How Does Franchise Tag Work | SkillsAndTech

In the world of sports, it’s not uncommon for teams to use something called the “franchise tag.” But what exactly is a franchise tag, and how does it work? This blog post will provide an in-depth look into the complexities of the franchise tag system and its implications for teams and players alike.

We’ll explore how it works, who qualifies for a tag, and why teams may choose to use them. By the end of this article, you should have a better understanding of how the franchise tag works and its importance in professional sports.

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What is a franchise tag?

A franchise tag is a designation that a team may apply to a player scheduled to become an unrestricted free agent. The tag binds the player to the team for the next season, or for one year if the player signs a multi-year contract with the team.

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There are two types of tags: the non-exclusive tag, which allows the player to negotiate with other teams, and the exclusive tag, which does not. If another team offers the player a contract, the original team has seven days to match the offer or let the player go.

How does a franchise tag work?

A franchise tag is a designation that a team can apply to a player at the end of his contract. It allows the team to retain the player for another season by paying him a salary that is determined by the average of the top five salaries at his position, or 120 percent of his previous salary, whichever is greater.

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The player can sign a long-term contract with the team during the season, but if he does not, he must play under the terms of the one-year franchise tag.

Pros and cons of a franchise tag

When it comes to the franchise tag, there are pros and cons to consider. On the one hand, the franchise tag allows a team to keep a key player from hitting the free agent market. This can be vital for a team that is close to winning a championship or one that simply cannot afford to lose a star player.

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On the other hand, the franchise tag can be costly, both in terms of money and in terms of long-term stability. It can also create tension between a player and his team, as the player may feel like he is being unfairly held back from hitting the open market.

What are the different types of franchise tags?

Franchise tags are used by NFL teams to restrict the free agency of certain players. There are two types of franchise tags: the exclusive rights franchise tag and the non-exclusive rights franchise tag.

The exclusive rights franchise tag prevents a player from negotiating with any team except for the one that placed the tag on him. The non-exclusive rights franchise tag allows a player to negotiate with other teams, but if he signs an offer sheet with another team, the original team has the right to match the offer and keep the player.

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If a team places the non-exclusive franchise tag on a player and he signs an offer sheet with another team, that team must give up two first-round draft picks as compensation to the original team.

Which NFL teams have used a franchise tag the most?

In the NFL, a team may use a franchise tag on a player one time in their career. The franchise tag gives the team exclusive negotiating rights with the player for one year. If the two sides cannot come to an agreement on a long-term contract, the player will play under the terms of the franchise tag for that season.

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There have been 21 NFL teams that have used the franchise tag at least once since it was introduced in 1993. The Pittsburgh Steelers have used it the most, with eight total instances. The New York Jets are second with seven, while the Miami Dolphins, Washington Redskins, and Baltimore Ravens have each used it six times.

The most common position to be franchised is defensive end, as there have been 41 players given the tag at that spot. Linebackers (39), wide receivers (34), and quarterbacks (32) are also among the most commonly tagged positions.

How much do franchise tags cost?

In order to understand how much a franchise tag costs, it’s important to first understand what a franchise tag is. A franchise tag is a designation that a team can apply to a player that they do not want to lose in free agency. It guarantees the player a one-year contract with that team for an amount that is determined by the league.

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There are two types of franchise tags: exclusive and non-exclusive. An exclusive tag means that the player cannot sign with another team, while a non-exclusive tag allows the player to negotiate with other teams. If the player signs an offer sheet from another team, the original team has the right to match the offer and keep the player. If they choose not to match, they receive two first-round draft picks as compensation.

The cost of the franchise tag depends on which type of tag is used and the position of the player being tagged. For example, in 2020, the exclusive franchise tag for quarterbacks was $27 million, while the non-exclusive tag was $23 million. The exclusive tag for defensive ends was $19.3 million, while the non-exclusive tag was $17.7 million.

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Generally speaking, applying the franchise tag to a player will cost a team around 20% of their salary cap space for that year. So if a team has $100 million in salary cap space for 2020, tagging a quarterback would use up $20 million of that space.

Conclusion

The franchise tag is a valuable tool for organizations to retain their top talent, while also providing players with an opportunity to negotiate long-term contracts. Understanding how it works and when to use it can make the difference between making or breaking a team’s success in the short and long term.

With this information, you should have a better idea of what goes into the decision-making process when it comes time for teams to consider using the franchise tag on one of their star players.