20

February

Green Bay Packers Franchise Tag Primer

TE Jermichael Finley

Tagging Jermichael Finley is one option for the Green Bay Packers this offseason.

Starting today, all 32 NFL teams will have the ability to place the franchise tag on one player of their choosing. The deadline for applying said tag is Monday, April 5, eight days before free agency begins.

The underlying purpose of the franchise tag is for teams to have the option of retaining a player with an expiring contract if a long-term agreement can’t be had before free agency begins.  Unlike previous seasons, in which a franchised player would receive the average salary of the five highest paid players at his position, the NFL’s new CBA introduces a complicated formula that now controls what the number for each position will be.

For 2012, the numbers figure out as such:

QB: $14.4 million in 2012; down from $16.1 million in 2011

RB: $7.7 million in 2012; down from $9.6 million in 2011

WR: $9.4 million in 2012; down from 11.4 million in 2011

TE: $5.4 million in 2012; down from $7.3 million in 2011

OL: $9.4 million in 2012; down from $10.1 million in 2011

DE: $10.6 million in 2012; down from $13 million in 2011

DT: $7.9 million in 2012; down from $12.5 million in 2011

LB: $8.8 million in 2012; down from $10.1 million in 2011

CB: $10.6 million in 2012; down from $13.5 million in 2011

S: $6.2 million in 2012; down from $8.8 million in 2011