Report: Tom Brady signs 3-year extension with Patriots

[Patsrock]

One bad thing about this deal is that it means that the Ravens may not have to spend as much to franchise Flacco. Brady's change in salary will affect Flacco's tender number if he gets the exclusive rights franchise tag which they are rumored to be considering. They may get a couple of million in cap space because of the Brady deal if they have to franchise Flacco.

It will have no bearing on this years tag numbers/

Those numbers already set. This years tag numbers are not based on 2013 salaries. And now the tag numbers are based on 5 previous seasons.

http://sports.yahoo.com/blogs/nfl-s...e-tag-window-opens-monday-130931912--nfl.html

 

[Rob0729]

It will have no bearing on this years tag numbers/

Those numbers already set. This years tag numbers are not based on 2013 salaries. And now the tag numbers are based on 5 previous seasons.

Y! SPORTS

It does have a bearing on the exclusive right's tag. The regular franchise tag is set, but the exclusive rights franchise tag is the average salaries of the top 5 players at your position in the current year (2013) and that can go up or down based on extension, new contracts, or players being cut.

The article you linked only talks about the regular franchise tag, not the exclusive rights tag.

 

[PatsFaninAZ]

One bad thing about this deal is that it means that the Ravens may not have to spend as much to franchise Flacco. Brady's change in salary will affect Flacco's tender number if he gets the exclusive rights franchise tag which they are rumored to be considering. They may get a couple of million in cap space because of the Brady deal if they have to franchise Flacco.

For the record (although I could be wrong) I don't think the change to Brady's cap number will affect the tender amount to Flacco, but will affect the cap hit if they franchise him. Essentially, Brady drops out of the top 5 and whomever is number 6 (Brees, I think) moves up. Brees has a cap hit of 17.4 million. Brady was at 21.55 million, for a difference of 4.15 million. 4.15/5 is .83, so the most the Ravens can save under the cap by virtue of Brady's deal is 830,000.

Also, if Rogers signs an extension, he will likely jump into the top 5 and thus bring the average back up. One thing that could bring it down more, though, is if Roethlisberger restructures and drops out of the top 5.

 

[Rob0729]

For the record (although I could be wrong) I don't think the change to Brady's cap number will affect the tender amount to Flacco, but will affect the cap hit if they franchise him. Essentially, Brady drops out of the top 5 and whomever is number 6 (Brees, I think) moves up. Brees has a cap hit of 17.4 million. Brady was at 21.55 million, for a difference of 4.15 million. 4.15/5 is .83, so the most the Ravens can save under the cap by virtue of Brady's deal is 830,000.

Also, if Rogers signs an extension, he will likely jump into the top 5 and thus bring the average back up. One thing that could bring it down more, though, is if Roethlisberger restructures and drops out of the top 5.

It will affect his tender offer, but you may be right that it will be less than a million difference. I don't know the cap hits for the top QBs in the league. So it may affect it less than I thought.

I actually figured Brees was already in the top 5. The fact he isn't after getting a blockbuster deal tells me there a couple of QBs getting grossly overpaid.

 

[Patsrock]

It does have a bearing on the exclusive right's tag. The regular franchise tag is set, but the exclusive rights franchise tag is the average salaries of the top 5 players at your position in the current year (2013) and that can go up or down based on extension, new contracts, or players being cut.

The article you linked only talks about the regular franchise tag, not the exclusive rights tag.

I didn't know about the exclusive. But the change is less than 1 million.

 

[ausbacker]

Tom Brady is the greatest human alive.

 

[PatsFaninAZ]

Our friend Jason had Brady at a cap figure of $21.8 million for this season, and this extension drops that down to $13.8 million, so the deal adds $8 million in cap space for this year -- as well as more (about $7 million I believe) for the 2014 season.

The numbers I've seen were: 2013 21.55m - 13.8m = 7.75m; 2014 21.55m - 14.8m = 6.75m.

Cap hits in future years: 2015: 13m. 2016: 14m. 2017: 15m.

Given that the salary cap is expect to start to rise in 2015, this is equally significant. Assuming a $130 million cap in 2015, Brady will only be at 10 percent of the cap.

 

[ay-yo]

This literally made my day. Brady is the friggin man and off season speculation just go a hell of a lot more fun for us pats fans. All hail the GOAT.

 

[Brady6]

Tom Brady defines everything and anything good about professional sports. He is one of the true great American athletes of all time.

I am grateful for him as a fan and as a father of a son who someday may play football and I will point to TB as an example of what men and winners do and how they behave.

 

[Patsrock]

It will affect his tender offer, but you may be right that it will be less than a million difference. I don't know the cap hits for the top QBs in the league. So it may affect it less than I thought.

E.Manning 20.850
M.Stafford 20.820
P.Manning 20.000
Big Ben 19.595
D.Brees 17.400

Total 98.665
Avg 19.733

With Brady 103.065
20.613

Diff 880,000

 

[ctpatsfan77]

Uggs must have given TB a helluva raise

Well that or Under Armour's value has gone through the roof.

 

[kennyb]

I called it! Kind of. Money mean little to brady now. I'm glad he just wants a better shot at a ring.

 

[Rob0729]

E.Manning 20.850
M.Stafford 20.820
P.Manning 20.000
Big Ben 19.595
D.Brees 17.400

Total 98.665
Avg 19.733

With Brady 103.065
20.613

Diff 880,000

I'm not doubting it. I just assumed that the drop off from Brady and the #6 guy was more than it is.

 

[Patsrock]

Where is Deus Irae and a bunch of other people who need to eat some crow? I said Brady logically SHOULD do this.

They told me:

1. I was an idiot, and it was an idiotic suggestion.
2. Regardless, IT WOULD NEVER HAPPEN
3. He would never take 5M less than the going rate.
4. He was an NFLPA rep, so he couldn't take less than the going rate (it would look bad?)
5. He "owed" it to the league not to take less than the going rate.

Yeah, I'm an idiot. And Brady is too, I guess.

Go to post 63

http://www.patsfans.com/new-england...008480-bradys-contract-page2.html#post3381900

 

[Brady6]

Well that or Under Armour's value has gone through the roof.

His wife is the bread winner he hangs out and plays kids games

 

[kennyb]

Go to post 63

http://www.patsfans.com/new-england...008480-bradys-contract-page2.html#post3381900

I saw that. Very gracious, I must say.

 

[PatsFaninAZ]

It will affect his tender offer, but you may be right that it will be less than a million difference. I don't know the cap hits for the top QBs in the league. So it may affect it less than I thought.

I actually figured Brees was already in the top 5. The fact he isn't after getting a blockbuster deal tells me there a couple of QBs getting grossly overpaid.

Brees' contract must be really weird. He is too expensive to keep after 2014. His cap number jumps from 18.4 million in 2014 to 26.4 million in 2015 and 27.4 million in 2016. So, he'll have to restructure.

I use spotrac.com for cap numbers. It looks to me as though, with Brady dropping out, the top 6 are:

1) Stafford $20.82 million.

2) E. Manning $20.35 million.

3) P. Manning $20 million.

4) Roethlisberger $19.6 million.

5) Brees $17.4 million.

6) Rivers $17.1 million.

So, if nothing changes, an exclusive franchise on Flacco would mean a cap hit of $19.634 million. If Brady had not restructured, it would have been $20.464 million. If Roethlisberger restructures and gets his 2013 cap number below Rivers' $17.1 million, the cap hit for a Flacco franchise would drop to $19.134 million.

 

[Sciz]

Didn't they redo how the franchise tag amounts are calculated so it's not just a simple average of the top 5 in the given year?

 

[PatsFaninAZ]

Didn't they redo how the franchise tag amounts are calculated so it's not just a simple average of the top 5 in the given year?

I'm a bit out of my league here, but oversimplifying it, I believe that they changed the way the tender is calculated, but the cap hit still looks at the cap hits of the top 5 at the position.

 

[Hdlsa]

I appreciate that Brady signed such a cheap extension but if he is so committed to helping the team and winning another ring why doesn't he sign for veteran minimum? He already has made more money than he and his family could possibly spend for several lifetimes and his wife is worth 2x that amount. The Brady family could live lavishly off perpetuities from interest, investments, and endorsements and still end up with more money at the end of the year.

We already know Brady is insanely competitive and that winning more rings is incredibly important to him and his place in history. Therefore, why doesn't he play for peanuts and free up even more cap space to improve his chances? He will have the rest of his life to amass more wealth by investing the money he already has but he will only be able to compete for a ring for roughly 4-5 more years. I would think that winning another superbowl or two and going down as the greatest and most successful quarterback in history would be worth more than any amount of money considering the fortune he already has.

I'm not bitter or mad at Brady, I'm just legitimately curious why he plays for anything over vet minimum when it would be almost guaranteed that he wins at least one more superbowl if we could put his salary towards paying a big name FA and still get all the other FAs we need.