03-13-2007, 07:06 AM
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#5
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Practice Squad
Join Date: Sep 2004
Location: Foxboro
Posts: 143
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Re: Is there a deadline to pull the franchise tag??
Quote:
Originally Posted by Sean Pa Patriot
Does anyone know if there is a deadline to pull the franchise tag, or what the exact rules are again.. If there were posted before , sorry, but Im curious, with the excitement in Assante's interview, was wondering if this could be a sign a deal is on the horizon..
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Pats have until July 14 to sign him long term. And, furthermore, I believe more importantly at issue here is that they can remove the Franchise Tag at that time and be able to use it next year on another player. If they sign him long term after July 14, they can't use the tag until his contract runs out. So, in essence there is a July 14 deadline to get any long term deal ironed out.
After July 14, he is only playing for one year under the Tag salary. Then, they get to do it all over again next Mar 2. But, this time his "tag" salary goes up by 20%.
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