Super Bowl 2020 and 2019 NFL Conference Odds
The New Orleans Saints are all in for the 2020 National Football League season. The team announced that it had restructured future Hall of Fame quarterback Drew Brees’ contract. As a result New Orleans has created more than $10 million in salary-cap space. Super Bowl 2020 and 2019 NFL Conference Odds.
According to league reports Brees, 40, will earn $23 million in salary and bonuses this year. Furthermore the veteran signal-caller will still become a free agent after this season.
The Saints entered this offseason with somewhere between $4 million and $10 million in cap space. However the now-$23 million in space enables the franchise to be more aggressive in free agency.
The convoluted nature of NFL contracts can be complex but are for the most part easily manipulated. By adding an auto-voiding year to the end of Brees’ deal in 2021 it enabled the team to convert part of his 2019 base salary and roster bonus into a signing bonus.
To claim that the Saints have entered a “win-now” mentality with the restructure would be nothing short of an echo of years past. The organization has been in the win-at-all-cost mode for the last handful of years with the veteran Brees nearing the end of his career.
The Saints check in at 8-1 odds, at William Hill, to win Super Bowl LIV. The team signed veteran backup running back Latavius Murray to replace the departed Mark Ingram. Also on Wednesday the announced they had inked restricted free agent kicker Wil Lutz to one of the richest kicker contracts in NFL history.