Drew Brees has agreed to reduce his 2021 salary from $25 million to the veterans minimum of $1.075 million, which is another indication he will likely retire this offseason.
Brees has not yet announced whether he officially plans to retire.
Sean Payton expects an announcement on the future plans of Brees within a week or two.
Brees will count just $12.225 million against the cap until June 1 -- which would be reduced to $11.15 million after he officially retires.