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Reported Contract Details for Saints’ Drew Brees and Cap Space

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Drew’s cap hit will be 24 Million in 2018.

Divisional Round - New Orleans Saints v Minnesota Vikings Photo by Jamie Squire/Getty Images

According to Field Yates, Drew Brees will have a cap hit of 24 mil in 2018. He gets a 10.5 mil signing bonus, 10.2 mil base, and incentives of up to 3.3 mil. I believe this is the first time I’ve seen incentives in a Brees contract with the Saints. Drew is also set to cost us 33.5 mil against the cap in 2019. We had a little more than 85 mil in cap space for 2019 at current levels, before these signings.

Kurt Coleman’s contract details are also out.

Coleman’s numbers are already include in the NFLPA’s cap figures for today. Drew’s is not. Also included in today’s figures are the savings from Zach Strief retiring.

According to the NFLPA The Saints have $30,573,876 in available cap. Take out Drew’s 24 mil for 2018 and the Saints should have $6,573,876 left roughly, to use in free agency. I use the term roughly because there are conflicting reports according to Spotrac we have 9+ mil in space.

In a side note, Chase Daniel is reported to be signing with the Bears with a 2 year deal.