George Pickens Signs the Franchise Tag on Wednesday

Dallas Cowboys wide receiver George Pickens signed the franchise tag on Wednesday, a source told Todd Archer of ESPN. Pickens will be guaranteed $27.3 million while playing for the Cowboys in 2026, but the organization has already said they won't sign the 25-year-old to a long-term extension before the July 15 deadline. Even though Pickens signed the franchise tag, he's expected to hold out during training camp this summer, and the Cowboys could decide to trade him for premium draft capital in 2027. If Pickens says in Dallas for the 2026 campaign, Dallas will have one of the league's top one-two punches at WR again with Pickens and CeeDee Lamb. Pickens led the Cowboys in receiving in 2025 in what was a career year, catching 93 of his 137 targets for 1,429 yards and nine touchdowns in 17 games played. He was the WR5 in half-PPR scoring, and as long as he stays in Dallas for the upcoming season, Pickens is going to be a pricey WR1 early in fantasy drafts later this year.

Source: ESPN Dallas - Todd Archer