Maybe you're looking too hard.
All they did was franchise him. No team used an ERF this time.
And if that's not good enough, this is from PFW.com
QUOTE
There are a total of 14 franchise free agents and zero transition free agents. None of the franchise players is exclusive, meaning each is free to negotiate and sign with another club, albeit at a cost of two first-round draft picks as compensation to the team that loses the player.
The two first round picks is of course negotiable. It's just written in to give the team who has franchised the player the ability to say "screw you guys, I'm going home" in the event that the player has agreed to terms with another team, and his current team doesn't like the situation.