DENVER, CO - DECEMBER 11: Place kicker Matt Prater #5 of the Denver Broncos watches his 59 yard field goal to tie the score 10-10 with the Chicago Bears with three seconds remaining in the game at Sports Authority Field at Mile High on December 11, 2011 in Denver, Colorado. Prater kicked the game winning 51 yard field goal in overtime as the Broncos defeated the Chicago Bears. (Photo by Doug Pensinger/Getty Images)
"Placing the franchise tag on Matt Prater ensures that he will be a Bronco in 2012," Executive Vice President of Football Operations John Elway said. "He is a very talented kicker and an important part of our team. This gives us the ability to continue working on a long-term agreement with Matt."
Prater is coming of a year in which made four game-winning field goals and led the league in touchback percentage (70.1% / 47-of-67). Overall, Prater connected on 19-of-25 field goals and 30-of-30 extra-point attempts during the regular season to finish with 87 points. He also made all four field goal attempts and converted on 5-of-5 PATs in two postseason games for the Broncos.
Entering his sixth NFL season in 2012, Prater ranks second in team history in field goal percentage (80.4% / 90-of-112)-just behind franchise leader Jason Elam (80.6% / 395-of-490). He owns the best field goal percentage from 50 or more yards (75.0% / 12-of-16) in NFL history (since 1970) and has converted on 28-of-29 (.966) career field goals in the fourth quarter or overtime.