Saints likely to franchise Brees; QB frustrated
Published: February 29th, 2012 | Tags: Drew Brees, franchise tag, free agency, Indianapolis Colts, Jason La Canfora, New Orleans Saints, Peyton Manning
Frustration has built with Saints QB Drew Brees, according to sources with knowledge of the situation, and the team will use its franchise tag on him, short of a rapidly developing long-term deal.
The NFL’s franchise-tag deadline is March 5, and free agency begins the following week.
As recently as Feb. 23, Brees told The Times-Picayune that he “still was very optimistic” a long-term deal would be reached, but the former Super Bowl MVP is surprised the situation has taken this long.
The falling price of franchise tags — the price for a quarterback is $14.4 million — combined with Peyton Manning‘s contract and injury situation, however, complicate the top-end quarterback market some, and the sides have been unable to come to agreement on a multiyear deal.
Follow Jason La Canfora on Twitter @JasonLaCanfora.