Breakdown Of $100M Brees Got From Saints
Oct 11, 2014 7:59 AM
It's obvious that Drew Brees will make an average annual salary of $20 million over the life of his five-year, $100 million deal with the Saints.
However, New Orleans structured the deal to give themselves $6 million more in cap space than if Brees had simply signed his franchise tender.
Brees receives a $37 million signing bonus, which is spread over the life of the contract ($7.4 million each year).
The quarterback's base salary in 2012 will be just $3 million.
He'll make $10 million (2013), $11 million (2014), $19 million (2015) and $20 million (2016) total over the final four years of the deal.
With the prorated signing bonus, Brees will carry the following cap hits:
2012 - $10.4 million
2013 - $17.4 million
2014 - $18.4 million
2015 - $26.4 million
2016 - $27.4 million
NFL.com
Tags: New Orleans Saints, Misc Rumor,