FanPost

I just read Brees wants 25 mil a year.



If this is true than he is in for a long wait. The team can't afford to give one player 20% of the cap. However, the Saints could give him a large signing bonus say in the 70 million range and spread it over a seven year contract. Then could let him buy a piece of the team for say 50 million for whatever percentage of the team value that is. Then he would have the long term security he wants and the team has a long term relationship with a man that will go beyond his playing days.

Let's say a 70 million signing bonus.

1st year 5 million in salary and 2 million in bonuses. That would be 15 million against the cap. Brees would have 77 million in his pocket.

2nd year 5.5 million in salary and 2 million in bonuses. That would be 17.5 million against the cap. Brees now has 84.5 mil in hand.

3rd year 6 million in salary and 2 million in bonuses. That would be 18 million against the cap. Brees would have 92.5 mil in hand.

4th year 6.5 million in salary and 2 million in bonuses. That would be 18.5 million against the cap. Brees would have 101 million in pocket.

5th year 7 million in salary and 2 million in bonuses. That would be 19 million against the cap. Brees would have 110 million in pocket.

Further signing bonus for 20 million, the Saints have the option to pay it or leave it and Brees is a free agent. Contract now at 130 million.

6th year 10 million in salary and 2 million in bonuses. That would be 34 million against the cap. Contract would be at 142 million.

7th year 12 million in salary. That would be 34 million against the cap. Final value of Contract is 154 million.

That is a 154 million over 7 years. After 5 the Saints and a 38 year old Brees can part ways with a 20 million dollar cap hit for the remainder of his signing bonus. Brees would have received 110 over 5 years or about 22 million a year, but because a large part of that money was up front, he would have gotten about 23.2 million in value with a 2.2% inflation rate and 5% return on a 20% of salary investment rate. More if the Saints let him buy in like I suggest. This is a contract that has more value than 25 million a year. It is a life time of security and commitment.

This FanPost was written by a reader and member of Canal Street Chronicles. It does not necessarily reflect the views of CSC and its staff or editors.

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