Sunday, July 11, 2021

Franchise Tag Deadline

A significant date on the NFL’s calendar is the week. Without a Supplemental Draft, again, it’s the last significant scheduled event before training camp. The deadline for franchise-tagged players to sign long-term deals is July 15. That’s a significant thing. Any tagged player that doesn’t sign a long-term deal, and has signed their tag, will play out the year under the terms of the franchise tag. 

Ten players were slapped with the franchise tag earlier this year.

Dak Prescott, QB, Dallas Cowboys
Justin Simmons, S, Denver Broncos
Leonard Williams, DL, New York Giants
Chris Godwin, WR, Tampa Bay Buccaneers
Marcus Maye, S, New York Jets
Taylor Moton, OT, Carolina Panthers
Allen Robinson, WR, Chicago Bears
Cam Robinson, OT, Jacksonville Jaguars
Brandon Scherff, OG, Washington Football Team
Marcus Williams, S, New Orleans Saints

Dak Prescott, Justin Simmons, and Leonard Williams avoided the various trappings of the franchise tag by signing nice, long-term deals with their respective teams.

Prescott: signed a whopping six-year, $240 million deal
Simmons: signed a four-year, $61 million deal
Williams: signed a three-year $63 million deal

That leaves seven tagged players looking for long-term deals. All have signed their franchise tag. As a result, there’s no apparent threat of the dreaded holdout. So, there’s that. All that’s left for them is a few days of waiting, maybe hoping, to see if their agent can work out a long-term deal with their team. They have until 4 pm ET on Thursday to do so. If they fail to do so, each of the seven will be playing the season under the terms of the franchise tag. The bad news, the franchise tag contract is for a single season. There’s no big signing bonus. There’s no multi-year security. The good news, a franchise tag contract is a very nice, one-year contract. It pays the player an average of the best-paid players at their position. Those one-year contracts break down like this.

Chris Godwin: $15.983 million
Marcus Maye: $10.612 million
Taylor Moton: $13.754 million
Allen Robinson: $17.88 million
Cam Robinson: $13.754 million
Brandon Scherff: $18.036 million
Marcus Williams : $10.612 million

A couple of the above franchise tag contracts require some explaining. Despite playing the same position, Allen Robinson’s contract is higher than Chris Godwin’s because of his 2020 contract. Robinson was playing for the Bears on the second-contract deal that he signed as a free agent a few years ago. Godwin was playing for the Buccaneers on his rookie contract. Franchise tag contracts are the average of the best-paid players at their position OR 120-percent of the player’s salary from the previous season. Whichever number is higher. In this case, Robinson gets a few million more than Godwin. Brandon Scheff’s franchise tag contract tops those of fellow offensive linemen Taylor Moton and Cam Robinson because Scherff’s being tagged for a second consecutive year. Washington’s continued inability to negotiate a long-term deal for their best offensive player is forcing them to pay a guard $18.036 million. That’s about $2 million more than the league’s next highest paid guard. 

Seven players and seven teams have until 4 pm ET on Thursday to agree on long-term deals.


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