PFT stirs pot regarding brady deal

[PatsFaninAZ]

I just wish the reporting would be done accurately here about the true economics.

In order to understand whether Brady is giving up anything or getting anything, you have to ask a pretty basic question: What would Brady get as a free agent in 2014 if he had not done this deal, and is it worth more than getting a guaranteed front-loaded $27 million now for three years?

If you look at the Peyton Manning contract, you have an answer. Manning signed it when he was under a year younger than Brady will be when he would have become a free agent. He got $80 million, 5 years, $58 million vested if he played one year, and all after three surgeries. So, how would Brady have done in 2014, Florio?

Let's ask the question a different way. Suppose two years ago you had given the Broncos an option -- pay Peyton Manning $27 million right now and he'll play for you for three years starting in a year, or wait the year and then pay him $80 million for 5 years with massive cap implications. Which do you think they would have taken, Florio?

The only way this works out good for Brady is (1) if he has a career ending injury in the next two years, or (2) he sucks so bad in the next two years that he would be unable to have found a 3 year/$27 million deal in 2014.

That is worth something -- no doubt about it. Is it worth $53 million? Nope.

 

[ctpatsfan77]

He's a slimy horrible little man. I wonder if its actionable.
watch his face. The Toad.

Since Brady and the Patriots are public figures, first they'd have to prove they were actually harmed by the article (unlikely) and then they'd have the additional burden of proving that Florio knew what he was printing was false, and published it anyways (even less likely).

 

[BrickPat]

Any non pat fan reading this thread may think we're a bunch of homers but at the end of the day PFT/Florio should put up or shut up. He can speculate and theorize all day about shennigans but his opinion has the weight of a flea's yam bag unless or until he can back it up with facts.

 

[PatsFanSince74]

Florio more than implies Pats "cheating". What's sad is that he cites what Elway and the Broncs did cheating the cap for 2 rings and all you read from fans below is Spygate.
Krafts tepid response to the furor over camera placement allowed his brand to be tarnished forever.

absolutely. i kept waiting for the damage control and instead they let the story run wild. we won't know why until someone writes a book, but the old argument that "fighting back would just have made things worse" after the penalties were handed out obviously doesn't hold here since things couldn't have gone much worse brand-wise than they did. somebody will probably write a B-school case someday on this as an example of how not to manage a crisis.

 

[PatsFanSince74]

There's a lot of money involved and this is an unusual, and threatening, move by Brady. So, yes, those who have nothing else to do will speculate and spin conspiracy theories. Just ignore it as best you can is my advice. The legacy of spygate is that people will assume "cheating" around every decision the Pats make that seems open to it in their minds.

 

[signbabybrady]

Because the site is an excellent place to go when you want football information



He's a smarmy little turd who makes his bones passing on info, but makes himself happy by trying to impose his brand of morality on others. Read him for the information. Mock him for his opinions.

Nah I would just rather not read him the NFL network and NFL.com and many other sites have me just as informed without as much BS. Shoot even ESPN is better.

 

[BradyManny]

Because the site is an excellent place to go when you want football information



He's a smarmy little turd who makes his bones passing on info, but makes himself happy by trying to impose his brand of morality on others. Read him for the information. Mock him for his opinions.

Usually, I would agree with you. But this time he couldn't even pass on the information. He mangled it the first go around, and presented it with his opinion - and has been trying to justify that opinion since then with even more overwrought and asinine analysis.

 

[BTTA]

The majority of comments are pro-Pats and pro-Brady. some even call the author out for poor journalism.

 

[patsinthesnow]

 

[Deus Irae]

Nah I would just rather not read him the NFL network and NFL.com and many other sites have me just as informed without as much BS. Shoot even ESPN is better.

Florio's an asshat, but he's developed a good website. When it comes to the breaking NFL news, no site on the internet is both better and faster than PFT.

 

[ay-yo]

Ill sum up this article:

I don't like the Pats and Brady just took a hometown discount which helps the team. Now I'm scared that the Pats will go on to win more SBs and break the records for consecutive wins that they already own. This sucks, better accuse them of cheating.

 

[grux]

Tom Brady is a winner and desperately wants to win at least one more super bowl. Agents are pissed because another player might take a home town discount and take money out of their pocket. Teams are pissed because we locked up the goat QB/Coach combination for the next five years and still have room under the cap to improve the team. Fans of other teams are jealous because Tom isn't on their team (Brady's contract doesn't sit well with me if I am a Denver fan). Tom Brady was telling the truth when he told Mr. Kraft " that he was the best decision this organization ever made".

 

[Rob0729]

PFT loves to play both sides of the argument on polarizing teams like the Pats. The next article will be overboard pro-Pats and the Pats haters will accuse them of being Patriots homers. It happens all the time.

Who cares?

 

[FalconHeavy]

.......

Who cares?

this sums it for me

 

[Patriot Missile]

Reports are he's getting a 30 million dollar signing bonus and the deal is worth 57 million total. 19 million a year? Is that really a huge discount or just a shrewd move by the front office and TB?

Maybe I'm wrong? Never done well with these things.

 

[andrewgarrr]

PFT should just stick to reporting the news...

 

[Koma]

On the way home, I heard ESPN radio report that the Steerlers are working on restructuring Roethlisberger's deal. PFT has 2 articles up about it, but neither mention secret side deals, potential salary cap violations or Roethlisberger's rape allegations.

I was and still am totally shocked.

 

[Ice_Ice_Brady]

I don't really see why either side of the coin is more right than another right now. Florio really went too far, almost obsessively, to post articles throughout the day to "prove" that this wasn't a true discount. I have no idea why he felt the need to do that, considering that no one expected Brady's guaranteed money to go down, yet Florio acts like he's trying to break Watergate.

What this deal really is:

-A creative way of pushing back money by adding an extension of three years, which will help spread out the cap hits.

-Potentially a hometown discount (we won't know until 2015 comes along if this was just a maneuver or if Brady really would play for that discount.)


So what did Brady really give up?

His contract is now in the hands of the Patriots for 2015-17, and technically they can do whatever they want. Brady gave up an option to seek free agency after the next two seasons. In terms of the actual dollar amounts, players renegotiate contracts all the time, they hold out, etc. Time will tell if Brady would play for half his market value or not. Brady may retire after 2014, and in that case, he still makes about the same amount of money over the next two years, but he has better players around him, as these last two contract years would be voided, and the 3/27 doesn't even come into play any more, so it would be a hometown flexibility move versus a hometown discount.

This was a great way to deal with the present in the present without destroying the future with a desperation move.

 

[Uncle Rico]

PFT should just stick to reporting the news...

Do they actually report news? I thought they just regurgitated and summarized what other people wrote, then wrote "analysis" columns about the news.

 

[patfanken]

The bottom line here is that he is getting $3MM more over the next 2 years. So its true, he'll be be making elite money over that time. However he'll be making around $10MM/yr over the last 3 years of the contract. Bottom line, his cap number is $8MM LESS than it would have been, and those numbers will average a very affordable $15MM/yr. over the rest of his career. Meanwhile guys like Brees and Manning will have cap numbers approaching $30MM as they close out their careers.

Maybe what Brady did will shame them into doing something similar. No matter how good a QB is, there is STILL going to be a number that makes him a detriment to the overall salary structure.