WashingtonD Posted February 25, 2013 Share Posted February 25, 2013 Not a surprise as it gives the pays more salary cap flexibility and Kraft loves his Tom http://mobile.boston.com/art/35/sports/football/patriots/extra_points/2013/02/report_tom_brad Quote Link to comment Share on other sites More sharing options...
Papajohn Posted February 25, 2013 Share Posted February 25, 2013 Beat me to it. Stupid tablet! Quote Link to comment Share on other sites More sharing options...
WashingtonD Posted February 25, 2013 Author Share Posted February 25, 2013 You did post a brief synopsis in your thread, so, you've got that going for you Quote Link to comment Share on other sites More sharing options...
Chief Dick Posted February 26, 2013 Share Posted February 26, 2013 Hopefully there's a hair stylist provided with that contract. Quote Link to comment Share on other sites More sharing options...
MorningMud Posted February 26, 2013 Share Posted February 26, 2013 Below market value though...do you think Brady told them he would take less if they went out and got a Jennings/Wallace type WR? Quote Link to comment Share on other sites More sharing options...
WashingtonD Posted February 26, 2013 Author Share Posted February 26, 2013 Below market value though...do you think Brady told them he would take less if they went out and got a Jennings/Wallace type WR? I think he wants Welker back Quote Link to comment Share on other sites More sharing options...
delusions of grandeur Posted February 26, 2013 Share Posted February 26, 2013 That's not just cap friendly, that's a cap reach around. R Quote Link to comment Share on other sites More sharing options...
tazinib1 Posted February 26, 2013 Share Posted February 26, 2013 Flacco just punched a hole in the door 1 Quote Link to comment Share on other sites More sharing options...
Menudo Posted February 26, 2013 Share Posted February 26, 2013 Say what you want about Tom Brady, but, there is no question that he is a team first guy whose desire to win outweighs his personal gains. Quote Link to comment Share on other sites More sharing options...
Tford Posted February 26, 2013 Share Posted February 26, 2013 Signing deals like that near the end of your career are what set you up for front office jobs. Quote Link to comment Share on other sites More sharing options...
boltnlava Posted February 27, 2013 Share Posted February 27, 2013 All the above seems to be true. Although it's easy to be team first on a team like the pats who win most of the time and you've already stacked up $$$$millions$$$...Still hat's off. Classy move. Welcome back Welker. lol Quote Link to comment Share on other sites More sharing options...
MorningMud Posted February 27, 2013 Share Posted February 27, 2013 Say what you want about Tom Brady, but, there is no question that he is a team first guy whose desire to win outweighs his personal gains. I think Brady just doesn't care about the money because his wife brings home 40-50 million a year and he gets to sleep with her... Quote Link to comment Share on other sites More sharing options...
Pope Flick Posted February 27, 2013 Share Posted February 27, 2013 His cap numbers for 2013 and ’14, again from the initial terms of the 2010 extension, were to be $18.2 million each year. But last March, Brady and the Patriots renegotiated that deal. The quarterback’s base salary for 2012 was dropped to $975,000, and the difference between the original base salary and the $6 million roster bonus (plus a little extra) was converted into a $10.8 million signing bonus, which again would be prorated over the total years of the contract. At that point there were three years left, so the cap hit was $3.6 million per year. The $3.2 million annually was still on the books as well. For 2012, Brady’s cap number dropped by just over $7 million, but his numbers in ’13 and ’14 went up, thanks to the new signing bonus money added to his base salaries of $9.75 million a season. His cap hits in those years were set to be $21.8 million. The 2013 NFL salary cap will be $121 million, perhaps $122 million, so Brady alone would have taken up more than one-fifth of the Patriots’ cap. So that’s the history. Ready to talk about the present — his new deal? The $9.75 million in salary, plus the $5 million roster bonuses, plus the $250,000 workout bonuses Brady was set to get in each of the next two seasons – a total of $30 million – has been entirely converted into a signing bonus that will be stretched over the new five-year duration, which is $6 million per season. Brady got $3 million in new money for 2013 and 2014 in the form of his new base salaries: $1 million for this year, $2 million for next. For the coming season, he now will count $13.8 million against the cap: base salary, $6 million from the new renegotiation bonus, plus the $3.6 million from the 2012 reworking, plus the $3.2 million from the 2010 deal. In 2014, that number increases by a million because of the difference in salary; everything else is the same. Over the coming two seasons, the final two years of that initial ’10 contract, Brady was supposed to count a total of $43.6 million against the salary cap. Now he’ll count $28.6 million, giving the team an additional $15 million to work with. The extension begins in 2015; that year, Brady’s base salary will be $7 million, and added to the $6 million bonus proration, he is slated to count $13 million against the cap. His base salary goes up $1 million in ’16 and another $1 million in ’17, so he will count $14 million and $15 million against the cap, respectively, in those years. In essence, the renegotiation means Brady will make $57 million over five seasons, and all of it is guaranteed. Quote Link to comment Share on other sites More sharing options...
keggerz Posted February 28, 2013 Share Posted February 28, 2013 $aint Brady Quote Link to comment Share on other sites More sharing options...
Shorttynaz Posted February 28, 2013 Share Posted February 28, 2013 In essence, the renegotiation means Brady will make $57 million over five seasons, and all of it is guaranteed. THIS! The media is making it out to look like he did it to give the Pats more room to re-sign someone like Welker. That's just a smokescreen that he and the Pats wanted it to look like. He got more in guaranteed money and secured his place in New England until he's 40. Just so happened to give them some $$ to spend this year. At any rate - the Pats and their fans should be happy that it worked out for both sides.. Quote Link to comment Share on other sites More sharing options...
i_am_the_swammi Posted February 28, 2013 Share Posted February 28, 2013 Flacco cannot be happy....reports are that if he is franchised, he'll make $1.6M less than what he would have a week ago...all due to Brady and Roethlisberger bringing down the averages for the top-5 QBs because they renegotiated 1 Quote Link to comment Share on other sites More sharing options...
Menudo Posted March 1, 2013 Share Posted March 1, 2013 (edited) Roethlisberger re-structured as well. "For he's a jolly-good fellow, for he's a jolly-good fellow" Everybody "For he's........ :crickets: Edited March 1, 2013 by Menudo Quote Link to comment Share on other sites More sharing options...
i_am_the_swammi Posted March 2, 2013 Share Posted March 2, 2013 Flacco cannot be happy....reports are that if he is franchised, he'll make $1.6M less than what he would have a week ago...all due to Brady and Roethlisberger bringing down the averages for the top-5 QBs because they renegotiated er.....nevermind Quote Link to comment Share on other sites More sharing options...
keggerz Posted March 2, 2013 Share Posted March 2, 2013 (edited) er.....nevermind no chives...6yrs/$120.6 million makes him the highest paid QB in NFL history and the highest paid player ever (on a per yr basis) too. Edited March 2, 2013 by keggerz Quote Link to comment Share on other sites More sharing options...
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