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METAIRIE, La. -- In the latest signal that Drew Brees is preparing to retire after 20 seasons, the New Orleans Saints quarterback has agreed to reduce his 2021 salary from $25 million to the veterans minimum of $1.075 million, a source confirmed to ESPN on Friday.
The move will free up nearly $24 million in salary-cap space for a Saints team that was projected to begin the offseason close to $100 million over the cap.
Source: Brees to cut salary in sign of retirement
In the latest sign that Drew Brees is preparing to retire, the Saints quarterback has agreed to reduce his 2021 salary, a source confirmed to ESPN.
www.espn.com
METAIRIE, La. -- In the latest signal that Drew Brees is preparing to retire after 20 seasons, the New Orleans Saints quarterback has agreed to reduce his 2021 salary from $25 million to the veterans minimum of $1.075 million, a source confirmed to ESPN on Friday.
The move will free up nearly $24 million in salary-cap space for a Saints team that was projected to begin the offseason close to $100 million over the cap.