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Yes, the Giants could use the âfranchise tagâ on him â and they might. But the 2013 tag for receivers was $10.5 million, and the Giants already have about $106 million in cap space tied up in 49 players in 2014. Taking that kind of financial hit might not be feasible or smart. And if they do âtagâ Nicks theyâd have about $18 million in cap money tied up in two wide receivers, with a young, talented player in Rueben Randle sitting behind them.