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

niteadept · 07-13-2012, 12:48 PM

He** to the YES!!! Bout dang time

halloween 65 · 07-13-2012, 12:50 PM

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

dizzle88 · 07-13-2012, 01:36 PM

FINALLY!!!

pinch · 07-13-2012, 02:10 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.

burningmetal · 07-13-2012, 02:13 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.

TheOak · 07-13-2012, 12:51 PM

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

guckfoodell · 07-13-2012, 12:52 PM

THANK GOD!!!!

TheOak · 07-13-2012, 12:52 PM

Discussion on nflsirius

Luda34 · 07-13-2012, 12:53 PM

About F time

SmashMouth · 07-13-2012, 12:53 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

07-13-2012, 02:10 PM	#4
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, 02:13 PM	#5
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, 12:52 PM	#7
guckfoodell Rookie Join Date: Apr 2012 Posts: 8	THANK GOD!!!!
guckfoodell Rookie Join Date: Apr 2012 Posts: 8

LinkBacks (?) LinkBack to this Thread: https://blackandgold.com/saints/45840-saints-sign-brees-5-years-100-million.html
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07-13-2012, 12:48 PM	#1
niteadept Site Donor Join Date: Dec 2009 Posts: 520 Blog Entries: 1	He** to the YES!!! Bout dang time

07-13-2012, 12:50 PM	#2
halloween 65 5000 POSTS! + Join Date: Sep 2011 Location: Grand Haven, Michigan by way of a little Mississippi River town in Louisiana Posts: 5,893	We morgaged the farm ladies and gentlemen. I am now hoping he plays like a 100 million dollar man for the next 5 years.

07-13-2012, 01:36 PM	#3
dizzle88 10000 POST CLUB Join Date: Oct 2009 Posts: 11,521	FINALLY!!!

07-13-2012, 12:51 PM	#6
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,042	40% first year.... Salary cap relief!

07-13-2012, 12:53 PM	#9
Luda34 1000 Posts + Join Date: Dec 2010 Location: Houston Tx Posts: 1,219	About F time

07-13-2012, 12:53 PM	#10
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,514 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