What Does Franchise Tag Mean In Nfl Football

Below are the nfl players who have received franchise and transition tags over the last five years.
What does franchise tag mean in nfl football. When the nfl offseason heats up one of the biggest storylines to watch every year is which players get the franchise tag teams have a two week window to apply the one year tender. Each team only has one franchise tag of either the exclusive or non exclusive forms and one transition tag per year. Teams are allowed to place a franchise tag on only one player per year which provides the player with a guaranteed contract with a salary similar to the salaries of the top 5 in the nfl for that position. A contractual tool in the nfl that allows teams to keep a pending unrestricted free agent on the team for an additional year.
Transition tag exclusive franchise tag tag. 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 tag binds the player to the team for one year if certain conditions are met. The numbers will be released.