would hit the open market, but it appears the Bengals are doing everything they can to keep the former Clemson star in Cincinnati for the short and long-term future.
ESPN's Adam Schefter writes that the Cincinnati Bengals could work to re-sign impending free-agent wide receiver Tee Higgins before he officially becomes a free agent or put the $26 million franchise tag on him, which is lower than what he'd likely receive on the open market. The Bengals could also choose to tag and trade Higgins, but that option would require carrying their cap space past the new league year. Complicating matters is the fact that fellow wideout Ja'Marr Chase is entering the final year of his contract and will be looking to become the highest-paid receiver in NFL history in a deal that could average close to $40 million per year. Cincy has around $46 million in salary cap space, but it remains to be seen if they can pull off retaining both Higgins and Chase. Higgins has 34 touchdowns and two 1,000-yard seasons in five NFL seasons but could become a legitimate WR1 in 2025 if he leaves the Bengals.
Tee Higgins Expected To Receive At Least $30 Million Per Year In Free Agency
ESPN's Jeremy Fowler writes that team personnel that he spoke with think Cincinnati Bengals impending free-agent wide receiver Tee Higgins' market is $30 million per year, with most of them thinking he'll hit or clear the over on that mark. The lowest estimate is somewhere slightly above DeVonta Smith's three-year, $75 million deal. Higgins should do very well for himself in free agency because of his status as a No.1-caliber wideout and the fact that plenty of NFL teams are desperate for pass-catching help this offseason. If the Bengals wanted to, they could put the franchise tag on Higgins for less than $30 million in 2025, but the expectation is that they'll either sign him to an extension or let him walk. The 26-year-old has played in only 12 regular-season games in each of the last two years due to injuries, but when healthy, he's been productive. Higgins had a career-high 10 TDs and 911 receiving yards in 2024.
The top priority for the Cincinnati Bengals this offseason is signing All-Pro wide receiver Ja'Marr Chase to a long-term contract extension that is expected to make him the highest-paid non-quarterback in league history. Despite that, director of player personnel Duke Tobin said the team needs to find the "right number" to re-sign impending free-agent wideout Tee Higgins as well. Most folks have assumed that Higgins will leave in free agency, and even Tobin admitted "it's going to be hard" for the Bengals to bring Higgins back. Plenty of teams are in need of a receiver of Higgins' caliber, so he's likely to receive plenty of lucrative offers that will exceed what the Bengals are able to offer. It will all depend on if the 26-year-old is willing to accept a "hometown" discount to stay with Chase and quarterback Joe Burrow. Leaving Cincy would give Higgins a higher fantasy ceiling, depending on where he ends up.
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