1. The franchise tag is given to a player who will otherwise become an unrestricted free agent. Players who are franchised are not able to enter free agency and are required to stay with their current team for one season.
http://ftw.usatoday.com/2015/03/nfl-franchise-tag-dez-bryant-dallas-cowboys
Getty Images. Teams should get final numbers soon on the 2015 salary cap, which is expected to come in around $143 million. And based on that number, the teams that are playing tag by today’s deadline have a better idea of how much it is going to cost them. Via Albert Breer of the NFL Network, the projections for the franchise tags are in : Quarterbacks: $18.544 million. Running backs: $10.951 million.
http://profootballtalk.nbcsports.com/2015/03/02/franchise-and-transition-tag-numbers-are-in/
1 A non-exclusive franchise player must be offered a one-year contract for an amount no less than the average of the top five cap hits at the player's position for the previous five years applied to the current salary cap, or 120 percent of the player's previous year's salary, whichever is greater.
https://en.wikipedia.org/wiki/Franchise_tag
In the National Football League, the franchise tag is a designation a team may apply to a player scheduled to become an unrestricted free agent.
https://en.wikipedia.org/wiki/Franchise_tag
1 An exclusive franchise player must be offered a one-year contract for an amount no less than the average of the top five salaries at the player's position as of a date in April of the current year in which the tag will apply, or 120 percent of the player's previous year's salary, whichever is greater.
https://en.wikipedia.org/wiki/Franchise_tag
An unrestricted free agent is a player whose contract has expired and is free to negotiate with any team without his present team having the opportunity to match the contract negotiated between the player and the other team. There are two types of franchise tag ... exclusive and non-exclusive: Exclusive: The player must be offered a one year contract 1) at a salary of the average of the top five salaried players at his position, or 2) at a salary at least 120% of his previous year's salary, whichever of the two is the higher amount.
http://www.answers.com/Q/What_is_NFL_franchise_tag
Beyond the money, some players view the franchise tag as a sign of disrespect. I wish They felt the same way but it's cool.. It's #business RT @FrankyGonzalez3: I love how dedicated @DezBryant is to the @dallascowboys — Dez Bryant (@DezBryant) February 17, 2015.
http://ftw.usatoday.com/2015/03/nfl-franchise-tag-dez-bryant-dallas-cowboys
These players are paid no less than the average of the top five salaries at their position (hence the controversy between wide receiver and tight end for Graham). An exclusive franchise tag prevents players from negotiation with other teams, while a non-exclusive tag permits discussions with outside parties.
http://ftw.usatoday.com/2015/03/nfl-franchise-tag-dez-bryant-dallas-cowboys
The tag binds the player to the team for one year if certain conditions are met. Each team only has one franchise tag (of either the exclusive or non-exclusive forms) and one transition tag per year. The transition tag can only be used if the team does not use a franchise tag.
https://en.wikipedia.org/wiki/Franchise_tag
Each team can franchise on player whose contract is over each year. A franchise is a one-year contract. The player cannot be franchised two years in a row, but can be again l … ater in his career. The team looks at all the players in the NFL at his position. They remove any other franchised players.
http://www.answers.com/Q/What_is_NFL_franchise_tag
what is franchise tag
Franchise tag is a designation a team may apply to a player scheduled to become an unrestricted free agent. The franchise tag is a designation a team may apply to a player scheduled to become an unrestricted free agent.