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 V. The Franchise Tag

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Minnesota Eternals
 
 
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PostSubject: V. The Franchise Tag   Wed Jan 25, 2017 3:33 pm

V.1 The Franchise Tag (50WB)
This tag gives owners the ability to receive compensation of a 1st round pick in the event that this player is signed by another team in the restricted free agency (RFA) auction.  Teams can use one Franchise Tag each year.  Franchise tags cannot be banked for use later.  It is a "Use it or lose it" option.

The RWP will designate a thread for this tag on the forum. Owners may post their intended tag and edit that post until the deadline at which point the thread will be locked and the tags posted will be applied.

A. Franchise tags can only be used on players whose contracts have expired.

B. If a player that has the franchise tag placed on him is signed by another team during the RFA period the team that signs him must compensate the player's former team with a first round pick. The first round pick must be for the upcoming rookie draft or if a team does not have a first round pick in this draft, a first round pick from the next draft is acceptable. Compensation must be within a 2-year period.
1. If a team doesn't have a first round pick in the next 2 drafts,  they cannot bid on any Franchise Tagged players.

2. All bids made on Franchise tagged players must include the amount of the bid as well as the specific draft pick accompanying the bid.  If the team has pick(s) for the upcoming draft, those must be used.  Only teams with no qualifying picks in this draft may use picks from the next draft.

3. As long as your draft pick is involved in a current high bid, it is not eligible to be traded.

4. In the event that the team has no picks for the upcoming draft but multiple Round 1 picks for the next draft, since those picks are undetermined in order, the team bidding will accompany their bid with the specific pick being included (ie. 2014 Rd 1 pick of the Utah Spazz).

5. You must be in possession of a valid compensation pick to start bidding on a player who has been tagged.  Violations will result in owner fines.

C. The 50WB goes towards the player. If a team wants to bid on your player during the RFA period the bidding must start at 51WB because he is now held at 50WB by the current owner.  In the event the player signs with another team, the tagging team will be returned the 50WB for tagging him.

D. If the team that placed the Franchise Tag on said player wins the auction they are responsible for the difference in the final price.  (team already paid the first 50WB)

E. The team that is awarded the player may give him a contract of any length.


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