Mike Florio of Pro Football Talk, citing a source with knowledge of the discussions, reports that the Saints have not reduced or pulled their previous offer to TE Jimmy Graham, even after they won the grievance hearing earlier this week.
According to Florio, the Saints offer would pay him $9.5 million per year and still make him the the highest-paid tight end in NFL history.
Had Graham won the ruling, he could have held out for something closer to $12 million annually, but he stands to make a little over $7 million with his franchise tender.
The Saints have until July 15 to negotiate a long-term contract with Graham and you can bet that Wednesday’s ruling will factor into contract talks. However, a report fro earlier in the week mentioned that there are “a good half dozen teams” preparing to make a run at Graham if the two sides can’t make progress in the coming weeks.
Graham managed to put together a very good season, despite the fact that he was hampered by a foot injury for a good portion of the year. He totaled 86 receptions for 1,215 yards receiving and 16 touchdowns and was rated by Pro Football Focus as the No. 1 tight end in the league.