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The New England Patriots are taking a half-measure toward retaining pending free agent safety Kyle Dugger since they are placing the transition tag on him, according to CBS Sports Lead NFL Insider Jonathan Jones.
There are a few critical differences between the transition tag, which is being used on Dugger, instead of the usual franchise tag. One key difference is the price point. The franchise tag is a one-year fully guaranteed salary of the average of the top five salaries at a given player’s position over the last five years, or 120% of the tagged player’s prior salary, whichever is greater. The franchise tag number this offseason is $17.1 million. The transition tag is a one-year, fully guaranteed salary of the average of the top 10 player salaries at the tagged player’s position.
That is why Dugger will receive $13.8 million on the transition tag instead of the $17.1 million associated with this offseason’s safety franchise tag. Another key differentiator between the two tags is the control the tagging team wields if other NFL clubs would like to come swipe the player they just tagged. When a player is on the franchise tag, they can negotiate with the league’s 31 other teams, but their current team has the right to match any offer or take two first-round picks if another team signs their franchise-tagged player.
All the transition tag does is grant the tagging team the right of first refusal to match any contract offer their tagged player may receive. If Dugger were to be signed by another team to a multiyear deal, and the Patriots decide not to match, they will lose him without compensation.
The Patriots will have the ability to sign Dugger to a multiyear deal, should they choose to do so, at any time prior to next offseason, unlike the franchise tag, which has a hard deadline for multiyear extensions on July 15 this summer. Dugger is only the sixth player in the last 10 seasons…
Source link : https://www.cbssports.com/nfl/news/patriots-will-use-13-8-million-transition-tag-in-hopes-of-retaining-s-kyle-dugger-for-2024-season/
Author : Garrett Podell
Publish date : 2024-03-05 20:23:04
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