Way-too-early 2021 NFL Power Rankings: Rams, Packers, Chiefs chasing Buccaneers

Drew Brees might still retire but even so, he renegotiated his deal to save the New Orleans Saints some money this season. He did so in order to help them alleviate some cap space but that really didn’t do much at all. According to OverTheCap.com, they’re still just over $79 million over the cap right now — and no that was not a typo. They are $79 million over the cap.

Clearly, the Saints stocked up for a run at a Super Bowl and felt doing this at the end of Brees’ career was the right move. Had they accomplished the task, they would have been thrilled with the results but now, they have to figure out what to do in order to stay competitive in 2021 despite this massive debt in front of them.

The good news for them is that general manager Mickey Loomis is brilliant when it comes to manipulating the cap. He’s probably going to restructure two more people and be $50 million under the cap and we will all wonder how they managed to do it. While that’s a bit facetious, the fact is, Loomis does work some magic often and will get them in solid shape financially somehow.

What we need to know is, what will happen under center, and can they stay competitive even if Brees retires? And if he does, will it be the Taysom Hill show, or will Jameis Winston be brought back? This season can go in a myriad of ways for the Saints, and it could be fun to watch it all unfold.