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Report: “No chance” Bills use franchise tag on Stephon Gilmore

Buffalo Bills v Cincinnati Bengals

CINCINNATI, OH - NOVEMBER 20: Stephon Gilmore #24 of the Buffalo Bills intercepts a pass during the second quarter of the game against the Cincinnati Bengals at Paul Brown Stadium on November 20, 2016 in Cincinnati, Ohio. (Photo by John Grieshop/Getty Images)

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The Bills will not place the franchise tag on cornerback Stephon Gilmore, the Buffalo News reported.

The report quoted a team source as saying there’s “no chance” the Bills would use the tag, which is expected to cost around $15 million for a cornerback this year, on Gilmore.

Wednesday is this year’s deadline for applying the franchise tag. Gilmore, 26, would become a free agent March 9 unless he signs a new deal with the Bills before then.

A first-round pick in 2012 and first-time Pro Bowler in 2016, Gilmore had a career-best five interceptions last season and has 14 in his career. This is his first flirtation with free agency.