Yes he will.
For me as much as a legend Bobby is, for a player with his injury record, I just think its a gamble not worth making, and think it will be more of a case of the board making a signing to keep the fans onside after a terrible season, much like IMO offering Calderon a new deal, then...
You'd be surprised!! He will be on more wages than anyone who's gone before him at the club. Personally I would rather see the wages spent on someone like Chris Wood.