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NFL Rumors: Landon Collins Could Sit Out if Giants Place Franchise Tag On Him

NFL teams can select players to use the franchise tag on as a means of securing another year of service without free agency and in hopes of reaching a long term deal.

Teams have until March 5 to use it, and once it's tendered and signed, teams and players have until July 15 to try to negotiate a deal.

If no deal is reached, the player must play under that tag, which is not to be less than the average of the league's top five salaries at the player's position.

In each of the past two years, five teams have used the tag on players, with only three able to reach a deal before the deadline.