Originally Posted by elsid13
It forces a team to pay large amount in single year taking up a cap space. A long term contract let you prorate the cost over the length of the deal for that player. So many teams use it because better to keep elite player then let him walk and get nothing.
So it's like a 1 year contract with the guaranteed money all paid up front. You'd think the players would like this too but most of them say they can't stand the franchise tag.