The Pros and Cons of Adding the Franchise Tag to the NHL CBA

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The Pros and Cons of Adding the Franchise Tag to the NHL CBA
Mike Stobe/Getty Images
If the NHL had a franchise player designation, the New York Rangers might use it on goalie Henrik Lundqvist.

The start of free agency in the NFL is signified by a lot of movement.

The Detroit Lions signed running back Reggie Bush, the Baltimore Ravens signed Chris Canty and the Chicago Bears signed Martellus Bennett.

But when a contract runs out in the NFL, a team has the ability to designate a potential free agent as a franchise player.

Once a player receives that designation, his original team can be assured of keeping him.

If a player receives a non-exclusive franchise designation, his team can match any offer he receives from a competitor (source: ESPN.com).

If a player receives an exclusive franchise designation, no other team can even make him an offer.

The NHL does not have a franchise player designation in its Collective Bargaining Agreement with the NHL Players' Association.

If it did, it would certainly change the free-agent landscape and it would bring several positives and negatives with it.

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