DeSean Jackson Has Yet to Sign His Franchise Tender. What’s the Deal?

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Whachu talkin' bout, Willis?

Eagles WR DeSean Jackson was pleased when the Philadelphia Eagles applied the franchise tag to him last week in order to prevent him from becoming a free agent. Jackson indicated that he would sign the franchise tender as soon as possible. And why wouldn’t he? Doing so will take him from making $600,00 to $9.4 million.

If anyone would like to could a deal like that for me, I am in.

Yet, Jackson still hasn’t sign the paperwork. What’s the deal?

Jackson, like the other 20 players around the league who also received the franchise tag, are at a standstill because teams do not yet know their exact salary cap numbers for 2012. Per ProFootballTalk, with just 5 days until the start of free agency, teams around the NFL don’t know how much room they have to work with.

From PFT:

Per a league source, the franchise tenders haven’t officially been extended to players like Jackson, who’ll be getting the non-exclusive amount for receivers (expected to be in the range of $9.4 million).  The tenders haven’t been extended because the amount can’t be determined.  The amount can’t be determined because the number is based on a percentage of the unadjusted salary cap.

So, um…what exactly is the holdup?

The NFL Network’s Jason LaCanfora says that the official numbers will be released on Friday. He says that the numbers for 2012 should be very similar to last season’s figure of $120 million.

We’ll see how long it takes Jackson to put his John Hancock on the tender that will give him an enormous raise–I’m guessing it won’t be long.

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