The Carolina Panthers and Josh Norman are currently in the mist of a heated contract negotiation surrounding the franchise tag. However, if the cornerback had his way he would like to see the franchise tag eliminated and the Panthers wouldn't even have that option, according to Bleacher Report's Jason Cole.
Norman is frustrated because he believes if he was able to become a free agent that he would receive " an ungodly amounts of money" on the open market. Cole says that Norman is looking at deals that players like Olivier Vernon and Malik Jackson received this offseason and believes he would surpass those.
The Panthers, by using the franchise tag essentially offered Norman a one-year deal worth $13.95 million dollars, making him one of the Top 5 paid players at the position. However, not only does Norman want to be the highest paid cornerback in the league, he wants to surpass that total by an average of two million dollars per year.
According to Joe Person of the Charlotte Observer, Norman is looking for a long-term deal with an average salary of $16 million dollars.
The Panthers' cornerback is using all of his negotiating leverage in hopes that he can get that type of salary from the Panthers. He has yet to sign his franchise tender and he is not expected to attend any OTAs or mini-camps, as Person notes.
Typically, when players hold out and sit out these types of workouts, the team is able to fine the player. However, Norman is not under contract, and wouldn't be until the offer is signed, and would not be subject to these types of fines.
As Cole mentions in his video, Norman would like to see the franchise tag go away because that, in combination with the rookie contracts, keeps players from receiving fair market value while they are in the prime of their career.
If Norman truly believes he can receive the kind of money he believes he can as a free agent, it is hard to imagine a long-term deal worked out unless the Panthers make him the highest paid cornerback in the league.