That also allows the Patriots to match any offer sheet made to Butler by other National Football League teams, and that includes the New Orleans Saints.
So, to summarize: (1) Saints negotiate with Butler; (2) if a tentative deal is reached, Saints approach Patriots; (3) if a tentative trade is reached, Butler signs tender; (4) Patriots sign Butler to multi-year deal and trade him or Patriots trade him and Saints sign him to multi-year deal.
Meanwhile, the Patriots signed fellow cornerback Stephon Gilmore from the division-rival Buffalo Bills early in free agency.
That's the scenario Butler finds himself in now and the Patriots don't seem interested in extending the four-year vet from West Alabama at a rate competitive to what the team recently paid CB Stephon Gilmore.
According to La Canfora, the Patriots are fine with the idea of Butler signing with another team since it will give them a first-round pick.
Butler's agent, Derek Simpson, said last week that reports of Butler asking for "the moon" in his next contract were "completely false" as the "Patriots haven't approached Malcolm about his contract since past year".
Let the Madness Begin!… NCAA Tourney is Here
The Wildcats will hear their name called during the selection show and will make their first NCAA tournament this year. All of the games will also be streaming online through the NCAA's website and the NCAA March Madness Live app .
"To the Fans of New Orleans and the organization", Cooks wrote, "I want to thank you from the bottom of my heart for giving me the opportunity to play there". Even with Malcolm Butler still on the team, the Patriots have made a huge investment in Gilmore.
I didn't disagree with the Graham trade two years ago, so I'm certainly not going to question the expected departure of Cooks, a highly productive receiver and budding prima donna. Instead, they traded Jones for a second-round pick and guard Jonathan Cooper. Sometimes, they trade their own well-known players in exchange for draft picks, such as their midseason trade with the Cleveland Browns, in which they sent linebacker Jamie Collins to Cleveland for a compensatory third-round pick. The Saints are still the favorites to land Butler.
The only question will be what the Patriots would receive in return.
Meanwhile, as the process has gone on, it's been mentioned how much Butler has to lose if he takes the field in 2017 and suffers an injury that would end his earning potential.
In case you missed it, sit back, relax and digest the CliffsNotes version of the first two days of free agency for the New Orleans Saints. If you were the Patriots, is that enough compensation to let arguably your best defensive back walk out the door? But at the of the day, the New England Patriots can still match whatever contract is offered to Malcolm Butler for him to stay with the New England Patriots.
In all, the New England Patriots have added the type of player they have been missing since they traded Moss during the 2009 season.
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