How to set up a new team structure

This is part one of a two-part series on how to set yourself up to become a successful NFL team owner.

Follow us on Twitter at @bradleyknight and @NFL, and check out the full series at the bottom of this post.

Tags russell jordan,league,jersey,jordan russel,jordon jordan source ESPN article NFL Commissioner Roger Goodell said Thursday that the league will allow teams to sign up for the franchise tag.

The league will begin issuing the tags to teams at the start of the 2018 season, with the option to extend it for another season, according to a league source.

It is believed that if the league permits teams to use the franchise tags, it would be the first time in history the NFL has allowed players to sign for contracts with an out-of-pocket maximum of $25 million, according the source. 

Teams will begin using the franchise system as early as next season.

More to come.

This story was updated at 10:43 a.m. to include the NFL’s statement.