Drew Brees Net Worth: Saints QB Has $244.7 Million Career Earnings, Third Overall

Drew Brees’s net worth is still increasing and at 40 years old, he shows no signs of stopping anytime soon.

The New Orleans Saints signed Brees to a contract extension worth $50 million last year. At his age that time, it was almost unheard of. With the deal in place, his rank in the all time list of highest paid NFL players is secured at number three with $244.7 million. Only the Manning brothers are ahead of him with Peyton Manning at number 2 ($248.7 million) and Eli Manning occupying the top spot ($252.3 million), per Business Insider.

Brees agreed to restructure the contract earlier this year to allow some flexibility in the cap space. The Saints want to add or resign some pieces they believe would help the team push their Super Bowl aspirations. The star QB, being the leader of the team and veteran that he is, did not think twice about restructuring the deal. The team wants to win now and it needs a bit more leeway in offering deals.

Originally, the New Orleans Saints only have $4.9 million in cap space prior to re-negotiations with Brees. The team has to clear about $10.8 million more. The $50 million deal he signed has a guaranteed $27 million in salary. He will still get the remaining money but his team could use the flexibility now, a report from NFL.com states. If he decides to continue playing beyond 2020, the Saints need to maneuver more contract deals and stipulations to accommodate everyone on the payroll, even if it means going over the salary cap.

What makes Brees and other veterans in the NFL such as Tom Brady irreplaceable in their teams is that they have proven they can still play and keep up with the youngsters. In his career, Brees played in 12 Pro Bowls and ranked first in most passing yards in the history of the NFL.

Aside from his contracts with the Saints, he has endorsement deals with Microsoft, Nike, PepsiCo, Procter & Gamble and Wrangler. According to Forbes, the quarterback leads the league in sponsorship money with $16 million. Moreover, he made investments in Jimmy John's, Waitr and Dunkin' franchises.

With his enormous contracts and multiple sponsors, Brees does not forget to reach out to the less privileged. His foundation has donated an estimate of $25 million to different charities and causes.

New Orleans sit atop the National Football Conference standings with 10-3 win-loss card. If the teams goes on to have a deep playoff run, the restructured deal of the team’s leader will likely pay off sooner than later.