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Guaranteed money could be the sticking point on a Drew Brees deal
Posted on 6/5/16 at 1:54 pm
Posted on 6/5/16 at 1:54 pm
Posted by Mike Florio on June 5, 2016, 2:21 PM EDT
NBC Sports
NBC Sports
NBC Sports
NBC Sports
quote:
The Saints and quarterback Drew Brees could have (and maybe should have) worked out a new contract before the start of the new league year in March. An extension would have reduced the player’s $30 million cap number for 2016, and it would have ensured that Brees will remain in New Orleans for years to come, most likely until he retires.
They didn’t, and the clock is now ticking on the possibility of a deal not being finalized before the start of the regular season, when Brees pulls the plug on negotiations. Charles Robinson of Yahoo Sports recently pondered several aspects of the situation, citing multiple named sources who have pegged a Brees extension in the neighborhood of $95 million to $100 million over four years. Based on numbers available to PFT, a $100 million extension over four years would set a new record high for “new money” ($25 million per year) and total value at signing ($23.5 million annually).
The problem comes from determining how much of the contract will be fully guaranteed at signing. If, as Robinson notes, Brees declines significantly in 2016, the Saints would potentially be stuck with the deal through 2018 or so, if $65 million or more is fully guaranteed.
If Brees doesn’t decline, he’ll emerge from the 2016 season with the ultimate hammer. As PFT has mentioned a time or two over the past few months, the fact that Brees was tagged once in San Diego and once before by the Saints means that, if the Saints use the franchise tag on him in 2017, the tender amount would be determined by multiplying his 2016 cap number by 44 percent.
That’s $43.2 million. For one year.
It means that Brees most likely would have his value determined by what another team would pay. While there’s a chance that Brees would encounter a Ryan Fitzpatrick-style marketplace in which no one else offers anything close to what the Saints will pay, there’s also a chance that a team like the 2009 Vikings will see Brees as a late-career Brett Favre, who in his first year in Minnesota nearly eked out a Super Bowl berth in an epic NFC title game against Brees and the Saints.
Fitzpatrick didn’t draw significant offers in part because his presence won’t sell tickets, PSLs, jerseys, and other stuff. Brees would likely move the needle at the cash register — and he could help turn an otherwise talented team into an immediate contender. Here’s a guess (and it’s just a guess): The Jets, the Dolphins, the Bills, the Browns, the Broncos, the Bears, and/or the Cardinals each could have interest, depending on where things stand after 2016.
Much of it depends on how Brees performs this year. The question for now is whether the Saints are willing to assume the risk of Father Time’s inevitable victory over Brees coming in 2016 or beyond. If the Saints guess wrong by paying Brees, they’ll be stuck with him beyond his natural expiration date. If they guess wrong by not paying him, his expiration date could arrive when he’s in someone else’s refrigerator.
This post was edited on 6/5/16 at 2:38 pm
Posted on 6/5/16 at 2:02 pm to Mrwhodat
In other words nothing new.
It's all stuff people have been speculating and citing "sources" on for months.
Come on Florio.
It's all stuff people have been speculating and citing "sources" on for months.
Come on Florio.
Posted on 6/5/16 at 2:12 pm to bonethug0108
I have seen you run the numbers, too. I hope this means his revisiting of this story is an indicator that something is about to go down.
quote:
In other words nothing new.
It's all stuff people have been speculating and citing "sources" on for months.
Come on Florio.
Posted on 6/5/16 at 5:02 pm to Mrwhodat
quote:
multiple named sources who have pegged a Brees extension in the neighborhood of $95 million to $100 million over four years.
No.
Posted on 6/5/16 at 5:17 pm to Mrwhodat
This is his last year in NOLA.
No way he gets a 4 yr 100 MIL.
No way he gets a 4 yr 100 MIL.
Posted on 6/5/16 at 5:22 pm to Mrwhodat
"Do whatever it takes"
Print the shirts
Print the shirts
Posted on 6/5/16 at 5:48 pm to Big Sway
25 a year isn't that crazy.
4 years is, though. I'd like 2/48 or 3/72ish better
4 years is, though. I'd like 2/48 or 3/72ish better
Posted on 6/5/16 at 5:48 pm to Mrwhodat
Isn't guaranteed money always the sticking point?
Posted on 6/5/16 at 7:11 pm to Hoodoo Man
I don't know why more people aren't nervous about this. If we're not going to be making a long term deal, then Brees needs to be traded yesterday. I think we'll be more competitive than most in the national media do, but we're not SB contenders unless this draft class hits the ground running. Letting Brees walk next offseason would be a disaster (though we would likely get a 3rd round compensatory pick out of it unless we sign some costly FA's.
Posted on 6/5/16 at 7:42 pm to Mrwhodat
I wouldn't give a 37 year old qb 65 million guaranteed. Sounds like to me Brees wants to test the market this off-season
Posted on 6/5/16 at 7:49 pm to tankyank13
I love Drew Brees. But not more than I love the saints. It could be time to let ways this next offseason
Posted on 6/5/16 at 8:22 pm to Mrwhodat
Come on Drew. You have 3 years left to cement your legacy of being a multiple SB champion. frick, I don't understand why he doesn't take a team friendly deal that gives a better shot at winning another one.
Posted on 6/5/16 at 8:45 pm to Gtothemoney
Because he doesn't care about that.
Posted on 6/5/16 at 9:14 pm to Patrick O Rly
Ding and I wouldn't be doing any favors either. the front office blows money ridiculously anyway as well as draft picks that ruined any chance of sustained success for 3 straight years.
You have to ask yourself, will the 2mil extra we pay him (8 over 4) matter? I'll back Chad up on this one, when you pay a punter 4mil!
You have to ask yourself, will the 2mil extra we pay him (8 over 4) matter? I'll back Chad up on this one, when you pay a punter 4mil!
Posted on 6/5/16 at 9:15 pm to Mrwhodat
becoming more obvious by the day that Drew is all in for Drew. And that's great for him but don't freaking try to insult Saints fans everywhere by portraying yourself as a choir boy who is all about the team. That's the furthest from the truth. Drew is all about Drew but is to big of a puss to own it.
Anyway, I will be looking forward to finding out soon where I can get a Jimmy John sub from the newest location near me
Anyway, I will be looking forward to finding out soon where I can get a Jimmy John sub from the newest location near me
Posted on 6/5/16 at 9:52 pm to CapperVin
You guys are mridiculous Drew IS the Saints. No Drew? Get ready to be perrenial losers again. Just ask all those teams that have been drafting a QB in the first round or even #1 over and over again only to never really find one.
Posted on 6/5/16 at 10:19 pm to Mrwhodat
Pro football is a business.
Posted on 6/5/16 at 10:21 pm to metryboy
Not asking him to play for the veteran minimum. If he wants to be remembered for how much money he ends up with, then that's fine. But if he claims to be a great competitor, stop fricking around trying to squeeze the Saints out of every penny. It's all about SB ring(s)-plural.
Posted on 6/5/16 at 11:45 pm to Patrick O Rly
quote:Close, Brees cares more about maximizing his money than he does winning another Super Bowl. He is a competitor (for the antithesis please see below):
Because he doesn't care about that.
Posted on 6/6/16 at 3:32 am to bonethug0108
quote:
In other words, what Jazzy Jeff has been saying all along.
I fixed it for you.
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