Showing posts with label tender offer. Show all posts
Showing posts with label tender offer. Show all posts

Friday, March 5, 2010

Cowboys offered WR Austin the highest possible tender

On the last before the deadline for free agency, the Dallas Cowboys made a long-expected move to retain restricted free agent wide receiver Miles Austin: they gave the receiver the highest possible tender on Thursday, allowing Austin to earn at least $3.168 million for 2010 season.

The offer will require any team that wants to sign the Pro Bowl receiver to give up a first- and third-round draft pick as compensation to the Cowboys. On the other side, the Cowboys’ owner Jerry Jones has said he would like to give Austin a long-term lucrative contract. So it is very likely that Austin will remain in Cowboys jersey with a satisfying deal being done.

The Cowboys also offered tenders to 11 other restricted free agents and signed another to a one-year contract, leaving only kicker Shaun Suisham to struggle with his career future. Defensive tackle Marcus Spears is the only other RFA to receiver a first-round tender offer but that was at the original draft choice level, meaning less salary than Austin and a second round compensation for his departure.