The NFL franchise tag deadline has come and gone at 4 p.m. ET.
Where did everything shake out?
Which players received the franchise tag?
Tee Higgins, Cincinnati Bengals WR
L’Jarius Sneed, Kansas City Chiefs CB
Brian Burns, Carolina Panthers EDGE
Justin Madubuike, Baltimore Ravens DT
Antoine Winfield, Tampa Bay Buccaneers S
Josh Allen, Jacksonville Jaguars EDGE
Jaylon Johnson, Chicago Bears CB
Michael Pittman, Indianapolis Colts WR
Which players received the transition tag?
Kyle Dugger, New England Patriots S (report)
What is the NFL franchise tag?
The franchise tag is a designation NFL teams may use to retain one player set to be an unrestricted free agent and sign them to a set contract for another year. There are exclusive and non-exclusive tags.
What are exclusive vs. non-exclusive franchise tags?
Exclusive tags mean the contract must be no less than either the average of the top five salaries at that player’s position or 120% of the player’s salary the previous season, whichever is greater. It also means the player is not allowed to negotiate with other teams and may not sign with another team should they reject the offer.
Non-exclusive tags mean the contract must be no less than either the average of the top five cap 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 he receives an offer, his current team has the chance to match. If the team chooses not to match, it’s entitled to receive draft compensation equivalent to two first-round draft picks from the signing team.
What are the NFL franchise tag positional values for 2024?
Quarterback: $38.301 million
Running back: $11.951 million
Wide receiver: $21.816 million
Tight end: $12.693 million
Offensive line: $20.985 million
Defensive end: $21.324 million
Defensive tackle: $22.102 million
Linebacker: $24.007 million
Cornerback: $19.802 million
Safety: $17.123 million
Punter/kicker: $5.984 million
What is the NFL transition tag?
The transition tag is another designation NFL teams may use to retain one player set to be an unrestricted free agent and sign him to a set contract for another year. The contract must be no less than the average of the top 10 salaries at the player’s position, and there is no guaranteed compensation. Also, players are allowed to negotiate with other teams.
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