|Raven's Ray Rice|
Franchise tags are placed on players who are going to become unrestricted free agents. By placing the tag on players, the team reserves their roster spot while signing them to a one-year deal (which is based on the average salary of the top-five players at their position). A franchise tag can only be granted to one player per team each year.
The franchise tags were created for teams to get a chance to keep their most important players. Most players are looking for that long term deal (security!) therefore they refuse to sign them, which is where we are with some of the players below.