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Patriots Will Pay Tom Brady $24M Thru 2017 NFL Season

HammerDown

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In which season does New England enter a protracted rebuilding project to recover from this albatross?
 
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HammerDown

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Someone start calling rehab shelters and halfway houses to make sure Sonny is ok. :shocked:
 

Broncos6482

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Any idea what his cap number will be each of those years?
 

cdumler7

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Any idea what his cap number will be each of those years?

He will have Cap Hits of $13, 14, and 15 million for those years. It just goes up the million like that of his guaranteed money. It does however make it to where he is pretty much uncuttable at this point and they better hope he plays all 3 years so again they get into a bit of Cap trouble.
 

redseat

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Will hurt the Patriots if they want to resign Revis and a few other players but I don't think BB or Kraft really care about money
 

ducky

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Albatross? Was this sarcasm and I missed it?

That is one of the most affordable QB contracts in the league. He signed for an unimaginable discount at the time. It's probably the biggest hometown discount ever given in the history of pro sports.
 
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Balljim55

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The subtle point is - how long can he keep playing at such a high level.
Look at Mr Brees
 

ducky

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The subtle point is - how long can he keep playing at such a high level.
Look at Mr Brees

And look at Manning.

There aren't many teams in this league that wouldn't happily dump their QB's right now (if there were no cap ramifications for dumping their existing QB) and guarantee Brady so little over the next 3 years. Green Bay and Seattle are the only two that wouldn't pull the trigger on that IMO.

Go look at other QB contracts around the league. Guys like Flacco, Ryan, Kaep, ect are going to cost their respective teams almost double what Brady is going to cost the Pat's over the next 3 seasons.
 
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Itsmytime

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And look at Manning.

There aren't many teams in this league that wouldn't happily dump their QB's right now (if there were no cap ramifications for dumping their existing QB) and guarantee Brady so little over the next 3 years. Green Bay and Seattle are the only two that wouldn't pull the trigger on that IMO.

Go look at other QB contracts around the league. Guys like Flacco, Ryan, Kaep, ect are going to cost their respective teams almost double what Brady is going to cost the Pat's over the next 3 seasons.

Actually in all fairness Kaepernick signed a VERY team friendly contract, and he wont be paid as much as you think.
 

ducky

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Actually in all fairness Kaepernick signed a VERY team friendly contract, and he wont be paid as much as you think.

[FONT=&quot]It’s team friendly in that it is not a guaranteed contract. It still is a high value contract. If he plays for the 49ers for the next 3 years, he’ll make well over $40 million compared to $24 million for Brady.

I'd gleefully rather guarantee a guy like Brady $24 over 3 than have the "flexibility" of cutting Kaep or being forced to pay him well north of $40 million over the next 3. The reality is that it is damn hard to find a QB in this league so moving on from Kaep is damn near impossible for the 49ers in the coming years. There is NO WAY they cut him this offseason. And even if he plays poorly next year, they will just chalk it up to learning a new system under a new coach and give him another go in 2016 knowing they don't have a viable alternative other than drafting a 1st round rookie. And by that point you will already have paid Kaep more for those two years than what Brady is guaranteed to make in 3 years.

[/FONT]
 

molsaniceman

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now the truth:suds:

Tom Brady restructured his contract to free up $24 million for the Patriots to spend this offseason.
Brady agreed to change $24 million in a "skill" guarantee to an "injury-only" guarantee, meaning he would only now be guaranteed the money in the event of an injury. (The Patriots could cut Brady and be off the hook for that $24 million.) The Patriots need to re-sign Darrelle Revis, Devin McCourty, Nate Solder, and perhaps Shane Vereen. They now have the resources to do it.
 

Sgthall999

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now the truth:suds:

Tom Brady restructured his contract to free up $24 million for the Patriots to spend this offseason.
Brady agreed to change $24 million in a "skill" guarantee to an "injury-only" guarantee, meaning he would only now be guaranteed the money in the event of an injury. (The Patriots could cut Brady and be off the hook for that $24 million.) The Patriots need to re-sign Darrelle Revis, Devin McCourty, Nate Solder, and perhaps Shane Vereen. They now have the resources to do it.

There you go! And Espn confirmed it! Time to come up with better trolling material.:L
 

LogicMan

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Brady is the Tim Duncan, Dirk N of the NFL. We wont find a QB in this league who is more focused on winning. This guy is not from this planet.
 

LogicMan

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Maybe because he has so much through the wife and endorsements he sees if he stays reasonable he can stay in NE another 5 years. I really think he thinks so.
 

Broncos6482

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now the truth:suds:

Tom Brady restructured his contract to free up $24 million for the Patriots to spend this offseason.
Brady agreed to change $24 million in a "skill" guarantee to an "injury-only" guarantee, meaning he would only now be guaranteed the money in the event of an injury. (The Patriots could cut Brady and be off the hook for that $24 million.) The Patriots need to re-sign Darrelle Revis, Devin McCourty, Nate Solder, and perhaps Shane Vereen. They now have the resources to do it.

Here's the real truth.

This is being painted, again, as an unselfish move by Brady to make it easier for the Patriots to retain their star talent. This time, though, the logic doesn’t pass the smell test. Brady’s cap hit over the next three seasons isn’t reduced by a single penny by making this decision; in fact, with the $1 million raise, he’s actually taking up slightly more cap space than he would have before this renegotiation. It will not be any easier for the Patriots to retain Darrelle Revis, Devin McCourty, or any of the other players for whom this new Brady deal is supposed to facilitate easier contract extensions.

Furthermore, Brady isn’t actually saving the Patriots any money from their apparently dwindling reserves. They’re just not putting that money up as collateral up front. If he’s still on the roster, Brady still gets paid each season. The only way he doesn’t get paid and the Patriots save money is if he gets cut for no longer having the skills to play quarterback for New England. It’s hard to reconcile the idea that Brady is clearing out cap space for his teammates with the fact that the only way he’ll actually clear out additional space is by remaining in the NFL without being on the Patriots active roster. He wants the Patriots to win so bad that he’ll go clog up somebody else’s cap.

What he didn’t have earlier is a way to get out of New England before 2017 if his concerns come to pass. The only way out under the old deal would have been a trade, and Brady couldn’t guarantee he would have gone somewhere with a chance of success. Now, because the Patriots can cut him without having to pay his future base salaries, Brady could hit the market as an unrestricted free agent and choose his next destination for whatever suits him and his family.

You can read the whole article here.
 

cdumler7

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Broncos6482 thank you for posting that. I have wondered why they needed to do this. All it really does is give them more cash in hand for this upcoming off season but actually hurts them cap wise a little. Has the owner ran out of money some how? I could understand it more then but he is I think the 8th wealthiest owner in the league so $24 million in cash really shouldn't have been that big of a deal for him. It does seem a bit weird for them to do this. Again I can understand more if the owner is cash depleted as we have seen with the Broncos in they just don't always have a ton of cash on hand to give out those big signing bonuses which in reality has helped keep them from getting into trouble but again this guy can afford $24 million pretty easily.
 

Sgthall999

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Well according to the article on ESPN this deal benefits both parties, which is a rare occasion. Regardless, it's not quite the "albatross" the OP made it out to be.
 

HammerDown

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LOL @ Pats fans.

As usual. :L

Brady will be paid $24,000,000 for very pedestrian (some might say sub-par) play at the QB position.

His fans call him a "kind humanitarian."

Truly beyond belief. :L

"He's so generous I wouldn't be surprised if he was willing to bilk the Pats for twice that much!!!"

"team first" :L
 
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