Cowboys officially place franchise tag on Dez Bryant

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Over the weekend, Cowboys executive vice president Stephen Jones said it “would be a stretch” for the team to reach agreement on a long-term deal with wide receiver Dez Bryant before the deadline to use the franchise tag.

There were no last-minute surprises and Dallas officially placed the tag on Bryant on Monday afternoon. If Bryant plays out the year under the terms of the tag, he’ll make $12.8 million in 2015 and be on track to become a free agent again next year.

During an appearance on Sirius XM NFL Radio with Bruce Murray and Rich Gannon on Monday, Bryant’s agent Tom Condon said that the tag was not a “terrible” thing and that talks will continue with the Cowboys on a multi-year extension. Condon gave no hint about Bryant’s plans to sign the tag, but he probably won’t be doing so immediately.

Bryant, who caught 88 passes for 1,320 yards and 16 touchdowns last season, joins Demaryius Thomas of the Broncos as receivers who have received the franchise tag on Monday.