"To the organization: Thank you for the opportunity to play the game I love at the highest level. The last five years have been filled with great wins and tough losses. Personal achievements and humbling adversities. I was and always will be proud to have worn the Cincinnati Bengals logo and honor the history behind it."
"All trades are difficult. You have to find a partner. you have to have cooperation with your players. Trades can be complicated. Had the Bengals placed the franchise tag on Hendrickson and he signed it before it was rescinded, it would have cost the team $30.2 million against this year's cap."
The Cincinnati Bengals declined to franchise tag All-Pro defensive end Trey Hendrickson before the Tuesday deadline, making him available as an unrestricted free agent when the NFL free agency period opens. Hendrickson posted a farewell message thanking the organization, coaches, and fans for his five years with the team. The Bengals had previously considered tagging him to potentially acquire draft capital, but determined that trading a tagged player is complicated and requires player cooperation. Tagging Hendrickson would have cost the team $30.2 million against the salary cap. Last offseason, the Bengals granted Hendrickson permission to explore trade options after his All-Pro season, though no deal materialized.
Read at ESPN.com
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