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Franchise Tag
In the National Football League (NFL), the franchise tag is a designation a team may apply to a player scheduled to become an unrestricted free agent. The tag binds the player to the team for one year if certain conditions are met. Each team has one franchise tag (of either the exclusive or non-exclusive forms) and one transition tag per year. In most seasons, the transition tag can only be used if the team does not use a franchise tag; with exceptions as stipulated in the Collective Bargaining Agreement (CBA). For example, Article 10 of the CBA signed in 2011 stipulated that, in the Final League Year, teams were allowed to use both the franchise tag and transition tag for the 2020 NFL season. The tag option allows NFL franchises to retain a "franchise player" who is valuable to a franchise. The one-year, guaranteed contract that is offered to the player is a known, non-negotiated salary. If a designated player does not sign the offer and is unable or unwilling to negotiate an alt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Football League
The National Football League (NFL) is a Professional gridiron football, professional American football league in the United States. Composed of 32 teams, it is divided equally between the American Football Conference (AFC) and the National Football Conference (NFC). The NFL is one of the major professional sports leagues in the United States and Canada and the highest professional level of American football in the world. Each NFL season begins annually with a NFL preseason, three-week preseason in August, followed by the NFL regular season, 18-week regular season, which runs from early September to early January, with each team playing 17 games and having one Bye (sports), bye week. Following the conclusion of the regular season, seven teams from each conference, including the four division winners and three Wild card (sports), wild card teams, advance to the NFL playoffs, playoffs, a single-elimination tournament, which culminates in the Super Bowl, played in early February ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Agent
In professional sports, a free agent is a player or manager who is eligible to sign with other clubs or franchises; i.e., not under contract to any specific team. The term is also used in reference to a player who is under a contract at present but who is allowed to solicit offers from other teams. In some circumstances, the free agent's options are limited by the league's rules. Free agency was severely restricted in many sports leagues, instead clubs had a reserve clause which allowed them to retain players indefinitely. Usage Association football In professional association football, a free agent is either a player that has been released by a professional association football club and now is no longer affiliated with any league, or a player whose contract with their current club has expired and is thus free to join any other club under the terms of the Bosman ruling. Free agents do not have to be signed during the normal transfer window that is implemented in some ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transition Tag
A transition tag is a designation used by National Football League (NFL) teams to retain unrestricted free agents. It guarantees the original club the right of first refusal to match any offer the player may make with another team. The transition tag can be used once a year by each club unless they elect to use a franchise tag instead. Transition tags can be rescinded; however, teams that rescind a transition tag cannot use it again until the next season. If a player signs a contract after receiving the transition tag, his original team cannot use the tag again on any player until the contract has expired. The exception is if the player first signs a transition offer sheet, which is a one-year contract equal to the average salary of the top ten players in the league at the player's position, or a twenty percent salary increase, whichever is greater. This contract was not historically guaranteed; however, it became guaranteed starting in 2007 per the collective bargaining ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Collective Bargaining Agreement
A collective agreement, collective labour agreement (CLA) or collective bargaining agreement (CBA) is a written contract negotiated through collective bargaining for employees by one or more trade unions with the management of a company (or with an employers' association) that regulates the terms and conditions of employees at work. This includes regulating the wages, benefits, and duties of the employees and the duties and responsibilities of the employer or employers and often includes rules for a dispute resolution process. Finland In Finland, collective labour agreements are universally valid. This means that a collective agreement in an economic sector becomes a universally applicable legal minimum for any individual's employment contract, whether or not they are a union member. For this condition to apply, half of the workforce in that sector needs to be union members, thus supporting the agreement. Workers are not forced to join a union in a specific workplace. Nevertheless, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Risk
Financial risk is any of various types of risk associated with financing, including financial transactions that include company loans in risk of default. Often it is understood to include only downside risk, meaning the potential for financial loss and uncertainty about its extent. Modern portfolio theory initiated by Harry Markowitz in 1952 under his thesis titled "Portfolio Selection" is the discipline and study which pertains to managing market and financial risk. In modern portfolio theory, the variance (or standard deviation In statistics, the standard deviation is a measure of the amount of variation of the values of a variable about its Expected value, mean. A low standard Deviation (statistics), deviation indicates that the values tend to be close to the mean ( ...) of a portfolio is used as the definition of risk. Types According to Bender and Panz (2021), financial risks can be sorted into five different categories. In their study, they apply an algorith ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
