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There is no indication that an agreement between unsigned franchise player Drew Brees and the Saints is imminent, sources tell the Times-Picayune.

Some local television and radio reports suggested that a deal could be done as soon as Friday. But the reliable Times-Picayune and ESPN's Ed Werder are both reporting that nothing is close. Brees' grievance regarding the amount of his raise under the franchise tag rules won't even be heard until the final week of June, according to PFT's Mike Florio.

Source: New Orleans Times-Picayune