If a team declines to match the highest offer for their NFT player, the winning-bid team must give a second-round pick (or better) as compensation.
A player may only be tagged with the Exclusive Franchise Tag (EFT) two consecutive years. He can still be tagged with the NFT or TT after that.
Each team may use one of each type of tag (EFT, NFT, TT) per offseason.
A Transition Tag (TT) is a tag that can be applied to an impending free agent that gives his team the right to match the highest offer for him in the upcoming Auction.
A TT player receives a starting offer from his team of whichever of the following numbers is higher:
*Original salary is the price that player went for in the Auction, or the final year of his rookie deal.
NOTE: Unlike with the NFT, a team will not receive compensation if they decline to match the highest offer for their TT player.
A Non-exclusive Franchise Tag is a tag that can be applied to an impending free agent that allows his team to match the highest offer for him in the upcoming Auction.
An NFT player will receiver a starting offer from his own team of the average of the Top 5 salaries at his position for the upcoming season.
If a team declines to match the highest offer for its NFT player, that team will receive compensation from the winning-bid team. The winning-bid team must give a second-round pick (or better) as compensation.
An Exclusive Franchise Tag (EFT) is a tag that can be applied to an impending free agent that keeps that player under contract for one more season.
An EFT gets a guaranteed 1-year deal worth whichever of the following numbers is higher:
*Original salary is the price that player went for in the Auction, or the final year of his rookie deal.
Franchise tags are a way for teams to retain players whose contracts are expiring. The three types of franchise tags are Exclusive Franchise Tags (EFTs), Non-exclusive Franchise Tags (NFTs), and Transition Tags (TTs).