Report: Tom Brady signs 3-year extension with Patriots

Class Act! Company Man just wants to win at all costs well in this case less cost. Sometimes less is more. Hook it up Bill!

Thank you, Tom Brady. Seriously. You ARE the man. Now, bring back that passion and fire to every game and you'll get rings 4,5, and 6 and be able to retire as, unquestionably, the GOAT..

Re: Breaking: Brady restructures? per King

BSR said:

I was thinking along the same lines, but someone else pointed out to me that it could also be a message to Welker. If TFB is willing to take a paycut maybe he doesn't need every last dollar either.

Either way TFB should get a ton of praise thrown his way for this. How can anyone ask more from their QB?

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The Pats backed the Brinks truck up on the contract that Brady is currently playing under. So I don't think it's a message to Welker to take less. I think it's a message to the Pats to get a god damn deal done.

Jason La Canfora ‏@JasonLaCanfora
Brady's deal also helps them extend key younger players. The $27M is largely guaranteed. The sides could always redo it in future years too

Deus Irae said:

Dear Jets fan:


Tom Brady will count $13.8 million dollars against the cap this season. Mark Sanchez will count $12.85 million dollars against the cap this season.

Have a nice day.



Sincerely:
New England Patriots fans.

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Do you know what Brady's cap number was prior to the extension? How many dollars did this free up, and how much do we have now? This question is open to anyone...

We are the luckiest fans in sports.

This just makes my love the man even higher! Thank you! He really isn't in it for the money! He loves the sport and he loves this team! And we love him!

Ice_Ice_Brady said:

Do you know what Brady's cap number was prior to the extension? How many dollars did this free up, and how much do we have now? This question is open to anyone...

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Was posted earlier in the thread. Cap charge was estimated at $21.8M, now estimated at $13.8M for a savings of $8M. Also will save them about $7M on 2014's cap charge.

Hammer of Thor said:

Was posted earlier in the thread. Cap charge was estimated at $21.8M, now estimated at $13.8M for a savings of $8M. Also will save them about $7M on 2014's cap charge.

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Right.
Brady was due $22M over each of the next 2 years. So tack on 3 years and $27M that's 5 years at $71M.

Does this mean that the cap hit numbers that Peter King cited are the new numbers that Brady makes?

Any cap experts out there?

Re: Breaking: Brady restructures? per King

KontradictioN said:

The Pats backed the Brinks truck up on the contract that Brady is currently playing under. So I don't think it's a message to Welker to take less. I think it's a message to the Pats to get a god damn deal done.

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The more I think about it, the more I think it is both. Maybe I am overstating it, but to me its one of those actions that sends a message to the entire team. Time to stop f'ing around. Brady is putting his money where his mouth is and he is going to expect everyone around him to step up. Not necessarily with money, but with commitment to winning.

PatsFaninAZ said:

We are the luckiest fans in sports.

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-King is reporting we have over 30 million in cap space this year and next year.
-We were just in the AFCCG without Gronkowski playing.
-We have tons of young talent everywhere that will continue to improve.
-Jets, Steelers, Colts, Ravens, Redskins, Giants, and pretty much every relevant team besides the Bengals are all in cap jail and/or aging across the board
-There are a lot of relevant free agents available this offseason.


We are so spoiled.

Re: Breaking: Brady restructures? per King

Ian.

please.

from the bottom of my heart.

The next person that *****es abut Brady.

Just ban them.

We all have your back if you take this courageous decision.

Tom Brady will be a Patriot for life !!!!

Rich Cimini ‏@RichCimini
Stat of the day: Brady signs 3-yr, $27M extension w/ NE. One year ago, Mark Sanchez received a three-year, $40M extension from the #Jets

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how incredible is that??

patfanken said:

I love Brady as much as the next guy, but I think his signing is the rare recognition of an athlete who understands that he is never going to be as good at 40 as he was at 25-30. By 2015 Brady will still be a very good QB, but its unlikely he'll be a $20/MM/yr QB What he's done is NOT take a hometown discount, but be willing to allow the Pats to pay him true value at the end his career, rather than overpay him for past services like we see so many athletes get at the end of their careers.

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I don't think I really understand the point here. Your market value simply is what someone else will pay you. Calling it an overpay doesn't change the fact that it is what your market is.

There is no conceivable universe in which a 37-40 year old Tom Brady is worth only $9 million per year. Nothing close. His only true comp in the NFL is Peyton Manning, who is due to make $20 million/$20 million/$19 million and $19 million at ages 37-41. The first two years of that are set to vest in a week or so.

To put this more simply, Brady took a shorter deal to make less than half of what Manning makes at the same ages.

This move is unprecedented. It is unbelievable.

What's important in the wake of the Brady extension is what that $7-8MM more in cap space means. The most obvious effect is that we have enough cap space to easily sign 2 of our 3 big FA's It also show's that the $18MM in increased cap space that Mo speculated on in the GM thread, is not only realistic, but makes sense both short AND long term, so who knows how much money we will eventually have to spend by the time March 14th comes around

From what's reported the Pats remained consistent by not going for an extreme short term gain, but have positioned themselves such that Brady, while still a big expense isn't going to be an exorbitant one as he ends his Patriots career.

There is going to be a lot of speculation that this deal is in someway contingent on some kind of Welker deal. I don't think so, but its hard not to make this connection given we are well into the heart of the speculation season. If Brady wants to have Welker have more money, he fully capable of giving him all he wants.

No, this deal was being done long before it was announced, and while it give the Pats more money to afford Welker, they could very well decide to spend it on Volmer Talib or some other FA. Personally I have no feel as to who that are targetting.

and it begins on the jets boards

TheGangGreen.com Message Board - View Single Post - Brady Watch - Playoffs since the injury

PatsFaninAZ said:

I don't think I really understand the point here. Your market value simply is what someone else will pay you. Calling it an overpay doesn't change the fact that it is what your market is.

There is no conceivable universe in which a 37-40 year old Tom Brady is worth only $9 million per year. Nothing close. His only true comp in the NFL is Peyton Manning, who is due to make $20 million/$20 million/$19 million and $19 million at ages 37-41. The first two years of that are set to vest in a week or so.

To put this more simply, Brady took a shorter deal to make less than half of what Manning makes at the same ages.

This move is unprecedented. It is unbelievable.

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I understand your point, and you're correct but not entirely for the right reasons. Contracts often don't pay you what you're worth at the end of the contract, it's overpaying the end of the contract to get you under contract when you actually are worth it. It's like in baseball and hockey where those mega long deals are almost never close to correct value at the end of the contract.

Brady took a mega paycut. But it's not necessarily even because he'd be playing at a 2007 level in 2017.

Excellent! I'm so glad he's signed for that long! :rocker:

Makes plenty of sense. He wants that 4th ring and doesn't need the money since giseles salary more than makes up for it.