Drew Brees Contract

Last Modified Oct 18, 2024 11:57 GMT
Denver Broncos v New Orleans Saints
Drew Brees

Drew Brees is a former American Football Player who last played for the New Orleans Saints in the National Football League (NFL). Brees who was the no. 32 pick in the 2001 NFL Draft, is among the select few quarterbacks who have started in their 40s in the history of the NFL. He was drafted by the San Diego Chargers (Los Angeles Chargers). Brees set the records in passing yards (78,422) and touchdowns (555), which were later broken by Tom Brady. Brees led the NFL in passing yards seven times and TD passes four times. Following his retirement, Brees joined NBC Sports as a game analyst on the Notre Dame broadcasts of the network, on Saturdays and then on Sundays, as a studio analyst for NBC's "Football Night in America”. He left NBC after May 15th, 2022.

Brees used to play baseball, basketball, and football during high school and secured a record-breaking win for his high school football team, the Austin Westlakes followed by a state championship. He was named amongst the Top 5 Most Valuable Offensive Players in Texas high schools. After finishing his secondary education, Brees committed to Purdue University where he played for the Purdue Boilermakers for four years from 1997-2000. As a Boilermaker, Drew etched his name into the Big Ten Conference and Purdue University record books. The XLIV Super Bowl champion was inducted into the New Orleans Saints Hall of Fame on October 17th, 2024.

What is Drew Brees’ current contract?

Drew Brees’ Last NFL Contract

On March 17, 2020, Drew Brees signed a two-year contract worth $50 million to keep him with the Saints through the 2021 season. As part of that contract, Brees received a $23 million signing bonus. However, Brees’ contract was not as simple as just a two-year deal worth $50 million.

The 2021 season was set to be the final year of Drew Brees’ contract. However, for salary cap purposes, the contract affected the Saints until the 2023 season. The Saints included two “void” years at the end of Brees’ deal. This allowed the Saints to spread that $23 million signing bonus across four years on their cap.

2020 - 2021 Saints Contract

YearContract TermsAverage SalarySigning BonusGuaranteed at SignTotal Guaranteed
2020 - 20212 yr(s) / $50,000,000$25,000,000N/A$25,000,000$25,000,000

According to Spotrac, Brees' last contract saw him earn $25 million annually with $25 million all guaranteed at the time of signing. The total guaranteed was the same as he received at the time of signing.

Drew Brees’ Career Earnings

According to Spotrac, Drew Brees has accumulated 269.7 million through various NFL contracts as of 2024.

Drew Brees Contract History

TeamYearContractSalarySigning BonusGuaranteed
San Diego Chargers2001Drafted$901,250$1,845,000$1,845,000
San Diego Chargers2005Franchise$8,078,000__
New Orleans Saints2006Unrestricted Free Agent$10,000,000$8,000,000$20,000,000
New Orleans Saints2012Franchise$20,000,000$37,000,000$40,000,000
New Orleans Saints2016Extension$24,250,000$30,000,000$24,250,000
New Orleans Saints2018Unrestricted Free Agent$25,000,00013,500,000$27,000,000
New Orleans Saints2020Unrestricted Free Agent$25,000,000_$25,000,000

Also Read: All About Drew brees' wife, Brittany Brees

What is Drew Brees' Net Worth?

According to Celebrity Net Worth, Drew Brees retired with a net worth of around $160 Million.

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FAQs

A. Drew Brees played 20 seasons in the NFL with the Chargers and the Saints. 

A. Drew Bress played for only two teams in his career: the San Diego Chargers (now Los Angeles Chargers) and the New Orleans Saints.

A. Drew Brees decided to retire from the NFL on March 14, 2021.

A. As of 2024, Brees is not yet enshrined in the Pro Football Hall of Fame as he cannot be eligible before 2026. 

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