vmax Posted February 25, 2013 Share Posted February 25, 2013 (edited) Unreal...look at what Brady just signed for.... Tom Brady took a huge step today to ensure he'll retire a Patriot, agreeing to a three-year contract extension that will keep him under center for New England through the 2017 season, when he will be 40 years old. For the second time in his illustrious career, Brady is doing something players in this day and age simply do not do: As he did in 2005, Brady, a league source told SI.com, is signing a contract with New England that will pay him significantly less money than the market will bear, in large part to help the Patriots stay competitive for the next five seasons. Amazingly, according to the source, the deal is for an eye-poppingly conservative $27 million, which is less than half his worth by any measure. The extension will pay Brady a $3 million signing bonus immediately, in addition to salaries of $7 million in 2015, $8 million in 2016 and $9 million in 2017. Brady told Sports Illustrated five years ago he wanted to play until he was 40, at least, and this will accomplish that. He turns 40 on Aug. 3, 2017.The upshot of the deal is to give the Patriots massive cap relief in a flat-cap era. He was due to count $43.6 million on the New England salary cap in 2013 and 2014. Now, his cap numbers will add up to $28.6 million in the next two years, a savings of $15 million in cap dollars at a time the Patriots have free agents they want to sign to help keep the team atop the AFC East, which they have dominated since Brady took over at quarterback in 2001. After the Patriots move money around to lessen the blow of Brady's money in a flat-cap era -- the NFL's salary cap is expected to be virtually the same in the next two years as it was last season, about $121 million a year -- here will be Brady's cap numbers over the next five seasons, according to a source with knowledge of the contract: 2013: $13.8 million2014: $14.8 million2015: $13 million2016: $14 million2017: $15 millionIt's very likely Brady feels the same way today as he felt in 2005, when he did the last sub-market deal. "To be the highest-paid, or anything like that, is not going to make me feel any better,'' he said in 2005. "That's not what makes me happy. In this game, the more one player gets, the more he takes away from what others can get. Is it going to make me feel any better to make an extra million, which, after taxes, is about $500,000? That million might be more important to the team.''Read More: http://sportsillustrated.cnn.com/nfl/news/20130225/tom-brady-new-england-patriots-contract/#ixzz2LxNhTrhGRead More: http://sportsillustrated.cnn.com/nfl/news/20130225/tom-brady-new-england-patriots-contract/#ixzz2LxMBaXSI No way Joe comes close to giving up the kind of money Brady is. Yet maybe a message comes through: It's good to have a team to play with and win, rather than getting all the money and playing with the practice squad.Granted....Brady is getting older but wow!...what a break he gave the Pats!Unless.... Bellicheat found a way to get him under the table money. Edited February 25, 2013 by vmax Quote Link to comment Share on other sites More sharing options...
papasmurfbell Posted February 25, 2013 Share Posted February 25, 2013 The question is do you want to win or be super well paid. That is where I disagree with all the local sports pundates. Quote Link to comment Share on other sites More sharing options...
vmax Posted February 25, 2013 Author Share Posted February 25, 2013 Here's more...he is being well paid... Tom Brady's three-year, $27 million extension is fascinating on so many levels. It helps the New England Patriots compete in the free agent market over the next two years. It truly makes Brady a Patriot for life.But let's not pretend that Brady doesn't get something out of the contract. NFL.com's Ian Rapoport and Albert Breer both report that all of Brady's contract is guaranteed. That's $60 million. That's guaranteed money until Brady is 40 years old, an awfully rare feat in football.The devil is always in the details with these contracts. An agreement with $60 million guaranteed would rival the deal of New Orleans Saints quarterback Drew Brees, even as Brady helps the Patriots' cap situation.There are so many angles here, let's break this baby out into a list.1. Let's not pretend this matters to Joe Flacco's negotiation. Everything about his contract situation is different, starting with his age and free agent status. Brady's contract may make some quarterbacks look bad publicly, but it doesn't wipe away the mega contracts for Peyton Manning and Drew Brees. (Or even Brady's last contract.) Flacco is going to make his money.2. The deal clears about $15 million in cap space over the next two years, according to Breer and Rapoport. The Patriots look at everything in two-year windows. They now have over $20 million in cap room to spend in 2013. Yes, that should help them try to keep wide receiver Wes Welker and right tackle Sebastian Vollmer. My guess: The Patriots still value Welker more than any other team out there.http://www.nfl.com/news/story/0ap1000000145193/article/tom-brady-contract-fallout-it-shouldnt-hurt-joe-flacco Quote Link to comment Share on other sites More sharing options...
cravnravn Posted February 26, 2013 Share Posted February 26, 2013 (edited) Unreal...look at what Brady just signed for.... No way Joe comes close to giving up the kind of money Brady is. Yet maybe a message comes through: It's good to have a team to play with and win, rather than getting all the money and playing with the practice squad.Granted....Brady is getting older but wow!...what a break he gave the Pats!Unless.... Bellicheat found a way to get him under the table money. Brady is not giving up any money whatsoever, hell he doesnt need to take another snap and hes guaranteed 60 mil thru 2017. Edited February 26, 2013 by cravnravn Quote Link to comment Share on other sites More sharing options...
cravnravn Posted February 26, 2013 Share Posted February 26, 2013 Before everyone slobs on Brady's nob 2005 he gets a 5 year 60 mil 26.5 guaranteed 2010 he gets a 5 year 72 mill 49 mil guaranteed AND now he extends to make it 60 mil guaranteed til 2017 Thats 86 1/2 mil guaranteed since 2005, and doesnt include his base salaries.. And some think Joe is greedy? Quote Link to comment Share on other sites More sharing options...
cravnravn Posted February 26, 2013 Share Posted February 26, 2013 Oh, one more thing, how many Championship trophys has Brady raised since 2005? Quote Link to comment Share on other sites More sharing options...
papasmurfbell Posted February 26, 2013 Share Posted February 26, 2013 He has posted in 2 SB's. Brady is proven so gauranteeing money is not an issue. Quote Link to comment Share on other sites More sharing options...
cravnravn Posted February 26, 2013 Share Posted February 26, 2013 losing SB QB is not a stat I would boast about. Quote Link to comment Share on other sites More sharing options...
papasmurfbell Posted February 26, 2013 Share Posted February 26, 2013 It is better than just being in the playoffs. Quote Link to comment Share on other sites More sharing options...
OutsideRzAcE Posted February 27, 2013 Share Posted February 27, 2013 Brady is definitely giving up money Cravn. If he became a free agent he could get a ton more money and a ton of $$ guaranteed Quote Link to comment Share on other sites More sharing options...
cravnravn Posted February 27, 2013 Share Posted February 27, 2013 He is not giving up any money, he is 37 years old, a team rebuilding is not going to mortgage the future to have 1 successful year. 86 mil is what he's guaranteed thru 17, I dont know what his base salary has been over that time. Quote Link to comment Share on other sites More sharing options...
cravnravn Posted February 27, 2013 Share Posted February 27, 2013 It is better than just being in the playoffs. Says who, you? losing in the wild card game is just as bad as losing the SB, there is only 1 QB in the NFL remembered for losing SB's thats Jim Kelly.. Quote Link to comment Share on other sites More sharing options...
OutsideRzAcE Posted February 27, 2013 Share Posted February 27, 2013 He is not giving up any money, he is 37 years old, a team rebuilding is not going to mortgage the future to have 1 successful year. 86 mil is what he's guaranteed thru 17, I dont know what his base salary has been over that time. You're wrong. He's 35 years old and will be 36 and a free agent next year. Peyton Manning was 36 when signed a 5 year 96 Million dollar deal that paid him 18 million last year and if he passes a physical this march will guarantee him $40 Million for the next two years (when he will be 37 and 38). If Brady did not extend his contract he would have hit the free agent market at the same age Manning signed his big contract, and could have gotten a better contract with more guaranteed money up front. Quote Link to comment Share on other sites More sharing options...
cravnravn Posted February 27, 2013 Share Posted February 27, 2013 He'll be 36 before this season starts. Manning signed his big pay day in Indy, because Elway chose to give him another big pay day sets the standard for QB's? Quote Link to comment Share on other sites More sharing options...
cravnravn Posted February 27, 2013 Share Posted February 27, 2013 FYI, the 96 million contract, has NO guarantee money involved. http://aol.sportingnews.com/nfl/story/2012-03-20/peyton-manning-broncos-tim-tebow-john-elway-2012-nfl-free-agents Quote Link to comment Share on other sites More sharing options...
RavenMad Posted February 27, 2013 Share Posted February 27, 2013 FYI, the 96 million contract, has NO guarantee money involved. http://aol.sportingnews.com/nfl/story/2012-03-20/peyton-manning-broncos-tim-tebow-john-elway-2012-nfl-free-agents There was no money guaranteed up front, but like it was stated earlier, if Manning passes his physical in March then the next 2 years become guaranteed. If he gets injured in camp or preseason he still gets paid. That is a big risk for a QB with his recent injury history. Quote Link to comment Share on other sites More sharing options...
thundercleetz Posted February 27, 2013 Share Posted February 27, 2013 Completely different situation, this is very much a win-win for both Brady and the Pats. Sure Brady could have signed a larger deal on the open market, but (1) no way the Pats would ever let him hit the market. After his current deal expires Brady would be 37, Pats could franchise him for a year, making him 38. Who would give Brady more guaranteed money than he is getting now at 38? (2) Like RavenMad said, Brady could retire in a year and walk away with this guaranteed money where otherwise he would have to keep playing until he was older to make the larger salaries you see for these younger QBs. Bottom line, this deal has no effect once-so-ever on Flacco, Ryan, or Rodgers. Brady may have saved his team money in the current year, but if he retires before the end of the deal (likely), or shows some decline in the last couple of years, his team could be on the hook for some serious dead money. Quote Link to comment Share on other sites More sharing options...
vmax Posted February 27, 2013 Author Share Posted February 27, 2013 (edited) Brady's deal has an effect. Rthlssxxsbrrrgrrrsss too....it's a domino effect....other QB's are going to restructure too and this could lower the exclusive rights tag for Joe down $3 million. Joe's losing money as these guys restructure. As ESPN NFL Insider Adam Schefter points out, the restructured quarterback contracts make it easier for Baltimore to put the exclusive franchise tag on Joe Flacco.The Super Bowl MVP already lost $800,000 from Tom Brady's new contract and could lose more when Ben Roethlisberger restructures his deal by the end of the week. In fact, Flacco could lose up to $3 million if the contracts of the other highest-paid quarterbacks -- Matthew Stafford, Eli Manning, Peyton Manning and Drew Brees are restructured.Teams are restructuring the contracts of quarterbacks, who usually have the highest salary-cap number, to get under the cap by March 12.The exclusive franchise tag is determined by the average of the five highest-paid players at that position for that season. It prohibits the player from negotiating with other teams.Before Brady's new deal, it was going to cost the Ravens $20.4 million to put the exclusive franchise tag on Flacco. After Brady's deal, the tag is now $19.6 million. If Roethlisberger and other quarterbacks restructure their deals, the tag will drop more, which benefits a Ravens team that will be tight against the cap. I think the tag him on the 4th and sign him by the 12th at the worst. Edited February 27, 2013 by vmax Quote Link to comment Share on other sites More sharing options...
papasmurfbell Posted February 28, 2013 Share Posted February 28, 2013 Says who, you? losing in the wild card game is just as bad as losing the SB, there is only 1 QB in the NFL remembered for losing SB's thats Jim Kelly..So when you have touted that the Ravens just making the playoffs for all these consecutive yrs was great then you were lying? 1 Quote Link to comment Share on other sites More sharing options...
cravnravn Posted February 28, 2013 Share Posted February 28, 2013 (edited) I never lie Pops..I will always tout joe flacco, caus of folks like you and Preston that constantly try to slam Joe. Edited February 28, 2013 by cravnravn Quote Link to comment Share on other sites More sharing options...
OutsideRzAcE Posted February 28, 2013 Share Posted February 28, 2013 Brady's deal has an effect. Rthlssxxsbrrrgrrrsss too....it's a domino effect....other QB's are going to restructure too and this could lower the exclusive rights tag for Joe down $3 million. Joe's losing money as these guys restructure. I think the tag him on the 4th and sign him by the 12th at the worst. I hope the exclusive rights tag is used. I'm seeing all these articles that say the Ravens will use the non-exclusive tag and gamble. I don't like the sound of that Quote Link to comment Share on other sites More sharing options...
vmax Posted February 28, 2013 Author Share Posted February 28, 2013 I hope the exclusive rights tag is used. I'm seeing all these articles that say the Ravens will use the non-exclusive tag and gamble. I don't like the sound of that The restricted tag won't happen. This is burned in Ozzies mind... Quote Link to comment Share on other sites More sharing options...
cravnravn Posted February 28, 2013 Share Posted February 28, 2013 Its a non issue, Joe will make the bucks Quote Link to comment Share on other sites More sharing options...
thundercleetz Posted February 28, 2013 Share Posted February 28, 2013 Brady's deal has an effect. Rthlssxxsbrrrgrrrsss too....it's a domino effect....other QB's are going to restructure too and this could lower the exclusive rights tag for Joe down $3 million. Joe's losing money as these guys restructure. I think the tag him on the 4th and sign him by the 12th at the worst.Restructuring only effects the franchise number: whether that is $19 million or $20 million or whatever the Ravens cannot afford it and Linta knows that. The bottom line is Drew Bree's signed a deal worth $20 million annually last year, that is the contract Linta is going to work off of regardless of the franchise number or anyone else restructuring. Quote Link to comment Share on other sites More sharing options...
papasmurfbell Posted February 28, 2013 Share Posted February 28, 2013 I never lie Pops..I will always tout joe flacco, caus of folks like you and Preston that constantly try to slam Joe. Joe had nothing to do with you globbing Preston when he said something you liked to read vs something you are not happy about. 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.