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02-29-2012, 06:28 AM
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Super Moderator
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Join Date: Feb 2004
Location: Monroe, La
Posts: 20,629
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New Orleans Saints continue to work on new contract for Drew Brees
Full Story – Nola.Com
The first big deadline in the negotiations between the New Orleans Saints and quarterback Drew Brees is less than a week away. Teams have until Monday to designate one of their unsigned free agents with the franchise tag, which essentially gives them exclusive negotiating rights to that player.
The Saints will use the franchise tag on Brees if they don't sign him to a long-term contract before Monday, because they can't risk letting him go to another team and because the franchise tag gives them their best leverage in negotiations. The franchise tag on Brees would cost the Saints about $14.5 million for one year, but a long-term deal with Brees is expected to average around $18 million per year or more.
Still, the Saints and Brees would like to avoid using the franchise tag. Brees wants more long-term security. And the Saints would have the ability to use the tag on another priority free agent, most likely guard Carl Nicks.
By Mike Triplett / Times Picayune
Full Story – Nola.Com
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