Drew Brees, Saints Agree To Big Extension With $44.25 Million Guaranteed

Drew Brees and the New Orleans Saints have agreed to an extension which will keep the 37-year-old quarterback in the Big Easy through at least 2017. The new deal will make him the second-highest paid player in the NFL annually.

Saints QB Drew Brees' new deal has voidable years, with $44.25 million due over the next two, fully guaranteed. He'll be 39 when it's up.
— Albert Breer (@AlbertBreer) September 7, 2016

Drew Brees' deal really is a one-year, $24.25 million extension, which gives it the second highest APY behind Andrew Luck's.
— Albert Breer (@AlbertBreer) September 7, 2016

On paper, the deal is actually a five-year pact, but since it can be voided after two seasons, those extra years are essentially meaningless. The first two years and the $44.25 million are all that is fully guaranteed.

Brees is a nine-time Pro Bowler, a three-time First-team All-Pro and led the Saints to their only Super Bowl title in 2010. He is coming off a season in which he threw for 4,870 yards, with 32 touchdowns and just 11 interceptions. He also completed 68.3 percent of his passes and posted a passer rating of 101.0 and a Total QBR of 75.5. He was excellent despite the Saints limping to a second consecutive 7-9 record.