Miguel, is it significant Brady has not received a contract extension? What is the hold-up?
Answer: It is not significant. The Patriots have been able to build the leading Super Bowl contender with Brady having a $27 million cap number. The hold up is most likely the length of the deal. My prediction remains Brady will be extended before 4 p.m. Saturday, September 7 — probably after Ernie Adamsdetermines how much cap space the Patriots need to have to operate during the regular season.
How much 2019 cap space could Pats realistically open up with a TB12 extension?
Answer: Four to five million. My guess on what will happen is that the Patriots will lower Brady’s cap number from $27 million to $22 million in an extension whose new money APY is $28 million. Jimmy Garoppolo‘s APY is $27.5 million.
Signing bonus: $30 million
Guaranteed money: $52 million
Fully guaranteed at signing: $50 million
New money total: $84 million ($99 million over four years)
Contract length: Three-year extension
Average per year: $28 million
Tom Brady’s two-year extension takes him through the 2021 season, but the deal will be adjusted each year he continues playing, per source. It will pay him $23 million this season - an $8 million boost over what he was scheduled to make.
The #Patriots and QB Tom Brady are in agreement on a 2-year deal worth $70M, source said, thru 2021. He gets $23M this year, then $30M and $32M in the following years — though both sides are amenable to adjusting it if the situations warrants. It’s essentially year-to-year.
Okay, that's silly. Why would the Patriots agree to that unless Brady is retiring at the end of the year and the extra 8M is a goodbye present. That's pretty close to what the franchise tag would be. Maybe you save a little bit, but not much.The #Patriots and QB Tom Brady are in agreement on a 2-year deal worth $70M, source said, thru 2021. He gets $23M this year, then $30M and $32M in the following years — though both sides are amenable to adjusting it if the situations warrants. It’s essentially year-to-year.
Because he's still really good.Okay, that's silly. Why would the Patriots agree to that unless Brady is retiring at the end of the year and the extra 8M is a goodbye present. That's pretty close to what the franchise tag would be. Maybe you save a little bit, but not much.
But as mentioned upthread they aren't hurting for space right now and it means the hit would be well into the 30's in the other two years.The cap hit for the current season drops something like $4 million, which is pretty valuable to the Pats.
That 7.5M will disappear quickly.But as mentioned upthread they aren't hurting for space right now and it means the hit would be well into the 30's in the other two years.
Unless the Patriots are working on a trade which would eat up most of that 7.5 mill...
My recollection is that Miguel agrees with your concept but says that about $5M is needed for the things you lay out.That 7.5M will disappear quickly.
Right now only the top 51 salaries count.
Subtract a million once you hit opening day and 53 guys are on the roster.
Anybody on IR? Their salaries now count too.
Replacing anyone that gets hurt in-season? Their salaries count.
Having a practice squad? That will cost around a million bucks.
7.5M is basically dust.
Which is funny because this contract is the exact opposite. He gets an additional 8 mill this year and the following two years is pretty close to what the franchise tag would be.Tom Curran's descent into hot-take-iness is really starting to bun me out. Check out his article about the extension v. Reiss's. They both say the exact same thing, but Curran almost makes it sound like a bad thing.
Are you factoring in he’s a system QB?How far Brady is ahead of the next best guy in the playoffs....
Playoff wins: 30 (2nd place: Montana with 16)
Super Bowl appearances: 9 (2nd place: Elway with 5)
Super Bowl championships: 6 (2nd place: Montana, Bradshaw with 4)
Playoff passing yards: 11,179 (2nd place: Peyton, with 7,339)
Playoff passing TDs: 73 (2nd place: Montana, with 45)
Playoff game-winning drives: 13 (2nd place: Elway, with 6)
Playoff 4th quarter comebacks: 9 (2nd place: Montana, with 5)
Tom Brady is so far ahead of everyone else in terms of these playoff numbers it's ridiculous.
There’s no indication New England has done anything along the lines of what Denver did in the 1990s. It’s entirely possible Brady has simply pursued deals that worked well for both parties. (Update: In 2015, the league determined no violation occurred when the Patriots bought services through a company Brady owns near Gillette Stadium.)
Not sure why it sucks.So this was 100% the Patriots asking for salary relief in exchange for committing to not tag him.
This sucks more than it did yesterday.
I think the "voidable" part of this contract needs a better explanation than what we've received so far from the peanut gallery of media trolls. The details of that clause are likely more complex than what's been reported.
One day after finalizing a new contract that increases his pay by $8 million this season, New England Patriots quarterback Tom Brady acknowledged how the deal doesn't tie him to the franchise beyond the 2019 season.
"It's a unique situation I'm in -- 20th year with the same team, I'll be 42 years old. So pretty much uncharted territory for everybody," Brady said Monday after a joint practice between the Patriots and Lions. "I'm going to go out there and do the best I can this year and see what happens."
Brady's new contract is technically a two-year extension through the 2021 season, but 2020 and 2021 are void years, a source told ESPN's Field Yates. That is similar to the Saints' five-year extension with quarterback Drew Brees in 2016 that included three void years, which essentially made it a two-year deal.
Teams use void years for salary-cap purposes, although this is the first time the Patriots have ever done so.
So Brady and the Patriots will have to revisit negotiations before the end of the 2019 league year to extend the contract, and it is expected they will do so. The Patriots have agreed not to use the franchise tag on Brady, according to a source.
This doesn't make any sense. Why would the league allow a contract that give the Patriots cap savings this year, but the final two years are just fiction because they automatically void themselves?It is a 1-year deal.
Sources: #Patriots QB Tom Brady’s new deal includes a provision that does not allow NE to franchise or transition tag him for the 2020 season. The final two years automatically void on the last day of the 2019 league year, but he cannot be tagged. Brady will be a free agent.