Buffalo Bills Apply Franchise Tag to Cordy Glenn
By Dennis Moody
The Buffalo Bills Apply Franchise Tag to Cordy Glenn
The Buffalo Bills applied the non-exclusive franchise tag today to their starting left offensive tackle, Cordy Glenn, as per Albert Breer of NFL Media. This move was expected but you can never be certain until it becomes official especially given the Bills limited salary cap space.
In a previous article, we discussed whether the Bills should apply the tag to Glenn and our conclusion was yes they should if they could not come to a long-term deal. They need Cordy to anchor the left side of their offensive line so that he can protect Tyrod Taylor’s blind side. This is the first step in the process towards a longer contract with Glenn.
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Since the tag was “non-exclusive” Glenn can still sign a contract with another team although that’s highly unlikely. If another team offered Glenn a contract and the Bills refused to match, the team would have to send Buffalo two first round draft picks in addition to paying Glenn the amount of the negotiated contract. That is an extremely high price to pay for any player. The only person who got the exclusive franchise tag in 2016 was Super Bowl MVP Von Miller.
If they can’t come to terms on a contract, Glenn will play this season under the franchise tag for the Bills with a one-year, $13.7 million dollar deal according to the National Football League Players Association. In order to clear space to tag Glenn, the Bills announced today that they have cut starting defensive end Mario Williams in a move that surprised absolutely nobody.
As we had mentioned in our previous article, a long-term deal is still the best solution for both sides. Cordy Glenn is relatively young at 26 years old. He is just entering the prime of his NFL career and the Buffalo Bills would like to have him on the squad for the foreseeable future.
According to Spotrac.com Glenn’s market value is in the range of a five-year, $55 million dollar deal which averages out to $11 million per season. This deal would provide Glenn with financial security while reducing his salary cap hit in 2016. His salary cap number would go from $13.7 if he played under the tag to $11 million depending on how the contract is structured.
The Buffalo Bills and Cordy Glenn have until July 15th to work out a deal or Glenn will play under the franchise tag in 2016.