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Chargers Are Still “Highly Unlikely” To Franchise Vincent Jackson

San Diego Chargers GM A.J. Smith maintained that he’s still uncomfortable applying their franchise tag to Vincent Jackson for the second straight year.

Right now, I’m not real comfortable with what I see for a tag, but we haven’t ruled it out yet because we have so much to do,” Smith said, via NFL.com. “(I can) tell you right out front, it’s highly unlikely, and every time I look at that situation, I don’t like it, I still don’t like it, but we’ll see.”

Tagging Jackson will cost them $14 million for the 2012 season and the Chargers have plenty of positions to address during the offseason so allocating that kind of money to one player leaves them with very serious financial constraints. San Diego is expected to have between $9 – 10 million in cap space but that doesn’t account for some players that may not be brought back or released.

Jackson will surely net a huge contract on the open market so he’s in a pretty good situation no matter how things play for them.

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