Report: Saints have reworked Brees's contract to free up nearly $24M

TheOak · 02-07-2021, 08:11 AM

Originally Posted by lee909

The 24ml was non guaranteed 2021 Salary wasn't it?
The rest was signing bonus that was already paid but the Saints are just putting it through the books as Post June 1st. The league wouldn't let him drop his salary to manipulate the cap. It means nothing to Drew other than his retirement papers go through on June 1st.

Sorry am i missing something here
Drew hasn't written off money has he?

$25M was guaranteed and paid last season (2020) and that included his signing bonus. All he has to do is renegotiate for league minimum.

02-07-2021, 08:11 AM	#23
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,050	Re: Report: Saints have reworked Brees's contract to free up nearly $24M Originally Posted by lee909 The 24ml was non guaranteed 2021 Salary wasn't it? The rest was signing bonus that was already paid but the Saints are just putting it through the books as Post June 1st. The league wouldn't let him drop his salary to manipulate the cap. It means nothing to Drew other than his retirement papers go through on June 1st. Sorry am i missing something here Drew hasn't written off money has he? $25M was guaranteed and paid last season (2020) and that included his signing bonus. All he has to do is renegotiate for league minimum.