Report: At least one other team made Drew Brees a much better offer

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Saints quarterback Drew Brees wanted to stay in New Orleans more than he wanted to maximize his value.

As a result, he took a two-year, $50 million contract that reportedly had just $27 million guaranteed.

How much more could he have made if he tested the market? ESPN reports that at least one other team was willing to give Brees $60 million guaranteed over two years.

In the end, Brees decided he wanted to put the Saints in the best position to win. That meant leaving them with enough cap space to fortify the roster around him. And it meant taking a lot less money from the Saints than he would have made if he had waited for free agency to start tomorrow, and signed with the team willing to pay him the most.

31 responses to “Report: At least one other team made Drew Brees a much better offer

  1. chickensalad43 says:
    March 13, 2018 at 2:02 pm
    5-10 years from now, I think he may regret taking $27 million guaranteed over $60. That’s just me.
    —-

    Not if it meant going to a team with no chance to win, like Cleveland or the jets, or to a farm league team like the Vikings.

  2. I think this deflates that notion that Brees is “greedy” and “selfish” at least in this instance. He’s loyal to New Orleans and doesn’t really care if he gets less than if some other team offers more.

  3. Here’s a wild thought: what about Dallas? It’s close to New Orleans…

    Indoor stadium.

    Potential to improve a team and get them to the playoffs.

  4. chickensalad43 says:
    March 13, 2018 at 2:02 pm
    5-10 years from now, I think he may regret taking $27 million guaranteed over $60. That’s just me.
    —-

    Not if it meant going to a team with no chance to win, like Cleveland or the jets, or to a farm league team like the Vikings.

    It shouldn’t matter if it’s Cleveland. He just left $33 million on the table for a slightly better chance at a title. $33 million he and his family will never see again.

    But yeah, queue the predictable “he’s already rich” argument from sports fans.

  5. Not if it meant going to a team with no chance to win, like Cleveland or the jets, or to a farm league team like the Vikings.
    ******************************************************************************************
    That beat the Saints twice and the Packers twice…

  6. Well, this puts him well over $200 million for his career. Unless he has a serious gambling problem, or has had over 770 affairs for which he’s had to pay $130,000 for each in ‘hush money’, don’t think Mr. Brees will need food stamps at any point for the rest of his life.

  7. Regret taking 27 million? On top of the millions he’s already made, not including endorsements etc. On top of all that he’s probably very smart with his money. regrets? I doubt it…

  8. … Yeah , gotta be tough to survive on just 27 Million … smh
    =====

    Right.

    Like you’d take 25% less if a competitor were offering you more…..

  9. Good for him. He’s made beaucoup bucks over his career, much of it with the Saints. If GB isn’t in the running for the NFC Champsionship, I hope NO takes it. He probably left them enough money to reunite with Graham. Glad he won’t be in the NFC North.

  10. packerbackersince71 says:
    March 13, 2018 at 2:06 pm
    … Yeah , gotta be tough to survive on just 27 Million … smh
    ———————–
    so what exactly will be your comment when Aaron Rodgers signs for at least $30m in the next 7 days? will you still be smh’ing?

  11. It could only be the Vikings. Only team that needs a QB that ‘might’ get them to the SB with him. I personally thought the Saints would lose to the Patriots in the SB when the playoffs started. Saints might be a better team. Might not.

    Wasn’t the Jets. Jets have no chance for the next two years to even get to 500. They’d have to give him one of the Band Aid factories to sign him.

    Cardinals: Also no way. They are in a semi-rebuild situation ( or just not that good right now) and 2 years with Brees would do nothing but pad Fitzgerald’s stats. McCarron is in play here.

    Wasn’t Buffalo. They just traded up to take what’s left over or trade up again. I think they might be in play for McCarron and if they get him, then not trade up.

    Cousins down to the Vikings and the Jets.
    McCarron down to the Cardinals and the Bills

    Can’t see any other teams that would pay Cousins or hand the job to McCarron.

    PS: The perfect landing spots for Alex Smith were the Broncos or the Vikings. Chiefs were smart to send Smith to a team that they will never face when it’s on the line.

  12. Forgot about McCown. Jets would be STUPID not to sign him. Then pick the QB left over at the top of round 1. Put Hackenberg on the practice squad and cut Petty.

    Or McCarron. But again, if they pick in round 1, do they really want to pay him 18mil? I think the Cardinals or the Bills will pay him that. Not the Jets when they have a coach on the field in McCown who will not look over his shoulder but welcome the guy as opposed to who knows what McCarron might do. I think his wife might like the NY, though.

  13. Oh Drew! You’re such a hero!
    ============================
    But I guess Brady is right. Biased much?

  14. The highest tax income rate in Louisiana is 6%. The highest income tax rate in Minnesota is 9.85%.

    He would pay $5,910,000 in taxes on a $60 million dollar salary in Minnesota.
    He would pay $3,000,000 in taxes on a $50 million dollar salary in Louisiana.

    $60,000,000 – $5,910,000 in taxes = $54,090,000 in Minnesota after taxes.
    $50,000,000 – $3,000,000 in taxes = $47,000,000 in Louisiana after taxes.

    Basically, he left $7,000,000 on the table. Still a lot, but not as much as it looks when only considering the raw numbers of $50 mill vs $60 mil.

  15. Almost certainly was the Vikings. I think he would have gone for it had the Saints not showed so much promise last season. If the 2017 Saints were another 8-8 no defense squad I think he’s wearing purple.

    Minnesota also has a reciprocity provision in their state taxes where Brees would have paid based on Louisiana rates provided he kept his house there. Cousins will benefit from paying 4.25% MI taxes while with the Vikes.

  16. We can all joke about the “hardship” of settling for just $27 million, but few people would take less than half what they could get elsewhere. It was a wise decision, though. Chasing the money on the downside of a career rarely seems to work out, especially for quarterbacks. Brees wants to finish as a Saint. If he’s managed his money as well as he has his career, he’ll have no worries when he hangs it up.

  17. OK, let’s shine the light of day on pure ignorance. To all those who accuse any player, CEO, or Celebrity of being greedy, you’re telling the world that you’re either 1) jealous 2) an idiot, and/or 3) a hypocrite. By criticizing those big contracts, you’re admitting that if you had talent, you wouldn’t take the most money you could possibly get. Bullspit! You’re talentless, so you’ll never have that opportunity. You’re bitter because you’re talentless, so you judge those with talent, showing your jealousy. Your an idiot for showing your jealousy. And you’re a hypocrite because you know you’d get all you could possibly squeeze out. Crawl back under your rock.

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