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Latest NFL Franchise, Transition Tag numbers; Breaking down the Exclusive Franchise tag, the Non-exclusive Franchise Tag, and the Transition Tag

Often at this time of the year, media pundits and football analysts will throw around complex sounding football terms - leaving the average football fan clueless towards their true meaning. Whether its free agency, the combine, the draft, or whatever it may be - it's important to know the terms we're working with. Let's focus on two: the exclusive franchise tag, the non-exclusive franchise tag, and the transition tag. Each team is allowed to use only one of the three tag options per year.

A franchise tag, established by the CBA, allows teams to offer one unrestricted free agent on their roster a one-year contract.