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

07-13-2012, 03:06 PM

And I have a bat for anyone who tries to jump back on the bandwagon....
"Bring The Wood"

burningmetal · 07-13-2012, 03:08 PM

As excited as I am, that $60 mil guaranteed IS an astronomically high number.

Danno · 07-13-2012, 03:09 PM

Originally Posted by TheDeuce

Can somebody explain how this year's value is $40M, but he is only counting $18.6M towards the cap?

I love Drew as much as anybody, but I hope we didn't just shackle our financial flexibility to a QB who will be 39 in the final year of his contract.

CAP HITS...

2012 10.2 million (3m base + 37/5 = 7.2m signing bonus)
2013 17.2 million
2014 18.2 million
2015 26.2 million
2016 27.2 million

pinch · 07-13-2012, 03:10 PM

Originally Posted by halloween 65

We morgaged the farm ladies and gentlemen. I am now hoping he plays like a 100 million dollar man for the next 5 years.

Mayb so, but the talent Drew will attract (and retain) during his tenure here is not measurable.

nutria · 07-13-2012, 03:11 PM

Finally. 3 years to get to the Superbowl again, and
then it is back to restructuring and trying to get out the cellar of the NFC South.

burningmetal · 07-13-2012, 03:13 PM

Originally Posted by pinch

Mayb so, but the talent Drew will attract (and retain) during his tenure here is not measurable.

One would hope. However, Drew can't retain players unless he wants to defer his salary to them. His contract means it will be very challenging to afford people. Fortunately we have most of our core players already signed long term, so that's good.

Danno · 07-13-2012, 03:14 PM

Just FYI, we freed up over 6 million in cap space for this year.

Anybody wanna do some shopping? DE's, DT's? Maybe another LB, WR or CB?

papz · 07-13-2012, 03:18 PM

5 years 100 mil 60 guaranteed. Don't understand what the hold up was. Deals can always be restructured and guaranteed money can always be spread out later to accommodate future FA's.

Glad this process if finally over with. Now we can start talking about some real football.

saintfan · 07-13-2012, 03:20 PM

Originally Posted by Danno

Just FYI, we freed up over 6 million in cap space for this year.

Anybody wanna do some shopping? DE's, DT's? Maybe another LB, WR or CB?

Loomis may be the best hire in the history of this franchise. Seriously.

DonCanabis · 07-13-2012, 03:24 PM

Congratulation Guys! I know you needed good news and Brees sign for camp

07-13-2012, 03:06 PM	#61
Threaded by WestBankbOrn Lifer Join Date: Jul 2011 Location: Lake Charles, La Posts: 24 Blog Entries: 1 Rating: (2 votes - 5.00 average) And I have a bat for anyone who tries to jump back on the bandwagon.... "Bring The Wood" Halo, saintfan and kcsaints like this.
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07-13-2012, 03:09 PM	#63
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,723	Originally Posted by TheDeuce Can somebody explain how this year's value is $40M, but he is only counting $18.6M towards the cap? I love Drew as much as anybody, but I hope we didn't just shackle our financial flexibility to a QB who will be 39 in the final year of his contract. CAP HITS... 2012 10.2 million (3m base + 37/5 = 7.2m signing bonus) 2013 17.2 million 2014 18.2 million 2015 26.2 million 2016 27.2 million

07-13-2012, 03:10 PM	#64
pinch 100th Post Join Date: Jun 2011 Location: Diamondhead, MS Posts: 272 Blog Entries: 1	Originally Posted by halloween 65 We morgaged the farm ladies and gentlemen. I am now hoping he plays like a 100 million dollar man for the next 5 years. Mayb so, but the talent Drew will attract (and retain) during his tenure here is not measurable.

07-13-2012, 03:13 PM	#66
burningmetal 1000 Posts + Join Date: Mar 2012 Posts: 3,923 Blog Entries: 3	Originally Posted by pinch Mayb so, but the talent Drew will attract (and retain) during his tenure here is not measurable. One would hope. However, Drew can't retain players unless he wants to defer his salary to them. His contract means it will be very challenging to afford people. Fortunately we have most of our core players already signed long term, so that's good.

07-13-2012, 03:14 PM	#67
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,723	Just FYI, we freed up over 6 million in cap space for this year. Anybody wanna do some shopping? DE's, DT's? Maybe another LB, WR or CB? SaintPauly and SaintsBro like this.

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07-13-2012, 03:08 PM	#62
burningmetal 1000 Posts + Join Date: Mar 2012 Posts: 3,923 Blog Entries: 3	As excited as I am, that $60 mil guaranteed IS an astronomically high number.

07-13-2012, 03:11 PM	#65
nutria Sac-A-Lait Join Date: May 2006 Location: Prairieville, LA Posts: 262	Finally. 3 years to get to the Superbowl again, and then it is back to restructuring and trying to get out the cellar of the NFC South.

07-13-2012, 03:18 PM	#68
papz Problem? Join Date: Jan 2005 Location: New Orleans Posts: 11,753	5 years 100 mil 60 guaranteed. Don't understand what the hold up was. Deals can always be restructured and guaranteed money can always be spread out later to accommodate future FA's. Glad this process if finally over with. Now we can start talking about some real football. Halo likes this.

07-13-2012, 03:20 PM	#69
saintfan Donated Plasma Join Date: Jul 2002 Location: San Francisco, CA Posts: 18,556 Blog Entries: 5	Originally Posted by Danno Just FYI, we freed up over 6 million in cap space for this year. Anybody wanna do some shopping? DE's, DT's? Maybe another LB, WR or CB? Loomis may be the best hire in the history of this franchise. Seriously. Crusader, foreverfan, dizzle88 and 1 others like this.

07-13-2012, 03:24 PM	#70
DonCanabis 100th Post Join Date: Sep 2009 Posts: 115	Congratulation Guys! I know you needed good news and Brees sign for camp Halo likes this.
DonCanabis 100th Post Join Date: Sep 2009 Posts: 115

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