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Bills to apply franchise tag to Cordy Glenn

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Add the Bills to the list of teams planning to use the franchise tag.

Per a source with knowledge of the situation, left tackle Cordy Glenn will be restricted by the franchise tag.

Glenn will be eligible for a one-year guaranteed salary of $13.706 million, if he accepts the tender. The two sides can negotiate a long-term deal through July 15.

In the interim, another team can sign Glenn to an offer sheet. If the Bills don’t match, they’ll get a pair of first-round draft picks.

Chances are another team won’t sacrifice two first-round picks for Glenn, a second-round pick in 2012.