The Facts:
A Hail Mary remains possible, but as of late Saturday night the expectation is the New England Patriots and Welker will not reach a contract extension by Monday's 4 p.m. ET deadline for franchise-tagged players.
Reported by ESPN.com
Fantasy Football Diehards Line:
A source close to Welker told ESPN.com's Mike Reiss that as of Saturday dialogue between the sides wasn't overly active. The source said that at this point, it would be a surprise if an extension was reached, but cautioned that things always could shift as the deadline approaches. ... Franchise-tagged players who don't reach an extension by Monday's deadline have to play the 2012 season under their one-year tender. For Welker, that's a $9.5 million fully guaranteed deal, which he's already signed. The sides then couldn't finalize an extension until after the 2012 season, when Welker would be scheduled for unrestricted free agency.
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