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Are we on the cusp of Brady deal??

Discussion in 'PatsFans.com - Patriots Fan Forum' started by fgssand, Aug 6, 2010.

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  1. fgssand

    fgssand PatsFans.com Supporter PatsFans.com Supporter

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    #17 Jersey

    Per Adam Schefter on ESPN NFL Live just now.............he went with story that Troy Brown says a deal will be done before next Thursday nights game.....FWIW.

    And here is more on "it is what it is"


    Schefter also addressed the contract negotiations between the Patriots and star quarterback Tom Brady. Many in New England are worried that it will take some time for a deal to be completed, if it even is completed. Schefter did not seem nearly as worried.

    “I won’t answer specifically about when it’s going to get done. Let’s just say this: It’s going to get done,” he said.

    http://itiswhatitis.weei.com/
    Last edited: Aug 6, 2010
  2. Reckedtrek

    Reckedtrek Rookie

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    Yeah- I heard that too. It will be awesome if they are correct.
  3. Uncle Rico

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    Sounds promising, coming from Schefter with his track record. But I just want to be sure I read this right: His source is Troy Brown?
    Last edited: Aug 6, 2010
  4. Deus Irae

    Deus Irae PatsFans.com Retired Jersey Club PatsFans.com Supporter

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    Troy wasn't talking from knowledge. He was just saying "It has to be, look at what happened to Dumervil.".
  5. TommyBrady12

    TommyBrady12 Rookie

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    then shortly thereafter peyton's deal will get done and we have to listen to the media about how much peyton deserved it more than brady/ :rolleyes:
  6. Reckedtrek

    Reckedtrek Rookie

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    Troy Brown was on with Dale Arnold today and Schefter joined them. It wasn't a tough choice to listen to WEEI when 98.5 had on Gasper (?!!) as their special guest. Very special.
    Last edited: Aug 6, 2010
  7. Uncle Rico

    Uncle Rico Rookie

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    I'm waiting for Gasper's voice to change before I listen to him again. It's an awkward phase he's going through, but we've all been there.
  8. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    Think someone has been working with Troy, he came across much smoother than he has in the past.. nice to hear him on the radio, and he will be on the WEEI pre game show as well..
  9. woolster22

    woolster22 Rookie

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    I am sick of this contract nonsense. Who cares. If it gets done, we'll hear about it. If it doesn't, liwuor sales will spike dramatically as Pats fans across NE drown their sorrows.
  10. BradyFTW!

    BradyFTW! PatsFans.com Supporter PatsFans.com Supporter

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    #12 Jersey

    Schefter's pretty much always correct: he doesn't go out on a limb like that unless it's a slam dunk.
  11. signbabybrady

    signbabybrady On the Roster

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    I dont know about who cares but I think we will all be happy when its over and he is here for the rest of his career.
  12. Reckedtrek

    Reckedtrek Rookie

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    Somewhat unrelated, but about Troy. I used to be in tech support for a manufacturer of physical exercise/gym equipment, and took a call from Troy. His stair stepper went south on him. I was on the phone with him about 25 minutes troubleshooting. He was very nice, very decent and at no point pulled the star treatment "do you know who i am?!" bit. He was calm and was exactly like you hear/see him in interviews. Needless to say I was a "little" excited after the call, and was also very impressed by his good nature.

    Troy IS the man! :rocker:
  13. fgssand

    fgssand PatsFans.com Supporter PatsFans.com Supporter

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    Continuing to run off topic even more, since you started it.....and it's cool...

    Thanks for that story, kind of confirms what we all believe to be true about the guy....class act all the way. You can tell a lot about athletes, actors, famous people etc, by the way the way they treat the people around them in everyday life.

    Had dinner with a patriot scout the other night at a vip practice.....he explained that he will go beyond the usual coach/trainer/teacher sources when he is trying to find out about a prospects character. He said he actually will go to the local gas station and dry cleaners and ask the clerks that deal with these guys if he is a jerk or nice guy. Said that the patriots preach good character and mean it - not neccasarily angels mind you, but certainly not bad apples and you can tell the difference for sure.

    Nice to hear about some of the good guys, like Troy Brown when there are so many jerks and stories about the jerks filling the airwaves.
  14. MoLewisrocks

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    Former players knowledge of cap, contracts and CBA often leaves much to be desired. That said, Dumervil's deal underscores why you don't want to do a deal in this atmosphere. He may be yet be potentially screwed by it because of the half baked, rolling guarantees and the possibility of a delayed 2011 league year or lockout. The only way to do a deal for Brady or Manning at this juncture that fully guarantees they see in excess of $50M or in excess of half of the deal is to hand them all the money aside from 2010 salary in for form of an up front signing bonus. That signing bonus would hit the future cap at the rate of $8-9M per before salary. Not a big deal this season, but coupled with the salaries needed to round out the deal, could be a huge issue come 2012-2014. Absent restrictions a goodly portion of those guarantees could come in the form of parts of future salary or guaranteed option bonuses. And while few players could be presumed to be adverse to getting handed all their money up front, I think these two understand that financially hamstringing the franchise can be detremental to your legacy. I know Tom gets that. Peyton may be starting to...
  15. farn

    farn Rookie

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    I totally expected it would... but sports are a crazy business. Because of that - I am VERY pleased to hear Schefter's analysis... He is almost always legit.
  16. Deus Irae

    Deus Irae PatsFans.com Retired Jersey Club PatsFans.com Supporter

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    I think you've got this just about 180 degrees out of turn, so we'll have to agree to disagree.
    Last edited: Aug 7, 2010
  17. MoLewisrocks

    MoLewisrocks PatsFans.com Supporter PatsFans.com Supporter

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    Really? But you don't want to explain what it is you think I've got backwards, eh? LOL

    Most former players who talk to the cap or contracts or the CBA do so with about as much credibility as our local media. Most don't know roster rules and the like, either...

    There is a fine explanation about Dumervil's situation from Andrew Brandt over on NFP. And a similar explanation of Andre Johnson's extension from LaCanfora over on NFL.com. His deal is predicated on achieving performance escalators over the next 5 seasons...a couple of down years or injuries to himself or his QB and his status as the highest paid WR in the league evaporates...and he can't really do anything about it because he further agreed to millions being tied to 90% attendance at off season workouts and full attendance at OTA's and camp...

    Because of the reallocation rule they pretty much can't fully guarantee anything to these veteran QB's in an extension. That makes it hard to construct a contract with anything actually guaranteed beyond signing bonus. That bonus is limited to 5 year amortization under an expiring CBA. Once money is amortized it can never be moved short of accelerating in the event a player is cut, traded or retires. Brady's last deal divided his bonus money between signing bonus that was spread over 6 years and a guaranteed option bonus that was spread over the remaining 5. He also had portions of later salaries guaranteed. All of which facilitates the cap covering some of the guaranteed expense of these mega deals.

    Manning's deal spread the signing bonus over 6 years and then his 3 roster bonuses in years 3-4-5 were converted and spread over the remaining years in his 9 year deal including even into his voidable years (2010 and 2012) which technically remain until he officially voids them after 2010. That amortized money will remain on the cap in those years in addition to any amortization from his new deal. Polian has always been down with the revolving credit contract plan, probably preferring to eat some dead cap AFTER Manning is gone rather than deal with it while he's still here...because Irsay was never in a position to compete otherwise. He had to sell personal assets to fund a substantial chunk of Manning's last signing bonus.

    Even Bradfords deal, which could contain fully guaranteed salaries because it is a new deal and not an extension, only averages $12.5M per if he sees the whole 6 years. And we have yet to see any details on the level of guarantee of that $50M and what hurdles he has to clear playing time wise in order to achieve it. He isn't getting that up front. Manning and Brady as they have in the past will get deals without hurdles, and they will average in excess of $16M per.

    Kraft has already handed Wilfork $18M in bonus money and Bodden is estimated to have gotten $6M. The rookies and other signings and what they likely set aside earmarked for Mankins probably totals another $20M+. $45M or so in bonus money. Kraft doesn't have the net operating income to pay out $95-100M in cash over cap in one season. About the only owner who does is Snyder. The most recent 2009 Forbes guesstimates had our 2008 operating income at $70M. Indy was at $56M. That is where bonus money (as well as all other operating expenses like coaching salaries and franchise and stadium operations) comes from.

    Unless you are suggesting Kraft borrow from his other businesses or a bank... or Brady agree to accept rolling guarantees that aren't guarantees at all...things that good business wouldn't do, they aren't on the cusp of a deal. I'm sure they have parameters in place. The rub remains how to construct a deal so that one or the other or both sides aren't screwed to some extent. Brady is one player I'm sure understands all the nuances of cap and contracts. And if Manning isn't, Condon certainly does. Some players and agents have chosen to accept the best deal they can get at this juncture. Most of them had yet to bank a fraction of what these two have, and facing 2011 banking a few million more in 2010 may have appeared to them to be their best option. Most will be singing a different song in a couple of years when faced with the insecurity earning their so called guarantees or the expense of insuring them out of pocket (not to mention the daunting task of convincing an Insurance Company that your career is over due to career ending injury as opposed to mere wear and tear or injury induced decline).

    Guaranteeing these two $50M isn't going to pose a problem. How to pay it to them without severely hamstringing yourself going forward or undercutting the league's position that player expenses are rising faster than revenue can increase remains an issue. The only way these deals get done this season is if the players opt to roll the dice on the deals that should take them to retirement...and I can't envision either of them doing that. Tom rolled the dice back in 2005 when he signed a cap friendly frontloaded deal he was never intended to play the final two seasons of. Unfortunately for him the unthinkable happened and in the 4th year of that deal the owners opted out of the CBA... I think Tom is done rolling the dice in the short term and coming up short in the long run.
  18. Miguel

    Miguel Patriots Salary Cap Guru PatsFans.com Supporter

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    There are two other ways
    1.) a supersede signing bonus.
    2.) a completion bonus.
  19. MoLewisrocks

    MoLewisrocks PatsFans.com Supporter PatsFans.com Supporter

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    Again, those are not dead lock guaranteed. There are conditions attached. These two are beyond having to settle for that. Short of the standard caveat about getting kicked out of the league for off field or steroid suspension, Brady was getting his $26.5M in 2005 if he slipped in the shower and ended his career the day he signed the deal without ever taking a snap because his option was guaranteed. And maybe more due to dead cap consequences. Ditto Peyton.
  20. Miguel

    Miguel Patriots Salary Cap Guru PatsFans.com Supporter

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    How are they not dead lock guaranteed?
    What conditions are attached?
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