Starting today teams can place franchise tags on players up until February 25. Any player receiving the franchise tag must be paid the average of the five highest-paid players at his position, or 120% of the player’s previous year’s salary (whichever is greater). Any player given the franchise tag may not negotiate with any other team.
As an alternative to the franchise tag, teams may use a transition tag. The transition tag carries the value of the average of the top 10 salaries at his position, but it allows the player to negotiate with other teams. If a transition player agrees to a contract with another team his original team has the right match he offer.
Given the incredibly small pool of unrestricted free agents due to the lack of a renewal of the collective bargaining agreement, there likely won’t be many franchise tags handed out. But here’s a few of our best guesses as to who may receive the tag:
Julius Peppers, Panthers – Peppers is already among the highest paid at his position, so the 120% increase applies in his situation. He would earn somewhere in the range $20 next season if the Panthers placed the franchise tag on him. A possible scenario would be for the Panthers to place the tag on Peppers and then trade him to a team where Peppers would then sign a long-term deal.
Vince Wilfork, Patriots - Wilfork won’t be happy if the Patriots place the franchise tag on him, but it may be coming anyway. Their defense took a significant step backwards this past season, and losing Wilfork would set them back even further. If they do place the tag on Wilfork, don’t be shocked if it sparks a lengthy holdout.
Karlos Dansby, Cardinals – The Cards have placed the franchise tag on Dansby for two straight years and would owe him roughly $12M should they place the tag on him again. Its a large figure, but the state of the Cardinals defense may necessitate the spending.
Casey Hampton, Steelers – Hampton is the unheralded anchor of the Steelers defense and they’re not about to let him get away. They’d love to negotiate a long-term deal, but they’ll hand him the franchise tag if necessary.
Aubrayo Franklin, 49ers – Franklin was one of the biggest breakout stars of the past two seasons, emerging as a dominant nose tackle in the 49ers 3-4 defense. He is a key reason for the success of inside linebackers Patrick Willis and Takeo Spikes and the Niners cannot let him get away. He’s got a lot of money coming his way one way or another this offseason.
Ryan Pickett, Packers – Pickett had a very solid season at nose tackle in the Packers new 3-4 defense. The decision to franchise Pickett may hinge on whether or not they see 2009 1st-round pick B.J. Raji as a defensive end or nose tackle. If Raji can take over, it would make Pickett expendable.
Gary Brackett, Colts – While Dwight Freeney gets all the attention in Indy, Brackett is arguably the true leader of the Colts defense. President Bill Polian has stated that re-signing Brackett is a priority. That may mean placing the franchise tag on him, and then negotiating a long-term deal if Brackett feels inclined to do so.
Richard Seymour, Raiders – It would be difficult to imagine Seymour re-signing with the Raiders willingly, so if they want him back the franchise tag may be their only option. Seymour could also be a prime candidate to be tagged and then traded.
Sebastian Janikowski, Raiders - In all likelihood Janikowski will re-sign for a long-term deal. But if they can’t come to an agreement, Al Davis isn’t about to let one of the game’s best kickers just walk away.
Shayne Graham, Bengals – The Bengals placed the franchise tag on Graham a year ago and may decide to do so again.