Saints Agree Record Breaking Deal With Brees

by Dugald Skene

Yet another sign of the burgeoning financial might of the NFL came to light last Friday as it was revealed by the New Orleans Saints they have finally met starting quarterback Drew Brees' wage demands, settling on a five year deal worth an average of $20 million a year.

This new deal represents the highest average wage payments to any player in the history of the game, beating the Indianapolis Colts who paid former star quarterback Peyton Manning an average $19 million a year.

Drew Brees has signed a record deal with the New Orleans Saints

The Saints have likely had to reorganise their finances to accommodate Brees' new wage agreement in order to keep to the $120.6 million salary cap. It means that one player will command 1/6 of the total available funds available for team wages. Of the $100 million, 5 year deal, $60 million is guaranteed, with $40 million of that due to Brees in the first year of the contract. This is an unprecedented payment to any player, and has shocked many in the game. The reason the Saints can do this is that they are allowed to spread the signing on fee of $40 million over multiple years, meaning that it'll likely only cost them around $10 million a year.

Brees, who broke the all time league record for passing yards last season, is by far and away the Saints MVP, with the franchise revolving around him. With all the scandal surrounding the Saints in the past few months with 'bountygate' and the subsequent suspensions, most notably of head coach Sean Payton, the talismanic Brees has become more and more the club's figurehead and face of the franchise.

In short, Brees could name his price and has waited more months than many feel was necessary for the Saints to agree his sum. Many fans have turned against Brees for his belligerence during the negotiations and some of his comments aimed at the organistation, but more have criticised the Saints for not settling sooner, particularly given the negative headlines of late. I don't think anyone can grudge Brees the deal, he has helped make the franchise the perennial Superbowl competitors they are and deserves to be rewarded.

Now that terms have finally been settled, attention for Saints fans now turns to pre season as the players head to camp for July 24th.  They will all be hoping that the Saints ship has now been stabilised and the team can look forward to another push for the playoffs in 2012.