Ravens defensive tackle Haloti Ngata signed his franchise tag tender, according to a league source.
The one-year contract is for $12.476 million, which is the average of the top five salaries at the defensive tackle position.
The tender is tied for the third-highest among the 14 players who received the franchise tag this season and the richest for a non-quarterback. Indianapolis' Peyton Manning would earn $23.1 million under the tag, and Philadelphia's Michael Vick would make an estimated $16 million.
"I'm happy that they want to keep me," Ngata told the team's web site. "Hopefully, we can work on something long term. I don't to play anywhere else."
The sides are expected to start negotiating on a long-term deal once the new collective bargaining agreement is reached. The last two players who have received the franchise tag from the Ravens – cornerback Chris McAlister and linebacker Terrell Suggs – eventually signed long-term contracts with the team.
The franchise tag allows teams to keep their most valuable free agent off the free-agent market.
Ngata is ultimately seeking a long-term deal that is similar to the one signed by rookie Ndamukong Suh, who signed a five-year, $68 million contract with Detroit that includes $40 million guaranteed.
Since being the 12th overall pick in the 2006 draft, Ngata is the anchor of a defensive line that has surrendered a league-low 31 rushing touchdowns and the NFL's second-fewest rushing first downs.
A breakdown of what the players will earn under their franchise tags: