March 01, 2012

At 4:00 p.m. ET, on Monday, the deadline passed for teams to apply the franchise tag on one of their free agents, allowing them to keep that player on a one-year deal for an average of the five highest-paid players at the player's position over the last five years. Teams can continue to negotiate long-term extensions for that player under the franchise tag.

Below is the full list of players who have officially received the franchise tag.

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