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Old 02-26-2013   #26
Dutchrudder 
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Default Re: Tom Brady extension

This deal isn't anywhere near as good as the sports pundits are making it out to be. He went from 2 years 30 million left on his deal to 5 years 70.6 million. 57 million is the new money, but because it's an extension and he had existing signing bonus left on his deal, it's still a pricey contract. The salaries are low, but any player will tell you they would rather have signing bonus money rather than future salary. Get that money ASAP so they can't avoid paying you. Anyways, his cap structure is about 3 million more than Schaub's is next year.

Quote:
Regarding Brady's salary cap charges, the breakdown is as follows:

2013: $13.8 million

2014: $14.8 million

2015: $13 million

2016: $14 million

2017: $15 million

The new contract also provides Brady more financial protection in the event he suffers a career-ending injury in 2013, increasing the money guaranteed to him from $25 million to $57 million. Brady has already suffered one catastrophic injury in his career, at the beginning of the 2008 season.
http://espn.go.com/boston/nfl/story/...ed-deal-source

Honestly, the worst thing about this deal is the enormous signing bonus. 6 million a year for the next 5 years is a lot of money that can't be moved, and if he retires or can't play due to injury, he will either eat a roster spot or cost a lot in dead money. Does anyone really think Brady will be worth 15 million a year when he's 40?
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