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Franchise Tag Primer: A Two-Week Window for Teams to Lock in Pending Free Agents

NFL franchise tag, free agency, NFL, football, salary cap, unrestricted free agents

NFL Franchise Tag: A Closer Look

Introduction

The NFL franchise tag window, where teams can apply the tag to pending unrestricted free agents (UFAs), has officially opened. However, this mechanism often faces criticism as it can limit or eliminate a player’s ability to negotiate with other clubs during free agency. While the tag provides a substantial one-year salary, it lacks the security of a long-term contract and prevents players from reaching the top of their financial market. Nonetheless, for some players not drafted in the first round, the tag can be a welcome opportunity to capitalize on their performance after a rookie contract.

Impact on Players and Teams

Tags can also serve as precursors to trades or simply provide more time for a player and their camp to negotiate a long-term arrangement. However, when these outcomes fail to materialize, they can result in missed training camps, early season absences, or even entire seasons being skipped, as in the infamous case of former Steelers star Le’Veon Bell. Buyers tend to be cautious with tags, especially considering the apparent unwillingness of other teams to part with two first-round picks, as evidenced by the Lamar Jackson case.

As teams weigh their tag options ahead of the 4 p.m. ET deadline on March 4th, here’s a brief analysis of each team’s situation:

Team-by-Team Analysis

Team Tag Considerations
Arizona Cardinals No compelling candidates for the tag
Atlanta Falcons May consider a tag for C Drew Dalman
Baltimore Ravens Big question mark over Pro Bowl LT Ronnie Stanley
Buffalo Bills No significant free agents worthy of a tag
Carolina Panthers No need to use tag after franchising Brian Burns last year
Chicago Bears Tag not necessary given abundant cap space
Cincinnati Bengals Dilemma over WR Tee Higgins’ franchise status
Cleveland Browns Zero reason to worsen their cap situation
Dallas Cowboys Costly tags could jeopardize Micah Parsons extension
Denver Broncos No UFA candidates warranting a tag
Detroit Lions Opportunity to pursue veteran wideouts instead of tagging
Green Bay Packers No need to reserve funds for tags
Houston Texans WR Brandin Cooks could be a potential tag candidate
Indianapolis Colts May need to tag DE Yannick Ngakoue
Jacksonville Jaguars Tagged OLB Josh Allen last season
Kansas City Chiefs May tag or extend RB Jerick McKinnon
Las Vegas Raiders No UFAs worthy of a tag
Los Angeles Chargers Tag unlikely due to injury concerns for RB J.K. Dobbins
Los Angeles Rams Could tag LT Alaric Jackson
Miami Dolphins Jevon Holland or Bryon Murphy Jr. could be tag candidates
Minnesota Vikings Sam Darnold or Bryon Murphy Jr. could be sensible tag targets
New England Patriots No UFA candidates warranting a tag
New Orleans Saints Cap constraints preclude their use of tags
New York Giants May consider a tag for CB D.J. Reed
New York Jets No pressing need for tags
Philadelphia Eagles Nakobe Dean’s injury could justify tagging LB Zack Baun
Pittsburgh Steelers Justin Fields or Russell Wilson could be considered for tags
San Francisco 49ers Safety Talanoa Hufanga is a potential tag candidate
Seattle Seahawks Tag not necessary given their rebuilding process
Tampa Bay Buccaneers Cannot afford to tag an aging Chris Godwin
Tennessee Titans Tag unlikely given need for prudent spending
Washington Commanders Bobby Wagner’s age and position make him an unlikely tag candidate

Mechanism and Value

The franchise tag is a one-year player contract that offers a substantial raise from the player’s current salary but restricts their ability to explore the free agent market. Its value is determined based on a player’s position and previous year’s salaries. The Cap Percentage Average formula is used to calculate this value, ensuring that tag values typically increase year over year.

Franchised players have until July 15th to reach a long-term deal with their team. If no agreement is reached, they must play the 2025 season on the tag. There are three types of tags:

  • Non-exclusive franchise tag: Allows players to negotiate with other clubs. If the player signs an offer sheet with another team, their current team has the option of matching it or letting the player go and receiving two first-round draft picks as compensation.
  • Exclusive franchise tag: Prohibits players from negotiating with other teams.
  • Transition tag: Less lucrative than the franchise tag, it provides no draft compensation to a player’s original team if they decline to match an offer sheet.

Recent Examples of Tag Success and Failure

In recent years, several players have been franchised and later extended or traded, demonstrating the potential benefits of this mechanism. Some notable examples include:

  • Brian Burns (OLB, Giants): Franchised by the Panthers, he was later traded to New York and signed a lucrative long-term contract.
  • Tee Higgins (WR, Bengals): Played last season on the franchise tag and is currently seeking a long-term extension.
  • Josh Hines-Allen (OLB, Jaguars): Eventually signed a substantial contract after being franchised.
  • Jaylon Johnson (CB, Bears): Franchised and later signed a multi-year extension.
  • Justin Madubuike (DT, Ravens): Franchised and subsequently signed a long-term deal.
  • Michael Pittman Jr. (WR, Colts): Franchised and later agreed to a lucrative extension.
  • L’Jarius Sneed (CB, Titans): Franchised by the Chiefs and later traded to the Titans, where he signed a long-term contract.
  • Antoine Winfield (FS, Buccaneers): Franchised and eventually signed a multi-year extension.
  • Kyle Dugger (S, Patriots): Received the transition tag and later signed a long-term deal.

The franchise tag can be a complex and controversial mechanism in the NFL. While it provides teams with a tool to retain key players, it can also hinder player movement and limit their earning potential. Teams must carefully consider their options before applying the tag to ensure they make the best decision for their organization.

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