Brian Burns, the Carolina Panthers’ free agent edge defender, is a likely candidate for a franchise tag, but the team has several options to retain him, each with its own advantages and disadvantages. However, using the transition tag on a high-paying position like outside linebacker is unlikely, as it is costly and risky. The transition tag allows Burns to negotiate with other teams, and if he signs with someone else, the Panthers have five days to match the offer. If they do not, he leaves for nothing. This is why teams rarely use the transition tag. The exclusive franchise tag, on the other hand, is more expensive but prevents Burns from negotiating with other teams. If the Panthers use this tag, he would be locked into a one-year, $24 million contract with them, with the only other options being a long-term deal or sitting out the season. This tag is rarely used and is typically reserved for franchise quarterbacks and superstar players.
The non-exclusive franchise tag is a popular option for teams looking to retain key players. It offers the same value as the exclusive franchise tag, but allows the player to negotiate with other teams, similar to the transition tag. The team can match the contract terms within five days, or receive two first round picks from the other team if they choose not to match.
The Carolina Panthers may use this tag on Burns if they can’t agree on a new contract before the deadline. Burns will be free to negotiate with other teams, but the Panthers can match any offers or receive two first round picks. This tends to discourage other teams from poaching tagged players.
However, placing a tag on a player doesn’t necessarily mean the end of negotiations. The Panthers could trade Burns to another team or continue to work out a long term deal. They have until July 15 to agree on a new contract before Burns is forced to play on the one year franchise tag.
