Franchise Tag Meaning Nfl

The one year tender offer pays a player the.

Franchise tag meaning nfl. Placing a franchise tag on a player who is about to become an unrestricted free agent offers the nfl franchise with an extended negotiation period for a player. It s a mechanism teams are allowed to use to keep franchise designated players off the unrestricted or restricted. The franchise tag is essentially a one year contract that guarantees a predetermined salary for players. Wednesday marks the first day nfl teams can designate the franchise or transition tag on players.

There are three different types of tags the exclusive franchise tag the non exclusive franchise tag and the transition tag. The collective bargaining agreement between the nfl s owners and players allows each of the nfl s 32 teams to tag one of their players each season with a one year tender offer. The two week window for teams to designate tags runs until march 1 at 4 p m. The tag binds the player to the team for one year if certain conditions are met.

It is governed through the cba represents a fully guaranteed salary. In simple terms the nfl franchise tag is essentially a one year contract with a pre determined salary for players. The franchise tag is a labor designation that restricts a player s potential movement in exchange for a high one year salary. The non exclusive franchise tag is the most commonly used method to keep unrestricted free agents from hitting the market.

It s essentially a one year deal that grants a window to negotiate a long term. In the national football league nfl the franchise tag is a designation a team may apply to a player scheduled to become an unrestricted free agent. Each team only has one franchise tag of either the exclusive or non exclusive forms and one transition tag per year. The franchise tag is more or less a last resort for teams trying to retain their best unrestricted free agents.