Was the Saints' Front Office (e.g., Loomis) Fleeced on the Sean Payton Trade?

Nolan said
Brady didn't turn it down. It was a done deal. It only fell through because Brees changed his mind on retiring after he found out about Brady coming here.

I don't think it was a done deal. There were negotiations and if Brees retired, an offer was rumored to be on the table.