Franchise players for the 2008 NFL free agency signing period that begins on February 29 were announced today.
A club can designate one “franchise” player among its veteran free agents.
The salary offer by a player's club determines what type of franchise player he is.
So what is a franchise player? An "exclusive" franchise player—not free to sign with another club—is offered a minimum of the average of the top five salaries at the player's position as of April 18, or 120 percent of the player's previous year's salary, whichever is greater.
If the player is offered a minimum of the average of the top five salaries of last season at his position, or 120 percent of the player’s previous year’s salary, he becomes a “non-exclusive” franchise player and can negotiate with other clubs. His club can match a new club's offer, or receive two first-round draft choices if it decides not to match. The signing period for non-exclusive franchise players to sign with new clubs is February 29 through the 10th week of the season (November 11).
2008 FRANCHISE PLAYERS
Nnamdi Asomugha *