According to Yahoo’s Jason Cole, the Chargers have rejected the Vikings’ offer of a second round pick and a conditional pick in 2011 for receiver Vincent Jackson. San Diego reportedly wants a second and a third round selection for V-Jax.

The Chargers may ultimately get little or nothing for Jackson if he, his agents and the team that eventually signs him has their way. The indication from two sources is that Jackson may structure a long-term contract with another team that includes very little money in the first year, a key component for how compensatory draft picks are determined.

Both Chargers general manager A.J. Smith and agent Neil Schwartz, who represents Jackson, declined to discuss the situation.

All three sources were pessimistic about a deal getting done with either the Vikings or an unidentified team that is willing to sign Jackson to a long-term deal. The Chargers have until 4 p.m. ET on Wednesday to trade Jackson so that he can play by the fifth game of the season with a team that acquires him.

Only the Vikings could leave me wanting to put my hand in an electric saw rather than talk about the same topic over and over and over again. (Ahem – BRETT FAVRE, ahem. Sorry…got something caught in my throat.)

After another dismal effort by Lord Favre and Minnesota’s offense on Sunday, I wrote about how the Vikings may just want to trade for V-Jax and get the situation over. Click here to check out my thoughts on the subject.