The Chicago Bears announced that they have placed the franchise tag on running back Matt Forte.
A second-round pick out of Tulane in 2008, Forte earned a $600,000 in 2011, the final year of his four-year, $3.238 million rookie contract. Forte is reportedly seeking a contract in the $8 million per year range with over $20 million in guaranteed money. The Bears were offering Forte between $13-$14 million in guaranteed money on a multi-year extension during last season.
The franchise tag for running backs is projected to be worth $7.778 million in base salary, which would be guaranteed once Forte signs.
“Matt is an important part of our football team and we chose to utilize the franchise tag to ensure he remains a Bear,” said general manager Phil Emery. “We believe in Matt as a player and a person. Our intention is to continue to work to find common ground and keep Matt as a member of the Chicago Bears in 2012 and beyond.”
The Bears and Forte have until July 15 to reach a multi-year extension.
In 60 career regular season games, Forte has ran for 4,233 yards and 21 touchdowns with 223 receptions for 1,985 yards and eight touchdowns. Forte suffered a knee injury that ended his 2011 regular season in December, the first games he's missed during his career, but was medically cleared to participate in the Pro Bowl.
source: Mac's Football Blog
author: Brian McIntyre
photo: Jonathan Daniel - Getty Images
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