New Orleans Saints quarterback Drew Brees is mighty upset with his employer’s decision to place the franchise tag on him — a move that ensures Brees’ immediate position on the roster but does little to clear up his long-term status with the club. Citing a New Orleans radio station, CBS Sports’ Larry Holder reports:

Drew Brees is “livid” about being franchise tagged and not receiving a long-term contract, according to WIST-AM in New Orleans. The radio station cites sources in the Brees camp that he will not sign the franchise tag deal. Brees and the Saints have until July 15 to hammer out a long-term deal. If a deal isn’t struck, Brees must sign the franchise tag deal or hold out.

Yahoo Sports has a lengthier analysis of the situation. Read it here.

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