New York Daily News: The Giants designated Brandon Jaco...

New York Daily News: The Giants designated Brandon Jacobs as their
franchise player on Friday. Under the terms of the NFL's
collective bargaining agreement, each team is allowed to designate
one of its free agents as a franchise player each season. Jacobs
will receive a one-year tender for the average of the five largest
salaries at his position from the previous season, which last
season was $6.6 million. The franchise tag does not exclude the
Giants or any other team from negotiating a multi-year contract
with Jacobs when the free agency period begins on February 27th.
However, should another team offer Jacobs a contract, the Giants
have the right to match that contract or would receive two first-
round draft choices as compensation from that team.

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