I want to be happy, guys. I really do. I want someone to assure me that we didn't just lose J.G. and others just so we could have Drew.

Praise the Lord and pass me a hurricane - I'm ready for a toast or 2 or 3.

WhoDat? DrewDat!!

Exactly what I'm worried about. We free up some room now, but will be paying a 39 year-old qb a ridiculous amount of money and eating up cap space. I appreciate the all-in move (especially with Brees' last good years), I just don't want to see us handcuff ourselves to a point where we have no room to make necessary moves.

IMO, this means that the draft will become ever more important to this franchise over the next half decade. We will need low-cost producers at other positions.

I second that Hamina. Be CAREFUL people!

What team have you been following the last half a decade? The Saints under Loomis and Payton are the KINGS of low-cost, high reward producers, undrafted free agents, low picks, surprises, and guys passed over by other teams. Who the heck are are Pierre Thomas, Marques Colston, Chris Ivory, Jahri Evans, Carl Nicks, Jabari Greer, and Jimmy Freaking Graham???? They're nobodies that THE SAINTS found, and found for dirt CHEAP.

WE GOT THIS. Not worried. Not worried at all!

The cap is projected to explode after 2014 because of the new TV deal.

I like this,,, Fiday the 13th, bad luck well this is what i came up with for the 13th and Goodell. To hell with him, we got Brees back

I guess I'm not going to get assurance.

I'M ONLY HAPPY WHEN I'M FREAKING OUT ABOUT JIMMY GRAHAM!!!! lol

:lolup:

I know right. Can't we just be happy in the moment? This sure beats the hell out of having to hear about Bounties and all the doomsday predictions on Brees.

I'll worry about later, LATER!! Live'n in the moment right now! :bng:

What draft? we aint got no stinking draft, at least not next year.

I applaud Brees for getting what he wants. We should hold our breaths to see if we get what WE want, which is another SB win.

it's my understanding that there are provisions in the deal that can relieve cap room and salary. the guaranteed money aside, much of the contract is performance based (particularly in the end). yes, it's a big hit but not crippling.


completely unrelated note and I know its arbitrary but really impressed that Drew ended his comments with "now I need to go earn it". awesome to finally see an athlete make that statement.

I was in the middle of my concealed carry class today when I got a text from a girl at work.

I just got home, and all I can say is:

http://www.one4theotherthumb.com/ima...ints/moses.jpg

We gained quite a bit of salary cap room from this deal with Drew so don't worry about Jimmy... We'll take care of him. I know it doesn't make sense that we'll be paying Drew so much money this season and we actually GAINED cap space but that's why "In Loomis We Trust!" The dude's a freaking genius GM.

Brees beat both the Superdome curse and the Madden curse. He ain't scared of no Jasonday.

Concealed carry? I'm guessing had Drew not singed you were preparing to, uh, handle that situation for us? LOL

Well, well, well, :mrgreen: ... congratulations WhoDats, you got your boy ... was there ever any doubt?, :lol:. Enjoy the rest of the summer, :).

It's Friday night! Ok, this is cause for serious celebration!!! Sure wish I weren't in Texas, and was cruising the French Quarters about now. :) Congrats to Drew and to us all! Everyone breathe! WHO DAT!!!!

If virtual "Cheers!" got us drunk we'd all have a very miserable day tomorrow lol!!

Championshipppppp!

I hope Dude is ok! Somebody needs to go check on him.

IN A SALARY CAP MOVE TODAY...

SAINT CUT TOM BENSON TO MAKE ROOM FOR DREW BREES.

:lolup:

I didn't post on this topic shortly after he was Franchised because I knew it was going to come down to the wire. Glad we finally got Drew locked up. Now let's get back out on the field and put this offseason behind us!

Doesn't seem that bad, only I'm worried that the cap won't increase as much as was projected earlier, since there have been reports and announcements (f.e. Robert Kraft) that seem to indicate that the cap had already been adjusted in accordance to the looming TV deals in the new CBA, and so the cap won't experience a sudden hike after 2014 as was widely speculated. But, I guess the Saints' FO would know more about it than me...

Still, Brees is probably worth it, and they can always try to restructure towards the end of the contract if both sides are willing.

I'm so happy that this is finally done and that Brees stays a Saint, nevertheless, this ordeal has changed the way I view him - for the worse -although, on the other hand, I totally understand where he was coming from in the negotiations.

Then again, he has never been my favorite Saints' player, and probably never will be, mainly because he doesn't play on the defense. ;-)

:bng:

No sign of The Dude yet!

http://lp.imageg.net/prod?set=key[na...tomback.chain]

The details from PFT:
The details on Drew Brees new contract have made their way to PFT headquarters.

And they are spectacular.

Brees, per a source with knowledge of the deal, will receive a $37 million signing bonus and a $3 million base salary in 2012. The full signing bonus will be paid out within the next six months.

The $40 million paid in 2012 is fully guaranteed. For now, $20 million beyond 2012 is guaranteed for injury only. Next year, on the third day of the waiver period (typically, the third day after the Super Bowl), $15 million of the injury guarantee becomes fully guaranteed. The extra $5 million remains guaranteed for injury only.

In 2015, again on the third day of the waiver period, more than half of his $19 million base salary becomes fully guaranteed. Ditto for 2016; on the third day of the waiver period, more than half of the $20 million base salary becomes fully guaranteed.

The device in the last two years of the contract forces the Saints to cut him, if at all, sufficiently early in the offseason to give him a full chance to land elsewhere.

In all, he’ll receive $40 million this year, $10 million in 2013, $11 million in 2014, $19 million in 2015, and $20 million in 2016.

The new deal actually reduces Brees’ cap number dramatically, from $16.37 million to $10.4 million. Next year, his cap number will be $17.4 million. In 2014, the cap number will be $18.4 million. By 2015, when the new TV deals from 2014 hit the cap, Brees cap number will be $26.4 million. In the final year of the deal, the cap number becomes $27.4 million.

The structure makes it, in essence, a three-year, $61 million contract with a team option for year four (at $19 million) and year five (at $20 million).

If he keeps playing at a high level and stays healthy, he’ll potentially get it all. If not, he’ll be on the market before free agency begins, in 2015 or 2016.

Brees gets $37 million to sign | ProFootballTalk



salary cap expectations: NFL tells teams to project flat salary caps thru 2015: 2013 ($121 mln); 2014 (122 mln) 2015 (125 mln), and then in 2016 $130 mln.

Best Saints headline since beating the Lions in the wildcard round of the playoffs!!!

WHODAT!!!

Edit: Nevermind

I love this article. I want to make sweet love to it Chef from South Park style. I want to do dirty, dirty things to it.

The 40 Mil is a representation of all the 40 burgers we'll be putting up this coming year. Ha!

I don't think he makes it to the end of the contract.

They may renegotiate for a more friendly cap number. ;)

So the drama is over. Thank God !

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.

I envision Loomis this way: The Mick!
http://t0.gstatic.com/images?q=tbn:A...oEtLg3YanzvPvQ

"yous guys sign that damn paper and get back to werk"...."Yous better eat lightnin' and crap thunder kid! "

Did anyone ever really doubt it?

Uhh, not me...http://www.ar15armory.com/forums/sty.../whistling.gif

C H A M P I O N S H I P !!!!!!