Friday, July 13, 2012
Saints' Drew Brees Agrees To Five-Year, $100 Million Deal
Rest easy, New Orleans Saints fans: Drew Brees finally has a new contract.
"Deal is Done! Love you, Who Dat Nation. See you soon!" Brees tweeted Friday afternoon.
The record-setting offensive player of the year in 2011 will receive a five-year, $100 million megapact.
ESPN's Chris Mortensen first reported the development.
Brees will average a record $20 million annually -- Peyton Manning's five-year deal with the Denver Broncos averages $19.2 million -- and is also in line for $60 million in guaranteed money, reportedly to be paid out through the 2014 season. The guarantee matches what Detroit Lions WR Calvin Johnson hauled in earlier this offseason when he signed an eight-year, $132 million contract.