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this is a discussion within the Saints Community Forum; Pat Kirwan proposed a possible structure for the Brees contract today on Stretching the Chains on NFL Radio that would work for both sides. Five year, $50 million signing bonus, $140 million total. Brees gets $54M cash first year, $90M ...
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#1 |
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Re: Why Saints, Drew Brees have hard deadline for new contract, and what's next
Pat Kirwan proposed a possible structure for the Brees contract today on Stretching the Chains on NFL Radio that would work for both sides.
Five year, $50 million signing bonus, $140 million total. Brees gets $54M cash first year, $90M cash first three years. 2018 - $10M bonus, $6M base = $16M cap 2019 - $10M bonus, $17M base = $27M cap 2020 - $10M bonus, $17M base = $27M cap 2021 - $10M bonus, $25M base (not guaranteed) 2022 - $10M bonus, $25M base (not guaranteed) It could be restructured after 2020 or released as post June 1st after 2020 $10M cap 2021 and 2022. |
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#2 |
Re: Why Saints, Drew Brees have hard deadline for new contract, and what's next
Originally Posted by AsylumGuido
Where do I sign? That's ridiculous $ ! ![]()
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#3 |
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Re: Why Saints, Drew Brees have hard deadline for new contract, and what's next
No. That is what the market is these days. I remember when gas was 39 cents a gallon and you could buy a new car for under five grand. This is a new era. The 2018 cap is estimated at around $178 million, but could easily be higher. Take a look at how much the cap has increased since 1994 ... less than 25 years.
Year Maximum team salary 2016 $155.27 million[14] 2015 $143.28 million[15] 2014 $133 million[16] 2013 $123 million[17] 2012 $120.6 million[18] 2011 $120 million[18] 2010 Uncapped 2009 $123 million 2008 $116 million 2007 $109 million 2006 $102 million 2005 $85.5 million 2004 $80.582 million 2003 $75.007 million 2002 $71.101 million 2001 $67.405 million 2000 $62.172 million 1999 $57.288 million 1998 $52.388 million 1997 $41.454 million 1996 $40.753 million 1995 $37.1 million 1994 $34.608 million It has more than DOUBLED since Brees was first signed by the Saints in 2005. It is projected at more than five times higher than in 1994! All that said, the highest paid NFL player gets a fraction of what CEO's and actors bring in annually and his career is many, many times shorter. |
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Posted By | For | Type | Date | Hits |
The Latest New Orleans Saints News | SportSpyder | This thread | Refback | 02-17-2018 01:23 PM | 2 |
Why Saints, Drew Brees have hard deadline for new contract, and what's next | This thread | Refback | 02-17-2018 07:54 AM | 2 |