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The Cowboys officially placed the non-exclusive franchise tag on Pickens on Friday, Todd Archer of ESPN.com reports.

The transaction is confirmed by Patrik Walker of the team's official site. The non-exclusive franchise tag will allow Pickens to negotiate with other teams beginning with the start of the legal tampering period March 9, but it will also allow Dallas the right to match any offer extended to the breakout wide receiver. As with any franchise tag option, both sides will still have until mid-July to negotiate a potential multi-year deal, and Cowboys ownership has continually expressed a desire to keep Pickens around long-term. If no long-term extension is finalized, Pickens will be slated to play out the 2026 campaign on a fully guaranteed one-year, $28.8 million contract, per K.D. Drummond of USA Today.

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