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Report: Drew Brees, Signs 2-Year, $50M Contract; QB 'Took Less' to Help Saints

Butch Dill/Associated Press

After previously announcing his return to the New Orleans Saints, Drew Brees is officially back with the organization.

Per Ian Rapoport of the NFL Network, the Saints signed their franchise quarterback to a new contract worth $50 million over two years. Rapoport noted Brees "took less to help the team continue to build."

Rapoport reported in January the 19-year veteran wanted to sign a new deal with New Orleans and wouldn't retire even if the team won the Super Bowl.

The Saints' season came to an abrupt end with a 26-20 loss to the Minnesota Vikings in the NFC Wild Card Game.