By Scooby Axson
June 27, 2012

Saints quarterback Drew Brees has yet to sign his franchise tender worth $16.4 million. (Joey Foley/Getty Images)

New Orleans Saints quarterback Drew Brees is expected to learn within a week if he will be able to collect $4 million if he is franchised for a third time next season, according to NFL.com.

Brees attended a grievance hearing in Philadelphia on Wednesday to sort out franchise-tag rules and the compensation involved. He is represented by the NFLPA, which says that Brees is due to receive a raise of $7 million from the franchise tag if tagged again in 2013. Brees has yet to sign his franchise tender for this season, worth $16.4 million.

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