Check this tweet from NFL.com's Ian Rapoport that explained a somewhat surprising development:
Interesting to hear the #Packers are still considering franchising Greg Jennings. Thought that ship had sailed. Apparently not.— Ian Rapoport (@RapSheet) February 24, 2013
The wide receiver tag is around $10.36 million in 2013, which certainly isn't cheap.
Jennings has been tremendously productive for the Packers, catching 425 passes at 15.4 yards per reception with 53 touchdowns during his his seven-year career.
However, he missed half the 2012 season due to injury, and he'll be 30 on September 21.
In his prime, Jennings was arguably the most intimidating deep threat in the league and certainly was never afraid to run over the middle with linebackers and safeties in the vicinity.
But with leg issues at this stage of his career, it can be argued that Jennings will never be able to make nearly as significant of an impact again.
The 2013 class is deep at the wide receiver position—guys like DeAndre Hopkins, Terrance Williams, Markus Wheaton, Justin Hunter and Quinton Patton excel down the field as well, are much younger and will come at a much more reasonable price.
Signing Jennings for more than $10 million in 2013 isn't logical, but that doesn't mean he's a goner.
There's a distinct possibility that he's not offered a mega-deal on the free-agent market and would opt to stay with the Packers at a relative discount to play with a contender and, arguably, the best quarterback in the game.
Should the Packers hit Jennings with the franchise tag?
Could they work out and ultimately offer a two- or-three-year deal that averages around $6-8 million per season if Jennings isn't blown away by another team?