(NEW YORK) — The New Orleans Saints and Super Bowl champion quarterback Drew Brees are still a long way from getting a new deal done, according to league sources.
Both sides are trying to complete a deal before Monday’s deadline. If they are unable to reach a deal by then, the Saints will be forced to slap the franchise tag on Brees.
“I think there’s been progress made,” Brees said, when asked about reports that he and the Saints were far apart. “But just like everything it’s a process. It takes time. It’s not something that happens overnight.”
If both sides are able to reach a deal before Monday, this would free up some cap room for the Saints to focus their attention on franchising either wide receiver Marques Colston or Pro Bowl guard Carl Nicks.
In 2011, Brees set NFL single-season records with 468 completions, 5,476 yards passing and a completion percentage of 71.2.
Copyright 2012 ABC News Radio
Jill Martin, CNN