The Oakland Raiders have applied the franchise tag to defensive lineman Richard Seymour.
Ron Borges of the Boston Herald is reporting that the Raiders slapped Seymour with the tag — which comes with an offer of a one-year guaranteed contract worth $12.398 million — while the team and Seymour continue negotiations on a long-term deal.
Seymour said he would be “happy to stay with the Raiders and be a part of bringing them back to the playoffs.”
The Raiders acquired Seymour in a trade with the Patriots just before the start of the 2009 season. Not wanting to lose a player who cost them their 2011 first-round draft pick after just one season, the Raiders were widely expected to put the franchise tag on him if they couldn’t sign him to a long-term deal.