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NFL sets franchise, transition tags

The Columbian
Published: February 28, 2013, 4:00pm

NEW YORK (AP) — The NFL has set the franchise tag for quarterbacks at $14.896 million this year, a number the Ravens would be paying Joe Flacco if they choose to tag him.

Flacco played out his five-year rookie contract and led the Ravens to the Super Bowl title. He is negotiating with the team on a new deal and has not been tagged.

Under the franchise tag in 2013, a player is paid according to a formula based on salaries for the past five years at the position and their percentage of the total salary cap. With the non-exclusive tag, his team has the right to match any offer sheet, or get two first-round draft picks in return for allowing him to leave. An exclusive tag ties him to his current team.

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