Giants reportedly elect to place seldom-used UFA tender on Markus Golden and here's what it means

We haven't seen this tactic used in three years

If I knew there was such a thing, I'd forgotten it.

These seem to be the impacts...

• if he remains unsigned past July 22, he can only play this season for the Giants -- who would maintain the pass rusher's exclusive rights. 
• can still negotiate with other teams to sign a new deal.
• if he does sign with another club, he would count towards the 2021 compensatory pick formula.
• Golden would get a one-year deal that includes a 10 percent raise if he ends up signing the tender.
• he has until the Tuesday after the 10th week of the season to re-sign with the Giants.
• i f he does not, he must sit out the rest of the season.

https://www.cbssports.com/nfl/news/giants-reportedly-elect-to-place-seldom-used-ufa-tender-on-markus-golden-and-heres-what-it-means/