Saints free up 2.6 million dollars by restructuring Drew Brees contract
Today the New Orleans Saints restructured the contract of quarterback Drew Brees, but they may have just shot themselves in the foot to keep him long term.
Field Yates of ESPN reports that the New Orleans Saints restructured the contract of QB Drew Brees and in turn created $2.6 million in available cap space. According to Yates, the Saints turned $5.2 million of Brees’ base salary into a signing bonus to accomplish this.
However, this pushes Brees’ 2016 cap figure up to a staggering $30 million, which will be very difficult to keep him next year. The Saints may need to try to deal Brees by next season or release him.
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