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re: Drew Brees extension per Ed Werder

Posted on 9/8/16 at 9:53 am to
Posted by Chad504boy
4 posts
Member since Feb 2005
166551 posts
Posted on 9/8/16 at 9:53 am to
good stuff bone. I ain't worry about 18 mill cap hit, i mean if we draft a rookie, our qb savings will come from that alone.

question cause this is confusing:

if we extend drew, does his 6 mill per year get added to whatever else we extend him for cap hit?

and really, 2018 is only an additional 12 million hit if not extended cause we'd be guaranteed to have a 6 mill hit regardless.
This post was edited on 9/8/16 at 9:57 am
Posted by bonethug0108
Avondale
Member since Mar 2013
12690 posts
Posted on 9/8/16 at 11:22 am to
True $6 mil is on the books regardless for 2018, so only an additional $12 hits if not extended.

And yeah that $6 mil per year stays if extended (anything new is added on top) because that $6 mil per is money already paid.

And yeah IF we draft a good rookie then we'll save a shite ton anyway, but easier said than done.

There's 3 scenarios:

We let Brees go after 2017 and take the $18 mil hit in 2018.

We extend Brees and add his new contract on top of the $6 mil per from 2018-2020. We can add one more dummy year again (since the max for bonus spreading is 5 and next year he'll have 4 years left) to spread the hit a tiny bit more.

And this is the worst case scenario. If Brees hits FA we'll be hit for $18 mil in 2018, and if we resign him after hitting FA his new contract will add on to that $18 mil.

So the only two real choices is extend him before he hits FA or let him walk. That means no bidding war in FA because if he hits that he's gone.
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