The NFL's Deadline for signing franchised players to long term deals passed at 4PM ET on July 16th, so now it is time to do an inventory. One of the players who got a deal done was Baltimore Ravens RB Ray Rice as the multi-threat back got a 5-yr, $40 Million contact with $25 Million in guarantees

As expected, July 16th did bring some wheeling-and-dealing in the NFL as the deadline to sign franchised players to long-term deals passed.

CBA Rules stipulate, if a franchised player was unable to workout a long-term deal by 4:00 PM ET of the deadline date, then the player can only agree to play under the terms of their 1-year franchise deal for the upcoming NFL season (ex. New England Patriots WR Wes Welker's 1-year franchise deal for the 2012 season is for approximately $9.521 Million).

Now unfortunately NFL Holdout season will officially start as unsigned franchised players (see report below for names) are not mandated to report to training camp until they sign their 1-year franchise tenders.

So checkout an updated look at how NFL's 16 franchised players for the 2012 season have fared so far.

Here are the salaries for players tagged with the franchise tag for 2012. Quarterbacks: $14.436 million; Defensive Ends: $10.605m; Offensive Lineman: $9.383m; Linebackers: $8.856m; Cornerbacks: $10.281m; Wide Receivers: $9.515m; Running Backs: $7.742m; Defensive Tackles: $7.96m; Safeties: $6.212m; Tight Ends: $5.446m; and Kickers/Punters: $2.654m

2012 Franchise Tag Players – Updated as of July 17th

DE Cliff Avril, UFA,Detroit Lions (Has not signed his $10.605 M tender yet, possible holdout)

K Connor Barth, UFA, Tampa Bay Buccaneers (4-yr, $13.2M contract in May 2012)

WR Dwayne Bowe, Kansas City Chiefs (Has not 1-yr, $9.515M franchise yet, possible holdout)

SS Tyvon Branch, UFA, Oakland Raiders (4-yr, $26M deal with $17.1M guaranteed)

QB Drew Brees, UFA, New Orleans Saints (Received exclusive franchise tag, but later signed a 5-yr, $100M contract with an NFL Record $60M guaranteed and $40M on July 2012)

DE Calais Campbell, UFA, Arizona Cardinals (5-yr, $55M contract w/ $31M guaranteed, $15M SB)

TE Fred Davis, UFA, Washington Redskins (Has not signed 1-yr, $5.446M tender yet)

K Phil Dawson, UFA, Cleveland Browns (1-yr, $3.81M tender in March 2012)

RB Matt Forte, UFA, Chicago Bears (Signed a 4-yr, $32M deal with $18M guarantee right before deadline)

DB Dashon Goldson, UFA, San Francisco 49ers (Has not signed his 1-yr, $6.212M franchise tender yet)

S Michael Griffin, UFA, Tennessee Titans (5-yr, $35M deal w/ $15M guaranteed in June 2012)

CB Brent Grimes, UFA, Atlanta Falcons (Has not signed 1-yr, 10.281M franchise yet)

WR DeSean Jackson, UFA, Philadelphia Eagles (5-yr, $47M deal w/ $15M guaranteed in June 2012)

DE Robert Mathis, UFA, Indianapolis Colts (4-yr, $36M deal w/ $24M guaranteed, $15M SB in March 2012)

K Mike Nugent, UFA, Cincinnati Bengals (1-yr, $2.654M deal in April 2012)

K Matt Prater, UFA, Denver Broncos (4-yr, $13M w/ $4.25M guaranteed, $3M SB in July 2012)

RB Ray Rice, RFA, Baltimore Ravens (Signed a 4-yr, $32M deal with $18M guarantee right before deadline)

K Josh Scobee, UFA, Jacksonville Jaguars ((Signed a 4-yr, $14.2M deal with $4.75M guarantee right before deadline)

LB Anthony Spencer, UFA, Dallas Cowboys (Has not signed his $10.605 M tender yet)

P Steve Weatherford, UFA, New York Giants (5-yr, $12.75M in March 2012)

WR Wes Welker, UFA, New England Patriots (Signed 1-yr, $9.515M franchise, but trying for long term deal)

Lloyd Vance is the Editor for Taking It to the House , who is also an award-winning member of the Pro Football Writers of America (PFWA). Lloyd can be reached on Twitter @lloydvance

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