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

07-13-2012, 01:51 PM

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

TheOak · 07-13-2012, 01:52 PM

Discussion on nflsirius

guckfoodell · 07-13-2012, 01:52 PM

THANK GOD!!!!

Luda34 · 07-13-2012, 01:53 PM

About F time

SmashMouth · 07-13-2012, 01:53 PM

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.

link back

Halo · 07-13-2012, 01:56 PM

WHERE'S THE DUDE!!!

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

Danno · 07-13-2012, 01:57 PM

Originally Posted by SmashMouth

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

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.link back

Sounds like Mickey may be able to afford Graham now.

Danno · 07-13-2012, 01:58 PM

Originally Posted by Halo

WHERE'S THE DUDE!!!

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

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

SmashMouth · 07-13-2012, 01:58 PM

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

Halo · 07-13-2012, 02:00 PM

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!!!!

07-13-2012, 01:51 PM	#11
Threaded by TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,026 Rating: (2 votes - 5.00 average) 40% first year.... Salary cap relief!
Views: 52957

07-13-2012, 01:52 PM	#13
guckfoodell Rookie Join Date: Apr 2012 Posts: 8	THANK GOD!!!!
guckfoodell Rookie Join Date: Apr 2012 Posts: 8

07-13-2012, 01:56 PM	#16
Halo Site Donor MONTHLY Join Date: May 2002 Location: New Orleans, LA Posts: 20,602 Blog Entries: 45	WHERE'S THE DUDE!!! THANK YOU JESUS! PRAYERS ANSWERED!!!!!!!!!!!! saintfan, mutineer10, neugey and 6 others like this.

07-13-2012, 01:57 PM	#17
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,720	Originally Posted by SmashMouth Drew Brees, New Orleans Saints finally agree to five-year, $100 million contract - New Orleans Saints Football NFL News - NOLA.com 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.link back Sounds like Mickey may be able to afford Graham now. mutineer10, 73Saint and SaintsBro like this.

07-13-2012, 01:58 PM	#18
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,720	Originally Posted by Halo WHERE'S THE DUDE!!! THANK YOU JESUS! PRAYERS ANSWERED!!!!!!!!!!!! He's driving back from the Kavorkian clinic as we speak. Halo, saintfan, mutineer10 and 3 others like this.

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07-13-2012, 01:52 PM	#12
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,026	Discussion on nflsirius

07-13-2012, 01:53 PM	#14
Luda34 1000 Posts + Join Date: Dec 2010 Location: Houston Tx Posts: 1,219	About F time

07-13-2012, 01:53 PM	#15
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,123 Blog Entries: 29	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. link back

07-13-2012, 02:00 PM	#20
Halo Site Donor MONTHLY Join Date: May 2002 Location: New Orleans, LA Posts: 20,602 Blog Entries: 45	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!!!!

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