This weekend has produced the highest NFL contract since the beginnings of professional football. Drew Brees, the man who has just broken Dan Marino's single season passing yardage record, was handed his 5-years $ 100 million contract by the New Orleans Saints.
While this move is not only record setting in terms of per year salary, it is also a significant move for the New Orleans franchise. The organization which was hit hard by the harsh penalties following the still evolving "bounty-gate scandal" had the first positive news since the end of last season. They signed the most productive and successful Quarterback in franchise history for a long-term deal and sent a message to the whole league that they want to be contenders in the future.
In terms of economics it is amazing to give a 32 year old QB such a huge contract, including $ 60 million of guaranteed money. Remember: Before coming to the Saints Brees had a significant, career-threatening shoulder injury, and he is not exactly young either. When the full 5 years of this contract are played out, he will be around 37, which is very old for an NFL QB. My guess is that this contract either makes the Saints look extremely smart over the next few seasons, or it will pretty much end the feel-good-story in the Big Easy.
Anyway: i think it is just appropriate to congratulate Brees and I wish him all the best for the next five years at least.
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