FOXBORO, MA - JANUARY 22: Wes Welker #83 of the New England Patriots congratulates teammate BenJarvus Green-Ellis #42 after scoring a touchdown in the second quarter against the Baltimore Ravens during their AFC Championship Game at Gillette Stadium on January 22, 2012 in Foxboro, Massachusetts. (Photo by Elsa/Getty Images)

Wes Welker And The Patriots Can't Agree To Multi-Year Contract Before Deadline

Wes Welker and the Patriots couldn't come to an agrement on a multi-year contract before Monday's deadline.

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Broncos land Welker

Wes Welker and the Denver Broncos agreed to a two-year deal on Wednesday afternoon.

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Wes Welker Signs Franchise Tag From Patriots

A day after saying there are "9.5 million reasons" he won't be missing any regular season games in pursuit of a new contract with the New England Patriots, Wes Welker has signed his franchise tender, according to a report from Greg Bedard of the Boston Globe, which Welker later confirmed via Twitter.

I signed my tender today. I love the game and I love my teammates! Hopefully doing the right thing gets the right results. #leapoffaith

Welker will be getting a hefty contract from the Patriots so it's no surprise that it's taking a while for the deal to get done. The Patriots franchise tagged Welker and have no plans of parting ways with him. Signing the tender secures him the franchise tag number, which is approximately $9.5 million.

Welker ultimately getting a longterm deal from New England seems inevitable. He went on WEEI in Boston earlier this week and said he really wanted to attend the Patriots offseason program.

"We're still kind of waiting, but I'd really like to be there. I don't know. To say I'm going one way or another right now, I'm not going to say definite or anything like that. But I would definitely like to be at those mini-camps for sure."

Check out the entire interview at Sports Radio Interviews.

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Wes Welker: '9.5 Million Reasons' I Won't Miss Patriots Regular Season

Wes Welker is still stuck in a holding pattern over a possible contract extension with the New England Patriots. The veteran wide receiver is sitting out offseason workouts unless the Pats come forward to with a long-term deal to his liking. One thing Welker reportedly won't do is extend his holdout into the actual season.

The Patriots placed the franchise tag on Welker in March. He is expected to earn roughly $9.5 million next season. He doesn't have the security of a multi-year contract, however. Welker has expressed his desire to stay with the Patriots as long as he can.

For more on Welker and the Patriots, head over to the SB Nation blog Pats Pulpit. Check out SBN Boston for more news from around the area.

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