2012 Franchise tag tracker
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.