The NFL franchise tag window officially closed at 4 p.m. ET on Tuesday, with two prominent players, Bengals receiver Tee Higgins and Chiefs guard Trey Smith, receiving the designation. As teams wrap up their decisions on franchise tags, attention now shifts to potential trade agreements and the beginning of free agency. The Commanders' recent deal for receiver Deebo Samuel Sr. exemplifies the flurry of trade activity expected in this period.
The franchise tag serves as a strategic tool for NFL teams, allowing them to retain key players under contract for an additional year. This mechanism is particularly useful for players who have yet to sign long-term agreements, preventing them from entering free agency. By applying the franchise tag, teams can ensure a player's salary remains at a certain level while they continue negotiations for a more permanent contract.
March 10 marks the commencement of the legal negotiation window for NFL free agency. During this period, teams can begin discussions with prospective players and explore all options for strengthening their rosters. This window offers a prime opportunity for teams to lay the groundwork for future signings and build a competitive lineup.
On March 12, the NFL will officially usher in the new league year at 4 p.m. ET. This date is significant as it signifies the moment when players can formally sign with new teams. The start of the new league year often brings a wave of signings as teams finalize their roster adjustments and prepare for the upcoming season.
The franchise tag can also play a pivotal role in trade negotiations. Teams may use it to negotiate trades with other teams, ensuring they receive value in return for a player who might otherwise leave via free agency. This strategic use of the franchise tag can help teams manage their rosters effectively and maintain competitive balance.
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