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No progress between Saints, Brees on Wednesday

The 2012 ESPY Awards - Backstage & Audience Getty Images

The clock keeps ticking, but no one is talking.

Or, perhaps more accurately, they may be talking, but they’re making no progress.

Per a source with knowledge of the situation, the Saints and quarterback Drew Brees made no progress on Wednesday toward a long-term deal.  That gives the two sides four full days and 16 hours of a fifth to work something out.  Otherwise, Brees and the Saints can do only a one-year deal for 2012.

Meanwhile, more information has surfaced regarding the divide between player and team.  Though the relative gap on average value seems small, given that the Saints reportedly have offered $19.25 million per year and Brees reportedly wants $20.5 million annually, the Associated Press reports that the two sides are more than $10 million apart on guaranteed money.

Unfortunately, the AP report doesn’t say how much Brees wants or how much the Saints have offered in guarantees.  Likewise, there’s no mention of the type of guarantees at issue.  Brees presumably would get a large chunk of fully guaranteed money in the first year.  For funding purposes, another sizable chunk for the second and possibly third year would be guaranteed for injury only at first, converting to a full guarantee next year.

As to the annual average, the AP report suggests that $20.5 million could represent a reasonable increase over Peyton Manning’s $19.2 million average.  The difference, however, is that Manning got his contract on the open market.  Brees doesn’t have that kind of leverage.

He could next year, but he doesn’t now.  And so perhaps the answer is, as we suggested earlier today, to take the $16.371 million now, assume the risk of injury for one more season, and then cash in even bigger in March than he could now — especially if the Saints can’t or won’t devote $23.57 million in cap space to Brees under the franchise tag, allowing him to strike an even better deal (with a lower cap number in 2013), based on what other teams would offer.

Either way, this one will be over once and for all by Monday, or it will continue to linger into next year.

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29 Responses to “No progress between Saints, Brees on Wednesday”
  1. beerbudsnbevo says: Jul 11, 2012 10:46 PM

    Yeah, I feel your pain Drew….

    My boss and I are far apart also, on a deal to keep me at my job for a few more years….

    I may just have to suck it up and take the fifty cent raise….

  2. butthatmakestoomuchsense says: Jul 11, 2012 10:48 PM

    I love the one-sidedness of NFL contracts.

    If the team is unhappy the player is gone. If Brees or any other player is ever unhappy in the middle of a deal, they’re stuck.

    How is that fair?

  3. coltsluckdynasty says: Jul 11, 2012 10:52 PM

    And so the drew brees greed saga continues! What a classy guy, sorry, but this is getting out of control.! I understand that you want to get as much as you can, and feed the family, but when will he realize that his entire team suffers????? I’m not a drew hater, but I am turning into one with each passing day! Cmon drew, 19,000,000 + a season is unbelievable…. To the saints franchise, don’t buckle, tag him, and make him play this season….. Then see if he’s worth the 20+ million after this season…. Does he think he’s the best quarterback in the game??? If so, he needs to watch every analyst talk about why he is 2 and really should be 3…. I would take Tom Brady any day of the week. After 2 years, I will take the future all day….. Welcome to the league of luck!!! The next big thing!!!

  4. jimbo75025 says: Jul 11, 2012 10:59 PM

    I have really grown to dislike this guy in a really short amount of time. 19.25 million/yr is plenty for one player, any more and there is not enough left to build a team. Brees needs the Saints as bad as they need him. Few playoff calibre teams need a QB.

  5. benchwarmer69 says: Jul 11, 2012 11:01 PM

    Of course there is no progress. Brees wants more than the Saints are willing to shell out.

    They have to think of the future of the team, how they’re going to pay vet players, uprising rookie stars, and how this impacts them if there is an injury.

    Brees is not giving them a “hometown discount,” and that’s a shame considering the Saints are where he became a star.

  6. dpinchot says: Jul 11, 2012 11:06 PM

    As a Saints fan, I believe that no one player can command that much of the cap space. No player, not even Brees. If Drew does not sign a long term deal, I would shop him around for draft picks and a starting QB. Three number ones + two number twos and an existing starter. With the rest of the Saints in place, they would still be good enough to compete for the South. Let Mr Greed go….

  7. everyonethinksitimsayingit says: Jul 11, 2012 11:19 PM

    Pay the man! The saints were a joke before Brees (and Payton).

  8. rekingcrew says: Jul 11, 2012 11:20 PM

    I don’t really care.

  9. catskinnerd11r says: Jul 11, 2012 11:36 PM

    Melt down your ESPY and that should make up the difference

  10. realitycheck21 says: Jul 11, 2012 11:38 PM

    Matter of principle now. Brees wants his #1 QB guaranteed money. He feels he’s better than Peyton and arguably he is. Only way this is gonna get done. Pay him now and lock him up or end up paying him more next year or lose him altogether. Either way, you lose Benson and Saints. Pay the man and stop this BS circle jerk.

  11. vtopa says: Jul 11, 2012 11:39 PM

    Don’t get yer panties in a wad peeps. The contract will be signed by the end of the week and the rest of the NFC South will wallow in misery for another season…

  12. treesloth16 says: Jul 11, 2012 11:47 PM

    I was a Charger fan back when LT and Brees were together. I watched that Broncos game where Gerard Warren fell on Brees (intentionally to injure him); watched as Brees walked back to the sideline holding his right arm. I thought then and there that his career was over. God, I HATE the Broncos.

    I’m a tough guy, but I had tears in my eyes when Brees won that SuperBowl, and held up his son while accepting the trophy. Brees played last year without a long-term contract. He has every right to ask for more money because he’s been putting up video game numbers while playing for only $10mill a year, and winning a SB. When the salary cap rises several years from now, $20mill a year won’t be more than 15%, almost nothing for the MVP of the team. If you think this money is big, why don’t you look at baseball players’ salaries. ARod makes $30mill and he sucks.

  13. doe22us says: Jul 11, 2012 11:55 PM

    Greedy son of a gun.

  14. maxpowr says: Jul 11, 2012 11:58 PM

    i’ma Saints fan and a Drew Brees fan, but in my opinion, Drew is being Greedy

  15. jonny42671 says: Jul 12, 2012 12:32 AM

    What a poor excuse for a role model. Liar, Cheater…..unreal. Please go away Drew!

  16. brenenostler says: Jul 12, 2012 12:36 AM

    There’s millions of families struggling financially, but $19 million a year isn’t enough for this guy.

    I wish these rich, greedy a$$holes could see a day in the life of a normal American and be happy with what they have. I’m not just talking about Brees. But I always thought he was one of the good guys.

  17. jimbo75025 says: Jul 12, 2012 12:41 AM

    dpinchot says:
    Jul 11, 2012 11:06 PM
    Three number ones + two number twos and an existing starter. With the rest of the Saints in place, they would still be good enough to compete for the South. Let Mr Greed go….
    ———–

    Sorry, but no QB on the wrong side of 30 is worth that kind of investment (not even mentioning the $20 million/yr you would have to pay him). At best Brees has maybe 5 years left anyway. Belichek would trade away Brady for that haul of picks.

  18. goodolebaghead says: Jul 12, 2012 12:50 AM

    You are all watching the Tom Condon/Mickey Loomis Superbowl. You know two people of this negotiating caliber are going to bring it down to the wire.

  19. xx4zu1 says: Jul 12, 2012 12:50 AM

    Wasn’t the idea of the rookie wage scale to prevent unproven players from receiving large unearned paydays and then to allow that money to be spent on prove players that earned it? Didn’t Bradford sign a 6year $86million deal with $51million guaranteed over the first 4 years? Would you trade Bradford for Brees? They aren’t even in the same ballpark? Pay the man and quit squabbling the teams got the break on the rookie scale and now they want to keep the money.

  20. jason1980 says: Jul 12, 2012 1:21 AM

    Drew Brees is the man! We love you here in New Orleans. Why don’t other NFL fans love you, WHY?? Haha…..we know why.

  21. boobsmcgoo says: Jul 12, 2012 1:23 AM

    The Saints are negotiating through the media, and they have successfully duped you simpletons into thinking Brees is the greedy one. None of you have read the proposed contracts and all the provisions. You just read the headlines and assume, “Hey, the Saints offered Brees a butt load of money, he should sign the contract, greedy SOB…” I am with Brees on this one.

  22. babykaby says: Jul 12, 2012 2:54 AM

    And the greed continues. He thinks he’s better than Peyton. Are you kidding? Peyton carried an entire team, as was proven when he went down and his team couldn’t buy a game. Brees goes down his team will continue to win. That is the difference. Stop being a greedy pig. Your team is going through a difficult time right now and you adding to it with your greediness is making it even worse. You are NOT the number 1 QB in the league. Get over yourself.

  23. CKL says: Jul 12, 2012 6:09 AM

    boobsmcgoo says:
    Jul 12, 2012 1:23 AM
    The Saints are negotiating through the media, and they have successfully duped you simpletons into thinking Brees is the greedy one. None of you have read the proposed contracts and all the provisions. You just read the headlines and assume, “Hey, the Saints offered Brees a butt load of money, he should sign the contract, greedy SOB…” I am with Brees on this one.
    _________________________________
    Except for the fact that Condon mouthpiece Mortensen has put it out there that they disdain PM’s deal with Denver (19 mill/yr) because they feel that PM could have gotten 25 mill+ from another team.
    Maybe DB wants his money before the team has to see more of him playing sans Payton as his playcaller. Some of those games last year were pretty rough for him, like vs TB I think.

  24. mp42245 says: Jul 12, 2012 6:42 AM

    jimbo75025 says:
    Jul 11, 2012 10:59 PM
    I have really grown to dislike this guy in a really short amount of time. 19.25 million/yr is plenty for one player, any more and there is not enough left to build a team. Brees needs the Saints as bad as they need him. Few playoff calibre teams need a QB.
    Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

    Maybe Brees will make a team playoff caliber. Some teams are just a QB away.

  25. canadianfootballfan says: Jul 12, 2012 6:53 AM

    Two questions….1) How much was the saints worth in 2005 before Brees got there.

    2) How are they worth now????

    Brees deserves everything he is asking for, let’s remember people the saints could have and should have locked him up last year..but looms rolled the dice and lost BIG time…now it’s time to ante up and pay the man.

  26. sj39 says: Jul 12, 2012 8:12 AM

    dpinchot, you have Brees way over-valued. In fact if I were Saints owneship I would just cut him.

  27. stac266 says: Jul 12, 2012 8:50 AM

    I love the Saints and yes Drew Brees is one of the best things to ever happen for the team and the city of New Orleans. I also understand why he is being cautious after what happened to him playing under the tag in San Diego but enough is enough. Initially I wondered what the hell the Saints were doing by dragging this out but more and more this seems to be falling on the shoulders of Brees. He’s basically handcuffing the team and the longer this goes more and more people will start to side with the team. Saints fans like all other fans love their TEAM. We all like our team to win but at the end of the day we still love them no matter how much they win or who the QB is. Get of your pedistal “Saint Drew” and sign the offer that makes you the highest paid player in NFL history. This team has been through enough.

  28. hammertoe11 says: Jul 12, 2012 8:53 AM

    You know i am starting to miss Brett Favre. His drama is way much then DREW drama. I say cut Drew and move on. Let Drew go sit on the front porch of good friend Sean Payton and talk about the good old times.

  29. mrpowers88 says: Jul 12, 2012 5:04 PM

    Drew has a starting point of $40 Mil guaranteed over 2 years. The only way he doesn’t is if the Saints have told him there is no way they’re using the tag on him next year. Looking at a new 5-6 year deal, I think the guarantee has to be between $50-$60 mil, or probably more.

    This reminds me of the Larry Fitzgerald situation a few years back when he was on the hook to the Cards for more than $30 mil in the last 2 years of his rookie deal and they had to give him 4 yrs, $40 mil pretty much all guaranteed to free up cap space.

    Obvious differences, I know, but if the Cardinals could do it (Keep cap flexibility and appease their superstar, while having less leverage), whats keeping the Saints from doing it (Chance of losing the franchise savior, with the alternative of going 3 deep at QB with Daniel, McCown, and Cannfield)?

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