What Does Franchise Tag Mean

An exclusive franchise tag means a team will pay that player no less than the average of the top five salaries at the player s position or 120 percent of the player s previous salary.

What does franchise tag mean. The franchise tag is a relatively simple process but the ramifications can be big for both teams and players. It s a mechanism teams are allowed to use to keep franchise designated players off the unrestricted or restricted free. The meaning of the franchise tag and the transition tag is just that. It is governed through the cba represents a fully guaranteed salary.

With his four year 6 2 million contract having expired the 25 year old jones was slated to become an unrestricted. The franchise tag is a labor designation that restricts a player s potential movement in exchange for a high one year salary. It s essentially a one year deal that grants a window to negotiate a long term contract. Per the cowboys statement prescott received a tag worth around 33 million.

What does it mean to place a franchise tag on a player. 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 transition tag can only be used if the. Tagging dak prescott ensures that cowboys will be the only team that can negotiate a long term deal with him.

But what exactly does this mean for the 32 clubs and the reigning world champions new. Each team only has one franchise tag of either the exclusive or non exclusive forms and one transition tag per year. Starting today nfl teams can start assigning the franchise tag to their class of upcoming free agents.