Some questions were raised here recently wondering how Manning, who was franchised, is gettig $18 million. (and Why Bailey is getting over $7 Million)
Someone in my office said a local radio station gave this expanation-
The Franchise tag is worth the top 5 average salaries for that position (we all knew that part), OR the % of the player's salary vs the cap.
Manning is already making top 5 QB money-and the average could be considered a pay cut. His last year salary was worth 22% of the Colt's total cap. Now that the cap was raised to $80 million, his new franchise tag $$$$ has to be 22% of the cap- or in this case, a whopping $18 million.
Clump or Eb- can you confirm this?
Someone in my office said a local radio station gave this expanation-
The Franchise tag is worth the top 5 average salaries for that position (we all knew that part), OR the % of the player's salary vs the cap.
Manning is already making top 5 QB money-and the average could be considered a pay cut. His last year salary was worth 22% of the Colt's total cap. Now that the cap was raised to $80 million, his new franchise tag $$$$ has to be 22% of the cap- or in this case, a whopping $18 million.
Clump or Eb- can you confirm this?
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