The move means Graham, barring a holdout, will almost certainly play for New Orleans next season for no less than the tight end franchise tag of $7.04 million.
It is also possible, under the NFL’s collective bargaining agreement, that Graham could be tagged as a receiver because of how often he lined up at that spot. That would carry a tag of $12.3 million.
The move, confirmed by team spokesman Greg Bensel, was expected as the two sides attempt to work out a long-term deal.
Afterward, Graham also wrote on his Twitter account, “Confirming it’s officially Franchisefriday… TAG … I guess I’m it.”
[tweet https://twitter.com/TheJimmyGraham/statuses/439528631384440833 align=’center’]