Steelers tender tackle Colon
Tuesday, March 02, 2010
By Ed Bouchette, Pittsburgh Post-Gazette
The Steelers have tendered starting tackle Willie Colon a one-year contract offer of $2,521,000 today, the Post-Gazette has learned.
That tender maintains the Steelers rights to Colon as a restricted free agent. The level of compensation tendered him means that if another team, starting Friday, signs Colon to a contract the Steelers would receive a first-round 2010 draft choice in return if they decline to match.
NFL teams have five levels of tenders they can choose to offer their free agents ranging from $1,176,000 to $3,168,000. The latter would bring a team draft picks in the first and third rounds if they decline to match. Colon received the second-highest tender available.
The Steelers have until Thursday to tender one-year contracts to restricted free agents.
The Steelers also gave punter Daniel Sepulveda the lowest tender permitted to maintain their rights of first refusal. Under those conditions if Sepulveda signs with another team and the Steelers decline to match, they receive nothing in return.
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