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Posted: Sunday, 02 March 2014 11:50AM

Source: Bills made "substantial" offer to Byrd

(WGR 550) -- The Buffalo Bills are unlikely to sign Jairus Byrd before the start of free agency on March 11, and it doesn't appear the franchise tag is in their plans either.

There are further details that shed some light on the situation that appears to be headed for a parting of the ways. According to a league source, the Bills made a "substantial" offer to Byrd to keep him on a long-term deal, and provided a big effort to keep him in western New York for quite some time.

Some will argue that if the two sides can't come to an agreement the best option would be to use the franchise tag on him for the second straight year. However, a league source explained the Bills have explored all of their options regarding Byrd, including exploring the potential for a trade.

What makes tagging him somewhat hard to do is the fact that he would essentially be a one-year rental for whoever deals for the safety. With Byrd hesitant to sign the "substantial" offer, the possibility remains that they're unable to move Byrd which could lead to another stand-off ahead of the regular season.

If the Bills were to tag him, they would have to do so by Monday, March 3. The tag number for safeties is $8.43 million. Earlier today, Jeremy White of WGR Sports Radio 550 initially wrote that the two sides were unlikely to come to an agreement.

Keep checking back to for more on the Byrd story.

Twitter: @JoeBuscaglia

All photos courtesy of AP
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