The Oakland Raiders have offered their franchise cornerback a deal that would satisfy Woodson's wish to be the highest-paid cornerback -- i.e., more than the seven-year, $63 million deal Denver Broncos star Champ Bailey signed -- according to Contra Costa Times and ESPN.com reports.
However, Woodson hasn't ended his holdout and the two sides are still negotiating. Woodson's agent, Carl Poston, was interviewed on Sirius NFL Radio.
The Raiders placed the franchise tag on Woodson, a four-time Pro Bowl selection in February. With the franchise designation, he would make about $8.8 million this season, but Woodson hasn't signed the Raiders' tender. By not signing, he's technically not on the roster and can't be fined for missing training camp.
Woodson, who's entering his seventh pro season, has said he wants a big-money long-term contract. The Raiders said last month that they were prepared for a long holdout.