Saints Slap the Franchise Tag On Drew Brees
(NEW YORK) — Quarterback Drew Brees had a record breaking season for the New Orleans Saints in 2011, and the team is making sure he stays in a Saints uniform. The Saints have placed their exclusive-rights franchise tag on Brees. The two sides were in talks about a new long-term contract, but they were unable to come to an agreement.
If Brees does sign the team’s franchise tender, he would earn about $14.4 million in 2012, which is the average salary for the top-five paid quarterbacks in the NFL. ESPN’s Adam Schefter is reporting that the two sides are around $5 million apart in the first three seasons of the proposal. Schefter also is reporting that Brees is seeking a contract that would average $23 million for the first three years of the proposed new deal.
In 2011 Brees had a season to remember for the Saints. He set NFL single-season records with 468 completions, 5,476 passing yards, and a 71.4 completion percentage.
Because the Saints placed the exclusive franchise tag on him, other teams are not allowed to contact Brees and remains exclusive property of the team.
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