In the NFL, the franchise tag is a one-year contract teams use to retain a pending free agent, preventing them from entering the open market. It offers the player a salary among the top five at their position, providing financial security. Teams benefit by keeping a key player for another season while negotiating a long-term deal.
Get alerts when this topic surges in newsletters. Free to start.
Sign up freeExplore more trends:Trending Topics ·AI Trends ·Business Trends ·Finance Trends ·Technology Trends