With
the NFL franchise tag window opening Monday, we take a look at what the
franchise tag actually is and players that could be playing under one come next
season
The term ‘franchise tag’ may be unfamiliar
to amateur fans of the NFL, but it is certainly a major part of the off-season
that can have a great influence in free agency.
The franchise tag is essentially a ‘hands
off’ sticker, when an unrestricted free agent (any team will be able to sign
them in free agency) is given the tag no other team is allowed to talk to the
player or make a bid on them in the free agency process.
It allows teams to lock up that one player
that they cannot and do not want to risk leaving. For example, if a team’s
franchise quarterback’s contract is up but they haven’t worked out a deal yet,
he can be given the tag so that other QB needy teams can’t come in and sweep
him away with a massive contract offer. Think Joe Flacco and the Baltimore
Ravens this off-season.
Franchise tags can be pretty unpopular among players wanting to hit the market and land a massive contract, which
results from the supply and demand bidding frenzy system of free agency. This
usually results in aging free agents getting massively overpaid, particularly
when going to the smaller name, worse-off teams that have to offer higher
salaries to get the players to sign, i.e. Mario Williams and the Buffalo Bills
last off-season.
