Colts give punter McAfee franchise tag

The Indianapolis Colts have given punter Pat McAfee the
franchise tag, meaning he will be paid $2.977 million this season
if he doesn’t reach a long-term contract with the team.

McAfee finished his fourth NFL season ranked fifth in the league
in punting with a 47.9-yard average. His 40.3-yard net average was
the best of his career.

McAfee also handles kickoffs for Indianapolis.

Under the franchise tag in 2013, a player is paid according to a
formula based on salaries for the past five years at the position
and their percentage of the total salary cap. With the
non-exclusive tag, his team has the right to match any offer sheet,
or get two first-round draft picks in return for allowing him to
leave.

An exclusive tag ties him to his current team at a higher, but
as-yet-undetermined price, for one season.