Charles Clay will not be hitting the open market anytime soon, or will he?
@AdamSchefter: A transition tag sighting! Dolphins placed transition tag on TE Charles Clay, per a league source. TE transition tag is $7.071 million.
The transition tag differs from the non-exclusive franchise tag in that it offers teams a chance to match other offers for the player without any compensation coming their way in the event they choose not to match the offer. It also pays the player the average of the top 10 players at the position from the previous year rather than the top five salaries covered by the franchise tag.

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