Franchise day

from Wikipedia, the free encyclopedia

The franchise tag is a way for teams in the NFL , one player from the squad run-out contract at least temporarily bind to. Since 1993 , the Franchise Day, together with the Salary Cap (the salary cap for NFL teams) for teams, has been one of the measures to enable smaller teams to keep stars and thus ensure greater balance. A distinction is made between “exclusive” and “non-exclusive” with the franchise tag. If a team uses a franchise tag "exclusively", it ensures that the player will definitely play for the corresponding team for at least another year. Because the exclusive variant prevents the player who is occupied with it from being allowed to play for another team, unless he is passed on by trade or dismissed. The player receives a guaranteed salary equal to the average income of the five highest paid players of the previous season in the relevant position or 120 percent of his previous annual salary, whichever is higher. As a result, an underground quarterback received at least $ 21.268 million in 2017 . As can be seen in the example of Kirk Cousins 2017, it is also possible to give a player the Franchise Tag in two consecutive seasons. However, 120 percent of the previous year's salary is due in the second year.

Although the financial framework makes no difference between "exclusive" and "non-exclusive", many teams only use the "non-exclusive" variant. This gives the player the opportunity to negotiate with another team as part of the Free Agency . If the two parties reach an agreement, the player's current team would have the option of submitting an identical offer or letting the player go. In return, however, the releasing team would receive two first-round picks in the draft from the player's new team.

Web links