Multi-year deal for Johnson?

As with any of the other franchise-tagged players this offseason, Cincinnati Bengals DE Michael Johnson must reach an agreement on a multi-year deal to replace the one-year franchise tender before the July 15 deadline, or play out the 2013 campaign on that tender (which he has already signed). We haven't heard much of anything regarding progress on such a deal for the Georgia Tech product, so what are the chances that something gets done by then?