The Patriots have yet to use the franchise tag, and have until 4 p.m. today to apply it, or sit on it for another year. During the past two week window, there was reason to believe they might exercise the option, but with the cap space they’ve created with Tom Brady re-structuring his deal last week, and the flat cap likely springing more players on the market, it seems more likely they’ll pass and take their chances the market won’t generate huge deals. Things seems to be progressing with Wes Welker in terms of a multi-year deal. He wasn’t going to get the tag anyway at $11.4 million. The tag hits for either Aqib Talib ($10.8 million) or Sebastian Vollmer ($9.9 million) are costly, and would take up a big chunk of the cap space just gained. Perhaps the Pats will ultimately pull the trigger on the tag and assure themselves of not losing either Talib or possibly Vollmer. But it’s looking more and more like they'll keep the tag in their pocket this time around.
Will Patriots finally play tag today? Don't bet on it
Boston Herald | Mar 4