The New Orleans Saints and Drew Brees have reportedly come to a contract agreement that seems to be a win-win for both sides.
The Saints and Brees have agreed to a one-year extension, according to NFL.com’s Ian Rapoport. ESPN’s Ed Werder claims it is a five-year extension that will automatically void to two years. Brees will make $44.25 million guaranteed over the next two seasons. Brees will make $20 million this season and $24.25 million in 2017, according to ESPN’s Adam Schefter.
The voided years are for proration purposes and the deal also includes a no-trade clause and a no-franchise tag clause. Brees’ five-year contract worth $100 million signed in 2012 was set to expire after the 2016 season.
This is a savvy deal by the Saints that truly works out both ways. Brees will get one more mega payday as he heads into the twilight of his career and he will most likely be worth the investment to the Saints as he remains one of the league’s top passers. The Saints made a hefty short-term investment in a quarterback who can still get them to the playoffs, but won’t be forced to commit to anything past 2018, when Brees will be nearing 40 years old.
Brees is coming off another excellent season, during which he threw for 4,870 yards, 32 touchdowns and 11 interceptions. There’s no doubt Brees has plenty left in the tank for at least one more season. The question will be when Brees starts to show obvious signs of regression. That’s why the Saints were cautious in committing their future to their talented, but aging quarterback.