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Brees’ franchise tender comes in at $16.371 million

2012_NFL_Free_Agent_Quarterback_Rankings_Drew_Brees_Saints Getty Images

Saints quarterback Drew Brees wants a long-term deal.  But if he decides at some point to accept the one-year exclusive franchise tender, Brees will receive $16.371 million for 2012.

Or, in other words, $1.023 million per game.

The number reflects the average of the five highest-paid players at the quarterback position for the current year.  (For non-exclusive franchise tenders, the average is based on the prior year.)

Restructurings of contracts by quarterbacks like Ben Roethlisberger, Eli Manning, and Tom Brady drove down the average.  Peyton Manning’s $18 million payout from the Broncos in 2012 helped boost the number a bit, even though the cap number is lower than what it would have been if Manning hadn’t been cut by the Colts.

If the Saints decide to go year-to-year with Brees, he’ll be entitled to $19.645 million in 2013 (i.e., 120 percent of his 2012 pay) and a whopping $28.289 million in 2014 (144 percent of his 2013 pay).

That’s a total of $64.3 million over three years.  Thus, if Brees currently is looking for an average payout of more than $21.43 million per year over the next three years (which equates to $64.3 million over three years), it makes no financial sense for the Saints to offer him a long-term deal.

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38 Responses to “Brees’ franchise tender comes in at $16.371 million”
  1. binkystevens says: May 3, 2012 2:23 PM

    Spoiled. Brat.

  2. djrando7 says: May 3, 2012 2:23 PM

    POOR DREW BREES! He would have to play for a WHOLE year for ONLY $16.371 million. This is just not fair. DREW BREES DEMANDS AN EXPLANATION

  3. doubleogator says: May 3, 2012 2:28 PM

    If it’s all the same then why not give him what he’s asking for and make him happy?

  4. clarkisgod says: May 3, 2012 2:28 PM

    He got hurt the last time he signed and pretty much got thrown in the trash when he got hurt. I don’t blame him for not wanting insecurity like that again. But yes, 16 mil is still a lot of money!!

  5. Stupid Raiders Fan says: May 3, 2012 2:29 PM

    Nice Breakdown. It makes no sense for them to be on the hook for more than 3 years either.

  6. mrcosio says: May 3, 2012 2:30 PM

    “Im only getting 17 million dollars NOT FAIR :(

    #RichPeopleProblems

    Seriously if Breesus doesn’t want that money I’ll gladly take it

  7. daysend564 says: May 3, 2012 2:30 PM

    If he wants more than 3/$64, just tag him every year. Then you can get out quickly if he gets hurt. Stick it to him

  8. hrdcorbengalsfan says: May 3, 2012 2:31 PM

    Ridiculous!

  9. 12strikes says: May 3, 2012 2:32 PM

    If his name was Anthony Hargrove that would be
    $2.046 mill per game…

  10. tommyf15 says: May 3, 2012 2:32 PM

    binkystevens says: Spoiled. Brat.

    The only spoiled brats are internet whiners who want to boss Drew Brees around.

    It’s his choice as to whether or not he wants to accept the franchise tag. So far he was opted not to.

    So wipe away those tears. It really doesn’t affect you very much.

  11. ty46 says: May 3, 2012 2:33 PM

    Saints paid out half a dozen huge contracts this offseason and they continue to ignore their hero.

  12. nineroutsider says: May 3, 2012 2:34 PM

    Are there any reports on the number Brees is looking for? Maybe he just wants the stability of a longer term deal with a decent signing bonus.

  13. tommyf15 says: May 3, 2012 2:34 PM

    djrando7 says: POOR DREW BREES! He would have to play for a WHOLE year for ONLY $16.371 million. This is just not fair. DREW BREES DEMANDS AN EXPLANATION

    I’ll give you a simple one: he’s worth more than that.

    I mean, otherwise the Saints wouldn’t have franchised him, right? Pretty easy to understand.

  14. ishudbgm says: May 3, 2012 2:58 PM

    I know being an NFL QB isn’t easy by any stretch of the imagination but damn…..over 1m per game!!!!!!!!!! For that kind of money you better guarantee me a SB ring at the end of the year. Every 7 days you take home 7 digits on a paycheck (about $142,000 a day)…..forget summer school my kid is going to football camp.

  15. tommyf15 says: May 3, 2012 2:59 PM

    mrcosio says: Seriously if Breesus doesn’t want that money I’ll gladly take it

    Then go right ahead and take it.

    Let the Saints know you’ll play QB this year for what they’re offering Brees.

    You’re still here? Go take the money!

  16. daysend564 says: May 3, 2012 2:59 PM

    He just wants to make as much money as Charles Johnson (CAR) made last year. $34M

  17. tommyf15 says: May 3, 2012 3:02 PM

    Stupid Raiders Fan says: Nice Breakdown.

    Not really.

    The article makes it sound like Brees is turning down a three year deal worth $21.43M per, and he isn’t being offered that.

    Brees is turning down a one year deal that he has every right to say NO to.

  18. explosionsauce says: May 3, 2012 3:07 PM

    Brees says there is no evidence that he’ll make 1 million per game.

  19. dwntwnbadboy19 says: May 3, 2012 3:09 PM

    How is he ever gonna be able to feed his family?

  20. shrike3000 says: May 3, 2012 3:11 PM

    @nineroutsider

    Reports are he wants $23 Million a year. And this is why we have a standoff between his agent and Loomis. Once it gets closer to the July 15th deadline a deal will get done.

  21. whodat2 says: May 3, 2012 3:23 PM

    No reason why he shouldn’t be paid more than humpty dumpty in Denver…..he’s worth much more than the franchise tag. Any place outside of NOLA 63 mil over 3 yrs doesn’t make sense, but Drew is worth that and more. His contributions on and off the field make it a fair deal! Then again, if you’re not from the region you really don’t have a clue.

  22. starvingardens says: May 3, 2012 3:27 PM

    The Saints should give the man whatever the hell he wants. He not only put that team on his back, but also the city and state when New Orleans was at its lowest.

    He’s been nothing but a model player and citizen to the community, and the organization should be thankful for having him. (Especially now after all this crap that they are involved in.)

    That would be the teams bad if they don’t keep him.

  23. daysend564 says: May 3, 2012 3:29 PM

    Aaron Rodgers, Eli Manning and Tom Brady got many of the NFL headlines a year ago, but it was a mostly unknown, Carolina Panthers defensive end Charles Johnson, who led the way in overall pro football compensation. Johnson earned a stunning $34 million during the 2011 season, the first of a six-year, $72 million contract.

  24. daysend564 says: May 3, 2012 3:30 PM

    He just wants to be the highest paid player!

  25. purplegreenandgold says: May 3, 2012 3:32 PM

    nineroutsider says:
    May 3, 2012 2:34 PM

    Are there any reports on the number Brees is looking for? Maybe he just wants the stability of a longer term deal with a decent signing bonus.
    ===================================

    there are not specifics on numbers just chatter that they know his value and a contract will get done. everyone has a deadline on this story….mine is the beginings of OTAs which is may 22. so im quite sure pft will keep the protractors out and work every angle they can until he signs.

  26. cleonslamminsalmon says: May 3, 2012 3:37 PM

    I can’t til this guy doesn’t play in New Orleans this year. Nothing but silence from their lame fans.

    GO PACK GO!

  27. nolarules says: May 3, 2012 3:37 PM

    Brees reportedly has asked for somewhere between 23-25 million per. Saints have reportedly offered 18 million per. So somewhere between 5 and 7 million apart.

  28. somatg3 says: May 3, 2012 3:52 PM

    someone owes drew brees an explanation

  29. mediasloppy says: May 3, 2012 4:01 PM

    Saints can’t sign a QB and the Vikings can’t find a Stadium. Good luck to both.

  30. quirtevans says: May 3, 2012 4:08 PM

    When you say it makes no financial sense to offer him a richer deal than he’d get being franchised, you miss two points.

    1. They want him happy, not grumbling.

    2. If they can cut a deal with Brees, that leaves the franchise tag available for someone else.

    The first may not be a financial consideration, but the second may well be.

  31. 4thquartermagic says: May 3, 2012 4:09 PM

    Bunch of facts have been left out of this article.

    1. Brees got screwed by the franchise tag once in his career. That’s how he ended up in NO.

    2. Bees is just 32 years old so he has a lot of football left. A long term deal makes sense.

    3. “It makes no financial sense to sign Brees.” This statement doesn’t take into account the fact the Brees IS the Saints. Without him they are nothing. Guaranteed you lose more money fielding a 4-12 team.

    4. Drew is a class at in the NO community. His worth extends off the football field.

    5. Drew has all the leverage. Saints have no coach, no GM, no defensive captain, and no offense without Brees.

  32. porterhouse12 says: May 3, 2012 4:22 PM

    If he wants a contract equal to Manning or Brady – fine. Several more million per season – not worth it for the Saints. They can franchise him for three years and have no long term obligation in the event he gets hurt…which he has before.

    He wants what Manning got taking into consideration the $26 mil the colts payed 18 while not playing a snap. Not going to happen. Shouldn’t happen. He deserves a big contract, but not the highest ever. Class act Manning matched Brady’s deal when more was offered. Show some class Brees!

  33. cowboyhater says: May 3, 2012 4:26 PM

    Not sure where this Bree’s hating is coming from. This guy is to the Saints, as what Manning was to the Colts. I certainly didn’t hear the same hate from Manning contracts. The NFL set the rate for top NFL QB’s, and all this guy is doing to asking for that same share. He knows where he is in his career, and is looking for that last big contract, just like any other player in this league would. He deserves another contract, and if the Saints don’t give him one, then it just shows me that this organization has been a sham. The Saints have been revered as a great, well run organization, but now with all this controversy, I don’t see them in that same light.

  34. daysend564 says: May 3, 2012 4:42 PM

    quirtevans says: 2. If they can cut a deal with Brees, that leaves the franchise tag available for someone else.
    ===================
    No, franchise tags had to be applied over a month ago. If they sign him, they get no franchise players.

    @mediasloppy says:
    Saints can’t sign a QB and the Vikings can’t find a Stadium. Good luck to both.
    ===================
    Might be cheaper to buy a stadium than pay Brees what he’s looking for.

  35. bjtmeyer says: May 3, 2012 4:58 PM

    $16 million for one year? What’s wrong with that?

  36. tommyf15 says: May 3, 2012 5:18 PM

    cowboyhater says: I certainly didn’t hear the same hate from Manning contracts.

    Eh…I’m sure the folks who are whining about Drew Brees now were whining about Peyton Manning then.

    If they were around thirty years ago they were whining about Archie Manning’s salary as well.

  37. beeronthefridge says: May 3, 2012 6:58 PM

    According to unnamed sources, Brees won’t sign a contract until he gets an explanation of the saints’ misdeeds!

  38. smadison29 says: May 3, 2012 10:26 PM

    LOL, it’s funny when you post a comment correcting something stated in the article, not only do they correct the article but delete your post so they look fully competent.

    Self conscious? We all make mistakes.

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