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#Saints reach agreement on 5 yr, $100-mill deal, including $40 mill in year 1; $60 mill guaranteed in 1st 3 yr.
https://twitter.com/mortreport/statuses/223832772366700544
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I wonder if Tom Brady will look at that contract and go "man, if only I was a little younger... !"
The deal includes $40 million in the first year and a guaranteed $60 million in the first three years of the contract. That’s the biggest guarantee for any contract in NFL history. After protracted negotiations, Brees has done very well for himself.
Florio also has confirmed the numbers, adding that there are $22 million more in “rolling” guarantees as the contract unfolds.
His good guy act really should **** off imo. Seems like a guy who doesn't even have the common courtesy of giving the team that gave him another shot a reach around when he is....you know.
I like Brees, but wow that's a lot of $.
What's the salary cap, $120M this year? So it's Brees with 33%, the other 52 guys get to split the remaining 66%? Can you say 'locker room strife'?
right place at the right time at the right age
His cap hit isn't $40M. The signing bonus, prob $20M, gets spread over the life of the deal. So the cap hit is closer to $25M in year one...roughly.
I wonder if Tom Brady will look at that contract and go "man, if only I was a little younger... !"
The signing bonus is likely larger than the salary and the cap # this year closer to what it was under his tag, $16.4M. Teams can structure these deals to best suit their cap position going forward. His cap won't be $25M unless they for some reason want his deal frontloaded to have lesser cap hits in 4-5 years...