With Tuesday’s deadline for NFL teams to name franchise and transitional players now passed, nine players were given the franchise tag and one the transition tag.
The franchise-tagged players are Baltimore kicker Justin Tucker, Buffalo offensive tackle Cordy Glenn, Carolina cornerback Josh Norman, Chicago receiver Alshon Jeffery, Denver linebacker Von Miller, Kansas City safety Eric Berry, Los Angeles cornerback Trumaine Johnson, New York Jets defensive end Muhammad Wilkerson and Washington quarterback Kirk Cousins.
Miami defensive end Olivier Vernon was given the transition tag.
Of the nine franchised players, only Miller, the highest-rated player on the Scout.com free-agent rankings, was given the “exclusive” franchise tag, meaning he can’t negotiate a contract with another team, and he will get the average of the top five salaries in 2016 of players at his position.
Exclusive franchise players are not free to sign with another club and are offered the average of the top five salaries at the player’s position for the current year at the end of the restricted free agent signing period on April 22 or – if it is higher – the amount of the required tender for a “non-exclusive” franchise player that is a formula that takes into account what franchise players at his position received over the last five years and the amount of the salary cap over the last five years.
The “non-exclusive” franchise tender is a one-year contract for the average of the five largest salaries at that position from the prior year or 120 percent of the player’s salary last year, whichever is greatest. The player is allowed to negotiate a contract with another club, but the second club has to relinquish two first-round draft picks in exchange for signing the player.
A transition player – this year Vernon was the only one – is offered the greater of the average of the top 10 prior-year salaries at the player’s position, with average calculated using the same methodology used for non-exclusive franchise players. Vernon can negotiate a contract with any club subject to his prior club’s right of first refusal, except that no draft-choice compensation shall be made to the original team if it declines to match the offer.
Here are the salaries for franchise and transitional players if they sign their one-year offer (his team can still negotiate a long-term deal with franchise and transitional players until July 22, the deadline for the player to sign his tender):
NON-EXCLUSIVE FRANCHISE PLAYERS