- As was expected, the Packers declined to put a franchise or transition tag on wide receiver Greg Jennings on Monday.
Jennings will become an unrestricted free agent next week. That means he can speak with and sign with any team for any amount of money.
If he would have been given a franchise tag - the Packers would have been required to offer him a one-year contract. It would have been worth $10.537 million against their salary cap.
Green Bay is about $22 million under the cap. However, they ar looking to get huge contracts done with linebacker Clay Matthews and quarterback Aaron Rodgers.
Jennings reportedly is looking for a deal between $12 million to $14 million per year. That would put him in the top three in the NFL.
Jennings missed 11 games the last two seasons with injuries.
Story By: Joe Dufek