Brady contract situation (Merged - UPDATED:Deal Done)

jboston19 said:

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caphit?

signbabybrady said:

At the very least it gives me great faith that this is not his last!!!!

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Part of me hopes he plays past 45, part of me hopes he gets to spend more time with Gisele and the kids.

This is a good birthday gift to me, thank you Tom Brady

SBLIII said:

caphit?

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I don’t think the full terms are known to calculate it yet.

Making $23 million this year how in the blue hell do the Pats have the room to do this

burtgummer said:

Making $23 million this year how in the blue hell do the Pats have the room to do this

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Probably pro-ration of the signing bonus itself.

Something like Brady gets a 20M check....and his base salary drops this year as well as his cap #...but the 20M is spread over 3 seasons at a 6.6 cap #.

burtgummer said:

Making $23 million this year how in the blue hell do the Pats have the room to do this

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caphit is the only thing that matters. Before he was making 15 million but his cap hit was 27 million.

SBLIII said:

caphit is the only thing that matters. Before he was making 15 million but his cap hit was 27 million.

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This should line up nicely for Stidham to step in seasoned in the system when Tom steps down

Seeing how much they decide to free up or push farther down might give an idea if there is something else in the works.

I would guess the 2019 cap effect is close to a net of zero

We're on to Detroit ...

Gator Mike said:

No idea what fake controversies local sports radio will talk about now.

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Don't worry. I'm sure this extension angers Belichick immensely. First he was forced to trade the QB he wanted, now he's stuck with Tom for several more years.

Gator Mike said:

No idea what fake controversies local sports radio will talk about now.

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"This only takes him up to 44 years old, Mike. Why didn't they get all the way to 45? It's because Belichick doesn't want him, Mike!"

Hyped said:

Probably pro-ration of the signing bonus itself.

Something like Brady gets a 20M check....and his base salary drops this year as well as his cap #...but the 20M is spread over 3 seasons at a 6.6 cap #.

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So it's a 2 year contract worth 23 million this year,do signing bonuses count at all against the cap?

So the new contract will now go to the end of the 2021 season.

Fly in the ointment -- the CBA expires after the spring 2021 draft.

Then again, I figure the players will cave like always and the 2021 season will be played in its entirety.

23 million?? That can't be true. That would mean the mediots were wrong again.

burtgummer said:

So it's a 2 year contract worth 23 million this year,do signing bonuses count at all against the cap?

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Absolutely. If the bonus is B and the contract is N years long, the bonus results in a cap hit of B/N each year of the contract (on top of hits from the player's actual salary that year, guaranteed money, etc.). If the contract isn't played out, any unamortized cap hit accelerates into the current year.

how does this rank compared to other QBs?

Tony2046 said:

23 million?? That can't be true. That would mean the mediots were wrong again.

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Too early to tell. That $23mil is what Brady will be paid in cash this year, not a cap hit number.