Source: Tag likely for Wes Welker

Updated: February 25, 2012, 10:48 PM ET
By Adam Schefter | ESPN

The New England Patriots are likely to place their franchise tag on wide receiver Wes Welker, according to a league source.

The two sides have been discussing a new deal, but if one cannot be reached, New England plans to use the $9.5 million franchise wide receiver tag.

Welker, 30, led the NFL with 122 receptions in 2011 but he failed to catch a long pass from Tom Brady in the fourth quarter of Super Bowl XLVI that would have put the Patriots in the red zone and might have ...

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