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Quarterback Drew Brees' agent, Tom Condon, spent the day in New Orleans on Tuesday to meet with

New Orleans Saints General Manager Mickey Loomis and try to narrow the gap in their contract negotiations. "We spent a good deal of time together and had a substantial talk," said Condon, though he said he couldn't characterize how far along the talks are.
Although both sides are clearly motivated to work out an extension at some point, a deal could come together within a matter of days or take several months to finalize.
Brees, 32, is in the final year of his contract with the Saints. But the Saints aren't under immediate pressure to work out an extension because they can use the franchise tag on him next season, which would pay him the average salary of the five highest-paid quarterbacks in the NFL.
However, it seems inevitable that the Saints and Brees will work out a long-term extension. This has been one of the most mutually beneficial relationships in NFL history since Brees signed as a free agent in 2006, and both sides want it to continue.
It also seems logical that the new deal will average somewhere around $18 million per year. That was the average of quarterback Tom Brady's four-year, $72 million extension with the New England Patriots in 2009. And it was the average of the new five-year, $90 million deal quarterback Peyton Manning signed with the Indianapolis Colts this summer.
Of course, there still is a lot of wiggle room in the details. For example, Manning's deal averages $23 million per year in the first three years. And Brady's deal actually amounted to a five-year, $78.5 million contract since it included the final year of his previous contract, which brought the average down to $15.7 million per year.


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It appears the New Orleans Saints and Drew Brees are serious about working on a deal | NOLA.com

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