ESPN Boston has released more details on the deal Tom Brady signed to remain with the New England Patriots for what will likely be his entire career. Brady has saved the Patriots about $15 million in cap over the next two seasons, and this is extremely beneficial to what the Pats can do both this offseason in keeping their big three free agents (Wes Welker, Sebastian Vollmer, and Aqib Talib).
Brady is set to make $57 million over the next five seasons, which is actually $3 million less than what was initially reported by the NFL Network’s Albert Breer. That means Brady will get less than $12 million per year, which is significantly less than what other elite quarterbacks like Peyton Manning and Drew Brees (Joe Flacco is next, whether or not people think he’s elite is irrelevant at this point). About $33 million of that is completely guaranteed, with $30 million coming in signing bonuses over the first three seasons.
He is now signed to the New England Patriots through 2015 and will make just $3 million in base salary over the course of the 2013 and 2014 seasons. That will greatly help the Pats ability to surround him with talent, and Tom Brady just proved he is all about winning by giving such an affordable rate.
Brady’s contract is actually not guaranteed after the 2015 season, because that’s when that guaranteed $33 million is already paid out. The Patriots could restructure his deal at a later moment as well, but Brady and the Pats just pulled a genius deal when looking at the numbers. Brady gets all his money front-loaded as far as guarantees go, which opens up the Pats cap money to re-sign and add players in the short-term. In the long run, Brady’s guarantees are all paid out, thus allowing things to be potentially re-settled at a later point.
Now that’s called a team-first mentality.
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