WEEI/Rapoport: Brady deal "imminent" - 3 years, $58M - Page 7 - New England Patriots Forums - PatsFans.com Patriots Fan Messageboard
NEWS
|
FORUM
|
PHOTOS
|
VIDEOS
|
FULL STATS DATABASE
|
PODCAST
|
RUMOR MILL
Get Social With PatsFans.com
Five Thoughts On Tebow
'13 NFL Previews Are In
Tebow at QB? No Way

Go Back   New England Patriots Forums - PatsFans.com Patriots Fan Messageboard > PatsFans.com Forums > PatsFans.com - Patriots Fan Forum
Forgot Password? Join PatsFans.com!
Register Blogs FAQ Members List Calendar Arcade Mark Forums Read Chat Room

WELCOME TO OUR FORUM HERE AT PATSFANS.COM!
ARE YOU NEW HERE? NOT LOGGED IN? PLEASE TAKE A MOMENT TO REGISTER FOR AN ACCOUNT AND LOGIN TO REMOVE THIS WINDOW

Welcome to PatsFans.com. Do you have an account? If not - please take a moment to register for our forum and experience a much smoother experience with fewer ads, along with no longer having to see this notification window. Also learn about how you can receive a free Patriots T-Shirt from the Patriots Official ProShop by CLICKING HERE. Please enjoy your stay here, and Go Pats!

Closed Thread
 
Thread Tools Display Modes
Old 09-07-2010, 09:59 AM   #61
In the Starting Line-up
 
BlueThunder's Avatar
 

Join Date: Dec 2009
Location: Onset, Mass
Posts: 2,820
My Mood: Inspired
Default Re: WEEI/Rapoport: Brady deal "imminent" - 3 years, $58M




Land 3.75 acres- Cost $11 mil

House 22,000 sq/ft - Cost $20 mil

Weight Room & Excersize Room

Garage 6 car

Pool Lagoon shaped

Giselle worth $150mil

NICE !!

Anyone have updated pics of Tom & Giselles Mansion? These are April 2010.
BlueThunder is online now  
FEATURED ADVERTISEMENT
DONATE TO PATSFANS.COM
RECEIVE A FREE PATS T-SHIRT AND SAVE 15% OFF WHEN YOU BUY FROM THE OFFICIAL PROSHOP!

Free T-Shirt & Save 15% Off!
Like Our Site? Please help support our site and server costs by DONATING TO PATSFANS.COM and receive a FREE PATRIOTS T-SHIRT and SAVE 15% off EVERY purchase you make from PatriotsProShop.com. You'll also receive added benefits to your account
including Removing All Ads During Your Experience Here At Our Forum.

NEEDED YEARLY SITE DONATIONS: 345 | CURRENT # OF SUBSCRIBED SUPPORTERS: 98

Updated 07/08/11

Help Us Reach Our Goal!

Old 09-07-2010, 09:59 AM   #62
PatsFans.com Supporter
 
MoLewisrocks's Avatar
 

Join Date: Mar 2005
Posts: 19,949
Default Re: Per WEEI - Brady deal done

Quote:
Originally Posted by JSn View Post
Ok, so this puts Brady's deal at something like $65 Mil over four years. That's about what everyone figgered, no?
'

That would make him the highest paid by average at least temporarily at $16.125M per overall and $19.3M average in new money depending on how you want to spin it.

I think this bandaid option has long been on the table and if anything has changed it would be the guaranteed $$$ payout language or perhaps a slightly higher new money average that would provide bragging rights however briefly. I think he probably wanted the long term deal again, albeit not structured to flat salaries on the backend because that is what killed him in the second half of this deal. However if they can't fully guarantee his money because of the reallocation rule and the only alternative is signing bonus, a short deal is all they can legitimately offer since the level of bonus is tied to the length of any deal. I would imagine they are offering close to half of this money in signing bonus/first year salary (which for all intents and purposes is now banked). His problem in this deal is how to get it extended again in three years or less when he will be 36.

Quote:
Originally Posted by swheeler23
So Brady plays this year for 6.5. the contract doesn't start until next year? What if he is hurt? Isn't he taking all the risk?
Quote:
Originally Posted by signbabybrady
The guarentees would still be guarenteed just the way this is structured Brady doesnt see the money til next year. I am not a capoligist but this is the way I understand it. And I also believe this means none of the dollars get applied until future years which given this to be an uncapped year would seem odd as you could free up some money from the cap in theory. It is still early in the report and we should just wait for miguel to get it straight.
No, because while the extension starts next year the bonus for agreeing to it gets paid this year on top of his existing $6.5M. This has always been the only way to get an extension done for Brady or Manning absent the ability to fully guarantee future earnings.

From a cap standpoint it works OK for the team because 25% of the signing bonus plus $6.5M in present year salary and roster bonus will hit the cap in 2010 insuring that the cap hits over the next three seasons don't top roughly $16M. Assuming a cap in the $130M range going forward that's roughly 12% of cap to the QB, which is Bill's preferred limit.

Again, if signing bonus is used in lieu of fully guaranteed money, which is the only real option they have, it gets paid up front. Nobody signs an extension that pays nothing up front and just plays out the remaining year. It only sounds that way when they talk about retaining the existing year. In normal circumstances that bonus could be split into signing/option as Brady did last time. This time they can't guarantee his option with salary language because of that reallocation rule. So he needs to see essentially all his signing bonus money this season or he's taking the same kind of half assed not fully guaranteed deal that Ferguson and Mangold and likely when the terms are released Revis agreed to. I cannot imagine he or Manning agreeing to. I'm guessing his pure signing bonus money on this deal would be roughly $24M which when added to his existing $6.5M would mean he got a little more than half of his new deal up front (ergo guaranteed).

Paying his signing bonus up front shouldn't be a problem since Vince saw his ($18M) and in his case if they needed flexibility they could have gone the option route since his was essentially a FA signing of a new deal and not an extension. Same deal with Mankins, who while they chose to require he fold in a year at the RFA rate to lower his total average vs. average new money was signing a new deal that could included fully guaranteed money. Brady was the only big deal they faced that remained an extension subject therefore to the restrictive contract structure rules on extending players in an uncapped season. And when I say up front I mean he will see it BEFORE the next league year (they can easily dole it out in 2-3 increments between now and next March and it's still considered paid up front this year - teams do that a lot to ease cash flow).
MoLewisrocks is offline  
Old 09-07-2010, 10:06 AM   #63
Second Team and Threatening Starter's Job
 

Join Date: Mar 2006
Posts: 1,056
Default Re: WEEI/Rapoport: Brady deal "imminent" - 3 years, $58M

Quote:
Originally Posted by Uncle Rico View Post
With all due respect to Ian/Herald, still silence from Schefter/Reiss.

And this from Breer:

Albert Breer (albertbreer) on Twitter
Of course, WEEI and the Herald had this story first, so Breer got caught with his pants down. Reiss did as well, and he has been silent on it.
NE39 is offline  
Old 09-07-2010, 10:10 AM   #64
Moderatrix
 
patchick's Avatar
 

Join Date: Sep 2004
Location: MA
Posts: 10,336
Default Re: WEEI/Rapoport: Brady deal "imminent" - 3 years, $58M

Quote:
Originally Posted by NE39 View Post
Of course, WEEI and the Herald had this story first, so Breer got caught with his pants down. Reiss did as well, and he has been silent on it.
They're only "caught with their pants down" if the deal is actually announced soon, at the terms being reported. I'm hesitant to count chickens yet.
patchick is offline  
Old 09-07-2010, 10:11 AM   #65
Second Team and Threatening Starter's Job
 

Join Date: Mar 2006
Posts: 1,056
Default Re: WEEI/Rapoport: Brady deal "imminent" - 3 years, $58M

Quote:
Originally Posted by patchick View Post
They're only "caught with their pants down" if the deal is actually announced soon, at the terms being reported. I'm hesitant to count chickens yet.
Not me. Cluck, Cluck. This can't not happen, it wouldn't be fair.
NE39 is offline  
Old 09-07-2010, 10:12 AM   #66
Moderatrix
 
patchick's Avatar
 

Join Date: Sep 2004
Location: MA
Posts: 10,336
Default Re: Per WEEI - Brady deal done

Quote:
Originally Posted by Uncle Rico View Post
I believe Brady moved his weekly appearance from Monday to Wednesday this week. It would be awesome if that was because they're announcing the signing today.
It would be awesome indeed. But the fact that D&C were off for the long weekend seems the more likely reason, alas.
patchick is offline  
Old 09-07-2010, 10:12 AM   #67
Experienced Starter w/First Big Contract
 
Uncle Rico's Avatar
 

Join Date: Jan 2010
Location: North Shore. No; north of there.
Posts: 7,021
My Mood: Yeehaw
Default Re: WEEI/Rapoport: Brady deal "imminent" - 3 years, $58M

Quote:
Originally Posted by NE39 View Post
Of course, WEEI and the Herald had this story first, so Breer got caught with his pants down. Reiss did as well, and he has been silent on it.
I'm optimistic, but also being cautious (the Herald's record on breaking Patriots stories merits some caution, regime change or not).

The fact that someone is telling Breer "not so fast" is worth noting. and I don't get the sense that Reiss would hold off "re-tweeting" news from other sources to save face.
__________________
"If they sought to intimidate us, to terrorize us, to shake us from ... the values that make us who we are, as Americans -- well, it should be pretty clear by now that they picked the wrong city to do it. Not here in Boston. Not here in Boston."
—President Barack Obama, April 18, 2013



To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Last edited by Uncle Rico; 09-07-2010 at 10:13 AM.. Reason: took out radio appearance note, covered by previous psoter
Uncle Rico is online now  
Old 09-07-2010, 10:13 AM   #68
Second Team and Threatening Starter's Job
 

Join Date: Mar 2006
Posts: 1,056
Default Re: WEEI/Rapoport: Brady deal "imminent" - 3 years, $58M

Mike Reiss just tweeted this:

MikeReiss
Aware of Boston Herald/WEEI reports on 3-year extension being imminent for Brady. Working to attempt to confirm.

Last edited by NE39; 09-07-2010 at 10:14 AM..
NE39 is offline  
Old 09-07-2010, 10:15 AM   #69
Moderatrix
 
patchick's Avatar
 

Join Date: Sep 2004
Location: MA
Posts: 10,336
Default Re: WEEI/Rapoport: Brady deal "imminent" - 3 years, $58M

Quote:
Originally Posted by NE39 View Post
Not me. Cluck, Cluck. This can't not happen, it wouldn't be fair.
It's nice to here clucking here mean something other than "the sky is falling!"
patchick is offline  
Old 09-07-2010, 10:16 AM   #70
Third String But Playing on Special Teams
 

Join Date: Jul 2007
Location: Lancaster PA.
Posts: 994
Default Re: WEEI/Rapoport: Brady deal "imminent" - 3 years, $58M

Great news to hear the Goat will remain with us, but honestly I don't think one Patriots fan was doubtful for a second that this deal wouldn't get done.
Now lock up Moss for 3 years, Welker for a additional 3, In the near future i'd give Edelman a reasonable extension before he can test the market.
O yeah and trade that ungrateful hick Mankins for a draft pick and or pass rusher.
__________________
That trophy represents the team – I mean that word collectively, that is able to play the best season for the year that it's engraved. It doesn't mean anything about what happened the year before. It doesn't say what's the best team, which has the most talented players, which teams has the biggest payroll, smallest payroll. It stands for the team that played the best in that season. Put the number on there for that year. And the next year we start all over again everybody is at the same point."
Crazyeechrispats1 is offline  
Closed Thread

Bookmarks

Sponsored Links



Thread Tools
Display Modes


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Kevin Faulk deal imminent Willie55 PatsFans.com - Patriots Fan Forum 55 03-11-2010 04:41 AM
WEEI.com: 'Sea Bass' Deal Is Done Christopher_Price PatsFans.com - Patriots Fan Forum 3 07-16-2009 04:32 PM
WEEI.com: Quotes from Pioli on deal Christopher_Price PatsFans.com - Patriots Fan Forum 7 02-28-2009 10:21 PM
CBA Issue - Signing bonus can only be spread over 5 years now, 4 years in 2006 - Impact on Brady and Seymore? JoeSixPat PatsFans.com - Patriots Fan Forum 5 02-21-2005 07:37 AM



All times are GMT -5. The time now is 07:44 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2013, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0 PL2

© Copyright 2000-2012. PatsFans.com Is a Partner of USA TODAY Sports Digital Properties.
The opinions posted in this forum do not necessarily reflect the opinions of our staff at PatsFans.com or USA Today.
We are not affiliated with the New England Patriots™ or the NFL™. The Photo Used In the header was taken by Ian Logue.

This site is owned and operated by I&K Internet Design Enterprises, LLC


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566