40% first year.... Salary cap relief!

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THANK GOD!!!!

About F time

Drew Brees, New Orleans Saints finally agree to five-year, $100 million contract - New Orleans Saints Football NFL News - NOLA.com

The Who Dat Nation can finally breathe. Drew Brees and the New Orleans Saints agreed to a five-year contract worth $100 million on Friday, according to ESPN's Chris Mortensen, making the 33-year-old quarterback the highest-paid player in NFL history.


Michael DeMocker / The Times-Picayune
Drew Brees and the New Orleans Saints have really agreed to terms on a new contract for the franchise quarterback.
The average salary of $20 million surpassed the $19.2 million per year that the Denver Broncos gave quarterback Peyton Manning earlier this year. ESPN reported the deal is worth $40 million in the first year, with $60 million guaranteed in the first three years.

The deal is not expected to cause any salary-cap problems for the Saints in 2012. Brees was already counting against the Saints' cap at a salary of $16.4 million this year (the size of his one-year franchise tag offer). And the team could easily structure his long-term deal in a way that keeps his cap figure the same or lower.

The deal came two days before Monday's deadline for franchise-tagged players to reach long-term contracts. And it came just 11 days before the Saints are scheduled to report to training camp. Brees missed the Saints' entire workout program during the high-stakes contract standoff, which lingered for months until the deadline pressure finally kicked in.

Although the contract talks were intense, they aren't expected to cause any lingering resentment from either side. This was a win-win deal that both sides were always hoping to reach, even if they squabbled over a few million dollars here and there. Expect a lot of positive comments from both sides today and a lot of optimism about the 2012 season.

Brees can now turn his focus toward following up one of the greatest statistical seasons in franchise history. He helped raise his historical market value last season by throwing for a NFL-record 5,476 yards while leading the Saints to a 13-3 record.

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WHERE'S THE DUDE!!!

THANK YOU JESUS! PRAYERS ANSWERED!!!!!!!!!!!!

Sounds like Mickey may be able to afford Graham now.

He's driving back from the Kavorkian clinic as we speak.

That's a lot of Jimmy Johns franchises .... !!!

Best thing that's happened to this organization since we won our last playoff game. Heck, we lost to San Fran and I was stoked about this season!!!!