Franchise Tag Deadline
Dez Bryant and Demaryius Thomas proved why it is best to wait until the deadline to sign a new contract if a team is threatening to franchise tag you. Both receivers signed contracts before the 1 p.m. PST deadline at 5 years, $70 million with $45 million and $43.5 million guaranteed respectively. A franchise tag would’ve paid each receiver $12.8 Million for the 2015 season however, they would’ve been at risk to getting injured before locking in a long term deal. The Franchise Tag enables a team lock in a player who is due to become an unrestricted free agent. The player must be offered a one-year contract for an amount no less than the average of the top five cap hits at the player’s position for the previous five years applied to the current salary cap, or 120 percent of the player’s previous year’s salary, whichever is greater. There were rumors that the management of Denver and Dallas were “colluding” with each other to drive down the numbers for both contracts. There is no penalty against agents or players discussing terms of contract negotiations, though and I believe that is why both Bryant and Thomas ended up with nearly identical contracts. Big-time NFL contract negotiations essentially come down to comparables. Comparing production within a player’s position and what a previous player received in compensation. For more information about an NFL agent, contact a Seattle NFL Agent.