mgteich

We currently pay Brady fifteen million of new money a year. The other $6.8M is bonus money from the past.
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I would presume an extension would be for at least $20 million a year, likely a bit more.
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The current $22M or so year is what we should expect to pay Brady. I'm not sure that back-ending a new contract benefits the team.

We need to get used to the quarterback position costing $22M or so for the next several years, and that's fine.

jmt57

I would like to think that Brady would agree to a contract that would be south of $22 million per year. The reason he is getting paid as much as he is now is because of restructures that pushed payments into this year and next. Meanwhile the cap has increased only very slightly; by comparison the franchise tage for a QB is $14 million and change.

Brady is still one of the best quarterbacks in the game, but he will be 36 before the season kicks off. If he wants another ring, then it would be in his best interest to agree to a contract that would allow the team to spend money elsewhere in complimentary positions. I don't believe it is (or should be) a foregone conclusion that he be paid $22 million per year.

KontradictioN

i tink Brody shud play 4 free.Hez throwin pix in teh PLAYOFFS1

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KontradictioN

Now that I have the trollspeak out of my system for the day, I think an extension for Brady is going to be a given in order to free up some cap room. The only question in my mind is whether Brady will live out the life of that contract and retire a Patriot at the end of it, or not.

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MoLewisrocks

Brady's current contract was for 4 years at $72M ($18M per) added onto his remaining year (due $6.5M in roster bonus and salary) on his previous deal for a total of 5 years $78M or $15.7 AAV...

If we now add lets just say for example 3 more years at $20M per onto that deal, it will average $18.3M...

To seal the deal they would likely have to pay him $15M in signing bonus and guarantee $40M+ of the deal. Not a problem because his 2013 money is already guaranteed and his 2014 money will be the last week of the 2013 season. That's $30M+ right there. So you're only guaranteeing $10M more in new money.

There is no need to backend anything. A new deal gives them cap flexibility to structure the hits as they see fit. The backend or new years are all salary or some combination of salary and roster bonus and because Brady is smart and wants to retain control of his destiny likely covered by rolling guarantees similar to those in his present deal. Dead cap if they cut him after year 3 (first of the new years) would be $8M spread over 2 seasons at $4M per.

I do not know why you struggle so with the concept that a new deal for Brady isn't remotely a bad thing. It's a very good thing. This year and beyond.

The longer they wait the higher the market will go. Is it that you simply see him gone in 2 years??

signbabybrady

I think his contract is in such a crazy spot he is owed so much over the next two years what is his motivation to want to re-up the deal are we really going to give close to 80 mil to a 36 year old guy to take him until he is 40? if we are doubling the years but not at least close to doubling the money again I ask what is his motivation to do this?

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signbabybrady

The remaining money on his deal is all but guarenteed at this point as there is little to zero percent chance he wouldn't collect on both years. that's by what I have read somewhere around 42-45 mil total and I just dont see where there is going to be enough savings for Kraft to want to shell out double that and vice versa if the money isnt being doubled than how much new money is Brady really getting to do the restructure (more specifically how much new in the 2 years he is under control for)? I dont think its Brady chasing the money as much as the inevitable spot we are in by having pushed it back to this point.

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mgteich

I'm fine with extending Brady as soon as possible. Perhaps last year was the right year, perhaps this. $20M a year plus a fifteen million signing bonus makes sense, along with the $40M guarantee (perhaps a bit low). I don't think that a 3 year extension is enough years.

What I am asking about is contract structure. You would add $75M of new money for a 3 year extension. That's fine. For this year and next, Brady is owed $30M of new monies. That seems fair. In addition, for this year and next, we have cap hits of $6.8M and $6.8M from the old contract.

Please correct any misunderstandings and show the cap hits for the 5 years. It would seem that the last two years would be over $25M per year if we were to achieve cap savings this year. It would seem that a cap of $9M this year and $29M in the last couple of years defines back-ending.

Please correct my misunderstandings.

MoLewisrocks

What crazy spot is it in? We owe him $31M over the next two seasons. He is on record wanting to play until he is 40, if not longer. Kraft is on record as wanting him to retire a Patriot and remain the Qb here as long as he's productive and he says he trusts Brady will know when the time comes and not screw them over.

Brady's motivation is peace of mind 2 years out. And we're going to give him $90M because that just averages $18M per year... And he'd be going from 2 years $30M to 5 years $90M with more guaranteed money and his remaining money up front. His final year isn't guaranteed until the end of the year before or the beginning of the league year 2017...if he goes out a year early it's a $4M dead cap hit and $16M+ in cap savings... And if he wants to stay another year after that - and they want him to - his tag would be $24M in 2017 when the cap is likely up to $140M+.

MoLewisrocks

The beauty of doing deals as they have done with him is you get a slight discount on the early bird plus you get to tag it onto the remaining now well undermarket years for cap purposes.