The deadline for teams to place a franchise tag on players is at 1pm today (San Diego time). There have been a number of teams that have already placed their tag on players like Drew Brees and DeSean Jackson. The chances of Vincent Jackson of getting one are low, but there still is a slight possibility.
Keep an eye on what happens with the other receivers in the market. The Bills just locked up Stevie Johnson to a long term deal. If Wes Welker and Dwayne Bowe get franchise tagged, then the bidding war for VJ and Marques Colston could become more intense.
Free agency starts in about a week!! March 13