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re: Drew Brees 2 yrs for 50 million
Posted on 3/17/20 at 10:14 am to J_Hingle
Posted on 3/17/20 at 10:14 am to J_Hingle
I just saw that. LINK
Drew Brees signed a 2 year, $50,000,000 contract with the New Orleans Saints, including an average annual salary of $25,000,000. In 2020, Brees will earn, while carrying a cap hit of $15,900,000.
That would be sweet if his 2020 cap # was 15.9 mil. Not sure though. If true, Loomis is a wizard.
Drew Brees signed a 2 year, $50,000,000 contract with the New Orleans Saints, including an average annual salary of $25,000,000. In 2020, Brees will earn, while carrying a cap hit of $15,900,000.
That would be sweet if his 2020 cap # was 15.9 mil. Not sure though. If true, Loomis is a wizard.
This post was edited on 3/17/20 at 10:18 am
1
Posted on 3/17/20 at 10:31 am to GMoney2600
quote:
In 2020, Brees will earn, while carrying a cap hit of $15,900,000.
I think that is an incomplete sentence. His cap hit for 2020 from the last contract was $15.9, his cap hit for 2021 from the last contract is $5.4. Now we have to factor in the $50M contract into the 2020 & 2021 numbers.
I would not be surprised to see Loomis find a way to structure it to average out the hit over 2020 & 2021. Or, figure out a way to kick some of this into 2022.
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