Boxden hiphop sports wild'ish games movies news eyecandy tech gear rides
trending now most viewers #top20 top yesterday all sections videos pics tracks headlines

Tom Brady agrees to 3-yr contract extension to remain a patriot until he retires

most watched this minute | see more
most viewed right now
169 viewing
Image inside Word Is Drake Got Pissed On By Tip's Homie At The Movie Theater, Say I..
220 comments
most viewed right now
134 viewing
So what is this line about t.i boy peeing on drake ?
330 comments

top in section
107 viewing
Celebrities react to Meek Mill's Wanna Know
top in hiphop
top in section
55 viewing
 NBA NBA players disrespecting Meek Mill
top in sports

people viewing this topic:   (0 members and 1 guests)  
 
 

let em know Share this on TwitterShare this on Facebook
 Tom Brady agrees to 3-yr contract extension to remain a patriot until he retires
Unread 2 years agoclass of '06 - away - #1
2434 pageviews
78 comments


Michael 1987 695 heat pts695 space
avatar space
/
space
$65,655 | POWERFUL

[pic - click to view]




[pic - click to view]



Tom Brady took a huge step today to ensure he'll retire a Patriot, agreeing to a three-year contract extension that will keep him under center for New England through the 2017 season, when he will be 40 years old.

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.

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 milion 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.


The Patriots can do this by guaranteeing his salaries for the next three and giving him much of the money in a chunk of a bonus right now. That, the source with knowledge of the contract said, is what the Patriots intend to do. And history points to Brady doing the same thing eight offseasons ago.

In 2005, after his third Super Bowl title, Brady agreed to a six-year, $60 million deal, which at the time was dwarfed by Peyton Manning's contract, which averaged $14.2 million a year. This year, clearly, he is doing exactly the same thing -- in fact, giving the team even more of a hometown discount -- with one goal in mind: to keep the Patriots competitive for the rest of his career. He's putting his money where his mouth is. He knows it's easy for him to make millions in endorsements. One teammate once said about Brady he would be such a sore loser he'd do whatever it takes to never lose. At a time when the growing market for quarterbacks pegs the average per year at about $20 million -- Drew Brees and Peyton Manning are there, and it's likely Super Bowl champ Joe Flacco will be there soon -- Brady's average over the next six years will be consistently about 30 percent lower.

It's very likely Brady feels the same way today as he felt in 2005, when he did the last sub-market deal. "To be the highest-paid, or anything like that, is not going to make me feel any better,'' he said in 2005. "That's not what makes me happy. In this game, the more one player gets, the more he takes away from what others can get. Is it going to make me feel any better to make an extra million, which, after taxes, is about $500,000? That million might be more important to the team.''

In an important free agency period, when New England will be f!ghting to stay relevant and win its first Super Bowl since the 2004 season, they should have the financial ammunition to fortify the team. They could bolster the pass rush by signing free agent Dwight Freeney of the Colts, or the secondary by signing veteran safety Ed Reed, also a free agent. On offense, they could open the wallet to re-sign Brady's favorite receiver, Wes Welker, or maybe aim higher for a younger franchise receiver like Mike Wallace of the Steelers. All of a sudden, New England will have an additional $15 million of cap freedom while two-thirds of the teams in the league struggle to do anything in free agency because they're so snug to the cap.
http://sportsillustrated.... iots-contract/

Last edited by Michael 1987; 02-25-2013 at 02:37 PM..
Reply With Quote
Props given to Michael 1987 hot topic  (02-25-2013)

78 comments for "Tom Brady agrees to 3-yr contract extension to remain a patriot until he retires"

- To post a comment, join the squad -


Unread 2 years agoclass of '11 - away - #2
Kobane 137 heat pts137 space
avatar space
PSN: childishxo
space
$12,844 | POWERFUL
Next Brett Farve
Reply With Quote
Unread 2 years agoclass of '11 - away - #3
Kingpin 313 86 heat pts86 space
avatar space
Patriotssss
space
$15,905 | POWERFUL
Brady taking a paycut for the team
Reply With Quote
Unread 2 years agoclass of '10 - away - #4
rek0nize 57 heat pts57 space
avatar space
Senior Member
space
$8,623 | POWERFUL
Brady being a good dude for taking less money like that. Helps the team out, his wife makes more than him, he don't need 15-20 million a year.
Reply With Quote
Unread 2 years agoclass of '12 - away - #5
Tha Problum 34 heat pts34 space
avatar space
Resurrection
space
$18,211 | POWERFUL
The God QB
Reply With Quote
Unread 2 years agoclass of '09 - away - #6
ReggieA 196 heat pts196 space
avatar space
^HE GOT NEXT!^
space
$36,212 | POWERFUL
Ultimate team player

That UGGS money must be good to him
Reply With Quote
Unread 2 years agoclass of '06 - away - #7
3rdcoasta 101 heat pts101 space
avatar space
Senior Member
space
$2,941 | POWERFUL
nuthin wrong with that...
Reply With Quote
Unread 2 years agoclass of '07 - away - #8
N.O.4Life 8 heat pts space
avatar space
Pay Cut?:hah:
space
$11,451 | POWERFUL
Damn yall n*ggas fast.this sh*t jus broke like 10 seconds ago lol.
Reply With Quote
Unread 2 years agoclass of '05 - away - #9
bigpinero 3 heat pts space
avatar space
REALCITY KING
space
$4,742 | 12473663
Nice guy!
Reply With Quote
Unread 2 years agoclass of '10 - away - #10
SeattleWon 710 heat pts710 space
avatar space
Seattle's Finest
space
$55,591 | POWERFUL
still won't win anymore rings


Reply With Quote
Unread 2 years agoclass of '06 - away - #11
Michael 1987 695 heat pts695 space
avatar space
/
space
$65,655 | POWERFUL
N.O.4Life said:
Damn yall n*ggas fast.this sh*t jus broke like 10 seconds ago lol.
More like 20 minutes ago since peter king posted it out first
Reply With Quote
Unread 2 years agoclass of '09 - away - #12
Braz 80 heat pts80 space
avatar space
What's a king to a Braz
space
$15,344 | POWERFUL
fu*k this f*ggot
Reply With Quote
Unread 2 years agoclass of '12 - away - #13
SHADOW 322 heat pts322 space
avatar space
.Hunger.Games.
space
$8,298 | POWERFUL
Damn his time is coming to an end, n*ggah Brady gonna ball out in retirement

I'm gon shed a tear when he has that press conference in 2017...

Reply With Quote
Unread 2 years agoclass of '12 - away - #14
MischiefTooReal 99 heat pts99 space
avatar space
I keep it 99.99999%
space
$8,294 | POWERFUL
My Goat looking out for the squad

No excuse NOT to re-sign Talib now, cheap bastards.



Now go win a SB you bi*ch a.ss n*ggas.
Reply With Quote
Unread 2 years agoclass of '06 - away - #15
Michael 1987 695 heat pts695 space
avatar space
/
space
$65,655 | POWERFUL
brazidee said:
fu*k this f*ggot
Reply With Quote
Unread 2 years agoclass of '07 - away - #16
N.O.4Life 8 heat pts space
avatar space
Pay Cut?:hah:
space
$11,451 | POWERFUL
Michael 1987 said:
More like 20 minutes ago since peter king posted it out first
Damn espn slippin thought this sh*t was called Nfl live
Reply With Quote
Unread 2 years agoclass of '07 - away - #17
keithbm1111 96 heat pts96 space
avatar space
TB12
space
$27,640 | POWERFUL
Yet another team friendly deal for brady
Reply With Quote
Unread 2 years agoclass of '12 - away - #18
TheThreadLord 1762 heat pts1762 space
avatar space
All You Need Is LUCK!
space
$6,814 | POWERFUL
brady is not going to retire a patriot
Reply With Quote
Unread 2 years agoclass of '05 - away - #19
chrismb 143 heat pts143 space
avatar space
Senior Member
space
$9,799 | POWERFUL
did WE resign brandon lloyd and pay welker yet?
Reply With Quote
Unread 2 years agoclass of '06 - away - #20
Michael 1987 695 heat pts695 space
avatar space
/
space
$65,655 | POWERFUL
N.O.4Life said:
Damn espn slippin thought this sh*t was called Nfl live
You do know ey have sources they get info from so of course they will be behind when gettin the public know sh*t
Reply With Quote
 

Home > all sections > BX SportsCenter
  
    
          join bx


 




that hot ish yesterday


most viewed right now
12 viewing
Video inside 50 Cent Talks Meek Mill Vs Drake Beef, Ghost Writers, Cold Corner 3, Ni..
34 comments
@hiphop
most viewed right now
8 viewing
Celebrity Reactions to Back to Back
253 comments
@hiphop
most viewed right now
8 viewing
Audio inside Drake - Back To Back Freestyle (Shots at Meek Mill)
1897 comments
@hiphop
most viewed right now
7 viewing
Image inside AR-AB Signed W/ Drake's OVO?
162 comments
@hiphop
most viewed right now
7 viewing
Video inside Top 10 Controversial Documentary Movies
59 comments
@movies
most viewed right now
6 viewing
Article inside Even Whataburger and The Weather Channel is sh-tting on Meek
34 comments
@hiphop
most viewed right now
5 viewing
NBA Well Damn Gilbert Arenas breaks down Lebron's game on Instagram
124 comments
@sports
most viewed right now
5 viewing
Windows 10 download
209 comments
@tech
most viewed right now
4 viewing
Image inside NBA 2K16 Advanced Gamepad Controls
58 comments
@games

^
contact us   |   bx@twitter   |   bx@facebook   |   privacy   |   search   |   BX 1998-end of time