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Deadline approaching for teams to use their tags

This is the perfect, simple (relatively speaking), explanation that goes into teams deciding on whether to use their franchise and transition tags available in this uncapped year.  Courtesy of www.NFLLabor.com This is the safest way for teams to keep their top priority players on any given offseason.  It comes at a hefty price tag though and in a normal salary cap year it can be extremely costly. If nothing else it buys them time to work out a long term deal.  Once a team reaches a contract with the player, they can tear up the tags.

A reminder that the two-week period for clubs to designate 2010 franchise and transition players ends at 4:00 PM ET on Thursday, February 25.  In the uncapped 2010 season, teams have an extra transition tag and can thus designate one franchise player and one transition player OR two transition players. Currently, there are 235 unrestricted free agents.

A franchise player is a designated restricted or unrestricted free agent whose team must tender a one-year contract at the average of the five highest-paid players at the player’s position in 2009, or 120 percent of the player’s 2009 salary, whichever is greater.  A franchise player designation gives the club a first-refusal right to match within seven days an offer sheet given to the player by another club after his contract expires.  If the club matches, it retains the player.  If it does not match, it receives two first-round draft choices as compensation.

A transition player must be offered a minimum of the average of the top 10 salaries at the player’s position in 2009, or 120 percent of the player’s 2009 salary, whichever is greater.  A transition player designation gives the club a first-refusal right to match within seven days an offer sheet given to the player by another club after his contract expires.  If the club matches, it retains the player.  If it does not match, it receives no draft pick compensation from that club.

Below is a position-by-position breakdown of minimum tenders for franchise and transition players in 2010.

To designate a Franchise Player in 2010 and retain a Right of First Refusal and potential compensation of two first round Draft Selections, the required Minimum Tenders are as follows:

FRANCHISE PLAYER

Position — Minimum Tender
Quarterback — $ 16,405,000*
Running Back — $ 8,156,000*
Wide Receiver — $ 9,521,000*
Tight End — $ 5,908,000*
Offensive Linemen — $ 10,731,000*
Defensive End — $ 12,398,000*
Defensive Tackle — $ 7,003,000*
Linebacker — $ 9,680,000*
Cornerback — $ 9,566,000*
Safety — $ 6,455,000*
Kicker/Punter — $ 2,814,000*

*or 120% of player’s 2009 salary, whichever is greater

To designate a Transition Player in 2010, the Minimum Tenders are as follows:

TRANSITION PLAYER

Position — Minimum Tender
Quarterback — $ 14,546,000*
Running Back — $ 7,151,000*
Wide Receiver — $ 8,651,000*
Tight End — $ 5,248,000*
Offensive Linemen — $ 9,142,000*
Defensive End — $ 10,193,000*
Defensive Tackle — $ 6,353,000*
Linebacker — $ 8,373,000*
Cornerback — $ 8,056,000*
Safety — $ 6,011,000*
Kicker/Punter — $ 2,629,000*

*or 120% of player’s 2009 salary, whichever is greater

NOTE: Tender offers for “exclusive rights Franchise Players” – who are paid the average of the five largest salaries at his position for Player Contracts for the current 2010 season – will be determined at the end of the 2010 Restricted Free Agent signing period on April 15.

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1 comment

  1. kyle

    yeah nice

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