Found February 27, 2013 on
Tom Brady’s contract extension was all about keeping the team first and foremost
While I was stumbling around campus in a sick daze that prevented me from processing thoughts in my head, I ran into a friend of mine by the name of Greg Walsh. Our meeting was fleeting as he was headed in the opposite direction that I was. He had a chance to say one thing to me.
“He’s for the team Chris. Always about the team.”
Greg is another one of these Washington area New England transplants, so I picked up what he was talking about right away. It was Tom Brady, the Patriots’ quarterback who signed a contract extension recently to officially make him a “Patriot for life”. More importantly, while it pays Brady an absurd amount of signing bonus money, it spreads Brady’s salary cap hit and opens up about $20 million in salary cap space in 2013. Going by market value, Tom Brady is going to collect only about half of his worth over the next three years of his contract.
For Brady, this is not an unprecedented move. He has left money on the negotiating table before in order to give the Patriots a better chance. It is all unprecedented given the current sports landscape, one in which even borderline stars search out “max” contracts in order to provide financial security, but also obtain the notoriety of being one of the highest paid players in their league. That does not matter to Tom Brady. To him, it is all about the rings, all about making the team all it can be.
Before the contract extension, the Patriots were in a tough spot. They had little cap space to use and they had valuable players to resign and holes to fill. There was even talk that the Patriots might not have been able to utilize their franchise tag since it would put them into cap penalties. Creative accounting would have been required to get the Patriots what they needed. Mission accomplished there.
In reality, Brady was the perfect guy to ask to restructure his contract. Forgotten now that he has is Uggs Boots and Under Armour advertising spots and is a growing face as a fashion icon is that Brady is still the “Golden Boy”. It can be seen in every “Sound Fx” segment on NFL network when the Patriots are involved. More than anything, Brady still loves to compete, to win at the highest level. Plus, he hates losing. Sports are one of the few entertainment outlets where emotion is not staged. Brady can be seen after every loss, head down with slumped shoulders. He has a look of sadness, but with a hint of anger. It is a look that screams “How did we let this team get the best of us? How did they get away with winning this game?” He loves to win, but more than anything, he hates to lose, and that is important.
Which is why Tom Brady agreed to the contract extension. Brady knows his time is running short and he wants to win. He is for the team, always has been and always will be. He will do whatever is necessary to make sure the team has the best chance to win each and every week.
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Tom Brady finalized a contract extension with the New England Patriots on Monday that should help the team stay financially solvent.
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So when all the praises have subsided, all that’s left are facts. And though it makes a good story that Tom Brady “took less money” for the sake of his team, the facts tell another story.
So as the details emerge from Brady’s deal that makes him richer and possibly hinders others from doing the same, we learn from Field Yates of ESPN Boston that Brady didn’t quite “take...
Regardless of reports to the contrary, Patriots legend Tom Brady willingly accepted a significant pay cut and will earn a discounted $60 million over the next five years to provide New England with a massive amount of salary cap relief. The 6-foot-4, 225 pound Brady, whose restructured deal gives New England $15 million in cap space to ink the free agents they covet, will likely...
It’s not uncommon these days for professional athletes to share nearly every detail of their lives via social media. Tom Brady doesn’t exactly fit into the group of players who tweet or share much personal information on the Internet, but the quarterback made a special exception on Monday.
Brady signed a three-year contract extension worth $27 million, significantly...
The New England Patriots and quarterback Tom Brady have
reached an agreement on a three-year extension that will help the team’s salary
cap and provide the All-Pro with a “contract for life,” as reported by Peter King of Sports Illustrated.
Brady will receive “significantly less money than the market
will bear” in order to help the Patriots remain competitive for his...
Short version means that Tom Brady will retire as a Patriot.
Peter King has the details of the deal.
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...
According to Peter King of SI.com, the New England Patriots have signed quarterback Tom Brady to a three-year extension that will keep him around until he 40 years-old.
Brady is reportedly taking a lot less money then he deserves.
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...
Tweet Two-time MVP quarterback and future Hall of Famer Tom Brady has agreed to a contract extension that will likely keep him with the Patriots through the 2017 season, according to a report from Sports Illustrated’s Peter King: The extension will pay Brady a $3 million signing bonus immediately, in addition to salaries of $7 [...]
I am very pleased with some news I came across today! Tom Brady and the New England Patriots have agreed to a 3-year extension on his contract through 2017! Surprisingly, it’s only for $27 million (yes, it does feel weird to say “ONLY $27 million”) which is much less than I [...]
Monday afternoon was pretty disgusting on Twitter. Members of the media and New England Patriots fans were fawning over the news that Peter King broke about Tom Brady’s new extension with the organization. It painted Brady as the most altruistic player in the history of the NFL. Why? Because the initial numbers released said “3 years for $27 million.” If that was a the actual...
Tom Brady‘s hometown discount will be remembered in New England for years to come. While it’s clear what this restructured extension means for the Patriots, it also means a whole lot more for other quarterbacks in the NFL — namely embarrassment, according to folks in Patriots country. Just how does Brady stack up with the league’s highest-paid QBs? Check out the list below...
According to the Boston Herald, the New England Patriots and wide receiver Wes Welker are discussing a possible contract extension.
These discussions were held independent of Tom Brady‘s contract extension. However, Brady’s new deal has freed up $15 million in cap room over the next two seasons, which gives Welker and the Pats a little more room to work with.
It’s still unclear...
Ian Rapoport of NFL.com writes that the Patriots could target a “big receiver on the outside” during free agency now that they’ve freed up some extra cap room by restructuring Tom Brady‘s contract.
Rapoport specifically mentions that wide receivers Dwayne Bowe and Mike Wallace could both be in consideration. Rapoport adds that Bill Belichick has offered consistent...
Similar to what Tom Brady did for the Patriots earlier this week, Ben Roethlisberger freed up cap room for the Steelers by agreeing to restructure his contract.Fantasy Spin:Pittsburgh can use the extra money to re-sign free agent wideout Mike Wallace later this offseason. Roethlisberger racked up 26 touchdowns and 3,265 passing yards in 13 games in 2012.