Had the Patriots not assigned a May 9 tender to LeGarrette Blount, the veteran running back may landed a new deal by now, as at least two clubs were “poised” to work a contract with Blount, according to Ian Rapoport of NFL.com (Twitter link).
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While it’s not clear exactly which teams were willing to offer Blount a pact, it’s fair to wonder if the Lions and Giants were involved. Thus far, Detroit and New York are the only two clubs known to have serious interest in Blount, as Charles Robinson of Yahoo! Sports recently reported that both teams were “in play” for Blount.
The Patriots’ decision to tender Blount complicates matters, but only slightly. Blount can still negotiate with other clubs but will now count against the 2018 compensatory formula. However, the last compensatory pick is currently tied to a $2.05MM annual salary, so the club that inks Blount would only sacrifice a 2018 comp selection if Blount earns more than that total.
The Lions don’t have to consider any possible compensatory pick forfeiture, as they aren’t projected to earn any comp selections in 2018. The Giants, meanwhile, are currently entitled to a 2018 fourth-rounder as a result of losing defensive tackle Johnathan Hankins. But, as Nick Korte of Over the Cap writes, Big Blue could take measures to sign Blount and ensure they retain a compensatory pick.
If Blount doesn’t sign by July 22, the Patriots will own exclusive negotiating rights through Week 10 of the regular season. If Blount doesn’t sign his tender (or agree to another deal) with New England before then, he’ll be forced to sit out the entire 2017 campaign.