Wednesday is the first day NFL teams can use the franchise or transition tag on players, which means the New York Giants and Jason Pierre-Paul are on the clock. Teams have until 4 p.m. ET on March 1 to designate franchise or transition players. Would the Giants use the franchise tag on Pierre-Paul if a long-term deal appears unlikely?
A refresher, courtesy of SB Nation:
The franchise tag is essentially a one-year contract that guarantees a predetermined salary for players. The salary amount is set by the averaging the top five salaries by position, or if it’s higher, 120 percent of a player’s salary the previous season.