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SAINTS SIGN BREES - 5 YEARS, 100 MILLION!!!

this is a discussion within the Saints Community Forum; The 40 Mil is a representation of all the 40 burgers we'll be putting up this coming year. Ha!...

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Old 07-13-2012, 09:00 PM   #111
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The 40 Mil is a representation of all the 40 burgers we'll be putting up this coming year. Ha!
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Old 07-13-2012, 10:28 PM   #112
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I don't think he makes it to the end of the contract.
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Old 07-13-2012, 10:34 PM   #113
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Originally Posted by Euphoria View Post
I don't think he makes it to the end of the contract.
They may renegotiate for a more friendly cap number.
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Old 07-13-2012, 11:57 PM   #114
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So the drama is over. Thank God !
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Old 07-14-2012, 12:21 AM   #115
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Originally Posted by TheDeuce View Post
Can somebody explain how this year's value is $40M, but he is only counting $18.6M towards the cap?
Late to the party. Probably answered. The signing bonus is spread out over the length of the contract. So the $37 million is spread out at $7.4 million per year. There's $3 in base the first year. So that's $10.4 million. The rest is the other guaranteed dollars which are also spread over the life of the contract.
I love Drew as much as anybody, but I hope we didn't just shackle our financial flexibility to a QB who will be 39 in the final year of his contract.
Drew will never get to the end of this contract. If he's still productive by year 4, it'll be restructured. If not then the Saints and Drew part ways with services rendered. That's why the structure of the contract, which virtually guarantees $55 million to be paid out in the first three year was crucial to get straight.

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The Saints have been to playoffs 4 of the last 5 years and a own a SB championship.

I can hardly believe this happened in my lifetime.
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Old 07-14-2012, 05:41 AM   #116
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Originally Posted by SaintFanInATLHELL View Post
Late to the party. Probably answered. The signing bonus is spread out over the length of the contract. So the $37 million is spread out at $7.4 million per year. There's $3 in base the first year. So that's $10.4 million. The rest is the other guaranteed dollars which are also spread over the life of the contract.

Drew will never get to the end of this contract. If he's still productive by year 4, it'll be restructured. If not then the Saints and Drew part ways with services rendered. That's why the structure of the contract, which virtually guarantees $55 million to be paid out in the first three year was crucial to get straight.

SFIAH
And that being said.... It seems... After all..... Drew Brees did something that was good for the team, and the city of New Orleans. The contract is full of salary cap relief, and "outs" for the team..... I would not be completely surprised if a good % of the reason this drug out was to get the contract structuring right... This is one of the most complex structures I have seen, and both parties share the risk for the total price but also have the outs...

I don't think he should ever be doubted again.
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Old 07-14-2012, 05:45 AM   #117
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I envision Loomis this way: The Mick!


"yous guys sign that damn paper and get back to werk"...."Yous better eat lightnin' and crap thunder kid! "
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Old 07-14-2012, 12:38 PM   #118
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Did anyone ever really doubt it?
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Old 07-14-2012, 01:16 PM   #119
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Originally Posted by Rugby Saint II View Post
Did anyone ever really doubt it?
Uhh, not me...
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Old 07-14-2012, 08:37 PM   #120
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C H A M P I O N S H I P !!!!!!
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