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re: $20 mil Over to $20 mil Under the Cap in 3 Easy Steps(and Lose Only 3 Players)
Posted on 12/22/14 at 10:25 pm to bonethug0108
Posted on 12/22/14 at 10:25 pm to bonethug0108
quote:
Brees will be 38 when the 2017 season starts, so he'd do better taking an extension with guaranteed money this year than rolling the dice looking for $20 mil+ at 38.
So yes he has a HUGE incentive to get an extension.
Like I said earlier, if he's not willing to do a Brady like deal ($15 million per year), let him play out his contract. I think it's worth the risk the Saints take vs. the risk Brees takes.
ETA: I do not think the Saints should do it at $20 million/year because that just puts them in an even worse position later.
This post was edited on 12/22/14 at 10:27 pm
Posted on 12/22/14 at 10:32 pm to euquol
quote:I was responding to Brees having no incentive. He does.
Like I said earlier, if he's not willing to do a Brady like deal ($15 million per year), let him play out his contract. I think it's worth the risk the Saints take vs. the risk Brees takes.
Whether it's what either side wants is another matter. I think we'll see a 3 year extension, with the guarantees being more important than the salary. He'll likely see $30-$40 mil guaranteed if he does a 3 year extension.
Posted on 12/22/14 at 10:39 pm to euquol
quote:
Like I said earlier, if he's not willing to do a Brady like deal ($15 million per year), let him play out his contract. I think it's worth the risk the Saints take vs. the risk Brees takes.
Brady's deal is fully guaranteed, that is the only reason why brady took it. Times are different and contracts change based on the salary cap. In 2012, the salary cap was 123mil, a 9mil contract was 7.3% of the salary cap, and many people applauded Brady for taking that deal because it meant security for him from injury and gave his team leeway to sign players.
In 2015, the salary cap is projected 140-145mil and Brees plays the copycat game enough to know its time for him to extend. The question is, where and how much will he extend, but most likely it'll be a 3yr deal. Now the question is the number, I say its a 3yr/45mil FULLY guaranteed contract. That potentially shifts his 26.4 and 27.4 mil cap hit the next two years to about 19.76mil/yr on average. We know the Saints will backload it as well, so it'll be closer to 16mil this year, 18mil next year, and 22mil the last 3. Effectively, we just reduced our cap hit 10mil this year alone.
The question becomes, if he wants 3yr/60mil, we're looking at somewhere around 22.76mil/yr of cap hits left and it'll be reduced to 18 for 2015, 20 for 2016, and 24-25mil for the last 3.
This post was edited on 12/22/14 at 10:41 pm
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