What is the Franchise Tag?

Between February 20^th and March 6^th NFL teams can designate one player as a franchise player by placing one of three “tags” on them. These tags are called franchise tags and you may have heard of them. They are a mechanism teams have for retaining one player each season who would otherwise become a free agent. The process can get somewhat confusing however, as the three tags are generally referenced under one name even though they are each unique.

When a player is designated a team’s franchise player, the tag generally given is the Non-Exclusive Franchise Tag. This means that the player can negotiate with other teams, as the tag is “non-exclusive”. Should a player sign an offer sheet with another team, the sheet is sent to the original team who has the first right of refusal. They have 7 days to either match or decline the sheet. If they match, the player signs a contract with the exact terms of the offer sheet with the original team. If the original team declines, they receive two first round picks as compensation from the team that the player signed the sheet with, and the sheet becomes a contract. Should a player not sign an offer sheet, they are paid the higher of 120% of their previous salary or the average of the top 5 salaries at their position over the past 5 years.

What happens when given a Non-Exclusive Franchise Tag, graphic made by me

A team does, however, have the option to retain exclusive rights to a player via the Exclusive Franchise Tag. Like the Non-Exclusive Franchise Tag, a player’s salary is the higher of two calculations: either 120% of their previous salary or the average of the Top-5 salaries at their position. Since the latter amount has to do with current salaries only, the Exclusive Franchise Tag is more expensive, but can be worth it for a team as they retain exclusive rights to a player.

The third type of Franchise Tag is the Transition Tag. If applied, a player can negotiate with other teams and sign an offer sheet, and the team that tagged him has the same first right of refusal, just like the Non-Exclusive Franchise Tag. What makes them differ is that if the team declines to match the offer sheet, they do not receive any compensation. A player who is given a Transition Tag is paid the average of the Top-10 salaries at his position, making it less expensive then the alternative tags, but riskier with no compensation if the player leaves.

With more and more cap space and long-term contracts preferable, the usage of this mechanism to keep players for an additional year has been going down, even though the three types of tags give teams a unique set of options.

Super Bowl First's and Records: Events that Sparked My Interest, Super Bowl Week

I’ve been super busy with school work recently, and haven’t had the chance to blog in 6 weeks. But, now that is all done and I’m back to blogging, just in time for Super Bowl LII's edition of Events that Sparked My Interest. For this season's final edition, I decided that I wanted to focus on the various records set. With that, let’s get into it!

Tom Brady

Probably the most interesting stat or record for me is that Brady is now the first quarterback in NFL history to lose a game when throwing for over 500 yards and at least 3 touchdowns. The 500 yard mark has only been eclipsed 22 times (including the Super Bowl). 17 of those times the QB threw for 3 or more touchdowns. 6 of those 17 threw no interceptions. 500 yards in a game just does not happen, and to rack up that many yards without an interception is crazy. Of those 17 players, 14 required 40 more passes, 7 needing at least 50. I found this to be one of the more interesting records set in Super Bowl LII.

Patriots lose Record 5^th Super Bowl

It hadn’t occurred to me, maybe because I thought the Patriots were going to win, but heading into the 52^nd Super Bowl, they had appeared in 9, winning 5 and losing 4. With their most recent loss, they are now 0.500 in Super Bowls and are tied with the Denver Broncos for the most Super Bowl losses out of any team with 5, in addition to hold the record for most appearances (10), and having the quarterback with the most wins (5) and appearances (8).

Nick Foles Becomes only QB to Throw and Catch a TD

In perhaps the game’s most icon play, QB Nick Foles caught a touchdown from Tight End Trey Burton. This made Foles the first player in Super Bowl history to both throw and catch a touchdown. While there isn’t some crazy elaborate tangent I can go on for this, I just have to say that I found the call gutsy, but it paid off. I think it is the game’s most iconic play and will be remembered forever by Eagles, Patriots, and NFL fans alike.

I hope you've enjoyed Events that Sparked My Interest this season. This was the first time I really sat down and tried to produce a product regularly, and while I didn't get something out every week, I think it turned out well, but I want your feedback. Please let me know as it is much appreciated.