The Facts:
Following up on the
ongoing story. ... The Saints and Brees are millions of dollars apart on a new contract as the Monday franchise tag deadline draws near, sources tell ESPN NFL Insider Adam Schefter. Brees is seeking a contract that averages $23 million per season for the first three years of his deal, sources told Schefter. But the Saints are offering Brees a five-year contract that averages $18 million a year, sources told Schefter.
Reported by ESPN.com
Fantasy Football Diehards Line:
Schefter's latest confirms previous reporting to Yahoo! Sports' Jason Cole indicating the two sides, both of which believe they are making a fair offer, are facing
a gap of $5 million per season for the first three seasons of the proposal. ... Brees' proposal is about the same amount Peyton Manning's Colts contract averages the first three seasons. The Saints counterproposal is close to the average that Manning and New England's Tom Brady are due to earn over the life of their deals. Brady's contract averages $18 million in the first three years, like the Saints' current offer to Brees. If the two sides cannot make considerable progress from where they are now, the Saints will be forced to use their franchise tag on Brees by the Monday deadline. Brees has said he is confident a deal will get done by the deadline. ... We'll see.
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