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Franchise Tag
In the National Football League (NFL), the franchise tag is a designation a team may apply to a player scheduled to become an unrestricted free agent. The tag binds the player to the team for one year if certain conditions are met. Each team has one franchise tag (of either the exclusive or non-exclusive forms) and one transition tag per year. The transition tag can only be used if the team does not use a franchise tag; however, Article 10 of the Collective Bargaining Agreement (CBA) signed in 2011 stipulates that, in the Final League Year, teams are allowed to use both the franchise tag and transition tag for the 2020 NFL season. The tag option allows NFL franchises to retain a "franchise player" who is valuable to a franchise. The one-year, guaranteed contract that is offered to the player is a known, non-negotiated salary. If a designated player does not sign the offer and is unable or unwilling to negotiate an alternative contract before week 10 of the designated season, the pl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Football League
The National Football League (NFL) is a professional American football league that consists of 32 teams, divided equally between the American Football Conference (AFC) and the National Football Conference (NFC). The NFL is one of the major professional sports leagues in the United States and Canada and the highest professional level of American football in the world. Each NFL season begins with a three-week preseason in August, followed by the 18-week regular season which runs from early September to early January, with each team playing 17 games and having one bye week In sport, a bye is the preferential status of a player or team that is automatically advanced to the next round of a tournament, without having to play an opponent in an early round. In knockout (elimination) tournaments they can be granted eit .... Following the conclusion of the regular season, seven teams from each conference (four division winners and three wild card teams) advance to the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Agent
In professional sports, a free agent is a player who is eligible to sign with other clubs or franchises; i.e., not under contract to any specific team. The term is also used in reference to a player who is under contract at present but who is allowed to solicit offers from other teams. In some circumstances, the free agent's options are limited by league rules. Types Terms Unrestricted free agent Unrestricted free agents are players without a team. They have either been released from their club, had the term of their contract expire without a renewal, or were not chosen in a league's draft of amateur players. These people, generally speaking, are free to entertain offers from all other teams in the player's most recent league and elsewhere and to decide with whom to sign a contract. Players who have been bought out of league standard contracts may have restrictions within that league, such as not being able to sign with the buy-out club for a period of time in the NHL, b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transition Tag
A transition tag is a tool used by National Football League teams to retain unrestricted free agents. It guarantees the original club the right of first refusal to match any offer the player may make with another team. The transition tag can be used once a year by each club unless they elect to use a franchise tag instead. Transition tags can be rescinded; however, teams that rescind a transition tag cannot use it again until the next season. If a player signs a contract after receiving the transition tag, his original team cannot use the tag again on any player until the contract has expired. The exception is if the player first signs a transition offer sheet, which is a one-year contract equal to the average salary of the top ten players in the league at the player's position, or a twenty percent salary increase, whichever is greater. This contract was not historically guaranteed; however, it became guaranteed starting in 2007 per the collective bargaining agreement agreed t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Collective Bargaining Agreement
A collective agreement, collective labour agreement (CLA) or collective bargaining agreement (CBA) is a written contract negotiated through collective bargaining for employees by one or more trade unions with the management of a company (or with an employers' association) that regulates the terms and conditions of employees at work. This includes regulating the wages, benefits, and duties of the employees and the duties and responsibilities of the employer or employers and often includes rules for a dispute resolution process. Finland In Finland, collective labour agreements are universally valid. This means that a collective agreement in an economic sector becomes a universally applicable legal minimum for any individual's employment contract, whether or not they are a union member. For this condition to apply, half of the workforce in that sector needs to be union members, thus supporting the agreement. Workers are not forced to join a union in a specific workplace. Nevertheless, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
