Monday is the first day in which teams can place their franchise tag on players, which means the Ravens will officially begin their pursuit of signing Ray Rice to a contract extension. The team is expected to have some contact with Rice's agent, Todd France, this week at the Scouting Combine in Indianapolis. If an agreement isn't reached by the March 5 deadline for teams to apply the franchise tag, the Ravens have indicated that they will use the tag to keep Rice under contract for 2012.