The New Orleans Saints and quarterback Drew Brees agreed to a contract extension today which will pay him $100 million over a 5-year period, with $60 million guaranteed, a record amount. The deal does have a few outs for the Saints, but they’re unlikely to use them. The agreement ends a long negotiation process begun after the Saints placed the franchise tag on the QB. Had he played under that tag, he would have been paid approximately $16 million. Instead, year one of the new contract will pay him $40 million dollars. It is believed that he would have refused to report to camp had an agreement not been reached. Brees will now likely finish his career in New Orleans with the team he won a Super Bowl with.