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The New Orleans Saints agreed to a two-year, $50 million deal with quarterback Drew Brees, keeping the 19-year veteran in town for two more seasons.
The 41-year-old, who led the league with a 74.3 percent completion rate in 2019, is worth far more on the free-agent market. However, Brees intended to sign back with New Orleans on a team-friendly deal, which pleased general manager Mickey Loomis.
"We needed to know what Drew was going to count on our (salary) cap this year, what resources are we using because then that gives us the ability to do some other things,"Loomis said on the New Orleans Saints Podcast (h/t Jeremy Bergman of NFL.