Re: Brady and Pats Close to Deal?
posted at 9/7/2010 3:12 PM EDT
In Response to Re: Brady and Pats Close to Deal?
[QUOTE]In Response to Re: Brady and Pats Close to Deal? : Close but not quite. Brady's 2010 Cap figure is a better proxy to use than his 3.5 min salary figure for comparison purposes. So basically this is a $10m+ $58m = 4 years for $68m deal, so on average $17m. This is just higher than Eli Manning and Philip Rivers. Brady could have demanded and commanded more no doubt. As usual Brady is taking a fair deal leaning towards a home discount. Thank god we have Brady.
Posted by murghkhor[/QUOTE]
No. As far as I know, if or when they renegotiate, they would have to work off of the new figures. To renegotiate a deal a player must, under NFLPA guidelines, receive a per season raise from the standing deal, and must receive more guaranteed dollars than are remaining on the contract. Previously amortized bonuses are not part of the equation, although were there a cap this season they would still count against that.
Let's suppose, to answer another question with speculation, that his SB amounts to something that tops what Bradford made per season in guaranteed dollars, so something between $36 and $40, we'll say $40 because we all think Tom is a great QB. Which would be A/B or $61.5/$40 million.
If Brady wanted to renegotiate his deal the day he is eligible after signing this one (LOL, you never know these days, but IIRC that's 12 months) his new deal would require an increase in the yearly salary average -- the cumulative total of both A and B -- and more specifically a raise in B as well. The leftover bonus is now gone, and would not be used in that negotiation.
The way teams can make "cap friendly" extensions is by increasing the non-guaranteed dollars and years at a greater rate than the guaranteed dollars. For instance, giving Brady (at that point) an extension that is two years long (making it five years remaining) while only increasing the total yearly figure by $20 million.
He has already been paid his signing bonus for the contract, and his roster bonus for this season which is counted just like a signing bonus anyway, so they can't apply to a contract that is extended in this way. It's earned money already.
Hence, I feel more comfortable discussing the money Brady will actually make under this deal, as opposed to money he has earned in the past.