Welcome to PatsFans.com

Report: Tom Brady signs 3-year extension with Patriots

Discussion in 'PatsFans.com - Patriots Fan Forum' started by Don_the_patfan, Feb 25, 2013.

Thread Status:
Not open for further replies.
  1. Don_the_patfan

    Don_the_patfan On the Game Day Roster

    Joined:
    Oct 1, 2005
    Messages:
    426
    Likes Received:
    2
    Ratings:
    +3 / 0 / -0

    #12 Jersey

    Breaking: Brady restructures? per King

    More cap room ladies and gents.
     
  2. Spergon Wynn

    Spergon Wynn On the Game Day Roster

    Joined:
    Apr 16, 2012
    Messages:
    397
    Likes Received:
    0
    Ratings:
    +0 / 0 / -0

    King: Brady signs contract to make him "Patriot for life"

    Just reported. Waiting on details.

     
  3. Don_the_patfan

    Don_the_patfan On the Game Day Roster

    Joined:
    Oct 1, 2005
    Messages:
    426
    Likes Received:
    2
    Ratings:
    +3 / 0 / -0

    #12 Jersey

    Re: Breaking: Brady restructures? per King

    There you go cant wait for details but sounds good.

    Edit: Details

    http://sportsillustrated.cnn.com/nfl/news/20130225/tom-brady-new-england-patriots-contract/

     
  4. jmt57

    jmt57 Moderator Staff Member PatsFans.com Supporter

    Joined:
    Aug 13, 2005
    Messages:
    13,594
    Likes Received:
    266
    Ratings:
    +795 / 1 / -3

    Tom Brady, New England Patriots agree on three-year extension - NFL - Peter King - SI.com

    Though it kills me that Peter king of all people is the person that got the scoop.


    Amazingly, according to the source, the deal is for an eye-poppingly conservative $27 million, which is less than half his worth by any measure.

    The extension will pay Brady a $3 million signing bonus immediately, in addition to salaries of $7 million in 2015, $8 million in 2016 and $9 million in 2017. Brady told Sports Illustrated five years ago he wanted to play until he was 40, at least, and this will accomplish that. He turns 40 on Aug. 3, 2017.

    The upshot of the deal is to give the Patriots massive cap relief in a flat-cap era. He was due to count on the New England salary cap $43.6 million in 2013 and 2014. Now, his cap numbers will add up to $28.6 million in the next two years, a savings of $15 million in cap dollars at a time the Patriots have free agents they want to sign to help keep the team atop the AFC East, which they have dominated since Brady took over at quarterback in 2001.

    After the Patriots move money around to lessen the blow of Brady's money in a flat-cap era -- the NFL's salary cap is expected to be virtually the same in the next two years as it was last season, about $121 million a year -- here will be Brady's cap numbers over the next five seasons, according to a source with knowledge of the contract:

    2013: $13.8 million.
    2014: $14.8 million.
    2015: $13 million.
    2016: $14 million.
    2017: $15 million.


     
    Last edited: Feb 25, 2013
  5. Uncle Rico

    Uncle Rico Veteran Starter w/Big Long Term Deal

    Joined:
    Jan 26, 2010
    Messages:
    9,728
    Likes Received:
    314
    Ratings:
    +803 / 1 / -5

    No Jersey Selected

    Re: King: Brady signs contract to make him "Patriot for life"

    Brady, in essence, has signed for three more seasons at less than half the going rate for star QBs--so the Patriots can spend on others.

    From King Twitter
     
  6. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

    Joined:
    Sep 13, 2004
    Messages:
    31,916
    Likes Received:
    285
    Ratings:
    +775 / 17 / -22

    #24 Jersey

    Re: King: Brady signs contract to make him "Patriot for life"

    Jeff Howe‚ÄŹ@jeffphowe

    Tom Brady and the Patriots have agreed to a three-year, $27 million contract extension, according to Sports Illustrated.


    Peter King‚ÄŹ@SI_PeterKing

    Brady, in essence, has signed for three more seasons at less than half the going rate for star QBs--so the Patriots can spend on others.
     
  7. tonyto3690

    tonyto3690 Banned

    Joined:
    Nov 18, 2012
    Messages:
    896
    Likes Received:
    0
    Ratings:
    +0 / 0 / -0

    Re: Breaking: Brady restructures? per King

    Saves us 7 million in cap space this year and next year.

    Wow.

    Big free agency period coming up.


    EDIT:
    don beat me to it.


    Also LOL. Jets, Steelers, Ravens, Giants all in cap hell. Even the Packers are moderately strapped and Niners have a ton of big contracts coming up.

    Besides Bengals, Patriots are I'm pretty sure the only playoff team with cap space.


    I wonder if this was done with the nod "I'm giving you space, you have to use it it on Welker".

    EDIT2:
    Just looking at that... We're getting MVP, top 3 calibre QB for 5 more years for about 14 million per year.
    Meanwhile Joe Flacco is asking for 7 years 140 million. LOL
     
  8. Uncle Rico

    Uncle Rico Veteran Starter w/Big Long Term Deal

    Joined:
    Jan 26, 2010
    Messages:
    9,728
    Likes Received:
    314
    Ratings:
    +803 / 1 / -5

    No Jersey Selected

    Re: King: Brady signs contract to make him "Patriot for life"

    Goes through 2017, when Brady is 40. Per King.
     
  9. Brady_to_Moss

    Brady_to_Moss Revis Island is here PatsFans.com Supporter

    Joined:
    Jul 21, 2007
    Messages:
    20,921
    Likes Received:
    987
    Ratings:
    +2,487 / 20 / -8

    #95 Jersey

    Re: King: Brady signs contract to make him "Patriot for life"

    3 year 27 mill for a guy like brady? YES PLEASE How much $$ does that free up this year?
     
  10. Uncle Rico

    Uncle Rico Veteran Starter w/Big Long Term Deal

    Joined:
    Jan 26, 2010
    Messages:
    9,728
    Likes Received:
    314
    Ratings:
    +803 / 1 / -5

    No Jersey Selected

    Re: King: Brady signs contract to make him "Patriot for life"

    Looks like I found my new signature text; from king:

    For the second time in his illustrious career, Brady is doing something players in this day and age simply do not do: As he did in 2005, Brady, a league source told SI.com, is signing a contract with New England that will pay him significantly less money than the market will bear, in large part to help the Patriots stay competitive for the next five seasons.

    Read More: Tom Brady, New England Patriots agree on three-year extension - NFL - Peter King - SI.com
     
  11. patsox23

    patsox23 Experienced Starter w/First Big Contract

    Joined:
    Sep 13, 2004
    Messages:
    7,397
    Likes Received:
    9
    Ratings:
    +17 / 1 / -0

    Re: King: Brady signs contract to make him "Patriot for life"

    If accurate, this just amps up the love and The Legend. QB1 may have just helped pave the way to make sure Wes (and others) remain with the team long-term, and had the perspective to allow BB & Co. to build up the roster more evenly for the final run(s). God bless him.

    And, Christ, how QUIET were they about this????
     
  12. Uncle Rico

    Uncle Rico Veteran Starter w/Big Long Term Deal

    Joined:
    Jan 26, 2010
    Messages:
    9,728
    Likes Received:
    314
    Ratings:
    +803 / 1 / -5

    No Jersey Selected

    Re: King: Brady signs contract to make him "Patriot for life"

    Someone in one of the other thread has $7M this year AND next.
     
  13. Spergon Wynn

    Spergon Wynn On the Game Day Roster

    Joined:
    Apr 16, 2012
    Messages:
    397
    Likes Received:
    0
    Ratings:
    +0 / 0 / -0

    Re: King: Brady signs contract to make him "Patriot for life"

    The things this guy does for this team is incredible. A true example of putting team above others.

    Now hopefully he does remain a "Patriot for life" and doesn't end up like Favre or Manning.
     
  14. Brady_to_Moss

    Brady_to_Moss Revis Island is here PatsFans.com Supporter

    Joined:
    Jul 21, 2007
    Messages:
    20,921
    Likes Received:
    987
    Ratings:
    +2,487 / 20 / -8

    #95 Jersey

    Re: King: Brady signs contract to make him "Patriot for life"

    he was due 22 mill this year and next
     
  15. jmt57

    jmt57 Moderator Staff Member PatsFans.com Supporter

    Joined:
    Aug 13, 2005
    Messages:
    13,594
    Likes Received:
    266
    Ratings:
    +795 / 1 / -3

    Re: King: Brady signs contract to make him "Patriot for life"

    Brady was scheduled to have a cap figure of $21.8 million this year, so that represents a cap savings of $8 million for the 2013 season.
     
  16. Uncle Rico

    Uncle Rico Veteran Starter w/Big Long Term Deal

    Joined:
    Jan 26, 2010
    Messages:
    9,728
    Likes Received:
    314
    Ratings:
    +803 / 1 / -5

    No Jersey Selected

    I'm having a Jack Edwards moment. Anyone else?
     
  17. Brady_to_Moss

    Brady_to_Moss Revis Island is here PatsFans.com Supporter

    Joined:
    Jul 21, 2007
    Messages:
    20,921
    Likes Received:
    987
    Ratings:
    +2,487 / 20 / -8

    #95 Jersey

    an extra 7 mill can go a long way
     
  18. jmt57

    jmt57 Moderator Staff Member PatsFans.com Supporter

    Joined:
    Aug 13, 2005
    Messages:
    13,594
    Likes Received:
    266
    Ratings:
    +795 / 1 / -3

    I think everyone with the exception of the closet Jets fan who gave this thread one star.
     
  19. Deus Irae

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

    Joined:
    Oct 10, 2006
    Messages:
    44,400
    Likes Received:
    1,040
    Ratings:
    +3,850 / 192 / -145

    Disable Jersey

    Suddenly the rumored Welker contract doesn't hurt those who were opposed to it so much, I'm assuming.
     
  20. BradyManny

    BradyManny Pro Bowl Player

    Joined:
    Mar 13, 2006
    Messages:
    10,017
    Likes Received:
    93
    Ratings:
    +320 / 4 / -1

    Holy smokes.

    I don't know what's better news, Tom Brady as a Patriot until he's 40, or the huge hometown discount he's handing the team.

    Kudos for MoLewisRocks for basically calling this for some time now...well done, Mo.
     
Thread Status:
Not open for further replies.

Share This Page

unset ($sidebar_block_show); ?>