A non-exclusive franchise player may negotiate with other NFL teams, but if the player signs an offer sheet from another team, the original team has a right to match the terms of that offer, or if it does not match the offer and thus loses the player, is entitled to receive two first-round draft picks as compensation.
Exclusive tag = average of top 5 salaries (15.682M in 2017)
non-exclusive = average of top 10 salaries (should be around 14.2M this year)
Then there are other scenarios that may play out (however unlikely)...
The Patriots gave up an additional 7th round pick for Welker plus the second that would have been required on the RFA offer sheet.
I wouldn't expect a team to give up two 1st round picks for Landry. They could offer a less compensation though. Again...not likely.
Exclusive tag = average of top 5 salaries (15.682M in 2017)
non-exclusive = average of top 10 salaries (should be around 14.2M this year)
Then there are other scenarios that may play out (however unlikely)...
ESPN.com first reported Saturday that the Patriots planned to sign Welker to a restricted free agent offer sheet. But the two teams obviously decided to avoid the red-tape and uncertainty that accompanies such a transaction and opted for a trade instead.
The Patriots gave up an additional 7th round pick for Welker plus the second that would have been required on the RFA offer sheet.
I wouldn't expect a team to give up two 1st round picks for Landry. They could offer a less compensation though. Again...not likely.