BREAKING NEWS: Drew Agrees to Contract Extension!!! [Merged] (4 Viewers)

These automatically voiding contracts are so weird to me. We did something similar with Fairley right? I guess I don;t understand how the automatically voided years are beneficial to anyone.


Maybe it has something to do with how the money gets distributed or impacts the cap.
 
I hate these voidable contracts that Mickey keeps structuring (Fairley, Kruger and now Brees). It just guarantees a bunch of dead money when the deals void.
 
Maybe it has something to do with how the money gets distributed or impacts the cap.

Maybe so. I guess that means more dreaded "dead money" spread out over "voided" years 3-5?
 
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Awesome!! Hopefully we can do the same thing again next year.
 
These automatically voiding contracts are so weird to me. We did something similar with Fairley right? I guess I don;t understand how the automatically voided years are beneficial to anyone.

I guess it allows you to spread the signing bonus out over the life of the contract, even if the last few years of the contract are fake.

Yeah, I have a feeling this loophole will get addressed at some point, hopefully not in the form of a fine or loss of draft picks. :hihi:
 
I'm confused but excited. Story of my life. Sounds like some GM witchcraft to me!
 
So if we decide we still want to keep him after two years, I hope we aren't on the hook for a lot of money for those three years that will automatically void, considering we will have to pay him a new contract on top of that.
 
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Brees deal is extremely cap friendly for the <a href="https://twitter.com/hashtag/Saints?src=hash">#Saints</a>.</p>&mdash; Lyons Yellin WWL-TV (@LyonsYellin) <a href="https://twitter.com/LyonsYellin/status/773604101384830976">September 7, 2016</a></blockquote>
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There's a looooot of crow that's gonna need to get eaten around here...

Ha! You got that right !
 
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Kudos to Brees for working with <a href="https://twitter.com/hashtag/Saints?src=hash">#Saints</a> to help build a winner around him. Without knowing exact structure this deal def helps team</p>&mdash; Lyons Yellin WWL-TV (@LyonsYellin) <a href="https://twitter.com/LyonsYellin/status/773605823494754304">September 7, 2016</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
 

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