Definition:
1. A designation given to a player by his team to keep him from leaving via free agency. According to the NFL's collective bargaining agreement, the player must be paid the average salary of the top five players at his position.
1. A designation given to a player by his team to keep him from leaving via free agency. According to the NFL's collective bargaining agreement, the player must be paid the average salary of the top five players at his position.
2. A term used to refer to a superstar player who is invaluable to his team.
Examples:
1. A team can use the franchise tag to keep one of their more valuable free agents from leaving the team.
2.
The Cincinnati Bengals made Carson Palmer the first overall pick in the NFL Draft because the felt he had the ability to be a franchise player.

