The Patriots will retain Wes Welker.
The team has used their franchise tag on Welker, who has been a key wide receiver during his tenure with New England.
"Wes Welker is a remarkable football player for our team and has been a vital component to our offense and special teams since we traded for him in 2007," New England said in a statement.
"Utilizing the franchise designation allows both sides more time to try to reach an agreement, which is the goal. Wes remains a contractual priority and we are hopeful that he will remain a Patriot for years to come."
The tag is estimated to be $9.4 million and will restrict Welker from fully experiencing unrestricted free agency.
Patriots Place Tag On Welker