Found February 26, 2013 on Steel City Blitz:
Typically when a team in the National Football League restructures a contract of one its’ players that doesn’t mean the player takes a pay cut. What it does is free up cap space for the current year or two and then push salary cap issues further back. In a sense, it’s the old theory of two steps forward and one step back to put it in layman’s terms. Over the last 36 hours, Tom Brady of the New England Patriots signed a three-year extension lowering his cap number. This will therefore allow the Patriots to have more available money to sign free agents like their own Wes Welker and Sebastian Vollmer. Brady has been lauded by top NFL writers like Peter King of Sports Illustrated as being the ‘ultimate team player.’ Give me a freaking break. Yes, Tom Brady will make “less” over the next three years under the new contract but in the first two years, he’ll earn $33 million which is about $3 million more than under the old deal. The final year of his deal puts him at age forty by the way. ...
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