Drew Brees' extension looks like a win for the Saints -- Underhill (1 Viewer)

Dan in Lafayette

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<img src="http://bloximages.newyork1.vip.townnews.com/theadvocate.com/content/tncms/assets/v3/editorial/0/15/0151210f-c0af-54d8-a346-d980ad119eba/57d078169fba6.image.jpg?resize=1200%2C1089" width="650" /img>

Drew Brees' extension looks like a win for the Saints

By Nick Underhill -- Advocate



Every organization and every fan base should be afraid of becoming the Cleveland Browns.

Teams like that live in something like a post-apocalyptic dead land that is unable to grow and harvest quarterbacks. They keep buying seeds, planting them, and yet nothing ever sprouts. It’s not a knock on those players or the organizations suffering through similar fates; it’s just difficult to locate, draft and develop quarterbacks.

That’s why on Wednesday the present became the future, and the future became the past in New Orleans. Drew Brees is sticking around for the next two years, and Garrett Grayson, at least as the 53-man roster is concerned, is out after being waived.

This was a move the organization had to make. Having Brees means the organization has a shot at making the playoffs the next couple years. There are no guarantees, and things might look bleaker once the season starts and we know what this team is made of, but the Saints don’t appear that far off. Get the defense to at least a mediocre level, settle the offensive line, and No. 9 can do the rest.

MORE -- Advocate
 

Consiglieri

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When they say the deal is "cap-friendly" for the Saints because it spreads the money out for 5 years, does that mean we are avoiding or just delaying the pain of a major cap-strap situation?
 

BoNcHiE

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When they say the deal is "cap-friendly" for the Saints because it spreads the money out for 5 years, does that mean we are avoiding or just delaying the pain of a major cap-strap situation?
You can never avoid the possibility of dead money with a player of Brees' stature (or even players well below his stature but still on high contracts) if that player doesn't finish the contract. If Brees falls off the face of the earth and has to retire after 2017, we will have dead money.

The only way to avoid that would be to have huge, debilitating cap hits over the next two years. If Brees plays well, we can negotiate based on the 5 year framework, convert more money to guaranteed and essentially "extend him within his extension" to keep playing.

So it's not that we are "kicking the can" as much as we are doing the only possible thing that can be done to keep him without destroying the cap.

Keep in mind that the Patriots are in the same boat. They now have money committed to Brady through him being 42 years old (!). Brady this year is the age Brees will be when the two year void comes up. Had Brady sucked last year and gotten cut/retired this year, the Patriots would of owed 27million in dead money. So in that respect, we are actually in a much better place because if Brees voids/retires at the same age, our dead money amount is much lower.

I really don't think it becomes an issue though. There's noway (IMO) that Brees is going to suck/retire at the end of his 38 year old season. The guy is going to play until he's 40.
 

TheRealJRad

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We were the Browns for 25 years.
Key word.

You can never avoid the possibility of dead money with a player of Brees' stature (or even players well below his stature but still on high contracts) if that player doesn't finish the contract. If Brees falls off the face of the earth and has to retire after 2017, we will have dead money.

The only way to avoid that would be to have huge, debilitating cap hits over the next two years. If Brees plays well, we can negotiate based on the 5 year framework, convert more money to guaranteed and essentially "extend him within his extension" to keep playing.

So it's not that we are "kicking the can" as much as we are doing the only possible thing that can be done to keep him without destroying the cap.

Keep in mind that the Patriots are in the same boat. They now have money committed to Brady through him being 42 years old (!). Brady this year is the age Brees will be when the two year void comes up. Had Brady sucked last year and gotten cut/retired this year, the Patriots would of owed 27million in dead money. So in that respect, we are actually in a much better place, as if Brees voids/retires at the same age, our dead money amount is much lower.

I really don't think it becomes an issue though. There's noway (IMO) that Brees is going to suck/retire at the end of his 38 year old season. The guy is going to play until he's 40.
I'm curious how many times you can re-word this same great post. :hihi:
 

booya

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I seriously don't like the thread title.
"A win for the Saints..."

If you speak it out like that does it implies that the other side has lost.

And I don't like any idea of Drew having lost any battle.

This deal is a good deal for both sides.

Drew is happy, Saints are happy, Fans are happy, Falcons are unhappy.

So its a Win-Win-Win-Lost situation.
Perfect !
 

Hopeless

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I seriously don't like the thread title.
"A win for the Saints..."

If you speak it out like that does it implies that the other side has lost.

And I don't like any idea of Drew having lost any battle.

This deal is a good deal for both sides.

Drew is happy, Saints are happy, Fans are happy, Falcons are unhappy.

So its a Win-Win-Win-Win situation.
Perfect !
Fixed for you
 

MissippiWhoDat

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Anyone care to wildly speculate why we lowered his cap hit this year so much?

Anyone care to wildly speculate why we lowered his cap hit this year so much?

Ed Werder &#10004; @Edwerderespn According to source, Drew Brees cap number with extension reduced from NFL-record $30M to $17.25M.


Doesn't make sense to me unless we are trading for someone or we can pay someone else (Byrd) more this year to lessen cap hit in future years (not sure if that's even possible). Not bashing Byrd either; he was just the first example that came to mind. I really think he'll do well in DA's scheme.
 

Merl

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When they say the deal is "cap-friendly" for the Saints because it spreads the money out for 5 years, does that mean we are avoiding or just delaying the pain of a major cap-strap situation?
According to overthecap.com who got their numbers from Andrew Brandt the new deal breaks down like this.

Brees got a new $30 mil signing bonus.

2016: $1 mil salary, $10 mil from prior bonus's, $6 mil from the new bonus, and $250k from a workout bonus for a total 2016 cap hit of $17.25 mil.

2017 $13 mil salary and $6 mil prorated bonus for a cap hit of $19 mil.

2018 is the year the deal voids so if they allow it to happen the remaining $18 mil pro-ration accelerates to that years cap.
 

superchuck500

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When they say the deal is "cap-friendly" for the Saints because it spreads the money out for 5 years, does that mean we are avoiding or just delaying the pain of a major cap-strap situation?
It means we're spreading out the money because you pro-rate signing bonuses to each year of the deal. It's smart but the downside is that we will probably be paying a cap hit on Brees after he has left the team either to retire or go elsewhere. But it's not quite the same as simply deferring the pain because it's a lower number to deal with each year.
 

Boiler Jim

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I seriously don't like the thread title.
"A win for the Saints..."

If you speak it out like that does it implies that the other side has lost.

And I don't like any idea of Drew having lost any battle.

This deal is a good deal for both sides.

Drew is happy, Saints are happy, Fans are happy, Falcons are unhappy.

So its a Win-Win-Win-Lost situation.
Perfect !
Drew signed it; but I seriously doubt he is happy. The organization and a portion of the fan base failed to respect and support him.

We will be going through another year and offseason just like this past one, since he was effectively extended for a single year. We'll see if Drew makes a similar decision next year.
 

Hopeless

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Drew signed it; but I seriously doubt he is happy. The organization and a portion of the fan base failed to respect and support him.

We will be going through another year and offseason just like this past one, since he was effectively extended for a single year. We'll see if Drew makes a similar decision next year.
Wild assumptions, much?
 

HouseCall

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Drew signed it; but I seriously doubt he is happy. The organization and a portion of the fan base failed to respect and support him.

We will be going through another year and offseason just like this past one, since he was effectively extended for a single year. We'll see if Drew makes a similar decision next year.
I don't know, man.

He just signed his name and made 44 million dollars for the next two years.

He knows the only way he has a shot of finishing his career like an Elway or Peyton is to keep the team coffers flush with enough cash to pursue quality free agents and to re-sign quality teammates.

He also knows that if he keeps playing at a high level (which he definitely believes he can) he'll have an opportunity to sign his name again for another 44-50 million dollars for another couple of years.

He's content in New Orleans. His children were born here. He's spent the last ten years becoming a legend here. He is literally one of the, if not the, most popular people in the state and possibly the entire gulf coast.

I truly believe he wants to retire a Saint. The Saints didn't let him walk. The came to the table and worked out a mutually beneficial deal.

The Saints get cap relief and Brees gets a team that can go after talent to put around him.

They both want to win a Super Bowl and this deal was the best chance for both of them to achieve that.
 

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