Posted Wed Feb 16th by Jon Heath
Contract talks? Â Let there be dancing and singing in the streets of Denver! Â Not so fast, says Bailey.
Earlier today the Denver Post reported that the Denver Broncos were once again in contract talks with cornerback Champ Bailey, resuming negotiations they dropped before last seasons end.
Shorty thereafter, Fox31 Anchor Josina Anderson reported that Bailey is going to sell his house.  That doesn’t sound promising. The full report from Anderson can be seen below:
According to sources close to discussions, “The Broncos’ negotiating posture has not changed in any respect from the offer that was made back in October which provided only limited guarantees. The money represents nothing more than a commitment to the player for just the upcoming season only, which Bailey would be highly unlikely to accept in its current form on the brink of free agency given the lack of security provided beyond the first year of the contract.”
Denver has until February 23rd to place a franchise tag on Bailey, who would otherwise become an unrestricted free agent.  According to Jeff Legwold of The Post, at this point, the Broncos are not expected to use a franchise player tag, and the $15 million, guaranteed salary that comes with it, on Bailey.
Champ himself has said he would like to stay in Denver, but more than that he would like to be “in position to win and committed to win. I can’t wait forever.” Â Broncos Head Coach John Fox added, “We’ve had some dialogue there. There have been discussions. He’s a guy we definitely want to bring back.”
So it looks like the Broncos do want to retain Bailey, but not at the price Bailey and his agent are asking. Â Surely the uncertainty of the CBA isn’t helping anything. Â It sounds like the two sides are at a standstill, which is not a positive. Â In my opinion, it’s time to just pay the man.
Broncos’ Champ Bailey puts house up for sale, as free-agency nears [Denver Post]
“I am putting my  house up for sale.” [Champ Bailey, via Josina Anderson]
Broncos, Champ back in contract talks [BroncoTalk]
Published on 02/16/2011 at Wed Feb 16 16:24.
Tagged: 2011 Free Agency,Champ Bailey,Denver Broncos,Josina Anderson,NFL CBA.