The Facts:
The Patriots and Welker failed to reach an agreement on a long-term contract. The two sides had until 4 p.m. ET on Monday to hammer out a long-term contract since the Patriots had placed the franchise tag on Welker.
Reported by NFL.com
Fantasy Football Diehards Line:
Without a new deal, Welker will earn a guaranteed $9.5 million in 2012. If the Patriots decline to tag him next year, he becomes an unrestricted free agent. Welker arguably had his best season in 2011, catching 122 passes for a career-high 1,569 yards and nine touchdowns, which was also a personal best. However, a dropped pass late in Super Bowl XLVI tarnished the campaign. Welker has made it clear he plans to play for the franchise tender.
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