(NEW YORK) — After a long negotiation process, the New Orleans Saints have locked up their franchise player. The team has signed quarterback Drew Brees to a five-year, $100 million contract extension.
It gets even better for Brees, he will make $40 million in the first year of the deal, and will receive an NFL-record $60 million in guaranteed money.
“I appreciate the diligence and steadfast efforts by both sides to get this deal done,” Brees told ESPN’s Ed Werder. “I love my organization, team and the city of New Orleans. Thank you especially to (owners) Gayle and Tom Benson for the opportunity. Now I need to go earn it.”
Since Brees joined the Saints in 2006, he’s been one of the most prolific passers in the entire NFL. This past season, he threw for an NFL record 5,476. He also completed 71.2% of his passes and threw 46 touchdowns.
Over the past six seasons, Brees has completed more passes, more yards, and more touchdowns than any other quarterback in the NFL over that time. He also led the Saints to their only Super Bowl title.
Copyright 2012 ABC News Radio
John Newsome and Anne Woolsey, CNN