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: Franchise and Transition tags


Franchise players
Their old club has a right of first refusal to the players listed below and compensation of two No. 1 draft choices. In order to submit an offer sheet, a new club must have available the required choices, defined as its own or better choices in the first round in the 2004 and 2005 NFL Drafts (or 2005 and 2006 NFL Drafts, if applicable.) Offer sheets may be submitted to an old club until 4:00 p.m. ET on the Tuesday following the 10th regular season weekend.

Transition players
The old club has a right of first refusal but no right of compensation to the player listed below. A transition player designation gives the old club a first-refusal right to match within seven days an offer sheet given to the player by another club after his contract expires. If the club matches, it retains the player. If it does not match, it receives no compensation. Offer sheets may be submitted to an old club until 4:00 p.m. ET on July 22.