The argument against franchising Jones is that it screws up the teams contract timelines a bit. You want the last year of his contract (or an easy out the following year) to be 2024 to account for contracts for Marco Wilson, Isaiah Simmons, Zaven Collins, and Rondale Moore. I know this is projecting a lot, but that is what long term cap planning is about. Are the big dollar cap years coinciding with initial low cap contract extension years. The other this is that I still want to maximize the talent around Kyler as long as possible due to his size.
Ultimately, the Calais Campbell comp is very appropriate and as of now, Jones and Von Miller are both the top FA pass rush options next year. You don't want him to test the market and you don't want more negative PR for a guy who seems to be exactly what you want in a vet player and leader on your team.