The NFL has closed the window wherein its groups can designate one participant with a franchise or transition tag. It opened on February 20 and closed at 3 p.m. (Arrowhead Time) on Tuesday, March 5.
Right here is the complete listing of gamers — all of them with contracts set to run out when the brand new league yr opens subsequent Wednesday afternoon — who had been designated.
Non-exclusive franchise tags
Unique franchise tags
No gamers had the less-commonly used unique franchise tag positioned upon them.
Transition tags
S Kyle Dugger — New England Patriots
All however two of those gamers — Higgins and Sneed — had been formally designated on the ultimate day of the tag window. Higgins had the tag positioned on him on February 24. The Chiefs designated Sneed on Monday.
What occurs subsequent
All of those gamers have been tendered a completely assured contract to play the 2024 season. The cash they’ll earn is about by a components negotiated by the league and the gamers’ union in its present Collective Bargaining Settlement. If the participant indicators the tag, the contract goes into impact.
However in lots of circumstances, the tender isn’t signed. A few of these gamers will find yourself negotiating a brand new long-term cope with their present crew earlier than the mid-July deadline for a brand new contract. Others will likely be traded to different groups that can even negotiate a brand new long-term cope with the participant. Some will signal the tag and play for the tendered quantity.
In uncommon circumstances, gamers with non-exclusive franchise tags and transition tags — who’re allowed to barter with different groups — will get a proposal sheet from one other franchise. Their present crew can have the choice to match that contract. In the event that they don’t, the participant is free to signal with the brand new crew — and within the case of a non-exclusive franchise tag, the brand new crew is required to compensate the unique crew with two first-round draft picks.
However when the brand new league yr begins — and except the contract tender is changed by means of a commerce or a brand new long-term contract — every crew must carry the complete tag quantity for its franchise or transition contract tender towards its 2024 wage cap.
We now calculate that if Sneed’s tender of $19.8 million stays in drive subsequent Wednesday, the Chiefs will start the brand new league yr with $9.5 million in cap house. However lots can occur between from time to time. Buckle up!
