Wednesday, August 31, 2011
Saints look to extend Drew Brees
By Pat Yasinskas
Here’s some news that eventually could trigger major celebrations in New Orleans.
The Saints have been talking with the agent for quarterback Drew Brees about a contract extension, according to the New Orleans Times-Picayune. That’s only logical because Brees is about to enter the last year of his contract. His original deal also included 2012 and 2013, but those years voided out.
Brees is scheduled to make $7,393,500 in base salary this year and carry a $10.056 million cap figure. It’s possible a new deal could be structured to lower his cap figure for this year, but that might not be necessary. After cutting defensive end Alex Brown on Tuesday, the Saints have about $7 million in salary-cap space.
Considered one of the game’s top quarterbacks and a staple in the New Orleans community, Brees likely would be among the game’s top-paid players under any new deal. New England’s Tom Brady and Indianapolis’ Peyton Manning each average about $18 million per year and Philadelphia’s Michael Vick recently agreed to a six-year deal reportedly worth $100 million.
The next group of quarterbacks on the salary scale -- Jay Cutler, Philip Rivers and Eli Manning -- average between $14 million and $16 million a year.
The Saints and Brees had mentioned the possibility of an extension long ago, but the NFL’s lockout and labor situation held that up.