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Broncos place franchise tag on Justin Simmons

The Denver Broncos will likely not lose safety Justin Simmons this offseason. The two sides don’t have a deal in place, but the Broncos will use the franchise tag in the meantime.

 Denver Broncos free safety Justin Simmons (31) celebrates his interception in the fourth quarter against the Las Vegas Raiders at Empower Field at Mile High.  Ron Chenoy-USA TODAY Sports

As the Denver Broncos look to sign Justin Simmons to a long-term deal, the team officially exercised the franchise tag on their top free safety. Simmons is set to make $13,729,200 under the franchise tag if they don’t come to terms on a deal, with the league’s official salary cap set at $182.5 million.

Simmons finished out the season leading the Broncos with five interceptions and third-most tackles in 2020. PFF has ranked him as a top-12 safety for each of the past two seasons.

The Broncos have until 4 p.m. ET on July 15, 2021 to come to terms on a long-term contract. Otherwise, Simmons would look to play out the season on the franchise tag.