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Saints put franchise tag on Drew Brees

Updated: March 4, 2012, 8:42 AM ET
By John Clayton | ESPN.com

The New Orleans Saints have placed their exclusive-rights franchise tag on quarterback Drew Brees, the team confirmed Saturday.

The Saints were unable to agree to a long-term deal with Brees and didn't want to risk losing him in free agency.

The franchise tag for a quarterback currently carries a $14.4 million salary cap hit, but the number could increase later this spring when the quarterback cap numbers are re-evaluated.

Sources told ESPN ...

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