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Source: Drew Brees' agent, Saints talking contract, but little progress made

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Stephen A. passionately in favor of Brees receiving $100 million (1:30)

Stephen A. Smith finds it absurd that the Saints have not already given QB Drew Brees a 4-year/$100 million contract and believes that based on his importance to the team, he deserves that type of money. (1:30)

The New Orleans Saints and Drew Brees' agent, Tom Condon, have resumed talks over a possible contract extension, a league source told ESPN's Ed Werder.

However, there has been minimal progress so far as the clock ticks down toward Brees' self-imposed Sunday deadline.

Brees, 37, has repeatedly stressed that he won't talk about his contract anymore once the regular season kicks off with a Week 1 home date against the Oakland Raiders.

Brees has just one year left on his current contract. And if an extension isn't reached, he could become an unrestricted free agent next spring. It would cost the Saints nearly $43 million to use the franchise tag on Brees for the third time in his career (a 44 percent raise over his current salary-cap cost of $30 million).

Brees became the highest-paid player in NFL history when he signed a five-year, $100 million contract in 2012. However, his $20 million average has been passed up 11 times since then -- including twice by Baltimore Ravens QB Joe Flacco.

Flacco signed for a record $22.13 million per year in new money in March. Then Colts QB Andrew Luck shattered that mark with $24.6 million per year in new money last month.

However, the biggest sticking point in Brees' contract will likely be the guaranteed money because of his age. If Brees wants more than $60 million in guarantees like other top quarterbacks, that guarantee him money into his age-39 or age-40 season.

Brees is still going strong. He led the NFL in passing for the fourth time in five seasons last year with 4,870 yards in just 15 games played.

However, the Saints have not been going strong, with back-to-back 7-9 seasons. And they'll need to decide if they want to re-up with their future Hall of Fame quarterback or reboot.

ESPN's Mike Triplett contributed to this report.