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Buffalo Bills defensive back Jarius Byrd (31) was one of only eight free agents slapped with the franchise tag before Monday's deadline. Richard Mackson-USA TODAY Sports

Only eight NFL teams utilize the franchise tag

There will be a lot more National Football League players pounding the pavement and collecting frequent flyer miles the next couple of weeks because only eight teams utilized the franchise tag, down significantly from the record 21 teams that slapped the tag on players last season.

So, what’s up with that and just what does this mean?

Well, it means, first of all that the market will be flooded with a large number of free agents, including Greg Jennings, who will be marketing himself as the go-to receiver that he was for so long in Green Bay.

Here is the full list of teams, players and the amount they will be due this coming season:

Buffalo: S Jairus Byrd ($6,916,000)

Chicago: DT Henry Melton ($8,450,000)

Cincinnati: DE Michael Johnson ($11,175,000)

Dallas: LB Anthony Spencer ($10,560,000 Note: The linebacker tag is $9,619,000, but Spencer is guaranteed a 20 percent raise over his 2012 franchise player salary, which was $8.8 million.)

Denver: OT Ryan Clady ($9,828,000)

Indianapolis: P Pat McAfee ($2,977,000)

Kansas City: OT Branden Albert ($9,828,000)

Miami: DT Randy Starks ($8,450,000)

Jennings is listed as the fifth of 10 impact starters by His top tier designation should place him in high demand, but will he be given the $12 million he is purportedly to be demanding?

Time will tell.

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Tags: Free Agency NFL NFL Franchise Tag

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