It’s the first major step in the offseason where NFL clubs make some of the biggest fiscal decisions regarding the talent on their roster. Teams can exercise their use of the franchise or transition tag beginning on Wednesday to help ensure they’ll either keep one of their most valuable players or be given significant compensation if they can’t.
NFL teams can use the franchise tag on one of their unrestricted free agents. There is a non-exclusive rights and an exclusive franchise tag that can be employed.
The non-exclusive rights figure is a one-year offer that is the average of the top five salaries at that players’ position or 120 percent of the player’s salary from the previous season, whichever is greater.