Saints GM plans to offer Drew Brees contract extension
New Orleans Saints general manager Mickey Loomis said on SiriusXM NFL Radio on Tuesday that the team plans to offer quarterback Drew Brees a contract extension.
“We want Drew to be our quarterback this year, next year and the foreseeable future,” Loomis said. “I know he feels like he’s got more years left in him. I would say we feel that way as well. We’ll get that worked out in a way that helps our team and obviously fits in with what he wants to do.”
Loomis said he has spoken to Brees about an extension, but negotiations with his agent Tom Condon have not yet begun.
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The five-year, $100 million contract Brees signed in 2012 is set to expire after the coming season, and his $30 million hit to the Saints’ salary cap is the highest in the NFL. Working out a contract extension could ease that hit, though Loomis said reaching a deal wasn’t “mandatory” before next month’s free-agent signing period begins.
New Orleans is likely to meet or exceed the projected $152 million and $155 million salary cap limit, though ESPN’s Field Yates reported Wednesday that the Saints changed defensive end Cameron Jordan’s $6 million roster bonus to a signing bonus, creating $4.8 million in cap space.
In December, Brees expressed confidence that he would return to the team he has played with for the past 10 years, despite the Saints’ disappointing 7–9 finish to the season.
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