This happens to be what the Redskins paid to CB Josh Norman a few months ago after the Panthers surprisingly elected to rescind the franchise tag from him, which allowed Norman to test the open market.
Ultimatley, Norman secured a five-year, $75-million from Washington. However, a big part of this was the fact that Norman was a free agent, so he had more leverage with interested teams.
As of now, the Bills have Gilmore under contract for the 2016 season. With this in mind, Carucci writes that the Bills “have no reason to treat him as a player in the open market with other teams bidding for his services.”
Buffalo could end up using their franchise tag on Gilmore next year if they’re still unable to bridge the gap on a long-term deal.
According to Carucci, the Bills are looking to pay Gilmore more in the range of around $12.5 – $13 million.
Bills GM Doug Whaley previously mentioned that Gilmore was among the players they would like to lock up to long-term deals in the coming months. Buffalo has already signed LT Cordy Glenn to a sizable extension, so it’s possible that Gilmore could be next in line for a new deal.
Gilmore, 25, was taken with the No. 10 overall pick by the Bills back in 2012. He played out his rookie contract, but the Bills elected to pick up his fifth-year option last year, which will pay him $11 million for the 2016 season.
In 2015, Gilmore appeared in 12 games and recorded 36 tackles, three interceptions, and 18 pass defenses for the Bills. Pro Football Focus has him rated as the No. 9 cornerback out of 111 qualifying players.
We’ll have more regarding a possible extension for Gilmore as the news is available.