|Broncos franchise Matt Prater|
by Aaron Wilson of Scout.com, March 5, 2012 at 2:50 pm ET
Matt Prater Profile
The Denver Broncos have franchised standout kicker Matt Prater, at a cost of $2.66 million.
The figure is guaranteed once he signs the one-year tender.
"Placing the franchise tag on Matt Prater ensures that he'll be a Bronco in 2012," Broncos executive vice president of football operations John Elway announced. "Matt's a very talented kicker and important part of our team. This gives us the ability to continue working on a long-term agreement."
The Broncos have until July 16 to sign Prater to a long-term deal. Otherwise, he'll play the entire season under the franchise designation
Prater established himself as an excellent kicker over the past season.
He connected on 19 of 25 field goals, including seven in the fourth quarter or overtime during four of the Broncos' eight victories.
Prater booted a dramatic 59-yard field goal in a win over the Chicago Bears.
A former undrafted free agent from Central Florida, Prater has previous stints with the Miami Dolphins, Detroit Lions and the Atlanta Falcons.
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