CruiseControl
Well-Known Member
Franchise & transition tag guys can be traded. Teams own their player's rights.
But I doubt if any team would trade for him without already having a long term deal agreed upon.
Just because they franchise him doesn't make him "signed". He has to actually sign the contract to be signed and at that point his entire salary is guaranteed. More than likely what happened is he refused to sign and demanded a long term contract for a lot of money they don't have or couldn't see spending. He would probably hold out of training camp trying to force a deal and they decided it was going to be a head ache and that they couldn't afford what he was asking so just released him. But you definitely can not trade a franchised player who has not signed his contract because there is nothing signed to trade.