Considering the guaranteed money ends after the 2015 season, the reality is this is a 1 year extension and if Brady is still performing at a high enough level, I expect NE to tweak his contract after 2015.
According to King..."The Patriots can do this by guaranteeing his salaries for the next three and giving him much of the money in a chunk of a bonus right now. That, the source with knowledge of the contract said, is what the Patriots intend to do."
So his next 3 salaries are ....
Total guaranteed 29.5 mill paid up front getting him thru 2015.
If NE wants to cut bait after 2015, they'll take a $12 mill cap charge.
If Brady stays on with an unaltered contract for 2016 but opts out after 2016, the cap charge is down to $6 mill.
So this Brady love fest is somewhat warranted, considering Brady will be playing 2015 for essentially 12.75 mill, a huge bargain for that year. How they proceed after that is the real question. Will Brady continue his bargain forward....or was this latest extension just a means to kick the cap can down the road. I suspect Kraft knows the inside numbers of how the cap will expand after this next flat cap phase winds down.
Comparing this new Brady extension to the contract Denver is about to trigger for Manning.....2 more years at $20mill guaranteed/year= $40 mill guaranteed, NE is definitely getting a $5mill per year savings now. The difference is Denver won't have cap carryover unless Manning restructures. NE will always have cap carryover unless Brady sticks to this new deal word for word. If he does.......wow......Pats will be flush with cash thru 2017.
PS....for those that believe that Brady is screwing over other QBs with this deal.....remember....the cap floor has been elevated to new heights....so the money will get paid to players, just not the QB. Will the Union really argue they want the QB to get the highest share vs a redistribution of the same amount. I don't think so
Last edited by Redrew; 02-26-2013 at 09:37 AM.
It's easy to be magnanimous when you've already made a ton of money in salary, make a boatload in endorsements, and have a wife who make more $ than you. I would add, that the economic value of 1 more SB title for Brady far exceeds what he is giving up in salary.
That said, it is interesting to juxtapose the best player in the division willingly taking a pay cut to the Jets best player's desires to be paid in the top 5 of all defensive players after a season ending ACL injury.
Finally, I would note that if the Pats do not take that savings and get Brady a physically dominant WR (i.e. Boldin), Mrs Brady will likely put a hit on Coach Bellyache.
[QUOTE=IndianaJet;4820336]What he said......
LMAO...was this written by the same hack who wrote that the mere fact that the Patriots winning % is so far above the statistical norm post-Spygate that it's "proof" they are still cheating?When I first heard about Peter Kingís report that the Patriots had signed quarterback Tom Brady to a three-year, $27 million extension, I assumed the deal was worth $27 million per year.
Itís not. For committing to the Patriots in the 2015, 2016, and 2017 seasons, Brady gets a total of $27 million.
It appears, as explained last night, to be nothing more than an effort to reduce Bradyís cap number in 2013 and 2014, the final two years of his existing deal. Itís hard to spread money over the years of a contract if the contract covers only two more seasons. Come 2015, the likely reality is that a new deal will be done ó after the appearance that Brady has taken less is used to squeeze other players into doing the same thing, which the Pats did masterfully last decade.
Still, teams and agents are looking at the numbers and wonder what else could be going on. Whispers of a side deals already have begun in league circles, even though there is (and likely will be) no proof of a wink-nod arrangement that will see Brady get compensated in other ways.
Sides deals arenít unprecedented in pro football. The Broncos lost a second-round pick, a third-round pick, and paid a $950,000 for violations relating to $29 million in deferred payments to John Elway and Terrell Davis during the teamís Super Bowl window of the late 1990s. Again, there is (and likely will be) no proof of a side deal in this case.
Now that more and more teams are pressed against the salary cap and trying to finagle spending space, suspicions of side arrangements and briefcases full of cash will return to the NFL ó even if no team is ever caught or is ever guilty.
In Bradyís case, the facts as presently known raise natural red flags. At a time when the high-water mater for quarterbacks is $20 million, the notion that Brady would commit to playing for less than half that average over a three-year window starting three seasons from now makes no sense.
At a minimum, agent Don Yee has provided his competitors with more than enough ammunition for the inherently cutthroat game of chasing new clients. At a maximum, teams and agents will probe for something/anything to explain why Tom Brady was willing to sign a contract that pays him so much less than heíll be worth starting two years from now.
Maybe, in the end, the explanation is that, given his wifeís obscene earnings, heís willing to take a lot less money in order to help that Pats stack the deck for another Super Bowl run or two.[\QUOTE]
Talk about media-hack speculation with ZERO facts to back up an outrageous claim. Ray Ray must be fuming mad!
Of course, there's something to be said for an agent being able to say "I rep my guys based on their desires - even if I don't make the most money out of it....I will work for you, not the other way around."
I still think this raises the prospect of Welker coming back considerably. I can't help but think that it has to come up in the discussion - at some point - when Brady is talking about taking far less than MV, that he makes it known that he would like Welker back and the Pats now have more leeway to do so.
But certainly, with this added cap relief, the Pats are now in the position to lock up Wes, Talib, and Vollmer as well.
It's a done deal. Welker will be back
With that great production, how many Super Bowls have the Pats won with Welker? He makes one tough catch and he has a ring.
Pats are better going with WR's to open the field up like they did when they had Moss.
Hernandez would be more than adequate working out of the slot with an open middle of the field..