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As Bell displayed last year, a player can simply refuse to sign the franchise or transition tag tender. However, that player is not able to play in the NFL unless the tender is signed.
Only one player per team, per season, can receive a franchise tag. It's either an average of the five largest salaries at the offered players' position at the end of restricted free agency this season, or 120 percent of the offered player's current salary whichever is greater.
However, if a new agreement is signed before the new NFL year officially begins on March 18, teams will be only be allowed to use either the franchise or the transition tag this spring. Once a player gets tagged, that's when the real drama begins. Both sides have until mid-July to negotiate a long-term contract.
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.
A player can be tagged up to three times by his team, with a jump in pay each occurrence. Franchise and transition tag figures for each position are based on the salary cap for the 2019 season.
Players may sign the tender at any point after officially being tagged. Until the tender is inked, the team can rescind the franchise or transition tag. Once the sheet is signed, the player's salary is guaranteed for that season.
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. Each team only has one franchise tag (of either the exclusive or non-exclusive forms) and one transition tag per year.
After a player is tagged they have until July 16 at 4 p.m. EDT to come to terms on a multiyear deal with their respective teams. Teams can only use the franchise tag once every off-season, and it only guarantees a player's salary for the following year. A player can be tagged up to three times by their team.

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