Probably not top 3 WR money, but I would give him a lot of money. It appears that the Bears gave Jeffery an "Allen Hurns" offer, which was pointless. The Bears needed to make a strong offer (but not a top 3 offer) to Jeffery, negotiate, and get a long term deal set up prior to this year. Putting Jeffery on the franchise tag accomplished nothing, because the Bears now are paying top 3 WR money for this year, and then Jeffery gets to hit the open market. If I were the Bears, I would have tried like heck to get Jeffery to sign prior to him going to the open market, because I'm sure some NFL team will pay Jeffery big bucks regardless of 2016 production.