The offseason is underway for the Kansas City Chiefs — and the rest of the NFL’s teams.
Tuesday marks the first day teams may apply a franchise tag on impending unrestricted free agents, tying them to the team for the coming season. The franchise tag window runs from Tuesday, February 22, through Tuesday, March 8.
There are two types of franchise tags (non-exclusive and exclusive) — and also a transition tag. We described all three in detail back in 2020.
Under a non-exclusive franchise tag (the most commonly used tag), the player’s salary is the greater of 120% of their current wage or the average salary cap percentage of the top five players at their position over the previous five seasons; this percentage is then applied to the current salary cap to determine their one-year compensation.