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you pretty much hit it bean.
they get the avg of the top 5 salaries for the position and the team gets the right to match any offer and if they don't they get two 1st round picks.
Teams have till feb 22nd I think to designate, there is also an "exclusive" franchise tag, which takes a player off the market and no one can sign him.
There are also some rules about after the tag is put on, you can't negotiate with that player till a certain point and if you do resign them, they keep the franchise tag.
So, say the Pats put the tag on Vinateri (which might happen, and if a teams willing to give up two 1st rounders, I'll bet they let him go) and then sign him before the period is over to a 5yr 25mil deal. say it breaks even at 5mil/yr. Now, say his 5th year he is no longer higher paid then the average of the top 5 salaried kickers, his pay would increase, even though he has a contract.
Also, I'm pretty sure it does count against the cap, cause they were saying Breeze will figure like 8-9mil but the charges have 20+ free space.
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