Can we pull the franchise tag off Hardy?

[DelhommesTheMan]

Can we still pull the franchise tag off now that Hardy has signed it already?  Was just thinking that if somehow we negotiate a reasonable contract with a guy like Jared Allen over the weekend, obviously it would be highly beneficial to free up that money in the short term for other holes.  With the 3 day period to negotiate, a lot of deals will get done before free agency officially begins and if we have the option i would think about pulling the tag back if a long term deal doesn't get done.

[SCP]

Hardy signed his tender so we can't rescind.

[pantherclaw]

Nope. Once he has signed the contract, all ya can do is negotiate a new long term.

Or for the madden fanatics, trade him.

[SevenSixes]

The only way we can get him off the tag is to sign him to a long term deal.

 

We offered, he accepted. Done and done..

[LinvilleGorge]

One of three things can happen:

 

1. Hardy plays out the season under the franchise tag at a $13.1M cap hit.

2. We sign Hardy to a long-term deal by July 15th.

3. We trade Hardy.

 

#3 seems by far the least likely.  #2 IMO seems the most likely.  If we're to have much flexibility in free agency, we need to knock out that long-term deal ASAP.

[Doc Holiday]

One of three things can happen:

 

1. Hardy plays out the season under the franchise tag at a $13.1M cap hit.

2. We sign Hardy to a long-term deal by July 15th.

3. We trade Hardy.

 

#3 seems by far the least likely.  #2 IMO seems the most likely.  If we're to have much flexibility in free agency, we need to knock out that long-term deal ASAP.

 

Basically we are stuck with Hardy's tag cap hit unless we get him to sign to a new long term contract by july 15th, but it basically means that Hardy is here to stay, and is more about how much are we going to end up paying him.

 

http://nfl.si.com/2012/03/05/nfl-franchise-tag-deadline-roundup/