Tight end Fred Davis has signed his franchise-player tender with the Washington Redskins, the team announced Friday.
It’s a one-year contract worth $5.446 million. With Davis’s signature, it becomes guaranteed.
The Redskins named Davis their franchise player to limit his mobility on the free agent market. The move gave the team the right to retain Davis by matching any contract offer he would have received from another club, and the right to receive two first-round draft picks as compensation from Davis’s new team if the Redskins had permitted him to leave.
Instead, Davis has signed the deal and takes himself off the free agent market entirely.