Franchise Tags Begin Today

Rich Barnes-US PRESSWIRE

Today is the first day teams can use the franchise tag on pending free agents. For a refresher on how the franchise tag works, you can click here.

With the non-exclusive franchise tag, a player must be offered a one-year contract based on the average of the non-exclusive franchise numbers at his position over the last five years and their percentage of the current year's salary cap or 120 percent of his prior year's salary (usually salary cap number), whichever is greater. This tag allows the player to negotiate with other NFL teams but if he signs an offer sheet with another club, his team has five days to match the offer. If the offer is not matched, his team will receive two first-round picks as compensation from the signing team.

Under the exclusive franchise tag, a player will receive a one-year offer from his team that is the greater of the average of the top five salaries at his position once the restricted free-agent signing period has ended (May 2) or 120 percent of his prior year's salary. A player cannot negotiate with other teams with the exclusive franchise tag.

I do not expect the Jets to use the tag. There just would not be a player for whom it makes sense. Austin Howard is probably the best free agent. Giving him the tag would likely cost around $10 million and only lock him up for one year. The Jets would clearly be better off with a longer term type of deal at a significantly smaller annual cost.

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join Gang Green Nation

You must be a member of Gang Green Nation to participate.

We have our own Community Guidelines at Gang Green Nation. You should read them.

Join Gang Green Nation

You must be a member of Gang Green Nation to participate.

We have our own Community Guidelines at Gang Green Nation. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9341_tracker