Players Given Franchise/Transition Designations Franchise Players
• Champ Bailey, CB, Washington ($6.801 million) -- Traded to Denver, along with a 2nd-round draft choice, for RB Clinton Portis and signed seven-year, $63 million contract that includes an $18 million signing bonus
• Chad Clifton, T, Green Bay ($7.021 million) -- Signed six-year, $32.35 million contract that includes an $11 million signing bonus • Donovin Darius, S, Jacksonville ($4.113 million) -- Signed one-year tender offer for $4.113 million • Darren Howard, DE, New Orleans ($6.503 million) -- Signed one-year tender offer for $6.503 million • Walter Jones, T, Seattle ($7.021 million) -- Unsigned • Peyton Manning, QB, Indianapolis ($18.429 million) * -- Signed seven-year, $98 million contract that includes a $34.5 million signing bonus • Chris McAlister, CB, Baltimore ($6.801 million) -- Unsigned • Orlando Pace, T, St. Louis ($7.021 million) -- Unsigned • Julian Peterson, LB, San Francisco ($6.073 million) * -- Unsigned • Charles Woodson, CB, Oakland ($8.7824 million) * -- Unsigned * Manning, Peterson and Woodson were named their teams' exclusive franchise players, making them ineligible to negotiate with other clubs. The others are eligible to negotiate with other teams, but their clubs can retain them by matching any offers (the "right of first refusal") and receive two first-round draft choices as compensation if the players sign elsewhere. The players were tendered one-year contracts for the amount shown when they were given the franchise tags. Teams have until March 17 to negotiate multi-year contracts with their franchise players. If no deal is in place then, the parties cannot resume negotiations on a long-term deal until July 15.
• John Tait, T, Kansas City ($6.012 million) -- Signed six-year, $33 million offer sheet with Chicago that includes a $14 million signing bonus; Chiefs declined to match offer, allowing him to sign with Bears.
Note: The Chiefs had the right to retain Tait by matching any offer from another team, but not to receive draft-pick compensation if he signed elsewhere.
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