The Buffalo Bills placed the franchise tag on Cordy Glenn to the amount of $13.706 million. Keeping Glenn away from the free agent market was important to Buffalo as Glenn would have been the best available left tackle available. Buffalo has until July 15 to reach a long-term deal with Glenn and according to Yahoo's Charles Robinson, the left tackle's deal is at the top of Buffalo's list of priorities.
Here is what Robinson said about Glenn and the Bills:
The Bills have moved Glenn's new deal to the top of their list of priorities. They have some breathing room under the salary cap, albeit not a significant amount. Glenn's tag amount puts him into elite tackle territory for this season, which is a tad high given his career arc. But the Bills see him as an ascending cornerstone in the franchise, and they'll ultimately pay him like it. This will be a tough negotiation that might take a while. Ultimately, the deal signed by Indianapolis Colts left tackle Anthony Castonzo last offseason will likely be where this lands. That was for an average of slightly less than $11 million per season with $35 million guaranteed. Some might gripe that Glenn hasn't yet reached Pro Bowl or All-Pro status, but take a look at Castonzo's career. He hasn't, either. Despite a rough finale last season, Glenn is one of the better young left tackles in the NFL. Those guys get paid. Glenn will, too. And the Bills know it.
Signing Glenn to a deal similar to Castonzo's would be a favorable deal for Buffalo.