The Bengals suffered through a Deion Sanders Jersey dour 2023 campaign, which came unglued after injuries to quarterback Joe Burrow and wide receiver Tee Higgins.Cincinnati doesn't seem too disheartened, though. Burrow's slated to make a full recovery from wrist surgery, while Ja'Marr Chase, Joe Mixon and Trey Hendrickson look poised to retain their spots as some of the league's greatest talents at their respective positions.As for Higgins, who enters the offseason as a free agent? Itseems he, too, will be back in burnt Leighton Vander Esch Jersey orange.The Bengals are planning to keep Higgins next season via franchise tag,. In that case, the 25-year old wide receiver will net a fully-guaranteed $21.8 million in 2024.Higgins powered through an injury-plagued season, reeling in 42 catches for 656 yards and five touchdowns in 12 games. He ranks as one of the league's best No. 2 receivers, forming a harrowing partnership with Chase.Some observers wondered whether Higgins would thrive as a No. 1 option elsewhere. However, the Bengals aren't interested in letting that po sibility come to fruition. DeMarcus Ware Jersey The franchise has until mid-July to iron out an agreement on a longer-term deal with the wide receiver. If they don't, Higgins will spend his 2024 season playing on the one-year tender.MORE: What is a franchise tag?Every offseason, teams can offer one player on an expiring deal a franchise tag. With the tag, the organization re-signs said player to a one-year tender.Franchise tags aren't created all the same. There are three different types of franchise tags, which each come with different stipulations.Non-exclusive franchise tagThis version of the franchise tag allows the player to ink an offer sheet with a competing side. In this case, the player's original team has the right to match the offer sheet. If the player goes to a new team, the original team will receive with two compensatory first-round draft picks.MORE:Exclusive franchise tagThis version of the franchise Trevon Diggs Jersey tag tethers a player to their original franchise. Under these conditions, an agent is unable to seek out an offer sheet from another organization.Transition tagThis version of the franchise tag works quite similarly to that of the non-exclusive franchise tag. However, in this scenario, if a team isn't able to match another side's offer sheet, it will not receive compensatory draft picks.Bengals salary cap space 2024, a dramatic increase from $224.8 million in 2023. Cincinnati sits $66.6 million below the salary cap ceiling as of Feb CeeDee Lamb Jersey . 24.