Drew Brees will need to take 'hometown discount' to stay after 2015, report says

Crusader · 12-28-2015, 12:25 PM

Originally Posted by lumm0x

100%. Brees isn't the problem. He is performing. It's the wasted money on bad defensive choices like Gallete, Browner and Byrd. Re-structuring Brees lets him put more money in the bank immediately and extends that cap hit over 2-3 more years to make it respectable and allow us a rebuild. Anyone wanting to see Grayson right now and Brees traded is a crack pot in my opinion. This can be fixed with the right draft and some shrewd FA signings.

If he would restructure over 5 years and play say 2 more years and the retire. What would happen then? Would there be a cap hit?

Danno · 12-28-2015, 01:12 PM

Originally Posted by Crusader

If he would restructure over 5 years and play say 2 more years and the retire. What would happen then? Would there be a cap hit?

Here's a very simple example...

He’s due 20 million this season (He’s already been paid the original 10 million in bonus)

Lets say his market value is 20 million

We re-sign him to a 5 year deal, with 25 million in bonus money, its really a 3 year deal..
His cap hits are now…

2016 – 5 million + 10 (cap hit 15 million)
2017 – 5 million + 10 (cap hit 15 million)
2018 – 5 million + 10 (cap hit 15 million)

At this point he has pocketed 55 million from the Saints.

2019 – 5 million + 10 (cap hit 15 million, if cut it costs us 10 million in dead money)
2020 – 5 million + 10 (cap hit 15 million, if cut it costs us 5 million in dead money)

12-28-2015, 12:25 PM	#1
Crusader Resident Swede Join Date: Sep 2005 Location: Märsta, Sweden Posts: 8,048	Re: Drew Brees will need to take 'hometown discount' to stay after 2015, report says Originally Posted by lumm0x 100%. Brees isn't the problem. He is performing. It's the wasted money on bad defensive choices like Gallete, Browner and Byrd. Re-structuring Brees lets him put more money in the bank immediately and extends that cap hit over 2-3 more years to make it respectable and allow us a rebuild. Anyone wanting to see Grayson right now and Brees traded is a crack pot in my opinion. This can be fixed with the right draft and some shrewd FA signings. If he would restructure over 5 years and play say 2 more years and the retire. What would happen then? Would there be a cap hit?

12-28-2015, 01:12 PM	#2
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,758	Re: Drew Brees will need to take 'hometown discount' to stay after 2015, report says Originally Posted by Crusader If he would restructure over 5 years and play say 2 more years and the retire. What would happen then? Would there be a cap hit? Here's a very simple example... He’s due 20 million this season (He’s already been paid the original 10 million in bonus) Lets say his market value is 20 million We re-sign him to a 5 year deal, with 25 million in bonus money, its really a 3 year deal.. His cap hits are now… 2016 – 5 million + 10 (cap hit 15 million) 2017 – 5 million + 10 (cap hit 15 million) 2018 – 5 million + 10 (cap hit 15 million) At this point he has pocketed 55 million from the Saints. 2019 – 5 million + 10 (cap hit 15 million, if cut it costs us 10 million in dead money) 2020 – 5 million + 10 (cap hit 15 million, if cut it costs us 5 million in dead money) Rugby Saint II and darksoul35 like this.