PatsFans.com Menu
PatsFans.com - The Hub For New England Patriots Fans

Patriots May Need to Get Creative on Brady's Next Contract


Status
Not open for further replies.
It is just you. BTW, given that Breer is going by what Ian Whetstone and I told him it is Ian and I whom you are suggesting are double-dipping. Breer was able to corroborate our numbers.

The CBA says:
"Any amount specified to be paid for the exercise of an option by a Club to extend the term of a Player Contract shall be treated as signing bonus, prorated over the remaining term of the contract commencing in the
League Year in which it is exercised or the last League Year in which the option may be exercised, whichever comes first. Such an option amount shall, immediately upon execution of the contract, renegotiation or extension, be included in any calculation for purposes of the 30% Rule, set forth above, prorated over the remaining term of the contract commencing in the last League Year in which the option may be exercised. "

Look at Kevin Kolb's contract.

2009 Paragraph Salary of $460,000. 30% of $460,000 is $138,000.
2010 Paragraph Salary of $715,000.
2011 Paragraph Salary of $1,392,000.

The only explanation that this contract was allowed with salary increases larger that $138,000 and it was allowed is the 2009 proration of Kolb's 2008 option bonus is included in the calculation.

460,000 + 415,625 = 875,625. 30% of 875,625 is $262,687.50.

2009 460,000 415,625 875,625
2010 715,000 415,625 1,130,625 130% of 875,625 is 1,138,312.50
2011 1,392,000 130% of 1,130,625 is $1,393,312.50

I get it now. And FWIW you were misunderstanding what I was questioning... It was the convoluted way Breer was trying to frame his explanation for effect that threw me. I wasn't contending that option bonus proration couldn't be used (although I had forgotten it could be even though Adam blogged it could last March). But the way Breer was presenting his explanation without stipulating he was already calculating at 130% was way too confusing for me to decipher after 11PM...and it sounded like he was trying to add in a second proration of the option bonus...

AdamJT13: A loophole around the NFL's 30 Percent Rule .
 
Last edited:
Status
Not open for further replies.


It’s Already Maye Day For The Patriots
TRANSCRIPT: Patriots OL Caedan Wallace Press Conference
TRANSCRIPT: Eliot Wolf’s Day Two Draft Press Conference
Patriots Take Offensive Lineman Wallace with #68 Overall Pick
TRANSCRIPT: Patriots Receiver Ja’Lynn Polk’s Conference Call
Patriots Grab Their First WR of the 2024 Draft, Snag Washington’s Polk
2024 Patriots Draft Picks – FULL LIST
MORSE: Patriots QB Drake Maye Analysis and What to Expect in Round 2 and 3
Five Patriots/NFL Thoughts Following Night One of the 2024 NFL Draft
Friday Patriots Notebook 4/26: News and Notes
Back
Top