The Baltimore Ravens made it officially on Friday, announcing that they were applying the franchise tag to running back Ray Rice.
The move had been reported and wide speculated and even expected by agent Todd France, who represents Rice, last week at the NFL Combine.
Rice and the Ravens are still expected to try and work out a long-term deal in the interim and have until July 15 to reach an agreement before the $7.7 million franchise tag would officially take place as Rice's 2012 salary.
Terry McCormick covers the Titans for TitanInsider.com
Check out our partners at TiqIQ for the best deals on all games on the 2014 NFL schedule.
AUG 26 Joel Corry
The highly productive Dallas wideout is headed for a big-time payday.
AUG 22 Ari Nissim
Ten players closing in on lucrative new paydays.
AUG 22 Joel Corry
Considered by many as a ‘red flag prospect’ during draft season, the Cincinnati linebacker continues to prove people wrong.