Do we franchise tag Nicks in this off season?

As someone who dedicates the majority of his time to covering the draft and offseason. You guys are going to take a large hit this year, barring some miracle that Brees signs for under 13 Million a year. The season talks have stalled and he's refusing to sign the franchise. These both indicate that he is want somewhere around 18-20 Mil.

Pat Y. recently posted cap #s, if the Cap does raise to 125 Mil, you guys are sitting at I think 107-8 Mil in cap. in the best situation you guys will only have 6-8 Mil in cap to work with Nicks, Franchise Tagging is out of the equation at that point as the Tag for OGs as someone said is concurrent with the highest paid Olineman, not the highest paid OG. Which would put a FT on Nicks at around 11 Mil. Colston is more than likely gone if you guys resign Nicks. It just isn't feasible that You could sign Nicks and Brees to mega deals with only around 20 Mil in cap space then retain your best WR. Maybe Meachem can be retained, but I really don't see Colston coming back in that case. Now if Nicks leaves I could see Colston coming back, but than Meachem would likely leave as well, as Rodgers and maybe Porter.

This is also not figuring in the total value of this years draft picks which likely be a 3 Mil hit when all combined.

If Loomis somehow pulls it off he should deserve NFL Executive of the year, but the Eagles had to have a Lot of people willingly restructure, and they have one of the best cap managing GMs in the leauge along with the Jets.