Post by Bengals GM Burkhart on Mar 8, 2021 23:37:51 GMT -5
Franchise Players:
Teams may franchise one player with an expiring contract each season. If that player is traded, the team trading the player may not Franchise another player that year. The team receiving the player may still Franchise one player and maintain both Franchised players for that year.
A player may receive the franchise tag a maximum of 2 seasons in a row. If a player is tagged 2 years in a row by the same team...he must be paid 150% of the current years franchise tag price. If the players previous contract year is higher than the franchise tag price then the team must pay the percentage above their previous contract.
(example: DeAndre Hopkins previous year contract is 15M then the team would pay 115% above previous years contract for a FT1, 150% above current year franchise tag for FT2.) This example is only if the previous contract is higher than franchise tag prices.
Franchise tags are based on the average salary of the 10 highest paid players at their position (not including Franchise Players) and will be determined at the end of each season for the following season.
Franchise Amounts for 2024:
QB: 26,075,000
RB: 14,884,803
WR: 26,015,000
TE: 15,385,000
K: 5,570,000
DT: 11,545,000
DE: 16,590,000
LB: 18,050,000
CB: 7,205,000
S: 13,850,000
*Franchise Tagged players are not eligible for an extension.*
Teams may franchise one player with an expiring contract each season. If that player is traded, the team trading the player may not Franchise another player that year. The team receiving the player may still Franchise one player and maintain both Franchised players for that year.
A player may receive the franchise tag a maximum of 2 seasons in a row. If a player is tagged 2 years in a row by the same team...he must be paid 150% of the current years franchise tag price. If the players previous contract year is higher than the franchise tag price then the team must pay the percentage above their previous contract.
(example: DeAndre Hopkins previous year contract is 15M then the team would pay 115% above previous years contract for a FT1, 150% above current year franchise tag for FT2.) This example is only if the previous contract is higher than franchise tag prices.
Franchise tags are based on the average salary of the 10 highest paid players at their position (not including Franchise Players) and will be determined at the end of each season for the following season.
Franchise Amounts for 2024:
QB: 26,075,000
RB: 14,884,803
WR: 26,015,000
TE: 15,385,000
K: 5,570,000
DT: 11,545,000
DE: 16,590,000
LB: 18,050,000
CB: 7,205,000
S: 13,850,000
*Franchise Tagged players are not eligible for an extension.*