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Brees deal sets new bars for average, guarantee

Brees2 Getty Images

The Saints had been willing for a while to make Drew Brees the highest-paid player in NFL history.

Now that he is, let’s take a closer look at what we know, so far.

The whopping $60 million in guaranteed money includes $40 million fully guaranteed, and $20 million in guarantees presumably based only on injury until 2013, a function of the NFL’s outdated and unrealistic “funding” rule, which requires a team to put in escrow now any fully guaranteed money due in the future.

The $20 million annual average puts Brees ahead of Peyton Manning.  It also comes via a contract that, barring serious injury, the 33-year-old Brees likely will fully complete.

Perhaps most importantly, it stretches the rubber band in advance of other quarterbacks who may want to upgrade their own contracts.  Packers quarterback Aaron Rodgers, signed for three more years, will earn a base salary of only $8 million in 2012.  How can the reigning league MVP not merit an upgrade in the wake of Brees’ deal?

Ditto for Tom Brady, Eli Manning, Matthew Stafford, and, eventually, Cam Newton.

The difference for Newton is that, under the CBA, he can’t get a new contract until after the 2013 season.  For the rest, they can get paid now.

And no one should fault them for trying.

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30 Responses to “Brees deal sets new bars for average, guarantee”
  1. slammincamnewton says: Jul 13, 2012 2:06 PM

    He deserves it but DARN it I was hoping he’d sit out. Panthers will still win the division, don’t care. As for a Cam contract, JR isn’t going to break the bank for him so we need to win now.

  2. ilovefoolsball says: Jul 13, 2012 2:08 PM

    Rodgers and Eli have every right to want more $$ but Cam and Stafford still have a lot to prove to deserve getting paid those kinds of numbers.

  3. thegreatgabbert says: Jul 13, 2012 2:08 PM

    New bar for “average” quarterbacks.

  4. spartan822 says: Jul 13, 2012 2:08 PM

    Good luck re-signing your best players next year, Saints.

  5. blackandbluedivision says: Jul 13, 2012 2:11 PM

    The Saints had been willing for a while to make Drew Brees the highest-paid player in NFL history.
    __________________________

    That has to be the biggest joke title in all of sports. The highest-paid player in NFL history only lasts for about a year.

    Peyton had that title last year. Look how that turned out.

  6. Buttsnake says: Jul 13, 2012 2:11 PM

    slammincamnewton says: Jul 13, 2012 2:06 PM

    He deserves it but DARN it I was hoping he’d sit out. Panthers will still win the division, don’t care. As for a Cam contract, JR isn’t going to break the bank for him so we need to win now.
    =========================

    Panthers will be on the bottom of the NFC SOUTH once again.

  7. professorskittles says: Jul 13, 2012 2:12 PM

    I hope he ruins their salary cap.

  8. blackandbluedivision says: Jul 13, 2012 2:12 PM

    Packers quarterback Aaron Rodgers, signed for three more years, will earn a base salary of only $8 million in 2012.
    ________________________________

    Here we go. I don’t think the cheeseheads in WI will appreciate that.

  9. montsta says: Jul 13, 2012 2:17 PM

    @slammincamnewton you make all Panthers fans look like blind Cam Newton jock-sniffers and you have no idea what you are talking about when you say JR won’t break the bank for Cam. He made Deangelo Williams the highest paid running back at the time of his contract. He made Jon Beason the highest paid MLB at the time of his contract. He made Charles Johnson the highest paid DE, with him getting paid $30MM last year alone. Chris Gamble has been paid as a top 5 corner for as long as I can remember. Even Jake Delhomme got a huge extension. Make jokes all you want about how smart the deals are, but JR pays his players very well. Peppers got an offer to be paid the highest of any defensive player in history but wanted to leave anyway.

    You can bet your bottom dollar that in 3 years, when it’s time for Cam to be paid, he will be the highest paid player in league history and his deal will blow this one out of the water. Probably to the tune of 5 years, $130,000,000. Bank on that.

  10. randomguy9999 says: Jul 13, 2012 2:19 PM

    boy did he hoover up the cap……

    good luck keeping a real team together under that paycheck…. everyone else on the teams gonna struggle to get paid now

  11. samie09 says: Jul 13, 2012 2:21 PM

    Glad to have him under contract. I agree him being the highest paid wont last long but he does deserve it. Stafford and Newton are no where near ready in their careers to ask for a contract like that. Bring on the season

  12. gotampabay52 says: Jul 13, 2012 2:23 PM

    good luck with getting free agents and resigning players you all better do it this yr window is about to be closed and for the stupid kitty kat fan slammincam bs name go slam your head camy sucks

  13. taintedsaints2009 says: Jul 13, 2012 2:27 PM

    and all for throwing a football.

    this will never cease to amaze me. america puts its money in football games.

  14. Patriot42 says: Jul 13, 2012 2:27 PM

    Do you suppose it will cause ticket prices to rise?

  15. purpleguy says: Jul 13, 2012 2:29 PM

    Even if it does seem like monopoly money, it’s pretty tough to argue that he isn’t worth it. Besides, with all the crap the Saints are dealing with, they had no choice.

  16. smacklayer says: Jul 13, 2012 2:29 PM

    $40million this year? Florio, can you explain the cap ramifications on this contract? I didn’t realize they have $40mil in cap room this year.

  17. 4evrnyt says: Jul 13, 2012 2:31 PM

    Good luck signing or keeping anybody else on the team for the next 3 to 5 years with the salary cap hit that contract is going to induce.

  18. binkystevens says: Jul 13, 2012 2:32 PM

    My hope is that Rodgers is more of a team player than Brees and doesn’t expect his team to break the bank for him. That would be great.

  19. bigchoreographer says: Jul 13, 2012 2:32 PM

    Cue the haters

  20. contra74 says: Jul 13, 2012 2:34 PM

    blackandbluedivision says:Jul 13, 2012 2:12 PM

    Packers quarterback Aaron Rodgers, signed for three more years, will earn a base salary of only $8 million in 2012.
    ________________________________

    Here we go. I don’t think the cheeseheads in WI will appreciate that.
    ———–
    And when did anyone care what the cheeseheads have to say?

  21. dexterismyhero says: Jul 13, 2012 2:35 PM

    Build a couple of decent levees Drew!!!!!

  22. purplegreenandgold says: Jul 13, 2012 2:36 PM

    blackandbluedivision says: Jul 13, 2012 2:12 PM

    Packers quarterback Aaron Rodgers, signed for three more years, will earn a base salary of only $8 million in 2012.
    ________________________________

    Here we go. I don’t think the cheeseheads in WI will appreciate that.
    ====================================
    wasnt it the packers who boasted record profits earlier this week and this site ran a story on it? the cheeseheads may not like it however i think aaron rodgers is in an excellent position to atleast inquire

  23. clownworldmovies says: Jul 13, 2012 2:37 PM

    spartan822 says:
    Jul 13, 2012 2:08 PM
    Good luck re-signing your best players next year, Saints.

    Well… since the first year of the contract is worth $40 million, i think the second year will have a much friendlier cap number.

    So, apparently, the GM knows a little more than you.

  24. walleyejon says: Jul 13, 2012 2:54 PM

    102 passes (25%) completed BEHIND the line of scrimmage last year. (Check the stats whodats). Rodgers and his agent have got to be smiling

  25. tackledummy1505 says: Jul 13, 2012 3:03 PM

    This is greed and this is why sports are going to out sell themselves. Ticket prices are already outrageous and it’s only to get worse. Awesome! Though it seems like my salary never goes up and I protect and serve. This guy cries because he throws a football and someone has to pay for his 3 houses. Lol football has gotten worse over the years between greedy players and a sickening management who doesnt even care about players with brain damage.

  26. achamarro1 says: Jul 13, 2012 3:17 PM

    MAtthew stafford is a team first player. He reworked his cap number to 650,000 to help make room to sign other players. (notice i said cap number i understand with bonuses he got more) He will get a big payday if he stays healthy and can produce similiar numbers down the stretch. but i dont see him pulling this fiasco that brees did. Go Leos All Hail MEGATRON

  27. touchdowncolston says: Jul 13, 2012 4:17 PM

    102 passes (25%) completed BEHIND the line of scrimmage last year. (Check the stats whodats). Rodgers and his agent have got to be smiling
    ——————————————————–
    I don’t know where you get this stat from but it’s horribly inaccurate. I’ve watched every game and no way they completed 102 screens.

    Rodgers has the same agent as Drew and Heck I’m smiling he’s gonna rape the packers cap. I also wonder how many tds would Graham Harrell step right in and toss in that system.

  28. vltrophy14 says: Jul 13, 2012 9:11 PM

    Although Rodgers is signed through 2014 next yr Matthews,Raji & Jennings will be FA. Those guys will be ballin this yr b/c it’s a contract yr. Packers should at least give Rodgers another 2M this yr & then sign him to an extension 6 yr contract for about 22M the first yr @ by ur 6 he’d make about 18m which would take him to 2020. He’d be about 36 yrs old have at least 3 SB rings retire & enjoy life

  29. jimthebuilder27 says: Jul 13, 2012 9:22 PM

    Yet another selfish, “What about me” player.

  30. jpspear says: Jul 13, 2012 11:30 PM

    Do some research. Cap number this year is under $11M, so they just picked up $6M. Ticket prices won’t go up because of this, they’ll go up because Benson will want more money. To all those with the highly original “good luck signing free agents”, most of the key players are wrapped up for at least of a couple of years. The big year is 2015 for the salary cap. I’ll take three more years of 13+ wins and playoff runs and a Super Bowl or two followed by a couple of 4-12 years for five years at .500 or so. I’m sure you all know more about the Saints roster/salary cap situation and would be a better NFL GM than Mickey Loomis, but we stuck with him.

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