The Denver Broncos have been trying to come to a long-term deal with kicker Matt Prater unsuccessfully. The team will now use its franchise tag on the kicker, according to a report by Adam Schefter of ESPN.
Broncos will use their franchise tag today on kicker Matt Prater.— Adam Schefter (@AdamSchefter) March 5, 2012
The franchise tag for kickers is projected at $2.9 million guaranteed for the 2012 season, which is what Prater will be paid if he signs and plays on the tender. Teams have until July 15 to work out a long-term contract and remove the franchise tag designation. Prater was a big piece to the Broncos puzzle during their six-game winning streak and trip to the NFL playoffs, successfully making some clutch kicks to win games or send them into overtime.
For more on Matt Prater and the Denver Broncos, visit SB Nation's Broncos blog Mile High Report.