Saints place the franchise tag on quarterback Brees...
or someone will Theismann him...
METAIRIE, La. (AP) -- The New Orleans Saints have placed the franchise tag on Drew Brees -- giving them exclusive negotiating rights with their Pro Bowl quarterback for the next year.
Brees has been involved in lengthy contract talks with the Saints and, without the tag, could have negotiated with other teams as a free agent. Team spokesman Greg Bensel said Saturday that the Saints were officially notifying the NFL of the designation.
The New Orleans Times-Picayune and ESPN.com previously reported Brees would get the tag.
In January, Brees said he would be "beyond stunned" if he and the Saints are unable to agree on a contract extension during this offseason.
Read more: http://sportsillustrated.cnn.com/2012/football/nfl/03/03/brees.franchise.ap/index.html#ixzz1o7ufTK7N