Oakland Raiders defensive end Richard Seymour has signed his franchise tag, the team announced on Saturday.

The Raiders placed the "Exclusive Rights" tag on Seymour, which will pay the 30-year old $12.398 million dollars in 2010 if a long-term contract is not reached by July 15.

Acquired last September from the New England Patriots for a 2011 first-round draft pick, Seymour started all 16 games in his first season with the Raiders, totaling 47 tackles, including 4 quarterback sacks.

A first-round pick (6th overall) out of the University of Georgia by the New England Patriots in 2001, Seymour has 404 tackles, including 43 quarterback sacks, during his nine-year NFL career. Seymour helped the Patriots to three Super Bowl wins, and is a five-time Pro Bowler, three-time All-Pro, and a member of the NFL's All-Decade Team for the 2000s.