Saints have a $21.3 million cap charge looming for Drew Brees

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The Saints will see the $13.5 million in dead money that the Patriots will carry for Tom Brady in 2020 and raise it by $7.8 million.

Tom Curran’s story of the dead money attached to Tom Brady’s soon-to-be-voiding contract conjured memories of the cap mess to be created by Drew Brees in New Orleans. As explained last March, a restructuring that dropped his cap number for 2019 from $33.5 million to $22.7 million pushed the total for 2020 to be carried in Brees’ name to $21.3 million, whether he’s on the team or not.

And if he’s on the team, a new contract will have to both pay Brees and account for the dead money.

The Saints have been down this road before. Two years ago, Brees had $18 million in dead money that needed to be engineered via his new deal. Eventually, Brees signed a two-year, $50 million deal to stay with the Saints.

Regardless of what happens next, the Saints at some point will have to bite the Brees bullet when he makes his exit, taking the cap charge for millions previously paid to Brees. Fortunately for the Saints, the cap keeps going up and up and up, and it could skyrocket if/when the league and the NFL Players Association reach a new labor deal, followed by a new round of TV contracts.

30 responses to “Saints have a $21.3 million cap charge looming for Drew Brees

  1. whatjusthapped says:
    January 9, 2020 at 6:33 pm
    That’s a bargain compared to what the Vikings pay Cousins

    Didn’t cousins just beat Bree’s in his own stadium?

  2. Like I said with Tom Brady, he’s not bad but it’s time to move on. He can’t move, he’s 40, there’s a ton of young talented Qbs in this draft. Getting tired of these old guy’s hanging on for eternity.

  3. Before anyone gets on here trolling fans saying how greedy and selfish Brees is, let me say this. The Saints have a self inflicted cap issue.
    After the 2009 Superbowl, ego not sense drove drafting, consequently most of their picks over a 6 year span did not make the team. This resulted in attempts to close the gap with big FA signings, which again tended to not work out.
    Now with no draft picks and no cap space due to FA busts the Saints had to turn to Brees to push money into the future. And did that over multiple years.
    The best solution for the Saints is to Draft a QB (low cap charge), sign Brees for one more year and eat it in 2021. Because that stellar draft class is about to come due to get paid. Lattimore, Ramczyk, Kamara, Williams and the rest just can’t all fit.

  4. Wonderful regular season quarterback. Coach Payton also reminds me of Tony Dungy.. two good regular season coaches..

  5. Brees and adding to that list – Roethlisberger, Manning, Rivers, ALL NEED TO MOVE ON… They are holding their teams hostage with huge salaries, sense of entitlement, stat-padding, etc. You had your day, time to step aside because none of them will ever see a super bowl again, unless someone takes them. Only the QB position will allow this non-sense. Playing way past your prime while getting rewarded with fresh, new contracts. Everybody else gets (mercifully) released.

  6. Brees didn’t “create” this dead money – the Saints front office did, by pushing their roster to be more competitive with signings and thus needing the extra space given temporarily by a Brees contract restructure. A team either needs to be more fiscally responsible in the present – and sacrifice some upside for that present team – or else it can sacrifice some of the future. Pick one. Some of the recent Saints success is BECAUSE of this restructuring, so it’s only fair that the Saints now pay the bill.

  7. Brees will want probably want $40M per year wherever he goes and for that they’ll get a QB who loves to give the ball to the other team in playoff games. He single-handedly cost the Saints the game against the Vikings. Any team that signs him better put an incentive clause for him not to play like Jamarcus Russell in any playoff games.

  8. whatjusthapped says:
    January 9, 2020 at 6:33 pm

    That’s a bargain compared to what the Vikings pay Cousins.

    ÷÷÷÷÷÷÷

    No matter the topic, Packer fans just can’t stop thinking about the Vikings. And they always try to say the Bears are their #1 rival. Yeah, right.

  9. Where is the problem? If Brees wants to stay, pay the man. That team is only good with him. Once he’s too old and feeble, bite the bullet, rebuild, get draft choices, and then use whomever you have under contract that can play QB. Might not be pretty, but Teddy can play and so can T Hill. The New Orleans’ Cupcakes’ best chance to win right now is with Brees. He can take them into the playoffs again and their fans can invent something to cry about when the Cupcakes go down.

  10. That’s a drop in the bucket when compared to Rodgers, Jimmy G, Wilson, Wentz, Cousins and a few others who have accomplished a whole lot less!

  11. 3 straight losses in the playoffs which denied the Saints a trip to the Superbowl. Gotta take the heat for not scoring enough points to make up for the sub par defense if you’re gonna enjoy the praise when they win, so with that being said time to move on from Dome boy

  12. All the QBs who are getting more are also younger and have a shelf life. Brees Manning Brady are old. They have nothing more to give.

  13. Simply amazing to think the cap could skyrocket with a new labor deal. I’m not sure TV can afford it. Will be interesting to see play out. Sooner or later the NFL is going to peak out money wise.

  14. Brees has had 3 excellent seasons in a row
    2018 PFF #1 QB 94.6 over Mahomes
    2019 tied for #2 with Russell Wilson 91.6
    Cousins didnt beat Brees, the Vikings Beat the Saints.
    Breed is obviously one of the Top NFL QB,
    Having one is very rare… Thats why the Saints will keep him, plus im sure Brees wants to stay and finish the job

  15. tahnoonzee says:
    January 9, 2020 at 6:31 pm
    Brees can come back to the Chargers…to where he first started his NFL career.

    ——–

    He might’ve done that if the Chargers were still in SD, where he played. No way he plays for the LA Chargers.

  16. Taysom Hill can certainly get the job done. But, didn’t Brees complete 29 out of 30 in a prime time game this year? Maybe use Hill more and don’t let Brees break down at the end of the year.

  17. jkb0162 says:
    January 9, 2020 at 6:50 pm
    Like I said with Tom Brady, he’s not bad but it’s time to move on. He can’t move, he’s 40, there’s a ton of young talented Qbs in this draft. Getting tired of these old guy’s hanging on for eternity.

    But if your a team that’s ready now wouldn’t it be nice to have Brees or Brady and also wouldn’t it be nice to have Brees or Brady then Draft a QB.Have him sit on bench for a year or two instead of throwing him to wolves just like how Patrick Mahomes Brady and Rodgers sat on the bench and learned.

  18. whatjusthapped says:
    January 9, 2020 at 6:33 pm
    That’s a bargain compared to what the Vikings pay Cousins.
    $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

    Oh yeah? Well which QB made the clutch throws to win the game and keep his team moving on. And which QB has his going home to watch the rest of the playoffs on TV?

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