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Drew Brees 5yr/$100 mil

Discussion in 'Football: NFL, College, High School' started by ubigred, Jul 13, 2012.

  1. ubigred

    ubigred Contributing Member

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    Congrats to Brees.
    First year $40 mil guaranteed.

    Happiest person in the world? Aaron Rodgers

    Source: ESPN, Chris Mortenson
     
  2. ILoveTheRockets

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  3. gwatson86

    gwatson86 Contributing Member

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    I'm glad my Saints have finally realized that this man is worth EVERY. DAMNED. PENNY.
     
  4. sugrlndkid

    sugrlndkid Member

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    40 mil guaranteed the 1st year...Holy Crap...Saints thinking next year is a tank year...might as well pay Drew as much as they can now...so they can afford getting players later on...interesting move...

    40Mil this year...is crazy though
     
  5. bamaslammer

    bamaslammer Contributing Member

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    Thank goodness it finally happened. I'm quite pleased.

    They needed to pay him. He's the biggest thing in New Orleans besides an order of beignets (washed down with chicory of course). He's put up numbers that make PS3 look fictional. He's got a very good chance to finish out the five years on his contract with big numbers and live up to the price tag.
     
  6. david_rocket

    david_rocket Member

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    So according to albert breer from NFL Network, this is how the deal is structured over the 5 years:

    Link: http://www.nfl.com/news/story/09000...rees-contract-what-the-new-orleans-saints-owe

    Here's the year-by-year breakdown:

    2012
    $37 million signing bonus
    $3 million base
    CAP HIT: $10.4M ($3M + $7.4M bonus proration)

    2013
    $10 million total
    CAP HIT: $17.4M ($10M + $7.4M bonus proration)

    2014
    $11 million total
    CAP HIT: $18.4M ($11M + $7.4M bonus proration)

    2015
    $19 million total
    CAP HIT: $26.4M ($11M + $7.4M bonus proration)

    2016
    $20 million total
    CAP HIT: $27.4M ($11M + $7.4M bonus proration)
     
  7. Air Langhi

    Air Langhi Contributing Member

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    Only 40 mil guaranteed? Carlos Lee, Jayson Werth an Rashard Lewis laugh at you.
     
  8. ubigred

    ubigred Contributing Member

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    In football terms.
     
  9. darksoul35

    darksoul35 Member

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    Wrong.Will be the first team to play in the superbowl at home
     

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