His dead cap is unmovable at the start of the new league year. That date and time I believe is March 18th @4 EST. That will be the deadline for a new Brees deal. I also think they would prefer to sign it after the new CBA gets approved (which is no guarantee) late Saturday to early Sunday. That means the hot spot for a new deal is March 16 or March 17. That is when I will be refreshing like a son of a gun!!