If a team does not match a transition tag, what is the outcome for the team?

In the context of the NFL's transition tag, if a team opts not to match an offer given to a player who has been designated with this tag, the team doesn't receive any form of compensation, such as additional draft picks. The transition tag allows a team to retain the right of first refusal on a player by matching any offer sheet the player receives from another team. If the team decides not to match the offer, that player becomes a free agent and can sign with the new team without the original team gaining any compensation or picks in return. This is a critical aspect of the transition tag, as it differs from the franchise tag, where a player’s former team can receive draft pick compensation if they choose not to match an offer. Thus, the outcome for the team that does not match a transition tag is that they do not receive any picks or compensation.