NFL Franchised Players (2005)
The following players have been hit with the "franchise" designation by their parent teams. Franchise players must be paid the average of the top five salaries at their position or 20 percent more than their 2004 salary, whichever is higher. A team can only have only player designated as a franchise player. A franchise player can be either "exclusive" or "non-exclusive". An exclusive player is not allowed to talk to any other team and is stuck with the team that franchised them. A non-exclusive player can negotiate with other teams, but the original franchise has the right of first refusal on any offer sheet signed with another team. Moreover, if the original franchise chooses not to match the offer sheet, the new team must forfeit TWO first round draft choices. It's similar to the old "Plan A" free agency system from the 1980s (i.e. Wilbur Marshall going from the Bears to the Redskins in 1988, with Chicago receiving Washington's first round picks in 1988 and 1989).
Cincinnati: Rudi Johnson, RB
Indianapolis: Edgerrin James, RB
Jacksonville: Donovan Darius, S
New England: Adam Vinatieri, K
New Orleans: Darren Howard, DE
New York Jets: John Abraham, DE
Oakland: Charles Woodson, CB
Philadelphia: Corey Simon, DT
San Diego: Drew Brees, QB
San Francisco: Julian Peterson, LB
Seattle: Shaun Alexander, RB
St. Louis: Orlando Pace, OT
NFL Transition Players (2005)
A transition player receives the average salary of the top 10 highest paid players at their position. That player can negotiate with other teams, but the club retains the right of first refusal. There's no compensation for the original franchise if it chooses not to match an offer sheet that the transition player signs with another team. This season only one player has received this designation.
Green Bay: Bubba Franks, TE
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