**Announcement: New Orleans Saints Owner Gayle Benson Confirms $800.5 Million Handshake Deal with Drew Brees to Become New General Manager Following Mickey Loomis’ Departure**
In a groundbreaking move for the New Orleans Saints, team owner Gayle Benson has confirmed an $800.5 million handshake deal with legendary former quarterback Drew Brees to become the franchise’s new General Manager. This deal comes on the heels of the announcement that current GM Mickey Loomis will be stepping down after more than 15 years in the role.
According to ESPN’s sources, Brees, who retired from the NFL in 2021 after an illustrious career with the Saints, has agreed to take on the high-profile position in a deal that will make him one of the highest-paid executives in NFL history. The contract, which is reportedly worth $800.5 million, includes a combination of salary, performance bonuses, and a significant equity stake in the team, making it a historic move not only for the Saints but also for the league.
Brees, known for leading the Saints to their only Super Bowl victory in 2010, has remained a beloved figure in New Orleans, admired for his leadership both on and off the field. His transition from player to front office executive is seen as a natural progression, as the 45-year-old former quarterback has long been involved in various business ventures and community projects in the city.
Gayle Benson, who took over ownership of the Saints after the passing of her husband, Tom Benson, in 2018, expressed her excitement over the new deal, stating, “Drew has been the heart and soul of this franchise for over a decade. His leadership on the field is unparalleled, and we believe he will bring that same passion and commitment to the front office. This is a new chapter for the Saints, and we couldn’t be more thrilled to have him guide us through it.”
The decision to bring in Brees as GM comes as the Saints are undergoing a period of transition, with Loomis stepping down from the position after a highly successful tenure. Under Loomis, the Saints built one of the NFL’s most consistent teams, but with the team facing new challenges in terms of roster construction and salary cap management, the ownership group felt that a fresh perspective was needed.
As part of the agreement, Brees will have significant input into the team’s roster decisions, scouting processes, and overall direction. His wealth of football knowledge and insight into the team’s culture is expected to play a crucial role in shaping the Saints’ future as they look to rebuild and return to championship contention.
For more updates on this monumental move, stay tuned to ESPN and official team communications.
