Franchise Tag Meaning

It is a fully guaranteed one year contract teams use to keep one of their unrestricted free agents from hitting the open market.

Franchise tag meaning. While tagging a player in your team might sound convoluted it in fact isn t. 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. It s a mechanism teams are allowed to use to keep franchise designated players off the unrestricted or restricted.

It s essentially a one year deal that grants a window to negotiate a long term. Because the franchise tag is a tool used by teams to lock players into one year deals players generally don t like being tagged. The meaning of the franchise tag and the transition tag is just that. 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.

The collective bargain agreement cba signed that year included the nfl franchise tag in article 10 of the agreement. It is governed through the cba represents a fully guaranteed salary. Each team only has one franchise tag of either the exclusive or non exclusive forms and one transition tag per year. It s a mechanism teams are allowed to use to keep franchise designated players off the unrestricted or restricted free agency markets.

The tag binds the player to the team for one year if certain conditions are met. In basic terms the franchise tag can be explained as follows. The franchise tag is essentially a one year contract that guarantees a predetermined salary for players.