My read of the situation is that Indy and the Chiefs have agreed to a deal in principal, but the holdup is Sneed's contract demands.
I guess Sneed is in a bit of a no-lose situation, unless we call his bluff and terminate the franchise tag. If deep down he wants to be a Chief, he can drive his price so high that he's either going to get a huge bag...or worse case scenario for him he believes he can just come back and chase another ring.
The wildcard in this is if Veach is willing to pull the tag.
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