The Facts: Adams informed the Green Bay Packers that he will not play on the franchise tag in 2022, NFL Network's Ian Rapoport and Tom Pelissero reported Monday.

Diehards Line: Green Bay placed the roughly $20 million tag on Adams ahead of the March 8 deadline after the two sides could not agree to terms on a long-term deal. Rapoport and Pelissero added Monday that the sides are still far apart on a contract extension. Adams and the Packers have until July 15 to strike a deal or else the receiver will enter the 2022 campaign on the franchise tag. Adams isn't obligated to attend minicamp, training camp or any other team workouts until he signs the tender. Now that Aaron Rodgers is on board for another run, the Packers need to figure out a way to make both quarterback and receiver happy enough to return. At 29 years old, Adams is understandably ready to cash in for perhaps the last time in his professional career.