Tee Higgins Rumors: NFL Teams See 'Tag-and-Trade' as Possibility amid Contract Talks

It seemed like Tee Higgins would be with the Cincinnati Bengals for at least the 2025 season when the wide receiver himself broke news Monday that the AFC North team placed the franchise tag on him.
However, that might not be the case.
"There are people across the league who believe that this could wind up being a tag-and-trade," ESPN's Adam Schefter reported (4:30 mark). "Now we don't know whether that will happen. But I can tell you that there are people around the league who believe a tag-and-trade is possible here with Tee Higgins despite the fact that the Bengals have said their intent is to sign him to a long-term deal."
Schefter mentioned that Cincinnati has publicly expressed its desire to keep Higgins beyond the 2025 campaign, and NFL Network's Ian Rapoport reported the team hopes Monday's franchise tag will be "a place holder for a long-term deal."
Bengals director of player personnel Duke Tobin also told reporters last week "you know how I feel. I want him on my football team. I'll do what I can to get Tee Higgins. The preference is a long-term deal, and they're working to get it done."
Tobin also said the team wants to make fellow wide receiver Ja'Marr Chase the highest-paid non-quarterback in the league. Chase is entering the final season of his contract, as is pass-rusher Trey Hendrickson.
While there is no questioning Higgins' talent, signing him to a long-term deal on top of a contract that could make Chase the highest-paid non-quarterback in the league would be quite a financial commitment to two players at the same position.
Considering Cincinnati's defense is largely what held it back from making the playoffs in 2024, trading Higgins could allow the front office to address multiple other positions while still keeping enough money available to pay Chase and Hendrickson.
Placing the franchise tag on the Clemson product when they did at least gives the Bengals more options, as they can now negotiate a long-term deal or even trade him without having to worry about losing him for nothing in free agency.
Trading him would go against the public statements that have been made, although perhaps the team will change its tune if a potential suitor comes along with a significant offer.