Exclusive Rights Franchise Tag

exclusive rights
Rights that are granted to one party alone. If an author grants exclusive audio rights to one audio publisher, they cannot sell the audio rights to that work to another publisher until the first contract is terminated.
Rights granted to an owner of a trade or service mark which permit the owner to use a mark, and to exclude all others from using the same or a similar mark in a similar manner.
In Anglo-Saxon law, an exclusive right is a de facto, non-tangible prerogative existing in law (that is, the power or, in a wider sense, right) to perform an action or acquire a benefit and to permit or deny others the right to perform the same action or to acquire the same benefit.

franchise tag
In the National Football League, the franchise tag is a designation a team may apply to a player scheduled to become an unrestricted free agent. The tag binds the player to the team for one year if certain conditions are met.