Brees, Saints strike deal

Finally, QB Drew Brees and the New Orleans Saints struck a deal. Here is the official report from NFL.com.

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Drew Brees and the New Orleans Saints agreed on a five-year, $100 million contract, NFL Network's Michael Lombardi reported Friday.

Brees' contract is worth $40 million in the first year and includes $60 million in guaranteed money, a source with direct knowledge of the situation told Lombardi and NFL.com's Albert Breer.

The quarterback's new deal is worth an average of $20 million per year, making it the richest in the NFL based on average annual salary, and includes a $37 million signing bonus. With the bonuses counting against the cap on a pro-rated basis over the life of the contract -- $7.4 million per year in Brees' case -- he will only count $10.4 million against the cap in 2012.

Greg Bensel, the Saints vice president of communications, confirmed the deal later Friday 

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This is obviously a deal that had to get done for the long-term future of the squad. Brees, 33, certainly has several good seasons left in him, and the Saints want to return to the summit of the NFL. This is how they start getting there, by locking up their big-time QB. 



Brees to T.O.?

New Orleans Saints quarterback Drew Brees has been tossing a few passes to one of the NFL's best all-time receivers.

Check this out from the league's Gregg Rosenthal:

The recent developments in Terrell Owens' life have been depressing rather than entertaining. But the NFL's second-leading receiver in career touchdowns isn't giving up hope of getting a job.

He even has a few high-profile quarterbacks trying to help him.There is so much to love about this information. First are the panicked New Orleans Saints fans who will read some "Brees-to-Owens" headlines somewhere. (And their fears Owens will convert Drew Brees to the dark side.) And then there is the Kyle Boller connection.

Way back in 2004, the San Francisco 49ers tried to trade Owens to the Baltimore Ravens. But he helped to scuttle an agreed-upon deal with the help of an arbitrator in part because they didn't have a good starting quarterback. Their quarterback at the time: Kyle Boller. Now Owens and Boller are working together, hoping for one last gig.

UPDATE: It appears that Chase DanielSean Canfield and Darren Sproles also got in on the action. After the sesssion Daniel tweeted "Great throwing session w @DrewBrees C. Palmer, Boller, Canfield, @DarrenSproles today! @TerrellOwens even joined n on fun! Thumb is good!" 

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Now, will someone give Owens a chance? I don't see the Saints doing so, as they have plenty of wide receiver options. Which NFL team would be the best fit?

I got Atlanta. Give the guy a one-year deal. The team can't seem to get over the hunt, maybe a chance of scenario will do it for the former 49er. Thoughts?



Drew Brees staying busy

From the NFL.com, it looks like during his contract situation, Drew Brees isn't just doing nothing. 

Check this out:

We all know Drew Brees has spent the spring away from New Orleans Saints teammates, but that doesn't mean he's locked away in storage somewhere.

The man is up to something ... but what? We now know snagging horses from prominent Los Angeles Lakers takes up at least some of his time.

Kobe Bryant and Lakers teammate Pau Gasol entered the weekend among the owners of a 4-year-old gelding named Siempre Mio that raced Sunday at Betfair Hollywood Park in Los Angeles. Upon crossing the finish line in second place, Brees and his partners claimed the horse as their own.

This is all a bit confusing, we know. Let's tag in The Associated Press for some background:

In US horse racing, a great number of races are called claiming races. That means any horse entered can be "claimed" at the designated price for the race. It's a way of evening out the competition so that horses worth $100,000 aren't overwhelming less-talented stock worth $10,000 or so. It keeps the races, and the betting, competitive.

Brees and his partners in Donkey Island Racing claimed Siempre Mio for $12,500. It sounds like a pretty smart business move by the Donkey Island folk, considering Bryant and Gasol each forked over $8,000 for a quarter share of Siempre Mio.

In summation, a racehorse that began the day the property of the 2008 NBA MVP ended it as the property of the 2009 NFL MVP. Of course, the horse doesn't realize any of this because, well, he's a horse.

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This essentially sums up what is going on with Brees. Away from New Orleans, doing his own thing until everything is handled. Interesting to see his interest in horse racing though. 

Now, while Brees may be cashing in from time to time with horse racing, he is still waiting to hit big, but not at the track.

Paging Tom Benson...