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Kristian: Restructure Brees? Not so simple, and awfully risky
Should the Saints restructure Drew Brees' contract? No.
With the help of our Saints Radio Statistician Brian Duvall, we explored the idea of restructuring Brees' deal to provide the Saints with some much needed salary cap relief. Brees' cap figure for the 2013 season is $17.4 million, meaning that's how much of his pay the Saints have to include when calculating how much he counts against the approximately $120 million cap for NFL teams. The Saints are roughly 10 million dollars over cap. The deadline to get under the salary cap is March 12th, the start of free agency and the new league year. The Saints are reportedly trying to restructure contracts for defensive end Will Smith and linebacker Jonathan Vilma. While those moves would provide some relief, it's not going to fix the cap situation the Saints are in now. On the surface it looks as though a restructure of Brees' contract would do wonders for the Saints. Not so fast! The Saints could convert $8.8 million of his $9.75 million base salary for 2013 to guaranteed pay out... making his 2013 salary at the 10 year plus veteran minimum of $940k. That move would drop the cap number by $6.6 million. Pretty nice right? Wait, there is a significant catch. The $8.8 million would then be spread out over the remaining 4 years of the contract, making his 2014 cap hit an eye popping $20.6 million. In 2015 it would balloon to $28.6 million, and in the final year (2016) his cap figure would be $29.6 million. Each year it grows by 2.2 million for a guaranteed pay out. Under this scenario Brees would not lose any money, but it could increase the chances of him getting... yes ... released... gasp! See where I am going here? The Saints are pretty much stuck with that record breaking deal of a year ago. The salary cap is not expected to expand robustly until 2015, when new TV contracts kick in from the new CBA. If the Saints restructured Brees' deal as proposed in this scenario, he would account for 30% of cap space for the next 2 years. OUCH! That is if they restructure his 2013 base salary. Furthermore, if the Saints restructure Brees' 2013 base salary, and convert it to guaranteed payment, it would very likely increase the chance Brees would NOT finish his career in a Saints uniform. Ultimately this would alter the course of the Saints for the next four years. So the question now becomes: Get rid of Smith and Vilma if they don't restructure? Yes. Safety Roman Harper carries a hefty price tag at $7.1 million for 2013. The high profile veteran is likely on his way out the door without restructuring the Brees contract. It's either that or you say good-bye to Brees in 2 years when he's 36 and has a cap hit of 28.6 million in 2015. You see? The Saints pretty much have no choice but to absorb the 17.4 million price tag for Brees. It doesn't look like a restructure is likely. What's the Saints best move at this point? Don't even touch the Brees contract. I'm not the numbers guy that Mickey Loomis is, I'm not trained in that field, but I'm sure he'll find a way to make it work. However, from this radio guys chair it doesn't look like the Saints can get relief from a reworked Brees deal. WWL - AM870 | FM105.3 | News | Talk | Sports - Kristian: Restructure Brees? Not So Simple, And Awfully Risky |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
Loomis is one of the best. I'm confident that if there's a way, he'll find it.
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Re: Kristian: Restructure Brees? Not so simple, and awfully risky
PAY THE MAN, even if it destroys our team.:rolleyes:
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Re: Kristian: Restructure Brees? Not so simple, and awfully risky
So... do we draft his replacement?
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Re: Kristian: Restructure Brees? Not so simple, and awfully risky
So goes Drew, so go the Saints.
We get to be benefactors of DREW. Victims of DREW. Have another baby, bud. They can split it equitably. Alaska |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
I was against his greedy contract from day MINUS ONE.
It is the kiss of death of any team. Just ask him. Everyone has to suffer except DREW. Makes me sick. Alaska |
What is the alternative? Chase Daniels @ 2m a year? People would rather that? We could cut Drew and pick up Sanchez for cheap.
In this league your either a have or a have not. You either have a Brady/Brees/Manning/Rogers or you are trying to get one. |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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I think the Saints will find a way to continue to be successful in the future, but it will be a much different team before long. In the end, there does not appear to be one single player out there who is willing to take less for the better of the team. They go for straight market value. After a 60 million dollar deal (that's not even including however much he made in San Diego, which still would have been far more then any of us are likely to ever make) you'd think that maybe an 80-85 million dollar contract the second time around would be sufficient pay. Ah, but athletes don't think like that. They feel "disrespected" if they make less than someone else. If only we could all be so hurt. |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
As for the article, what can I say? Thank you, captain obvious.
How many people does this guy really think didn't already know that we'd take a hit down the road, if we restructure Drew? |
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I am obviously one of the few that believes two things, I would NEVER intentionally lower the income that comes into my home and takes care of my family, and the only person that is responsible for his contract size is the person that gave it to him. The guy selling coffee at $10 a cup is not evil, the guy who bought it is an idiot. The Saints did not HAVE TO pay him anything, they could have moved on. We shall see how it plays out. Denver seems to have done just fine paying Manning, Flacco is about to score huge, Rogers will do the same.... We are not the only team that feels its worth paying a super star QB 20% of your cap. There is a lot of judging going on about a man based off of what someone else pays him. http://www.sportscity.com/nfl/salaries/ |
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As for "greedy" players wanting too much money - think about how much the NFL makes off them and their success. And then think about guys like Marcus Lattimore. |
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Probably why we didn't have too many owners step up in support of Tom Benson during the "bounty" "scandal" aka nigh-f'n-mare season. |
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Because of Goodell? No :-) however CEOs reap the benefit or punishment of things that happen during their tenure, regardless of who actually did it. |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
Yeah you right!
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Re: Kristian: Restructure Brees? Not so simple, and awfully risky
I get the whole Brees/Manning/Rogers/Brady talk...
What I don't like it last year we lost Carl Nicks. Who will it be this year? Heck Jimmy Graham next year? Ofcourse I like having one of the top QB's playing but we're losing talent around him too. Im worried that the defense will still stink and the O Line will make Brees look like Cutler.... Then what the hell is a 100 million QB worth if you don't have talent around him? Other issues I have is wtf are we paying Harper and Smith close to 7 and 12 million a year? You gotta be kidding me... Both of those guys should have been released. |
2 mil separates Brees from Manning. How does Denver do it?
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Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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I have said before I am a Saint fan, players come and go. His greed will have him running for his life this year. |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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Re: Kristian: Restructure Brees? Not so simple, and awfully risky
Offense wins GAMES.
Defense wins CHAMPIONSHIPS. We spent our wad on offense so we set records every year. Our defense set records last year as well... ;-/ Alaska |
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Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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I wouldn't lower the income in my home either. Guess what? Brees was getting a raise. Millions of dollars on top of the already millions of dollars he was receiving. There is no realistic comparison, bro. He could have gotten a 20 million dollar total raise, and left the team a little more cap room, but instead he wanted to be paid more than guys who have won more games, and just as many (in Brady's case, more) championships. Leaving our cap situation a mess. I think this subject is coming up again because there were people who said at the time he signed the deal, that it wouldn't hurt us, because "Mickey will figure it out". Mickey ain't figuring nothing out. He's being forced to dump people and restructure others which will only make it more difficult in the future. As I said, I believe we'll rebuild in time, but make no mistake, it will be a major over haul. It was going to happen someday anyway, but this shortens the window for the current team. By the way, other players demanding ridiculous amounts of money aren't any better. But they don't play for the Saints, therefore no one here cares about them. Those teams didn't have the kind of cap problem the Saints had at the time of the deal. We had nothing left. So it was easy to see this crap coming. |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
Dat Drew is damn disappointing!!!!
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Re: Kristian: Restructure Brees? Not so simple, and awfully risky
That defense created 39 turnovers, and let's be real, they won the vikings game with all the turnovers they caused. Our offense sucked that day. Then they were huge against the Colts in the Superbowl. You don't have to be dominant, but you have to make plays. It's a team game. Teams win championships.
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Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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We won't win a Championship without a defense, so I call BS on your calling BS. Alaska |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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So is going to work each day knowing that one wrong move from either you or your opponent could leave you crippled for the remaining years of your life with no want to earn an income. This is a huge driver for a person that was told a few years ago he would probably never play again. Fk how many of you can relate to going to work there there is an opponent? How many of us can relate to have a written contract with their employer? Those players that take a home team discount show immaturity in life, and they put the team before their family. At the end of the day, if Drew had taken a cheaper contract, and had a career ending injury in the opening drive against Washington, we would be discussing picking a QB in the draft and how well Daniel would or wouldn't do.... Notice no one would be thinking of Drew or his family. Am I defending Drew? nope... There is nothing to defend. LOOMIS/PAYTON/BENSON paid him that contract. Is it Drews responsibility to look out for the entire team? Nope that is LOOMIS/PAYTON/BENSON. If they entered into a contract that they could not handle that is their fault. I am defending a mans right to seek and get as much money as an employer will pay him. Market value and timing is what dictates that number. To play class warfare because Drew makes more money than all of us put together is down right .... Well.. liberal.. and one should consider what values they really focus on. Drew Brees is a small private business, and he has the right to ask any prices he wants... No one HAS to pay them. I am not saying anyone has to like it, however the drone of that sentiment being the first thing out of some peoples keyboards is getting quite annoying. As far as for the OP... LOL The Saints do not make the call on restructuring a contract. The player has that word. |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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A liberal tells a man to give up what he has earned in life. Ordinary people don't get to dictate how much they make to their employer. Athletes, however, do. You continue to say that we can't blame Drew or any other athlete for taking what someone gives them. I don't blame anyone for that. But the difference is that the Saints made him an offer they felt he was worth, (which was already a lot more than we could realistically afford) and he rejected it. He dictated the terms. The Saints needed him, so they had no choice. A sport is a business just like any other. But an athlete is not like any other employee. You can let a desk job worker go and replace him with any of the thousands who are waiting in line to do the same things. But there are only a few exceptional athletes. The idea that he may get hurt has nothing to do with anything. Drew is set for life, and for a little less money, he still would have been. If he gets a career ending injury, his money won't bring him back. He can get surgery to help make the rest of his life as comfortable as possible, but money doesn't cure anything. I wish no player would ever get hurt, but it's part of the game, and it's what players have used in part to drive up their salaries for years. But with athletes now in the 100 million range, the idea of being paid as much as possible has much to do with ego, and little to do with financial security, anymore. Does Drew have a responsibility to take care of his team? Technically no. Does he want to win another championship? I would think so, but his contract hurts dearly. Even the hated Alex Rodriguez took an actual pay CUT to help the Yankees sign other players, once before. He knows he can afford it. I don't buy this crap about players worrying about injury. |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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An athlete is no different from any employee. Neither can dictate what their employer pays them, and neither has an employer that can dictate what they make, they can only negotiate. They can both shop their value anywhere else, if they are not making what they want to make. If anything the truth is the opposite. Normal employees can shop the market with any employer any time they choose to in any point in their career. An athlete in the NFL can not as a team can restrict and decide when that person can shop the market because of contractual terms. What is being missed is that for a professional athlete in the NFL who's contract has come to an end there is no "pay raise"... A pay raise for them is if they hold out before their contract is finished for more money. When a pro football players contract is over, its over... He is not getting paid anything until he negotiates another contract. As far as for any person being set up for life that is merely an opinion and not for you nor I to decide. There are plenty of professional athletes that were "set up for life" in public opinion but for what ever reason went broke. Same as lottery winners that went through their winnings. The dollar value clouds peoples judgement, it is subjective, and once you change million to thousand or hundred no one throws around the word greed... |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
If our defense was ranked anywheres from 15-20th in the league we wouldn't be having these conversations right now.
Drew didn't play well in some games... Jimmy Graham dropped alot of passes... Defense stunk week in and week out. Don't even begin to mention the shutout vs Tampa. You don't get credit for beating a bunch of bums.... That what good teams are suppsoed to do to bad teams....Beat the like red headed step children |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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Your comment about players not actually receiving a raise? Don't play the technicality game with me. I say that general terms. You know exactly what I'm talking about. He made 60 million in his previous contract. If the Saints valued him the same, they would have offered the same amount. But I believe the initial offer was around 97 million. Only in technical terms is that not a 37 million dollar raise. I get annoyed with meaningless nit picking. It's 37 million more than he got the last time, no matter the terms. As for the "set for life" comment, you're argument against it only applies to the most undeserving of people. Yes, there have been some who seemed set, and promptly blew it. That's their problem. If Drew is that stupid (I don't think he is) then what's another couple million, right? I guess he'll just fart that away, too? No one deserves more money for the possibility that they might blow it. If he manages his money even half good, he is absolutely set. We're not even factoring in his endorsement deals, which bring in untold more millions. I don't consider Drew to be a horrible, greedy person. I just think he and many others have lost perspective. Showing a little humility and caring about your teammates does not mean you don't care about your own family. He has done his part in taking care of his family. But this is not how it goes anymore, and I know it. This isn't news to me. The only reason I'm still talking about it at all is for those who claimed it wouldn't hurt the team last year. |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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Re: Kristian: Restructure Brees? Not so simple, and awfully risky
No one has answered this question: If QB contract is going to be the end to this team how is Denver managing to have the number 4 offense and the number 2 defense?
Payton manning 2013 Cap hit - $20m Denver Broncos - 2013 Cap Hits Drew Brees 2013 Cap hit $17.4m Drew Brees Contract, Salaries, and Transactions Peytons contract cap hits Peyton Manning Contract, Salaries, and Transactions 2012 -18M 2013 - 20m 2014 - 20m 2015 - 19m 2016 - 19m Drews contract cap hits Drew Brees Contract, Salaries, and Transactions 2012 -10.4M 2013 - 17.4m 2014 - 18.4m 2015 - 26m 2016 - 27m 2015/2016 is when the caps go up... Drews contract is more cap friendly that Peytons.... But no one is in the news screaming about that... Drews contract is not the problem for the Saints, its the contracts of the other players that are not playing up to their contract that is the problem. See Loomis about this. Here... Everyone complaining about Brees cap hit in 2013? He is 8th in the league for 2013, 5th for 2014... in 2015 he eclipses everyone else but the cap will raise that year and we still do not have Rogers new contract nor do we have Flaccos. 2013 NFL Top Cap Hit Salaries |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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An athlete is a specialized occupation... In this regard other specialized employees are the same... A chemist, engineer, lawyer, Doctor... etc... No one has to employ them for any price. There are plenty... PLENTY of people that are not professional athletes that are so damned good at what they do they can achieve pay higher than their peers on the open market. I didn't nit pick.... Its the reality of the business and legal situation, which is exactly what i said. Now, if Drew had shopped the market as leverage then you may have an arguement that he tried to leverage outside influences... Did the Saints tell him they wouldn't pay his asking price forcing him to shop the market? Nope... This is on Loomis. Did Peyton Manning get a pay raise to go to Denver? No, he ended up with an increased pay.... As far as for Drew having the Saints over a barrel, the Colts fared well with a new rookie QB, as well as the Seahawks. Dont tell me about draft position.. you can move up to get what you need. "Undeserving" is a subjective statement and only matters in regard to opinion. Endorsement deals are moot and outside the scope of his contract with the Saints or NFL. Looking at someones financial situation and determining that they have "enough", or should take an action that is related to having more than others is liberal in approach.... it is the equivalent to saying someone with 500k in salary should pay a higher tax% than someone with 25k in salary just because they have enough... You may take offense or not. It is what it is. Drew earned the ability to negotiate the highest pay in the NFL, and he was successful. Had he not, he would be playing for less money or another team. I know it is difficult as a fan to separate passion for a team from the business aspect of the NFL... The NFL was not founded by fans that wanted a league for their teams. It was founded by businessmen wanting to make a profit. Just like the AFL, and CFL were founded to do the same thing off of the model the NFL built. |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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The argument about Drew not shopping the Market is not a strong one. I have said many times, the Saints had to keep him. Drew knew this, and used it as leverage to play market value. Yes, most players do that. But most players aren't in the neighborhood of 100 million, either. In other words, don't pretend that just because he didn't openly shop other teams, that he wasn't playing the field. You don't think his agent was feeling out other teams to get a sense of his value? You're extremely naive if you don't think so. As for your examples of the Colts and the Seahawks, please. The Colts had the number one pick! do we? No. The Seahawks got lucky on a 3rd rounder. What part of "no guarantee they work out" do you not get? sure, those guys had decent years. What about Tim Couch, David Carr, Jamarcus Russell, Matt Leinart, Alex Smith (took him 6 years to be serviceable), Blaine Gabbert, Mark Sanchez, and on I could go. Peyton Manning was 36, coming off neck surgery. That's why the Colts felt they had to rebuild. It just so happened they also had the number one pick. We are in no such position. You think we can trade up? With what? You're making a ton of assumptions all in the name of defending a contract. I can't make my points any more clear, so if you only care about legalities, instead of the common sense factors, as if it makes a difference, then this has been a pointless conversation. |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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You keep leveraging '100 million" as if it matters, it doesn't. "Highest paid" denotes a desired status, full market value denotes exactly that and what others make in regards to Drew is moot. However... Ill play your game. Drews market value was x, accepting anything less whether is was more than he was previous making is not a sound business practice and is taking money away from his home... Accepting anything other than the FULL pay raise is absurd. Drew is Starbucks coffee... Everyone complains about the price. Many people will pay it, and do. If my employer offers me a 20% raise and I hold out and actually get a 30% raise am I greedy? The issue is not Drew making more money that he brings in to the NFLs or Benson's coffers. Drew also stood up for the position he held as the player rep in the NFLPA.. To accept a lower contract lowered what other QBs would make. Did you see what Tom Brady accepted yesterday? While good for the Patriots it was bad for every other QB looking for a new contract. NFL contracts set the market value for each position. Brady's contract gave leverage to the Ravens against Flacco. And for the last time.. NO the Saints did not HAVE to keep him. They WANTED to keep him. Need and want are entirely two different terms. Keep spinning, I am done here. |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
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Here's where you completely failed to understand what I was saying. I pointed out how you said to me that he shouldn't have to take less money into his house. By saying that you were suggesting that he was being asked to take a pay cut, which legally speaking (your favorite logic), is impossible because he had no set pay. I didn't contradict myself. I used that as an example of how your reasoning sounds. If I wanted to be technical about it, such as you, then I could have used the above logic. The point was that, in fact, you contradicted YOURSELF. As for your weak argument about Brady's contract hurting other QB'S. It only brings down the tag number. How many of these guys are going to accept the tag, in the first place? And since you say that Drew shouldn't care about his team's ability to sign other players, then why should Brady care about other players who aren't even his teammates? Who the the heck is really spinning things here? Want and need ARE two different things.... Except when a team wants AND needs a player. Why do you think they paid him so freaking much? It's perfectly right to want a fair contract, but in today's NFL, some of these guys cross that line, and it becomes an attitude of entitlement. You offer them the richest deal, and they not only want, but INSIST, on even more. I believe that loyalty is rewarded in life. I wouldn't expect you to understand that though. You only care about the numbers aspect. If we're talking about a journeyman type player. I don't blame them for getting as much as possible. They actually have something to worry about. But when you're a mega millionaire and you're demanding that a team pay far more than it can afford, even when it has already made you the richest offer in history, that doesn't speak well of that person. I like Drew. I don't think he's a bad guy. But the fact remains that his contract is a huge burden, ad it would have been nice if the negotiating could have been a little more reasonable for both parties. I don't care who you want to blame it on. I didn't ask you. This is how I see it, and you can disagree all you want. But don't try to tell me again that I'm contradicting myself. You were both incorrect, and hypocritical in that statement. |
Re: Kristian: Restructure Brees? Not so simple, and awfully risky
THATS TOTAL BS the saints could add more years like the patriots just did Tom duh!
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