From February 21 through March 7, eight days before the start of the new league year, NFL teams can use franchise and/or transition tags on players.
Stay up to date here with all the players who have received tags and what it means for them and their teams.
Which players have received the franchise tag, apparently or not?
Tony Pollard, Dallas Cowboys RB
Daron Payne, TD of Washington Commanders
Evan Engram, Jacksonville TE Jaguars
Which marquee players are most likely to receive the franchise tag?
Lamar Jackson, Baltimore Ravens quarterback
New York Giants RB Saquon Barkley
Josh Jacobs, Las Vegas Raiders RB
Geno Smith, Seattle Seahawks quarterback
New York Giants quarterback Daniel Jones
Jessie Bates III, Cincinnati Bengals S
What is the NFL Franchise Tag?
THE franchise label is a designation that NFL teams can use to retain a player set as an unrestricted free agent and sign them to a set contract for another year. These can be exclusive or non-exclusive tags.
What are exclusive and non-exclusive franchise labels?
Exclusive tags means that the contract must not be less than the average of the five highest salaries in that player’s position or 120% of the player’s salary in the previous season, whichever is greater. It also means that the player is not allowed to negotiate with other teams and cannot sign with another team if he rejects the offer.
Non-exclusive tags means that the contract must not be less than the average of the five best hits at that player’s position or 120% of the player’s salary the previous season, whichever is greater. Unlike the exclusive tag, however, the player is allowed to negotiate with other teams, and if they receive an offer, their current team has the option to match. If the team chooses not to match, they are entitled to receive two first-round draft picks.
What are the NFL franchise tag position values for 2023?
Strategist: $32.416 million
To come back: $10.091 million
Wide Receiver: $19.743 million
Tight end: $11.345 million
Offensive line: $18.244 million
Defensive end: $19.727 million
Defensive tackle: $18.937 million
Linebacker: $20.926 million
Cornerback: $18.14 million
Security: $14.46 million
Punter/Kicker: $5.393 million
What is the NFL Transition Tag?
THE transition tag is another designation that NFL teams can use to retain a player set as an unrestricted free agent and sign them to a set contract for another year. The contract must not be lower than the average of the player’s top 10 salaries, and there is no guaranteed compensation. Additionally, players are allowed to negotiate with other teams, and if the original team refuses to match an offer, they will not receive any draft picks.