or all the talk coming out of New York that the Giants valued the contribution of Saquon Barkley and wanted him to remain with the team, it has been confirmed that the franchise will not place the running back under
With the deadline of 4:00pm U.S. time on Tuesday for franchise tags to be tendered, there is no expectation that Barkley will r
He did so ahead of the 2023 season under the proviso that he and the team would be able to work out a long-term contract, however that hasn’t been the case to this point.
Barkley earned a lot of respect for playing a season under the tag, worth around $10.1 million in annual salary for a running back, without even sitting out a single practice.
Some may ask why this should be commended? Well, often a franchise tagged player will opt to holdout until either a trade happens or a new long-term contract is agreed.
What is the franchise tag?
In the salary cap era, teams are allowed to be protected against a player leaving for free agency in the offseason.
They are allowed to place one player under a franchise tag per offseason, and that player must be an unrestricted free agent in that same offseason.
The player is automatically tagged with a one-year contract in which he is paid no less than the average of the top-five highest paid players in his position across the league.
However, players don’t like playing under the franchise tag because there is no protection for them in case they suffer a serious injury.
The guaranteed money is minimal compared to what they would receive by signing a long-term deal.
This is why some individuals often sit out a year under the tag, not willing to risk their health for such a short-term deal.
