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Report: Saints, Drew Brees close to new deal

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Are the Saints and Drew Brees close to a new contract? Two reports say yes.

NFL: Preaseason-Pittsburgh Steelers at New Orleans Saints Derick E. Hingle-USA TODAY Sports

According to a Tuesday night report by Pro Football Talk, the New Orleans Saints and Drew Brees are close to a new deal. The report was also confirmed by ESPN’s Ed Werder, who said the parties involved were ‘relatively close’ and that it ‘looks like something could get done’.

It’s been a very emotional rollercoaster for all parties involved, as multiple reports and theories have presented themselves as to what a new deal for the 37-year-old quarterback would look like. Brees made it clear months ago on his stance that a deal needed to get done prior to the team’s first regular season, but agent Tom Condon and general manager Mickey Loomis hit a stalemate and reportedly didn’t speak for months.

Per reports, a new Brees deal could be in the vicinity of a 4-year, $100 million contract. The guaranteed money could be well into the 75 percent range or higher.

Stay tuned, as we’ll continue to bring you the very latest from ‘Brees watch’.