Chris Godwin’s tag is worth $15.9 million, but the Pro Bowl receiver is likely shooting for a deal in the WR1 range. Mark J. Rebilas-USA TODAY Sports

There’s some hope that Chris Godwin could end up inking an extension with the Buccaneers after all. ESPN’s Jeremy Fowler reports (via Twitter) that there’s still a “chance” that the wideout inks a long-term deal with Tampa Bay.

[RELATED: Status Of 7 Remaining Franchise-Tagged Players]

The Buccaneers have been willing to dish out money this offseason to retain their top players, but Godwin’s demands could be too pricey for the organization. As Fowler notes, Kenny Golladay was able to earn $18 million this offseason from the Giants; that type of average annual value might not be palatable to the Buccaneers front office.

We heard last week that negotiations between the two sides weren’t particularly close. Godwin’s tag is worth $15.9 million, but the Pro Bowl receiver is likely shooting for a deal in the WR1 range. Presently holding less than $500,000 in cap space (and, not to mention, paying fellow wideout Mike Evans a sizable contract), the Bucs will need to create some room if they truly want to re-up Godwin.

The former third-round pick has just one 1,000-yard season on his resume, but the Bucs did not make him a full-time player until they traded DeSean Jackson after the 2018 season. Godwin blew up for 1,333 yards and nine touchdown receptions in 2019. Although he encountered multiple injuries last season, the Penn State product still surpassed 800 yards and remains an essential part of Tampa Bay’s loaded skill-position corps.

More must-reads:

TODAY'S BEST
Canucks' Nikita Zadorov takes a shot at NHL over teammate's suspension
Sports radio star Doug Gottlieb to coach college hoops while staying on the air
NFL scores big win in legal battle with ex-Raiders head coach
Astros 3B breaks out of slump in contract year
Cardinals sign second-round CB
Micah Parsons makes history with new Bleacher Report deal
Celtics assistant named candidate for Lakers HC job
Rudy Gobert fined $75,000 for gesture in Game 4
Former Canadiens GM on Blue Jackets' radar
Cubs designate lefty reliever for assignment
Two-time Super Bowl champ signs with AFC contender
Stars center matches Gretzky feat as Dallas pushes Avalanche to brink
Gritty young Thunder take down veteran Mavericks in Game 4
Cubs acquiring veteran reliever from Mariners
Top-five NBA Draft prospect suffers scary non-contact injury
Hurricanes stay alive with third-period outburst vs. Rangers
Jaylen Brown's big three-pointer gives Celtics 3-1 lead over Cavs
Avalanche star placed in player assistance program
Mercury announce devastating injury on eve of WNBA season
Randy Moss' son makes major football announcement

Want more sports news?

Join the hundreds of thousands of fans who start their day with Yardbarker's Morning Bark, the best newsletter in sports.