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A player getting the non-exclusive franchise tag is entitled to the greater of the formula clumsily explained above (and that was the fourth draft of it) or 120 percent of the playerâs cap number from the prior year.
Franchise Agreement. In a franchise agreement, a franchisor grants the franchisee the right to use the franchisor's system and proprietary marks to operate a franchised business.The agreement may be limited to a particular location, and also restrict the franchisor from locating another business nearby.y Contract Type. In a franchise agreement, a franchisor grants the franchisee the right to use the franchisor's system and proprietary marks to operate a franchised business.