Drew Brees will most likely hang his cleats up as a member of the New Orleans Saints after his most recent deal. The New Orleans Saints and Drew Brees have agreed to a one year extension that will grant Brees $44.25 million over the next two years.
According to ESPN,
The extension was announced as a five-year deal but contains an automatic void at two years, sources told ESPN’s Ed Werder. That means Brees is contractually committed to the Saints for only the 2016 and 2017 seasons. His $20 million salary this season and $24.25 million for next season — a total of $44.25 million — is fully guaranteed, the sources said.
The deal also includes a no-trade clause and forbids the Saints from using their franchise tag on the quarterback. In essence, the Saints get Brees under contract for one additional season, but by spreading the contract over five years, they significantly reduce Brees’ $30 million cap hit for 2016, which was the highest for any player in NFL history.
The extension reduces Brees’ cap number from an NFL-record $30 million to $17.25 million for 2016
The New Orleans Saints kick off the 2016 NFL Season The Saints host the Oakland Raiders on Sunday September 11th at 1pm EST. Stay tuned to HHS1987. Follow @eldorado2452 on Twitter and Instagram for all your NFL and sports news.
© 2016, Eldorado2452. All rights reserved.
