Posted Mon Mar 5th by Jon Heath
The Broncos had until Monday to reach a new contract with kicker Matt Prater, or slap him with a franchise tag. According to ESPN‘s Adam Schefter, the tag will come today.
The tag is a one-year deal worth $2.6 million and prevents Prater from being able to sign elsewhere in free agency while freeing the Broncos from a big money, long-term deal. Prater is now likely to receive his big contract next off-season.
Broncos will use their franchise tag today on kicker Matt Prater.
— Adam Schefter (@AdamSchefter) March 5, 2012
Prater’s right leg was responsible for several of Denver’s victories last season, as the twenty-seven year old veteran went 19-of-25 on field goals with a long of 59 yards. Also handling the kickoff duties, Prater had the highest touch-back percentage among kickers last season, with only 19-of-his-69 kickoffs being returned.
It’s great that Prater will now be under contract for at least this season. Mr. Clutch will have plenty more opportunities to be clutch again in 2012.