Packers Reportedly Re-sign Finley
Jermichael Finley has reportedly signed a 2-year, $15 million contract.
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ESPN.com is reporting Green Bay Packers tight end Jermichael Finley has agreed to a contract reported to be as much as $15 million over the next two seasons.
Finley was slated to become a free agent in March. While he has been somewhat inconsistent catching the ball and missed most of the 2010 season because of injury, his size and athleticism allows the Packers offense to create mismatches, making re-signing him a priority.
Had the Packers not been able to come to an agreement with Finley, they would most likely have designated him their franchise player in an effort to keep him on the roster.
With the contract, the Packers are now able to use the franchise tag on backup quarterback Matt Flynn. Flynn is believed to draw a lot of attention from quarterback hungry teams in free agency and franchising him would allow the Packers to trade him for draft picks rather than lose him with no compensation. However, unless the Packers already have a trade agreement in place ahead of time, franchising Flynn is unlikely since it would add as much as $16 million to the Packers’ salary cap.
It’s also unlikely the Packers will use the franchise tag on Pro Bowl center Scott Wells, who will also be a free agent. The tag number for offensive linemen is reported to be $9.4 million.