Drew Brees

Report: Drew Brees, Saints close to agreement on short-term extension

Published Nov. 15, 2016 2:21 p.m. ET

Dan Graf

Quarterback Drew Brees had given the New Orleans Saints a start-of-the-season deadline to agree to a contract extension before he enters the final year of his deal, and it appears the team is ready to beat that.

Saints and Drew Brees expect to reach agreement on short-term contract extension by the end of the day, per... https://t.co/J0L4ifx09G
— Adam Schefter (@AdamSchefter) September 7, 2016

Brees, a nine-time Pro Bowl selection, is in the final season of a five-year, $100 million deal and will hit the open market in the offseason without a new contract. As months went by without the sides talking about an extension, there had been speculation that the rebuilding Saints might not want to commit long-term to a 37-year-old quarterback, even if he is the team’s best player.

But talks resumed this week and appear to be picking up steam. Perhaps a shorter-term deal – Brees reportedly initially was seeking $100 over four years – will be the compromise both sides need to get it done.

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Drew Brees

New Orleans Saints

National Football League