PRINT SCHEDULES BASKETBALL | HOCKEY
Refresh  
  Page last updated on Tue Mar 03 13:46:57 EST 2015
TOP NEWS
SAINTS’ QB DREW BREES AGREES TO RECORD CONTRACT
Tue, 17 Jul 2012 02:26 AM EDT

Drew Brees and the Saints have reached a contract on a 5-year, $100 million deal that includes a 1st-year take in 2012 of $40 million, according to league, players’ union and team sources.

For all practical purposes, the assured money is considered by everyone involved to be an NFL-record $60 million, though there are contractual, but unlikely, outs for the Saints before he would receive that entire sum.

The accord was struck in the newest round of talks between Saints GM Mickey Loomis and Brees’ agent, Tom Condon.

“I appreciate the diligence and loyal efforts from both sides to get this deal done,” Brees announced. “I love my organization, team and the city of New Orleans. Thanks particularly to (owners) Gayle and Tom Benson for the chance. Now I need to go earn it.”

Brees’s 2012 salary of $40 million is fully warranted, breaking down as $37 million in bonus and $3 million in income. The contract carries a $10.4 million cap hit.

“Congratulations are in order for our organization, our city, Drew and Brittany and definitely for Mickey Loomis and his staff for all the hard work put in to make this achievable,” Benson recounted in a statement. “Now we must turn our focus to getting ready for the start of training camp and to keeping with our goal of being the 1st team in NFL history to host and play in a Super Bowl.”

In 2013, the Saints will have a 3-day window to allow him to go after the waiver period begins (5 days after the Super Bowl); if not, Brees gets another $15 million of fully guaranteed earnings, bringing his 2 year total to $55 million.

In 2014, the same 3-day waiver scenario is in place before Brees is fully guaranteed another $5 million, with an additional $1 million in income. Under the presumption Brees is the team’s QB for the subsequent 3 years, he would make $61 million during that stretch, with $60 million fully warranted, the highest assured total for an NFL player. Calvin Johnson’s deal with the Lions, signed early on in the year, was at first reported to guarantee $60 million, but another look found it was completely guaranteed for $48.75 million.

While the waiver window gives the Saints an out, both the league and union view the $60 million as “guaranteed” thanks to the intense unlikelihood the Saints would want to have paid Brees $40 million for 1 year or $55 million for 2 years. NFL betting lines

The remaining $39 million to be earned in 2015 and 2016 is subject to the same waiver formula, bringing the potential grand total to $100 million over 5 years. No player in NFL history has averaged $20 million every year. Peyton Manning’s deal with Denver averages a little bit more than $19 million; Tom Brady’s contract with New England Patriots pays him a median of $18 million per season.

Brees must still take a physical and sign the contract, which is considered a mere formality.


Sponsored Links

Download Printable Schedules
Now you can download and print schedules for each sport so you can plan ahead and track your results.
UPDATED:
BASKETBALL 2/10/2015 - 3/9/2015
1/13/2015 - 2/8/2015
HOCKEY 2/10/2015 - 3/9/2015
1/13/2015 - 2/8/2015
TOP TEN WAGERS
RK Team
1
North Carolina
2
Los Angeles Lakers
3
Kentucky
4
North Carolina
5
Denver Nuggets
03/03/2015
WTA - Monterrey, MexicoWICKMAYER, YANINA vs. BACSINSZKY, TIMEA09:00 AM PST
WTA - Monterrey, MexicoSANCHEZ, ANA SOFIA vs. HERCOG, POLONA10:15 AM PST
WTA - Monterrey, MexicoLarsson, Johanna vs. Bertens, Kiki10:15 AM PST
WTA - Monterrey, MexicoZVONAREVA, VERA vs. RISKE, ALISON12:45 PM PST
NHLPREDATORS at DEVILS4:00 PM PST
NHLFLAMES at FLYERS4:00 PM PST
NHLCAPITALS at BLUE JACKETS4:00 PM PST
NBALA Lakers vs Charlotte4:05 PM PST
NBABoston vs Cleveland4:05 PM PST
NBASacramento vs NY Knicks4:05 PM PST
NHLSABRES at LIGHTNING4:30 PM PST
NHLMAPLE LEAFS at PANTHERS4:30 PM PST
NBAHouston vs Atlanta4:35 PM PST
2015 World CupUNITED ARAB EMIRATES at PAKISTAN5:00 PM PST
NHLSENATORS at WILD5:00 PM PST
NBAUtah vs Memphis5:05 PM PST
NBAWashington vs Chicago5:05 PM PST
NHLISLANDERS at STARS5:30 PM PST
NHLDUCKS at COYOTES6:00 PM PST
NBAMilwaukee vs Denver6:05 PM PST
NHLKINGS at OILERS6:30 PM PST
NHLSHARKS at CANUCKS7:00 PM PST
2015 World CupAFGHANISTAN at AUSTRALIA10:30 PM PST
03/04/2015
2015 World CupSCOTLAND at BANGLADESH2:00 PM PST
NBANew York Knicks vs Indiana Pacers4:05 PM PST
NBAPhoenix Suns vs Orlando Magic4:05 PM PST
NHLOTTAWA at WINNIPEG4:30 PM PST
NBACleveland Cavaliers vs Toronto Raptors4:35 PM PST
NBACharlotte Hornets vs Brooklyn Nets4:35 PM PST
NBAUtah Jazz vs Boston Celtics4:35 PM PST
NHLNY RANGERS at DETROIT5:00 PM PST
NBAPhiladelphia 76ers vs Oklahoma City Thunder5:05 PM PST
NBADenver Nuggets vs Minnesota Timberwolves5:05 PM PST
NBADetroit Pistons vs New Orleans Pelicans5:05 PM PST
NBAMemphis Grizzlies vs Houston Rockets5:05 PM PST
NBALos Angeles Lakers vs Miami Heat5:05 PM PST
NBASacramento Kings vs San Antonio Spurs5:35 PM PST
NHLPITTSBURGH at COLORADO7:00 PM PST
NHLMONTREAL at ANAHEIM7:00 PM PST
NBAPortland Trail Blazers vs Los Angeles Clippers7:35 PM PST
NBAMilwaukee Bucks vs Golden State Warriors7:35 PM PST
03/05/2015
NHLCALGARY at BOSTON4:00 PM PST
NHLST. LOUIS at PHILADELPHIA4:00 PM PST
NHLMINNESOTA at WASHINGTON4:00 PM PST
NHLTORONTO at TAMPA BAY4:30 PM PST
NHLDALLAS at FLORIDA4:30 PM PST
NHLNY ISLANDERS at NASHVILLE5:00 PM PST
NHLVANCOUVER at ARIZONA6:00 PM PST
NHLVANCOUVER at ARIZONA6:00 PM PST
NHLMONTREAL at LA KINGS7:30 PM PST
2015 World CupWEST INDIES at INDIA10:30 PM PST
03/06/2015
NHLCOLUMBUS at NJ DEVILS4:00 PM PST
NHLMINNESOTA at CAROLINA4:00 PM PST
NHLBUFFALO at OTTAWA4:30 PM PST
NHLCALGARY at DETROIT4:30 PM PST
2015 World CupPAKISTAN at SOUTH AFRICA5:00 PM PST
NHLEDMONTON at CHICAGO5:30 PM PST
NHLPITTSBURGH at ANAHEIM7:00 PM PST
2015 World CupIRELAND at ZIMBABWE7:30 PM PST
03/07/2015
NHLPHILADELPHIA at BOSTON10:00 AM PST
2015 World CupAFGHANISTAN at NEW ZEALAND2:00 PM PST
NHLST. LOUIS at TORONTO4:00 PM PST
NHLDALLAS at TAMPA BAY4:00 PM PST
NHLNY ISLANDERS at FLORIDA4:00 PM PST
NHLBUFFALO at WASHINGTON4:00 PM PST
NHLCOLORADO at COLUMBUS4:00 PM PST
NHLWINNIPEG at NASHVILLE4:00 PM PST
NHLMONTREAL at ARIZONA4:00 PM PST
NHLPITTSBURGH at LA KINGS7:00 PM PST
NHLVANCOUVER at SJ SHARKS7:00 PM PST
2015 World CupSRI LANKA at AUSTRALIA7:30 PM PST
03/08/2015
NHLDETROIT at BOSTON10:30 AM PST
NHLEDMONTON at CAROLINA12:00 PM PST
NHLPHILADELPHIA at NJ DEVILS2:00 PM PST
NHLCOLORADO at MINNESOTA3:00 PM PST
NHLCALGARY at OTTAWA4:00 PM PST
NHLNY RANGERS at CHICAGO4:30 PM PST
2015 World CupBANGLADESH at ENGLAND9:00 PM PST

x