Do we franchise tag Nicks in this off season?

I think what Brees said is he won't sign the contract that comes with the franchise tag. He can't stop the Saints from placing the tag on him, but he doesn't have to sign the offer that comes with the tag. That's what I understood from that story.

Plus Loomis would be ran out of town if he didn't place the tag on Bree's and placed it on Nick's instead!!!