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Old 02-28-2013   #52
handswarmer
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Default Re: Tom Brady extension

Quote:
Originally Posted by Dutchrudder View Post
Edit: I see it now.

Brady restructured his salary in 2012 to signing bonus and that added to the cap hit to 2013 and 2014. His original deal was going to be:
2013: 15 million salary + 6.8 million signing bonus
2014: 15 million salary + 6.8 million signing bonus

Total of 43.6 million over two years.

Instead, they now have him as:
2013: 1 million salary, 12.8 million signing bonus (saves 8 million)
2014: 2 million salary, 12.8 million signing bonus (saves 7 million)

Total of 28.6 over two years. A savings of 15 million in cap space.

And after 2014 the only signing bonus is the 6m a year from the restructure.

Now it all makes sense!
Not to mention the fact that he has already made $70-80 million and is 37 yrs old

But Pats fans think Tom is a Saint....
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