Brees is essentially on an $8 million single season TRY-OUT contract. If he does not perform he is gone. But he will still have a nice premium. Cuz of this season and a respectable '05.
Chargers are my second favorit e team behind the Raiders(strange huh

). They most definitely did the right thing. With the ONE-year contract and Franchise tag.
Rivers gets another year of experience. The Chargers will monitor his progress and Drew Brees's. And mid-season(tradeing deadline). They will have more hard questions to deal with. If the Chargers are an average team.
If DRew is playing awesome. Watch for Rivers to then be traded. If its only an average season. Phillip will come in.