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What about a doomsday contract for Brady?

Discussion in 'PatsFans.com - Patriots Fan Forum' started by Ice_Ice_Brady, Jan 12, 2020.

  1. Ice_Ice_Brady

    Ice_Ice_Brady PatsFans.com Supporter PatsFans.com Supporter

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    Proposed contract:

    3 years
    $80M

    Sign on bonus of $10M (or $80M spread out over three years with almost all of It hitting in year 3, if that can be done.)

    Guaranteed Payout in 2020: $1M (plus half remainder of dead cap from last deal)
    Guaranteed Payout 2021: $9 (plus half remainder of dead cap from last deal)
    Guaranteed Payout in 2022: $60M (Edit: workout bonus perhaps)

    2022 is a fully guaranteed year and the bill comes due. If Brady retires, they’ll still need to pay it as signing bonus or with some clause about converting base salary into another type of guaranteed bonus. With very small cap hits in 2021 and 2022, the Patriots will be able to stack their team with star players to surround Tom.

    In 2022, the Patriots pay Brady $60M as he exits. The team goes into tear down mode for a season and must rebuild. Brady probably retires before the season.

    This isn’t all that much different from front-loading the contract in the form of a heavy sign-on bonus and most of the money pushed to year 1 and 2. Tom would just need to be patient in collecting his money, and he has always been willing to work out creative deals.

    Cap experts, what is the extent that this can be done?

    Is this something that can be done? Realistic? Seems like the only chance to compete at a very high
    level for the next two years. Otherwise this team isn’t going anywhere, though Tom may be. We’ve seen teams kick cap hits down the road. Does this scenario necessitate a very extreme case of doing this?
     
    Last edited: Jan 12, 2020
  2. TheRainMaker

    TheRainMaker Experienced Starter w/First Big Contract

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    He wants a better supporting cast which I don’t think the Pats can get him.
     
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  3. XLIX

    XLIX Veteran Starter w/Big Long Term Deal

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    You’re basically asking Tom to accept a 2 year, $20 million deal. Your above hypothetical states he retire before the 3rd year so that voids any guarantees on the 3rd year’s ridiculous salary. You think the Patriots are just going to give $60 million to a guy who retired?

    Good luck with that.
     
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  4. Ice_Ice_Brady

    Ice_Ice_Brady PatsFans.com Supporter PatsFans.com Supporter

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    I’m asking for help from people who understand the cap to see if there are mechanisms that can guarantee it.
     
  5. IcyPatriot

    IcyPatriot Moderator Staff Member PatsFans.com Supporter Weekly Picks Winner

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    Brady's body language tells me he's not going to be here ... and he gets it.
     
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  6. Ice_Ice_Brady

    Ice_Ice_Brady PatsFans.com Supporter PatsFans.com Supporter

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    If he essentially plays for free now and gets paid for his play a few years later, wouldn’t they have a lot of cap space the next couple of years to give him better supporting cast though?
     
  7. TheRainMaker

    TheRainMaker Experienced Starter w/First Big Contract

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    The problem is there’s no guarantee the Patriots will be able to get good players to surround him.
     
  8. XLIX

    XLIX Veteran Starter w/Big Long Term Deal

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    Fully guaranteed salary loses the guarantee if the player doesn’t show up, period.

    A signing bonus is fully guaranteed (notwithstanding our situation with AB) even if it is deferred payout, but then you have to spread the cap hit out over the life of the contract (max 5 years).

    Speaking purely theoretically (because your above contract is not even remotely in the realm of possibility) I’d say the best way to pull it off is to give Brady a $60 million workout bonus for that 3rd year, which triggers if he attends camp. He could then attend camp for a couple days, say hi to everyone, and retire.
     
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  9. Ice_Ice_Brady

    Ice_Ice_Brady PatsFans.com Supporter PatsFans.com Supporter

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    Thanks. So, then it would require Brady to take a massive leap of faith and might. It get league approval from the sounds of it.
     
  10. Ring 6

    Ring 6 PatsFans.com Wall of Fame Member

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    Um no
     
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  11. Ice_Ice_Brady

    Ice_Ice_Brady PatsFans.com Supporter PatsFans.com Supporter

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    Why not? Being totally serious here as you are someone who understand the cap. Forget about the structure as I don’t know that would work. Could the general framework for something like this work?
     
  12. BelichickFan

    BelichickFan PatsFans.com Supporter PatsFans.com Supporter

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    I would go the other way.

    3 years, $60M. All guaranteed except for injury.

    Too little for him too accept? Add incentives that can get him another $10M a year based on winning. Like $1M for the playoffs, $2M for the division, $3M to get to the SB, $4M to win the SB.

    Brady gets his years and guarantees. Patriots get low per average per year. Win-win if we win more SB.
     
  13. TB_Helmet

    TB_Helmet In the Starting Line-Up Weekly Picks Winner

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    I thought the proposal would be at the end of his contract we nuke the rest of the NFL to guarantee nobody ever surpasses Brady as the GOAT.
     
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  14. Ring 6

    Ring 6 PatsFans.com Wall of Fame Member

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    Why would brady wait 3 years to get his money?
    Why would the team want to pay 60 mill for a player who isn’t on the team?
     
  15. Ice_Ice_Brady

    Ice_Ice_Brady PatsFans.com Supporter PatsFans.com Supporter

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    Because this is the type of abnormal structure required to keep him for two more years and load up their roster to the point it makes sense to build around him. Otherwise it has been beaten to death, rightfully so, how the contract situation makes this a losing situation.
     
  16. Ring 6

    Ring 6 PatsFans.com Wall of Fame Member

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    It doesn’t make it a losing situation at all. The patriots are in better cap shape than normal.
    Your idea is ridiculous. A 60 mill cap hit would destroy the team for years.
    Brady isn’t going to pay for nothing and wait 3 years for he money.

    Sign Brady to a legitimate contract cut Sanu make a couple other minor moves and you have over 40 million which is plenty.
     
  17. Pape

    Pape Third String But Playing on Special Teams

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    when you start monkeying around with contracts, offering absurd bonuses that are easily voidable, stuff like that raises red flags at the league office ... no way would they approve a contract like that ...

    I would offer a 4 yr, 100 million dollar contract ... gives you length to spread it out, lets you work within the system to give the team some advantages when the deal expires ... gives Brady a pretty big f'n contract at 42 years old ...

    and most importantly, it keeps Brady here ... where he belongs
     
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  18. Tunescribe

    Tunescribe PatsFans.com Supporter PatsFans.com Supporter Weekly Picks Winner

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    Brady should be playing for free, he has too much money already.
     
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  19. Tunescribe

    Tunescribe PatsFans.com Supporter PatsFans.com Supporter Weekly Picks Winner

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    @Tottie
    @QuantumMechanic

    :rolleyes: You guys need to recalibrate your sarcasm meters. It was a JOKE.
     
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  20. PatsFanSince74

    PatsFanSince74 PatsFans.com Supporter PatsFans.com Supporter

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    a) because he and his wife have a lot already
    b) because he's Tom****ingBrady
     
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