TE Fred Davis
Players aren’t franchised two years in a row very often and Davis was franchised this offseason, but he does make sense as an exception. The tight end franchise tag value is still relatively cheap, the cheapest of any non-special teamer (5.4 million in 2012). The Redskins could franchise him for the 2nd time in 2013 at the rate of just 6.48 million, which is much, much cheaper than franchising any other position for the 2nd time.
Davis was on pace for 79 catches for 1061 yards and 4 touchdowns before getting suspended for 4 games last season. The reason the two sides did not reach a long term agreement this offseason was because Davis felt he could produce elite tight end numbers and the Redskins wouldn’t pay him like an elite tight end without actually seeing it over a full season, rather than on a per game basis. With better quarterback play in 2012, if he even approaches those numbers, Davis would be worthy that “re-franchised” figure.
K Neil Rackers
Punters and kickers are the most often franchised because the franchise tag values for them are very cheap and franchising them makes a lot more sense than giving them a long term deal. However, they’re almost always franchised only when the team doesn’t have someone more important to franchise. If they choose not to tag Davis again, for whatever reason, Rackers could be a candidate. He’s a career 80.0% kicker.