Since the system’s inception in 1993, the New York Giants have used the tags six times - three franchise and three transition. They are:
- T Jumbo Elliott (franchise) in 1993.
- LB Carl Banks (transition) in 1993
- Howard Cross (transition) in 1994.
- Rodney Hampton (transition) in 1996.
- Brandon Jacobs (franchise) in 2009.
- Steve Weatherford (franchise) in 2012
In 2013, only eight players across the league were designated with the franchise tag while none were named transition players. That was down from a record 21 players in 2012.
According to the rules, an “exclusive” franchise player – not free to sign with another club – is offered the greater of:
- The average of the top five salaries at the player's position for the current year as of the end of the Restricted Free Agent Signing Period on April 19
- Or the amount of the Required Tender for a “non-exclusive” franchise player, as explained below.
The CBA sets forth the methodology, known as the “Cap Percentage Average,” for calculating the Required Tender for such a player:
The Nonexclusive Franchise Tender shall be a one year NFL Player Contract for (A) the average of the five largest Prior Year Salaries for players at the position ... at which the Franchise Player participated in the most plays during the prior League Year, which average shall be calculated by: (1) summing the amounts of the Franchise Tags for players at that position for the five preceding League Years; (2) dividing the resulting amount by the sum of the Salary Caps for the five preceding League Years ... ; and (3) multiplying the resulting percentage by the Salary Cap for the upcoming League Year ... (the “Cap Percentage Average”) ... ; or (B) 120% of his Prior Year Salary, whichever is greater ... .
If a club extends a Required Tender to a non-exclusive franchise player pursuant to this section, the player shall be permitted to negotiate a player contract with any club, except that draft choice compensation of two first round draft selections shall be made in the event he signs with a new club.
|Defensive end||$12.6 million|
|Wide receiver||$11.6 million|
|Offensive lineman||$11.2 million|
|Defensive tackle||$9.2 million|
|Running back||$9.1 million|
|Tight end||$6.8 million|
After this period ends, the 2014 league year and free agency begin on March 11 at 4:00 p.m. ET. Here is a look at the Giants’ free agents:
QB Curtis Painter
RB Andre Brown
RB Peyton Hillis
WR Louis Murphy
WR Hakeem Nicks
TE Brandon Myers
TE Bear Pascoe
G Kevin Boothe
DT Mike Patterson
DT Linval Joseph
DT Shaun Rogers
DE Justin Tuck
LB Jon Beason
LB Keith Rivers
CB Trumaine McBride
CB Aaron Ross
CB Terrell Thomas
CB Corey Webster
S Stevie Brown
S Ryan Mundy
K Josh Brown
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