The deadline for using the franchise tag is fast approaching and the Cowboys reportedly haven’t come to a final decision about whether or not they want to place it on linebacker Anthony Spencer for the second straight season.
David Moore of the Dallas Morning News reports that officials from the team are still meeting ahead of the 4 p.m. ET deadline. The messy financial state of the the Cowboys has been seen as a big reason why the team wouldn’t use the $10.63 million tag even if they wanted to continue working toward a new, less cap-unfriendly deal that would secure Spencer’s services beyond the 2013 season.
Even that kind of a deal could be problematic. Jerry Jones intimated recently that any offer from the Cowboys for a long-term deal was likely to be below what Spencer would be able to command from another suitor.
There’s still “nothing definitive” on either front in Dallas, which could signal the impending departure of Spencer from the Cowboys.