What does the NFL's franchise tag mean, and how does it impact Davante Adams' future with the Green Bay Packers?

UPDATE: Packers placed the franchise tag on Davante Adams on Tuesday, March 8.

GREEN BAY - The NFL’s franchise-tag deadline is one of the more convoluted aspects of the offseason and free agency. It requires separate designations, a short-term commitment in hopes of a long-term deal and mathematical formulas that rival a NASA board.

All things Packers: Latest Green Bay Packers news, schedule, roster, stats, injury updates and more.