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October 4, 2014

New Orleans Saints News

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Drew Brees, New Orleans Saints, 5 years, $140 million ($75 million fully guaranteed) The Saints are handcuffed a bit because they can't franchise Brees (his contract prevents it) and they must get a new contract finished prior to March 14. That's the date when his current deal voids, and if that passes an $18 million cap hit will incur. Brees' last season was in essence a one-year contract that was masked as a four-year extension with dummy years tacked on the end. Expect a similar tact this time around. So the numbers you see above might look like the kind of thing you'd see for a quarterback a decade younger. It has less to do with Brees playing until he's 44 (we think) and more to do with cap wizardry. The cap hit might hurt down the road, but the Saints might not have much choice here. But there are a few other factors at play here. Brees' agent, Tom Condon, also reps Matt Ryan, who is due an extension this offseason. Expect Brees' deal to play into whatever Ryan ends up getting. If Jimmy Garoppolo got a deal at $27.5 million, then we figure Brees gets $28 mil per and Ryan gets a bit north of that this summer. If the Saints cut Coby Fleener (designated post-June 1) and a few others, the cap space will be there now. But it could mean a quiet offseason otherwise for the team. Besides, you know, re-signing the best player in franchise history.

Drew Brees, New Orleans Saints, 5 years, $140 million ($75 million fully guaranteed) The Saints are handcuffed a bit because they can't franchise Brees (his contract prevents it) and they