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Franchise Tag Period Opens

The franchise tag period is now open. From February 20 to March 5, teams can apply the franchise tag to keep a player in town. For the Kansas City Chiefs, that's WR Dwayne Bowe and CB Brandon Carr. There hasn't been an indication the Chiefs are leaning towards using it on either guy, or at all. We just don't know.

But the franchise tag itself has changed a little bit this year. Brian McIntyre of Football Outsiders talks about the new formula for determining the franchise tag:

To determine the percentage, the amounts of the franchise and transition tags at each position from the previous five seasons will be added up and divided by the sum of the salary caps from the previous five seasons (for the uncapped 2010 season, the league will take the average of the 2009 and 2011 salary caps). The resulting percentage will be multiplied by the salary cap from the upcoming season to determine the non-exclusive franchise tag and transition tag amounts.

Overall, the tag numbers are down from last year making it a little cheaper to make that move. Here's a list of the cost associated with each position.

We'll be back shortly with an official "Dwayne Bowe or Brandon Carr?" franchise tag poll.