Brady signs 2 year $70 MM extension!

Submitted by I'mTheStig on August 4th, 2019 at 9:53 PM

The GOAT just got paid.  2 years @ $70 MM.  Holy cow!

Brady will get an $8 million raise in 2019, when he'll make $23 million. The extension also calls for him to make $30 million in 2020 and $32 million in 2021, when he would be 44.

https://www.bloomberg.com/news/articles/2019-08-04/ap-source-brady-signs-2-year-70m-extension-with-patriots

 

vablue

August 4th, 2019 at 9:56 PM ^

How in the world did it take us this long to post this?  I thought for sure this was old news for the board, but nope it has not been posted yet.

I'mTheStig

August 4th, 2019 at 9:58 PM ^

Ha!

No kidding... I seached the forums twice before posting to make sure I wasn't one of those people.

BTW, did you hear Keith Jackson died?  RIP.

Or, perhaps people were outside enjoying a Sunday in August?  I was.  But now it's 8 PM here in Denver and I had to do some work stuff before catching a flight to Seattle in the morning and that article popped up in my feed.

Indy Pete - Go Blue

August 4th, 2019 at 10:58 PM ^

 He earned it. Nonetheless, I am surprised that he is taking such a high salary. Usually he takes below market value to help his team continue to win championships. I am puzzled by this a bit as this is a change of approach for him.  I don’t think he needs the money given his earnings and his wife’s wealth, but maybe when you’re playing at his age, it feels more important psychologically  to start getting what you think your market value is. 

MichiganG

August 4th, 2019 at 11:39 PM ^

He didn’t. The two year extension are both void years and will be invalidated after this season.  They extend it, convert a large portion of his salary to bonus, spread the bonus cap hit over 3 seasons, and the Pats actually end up with $5 million MORE cap space this season AND Brady gets a large raise this season.  Next offseason his contract gets renegotiated again. This will eventually bite the Pats in the ass, but probably not until Brady retires and they have to re-tool which makes it a great strategy. 

https://www.masslive.com/patriots/2019/08/tom-brady-contract-extension-why-the-patriots-qb-is-still-on-a-1-year-deal-gronks-potential-impact-and-is-a-trade-coming-andrew-callahan.html

 

Gucci Mane

August 4th, 2019 at 10:59 PM ^

So is this a direct cap hit ? I always admired him taking a pay cut to win. This is disappointing if it directly inhibits Patriot spendings money. My guess is Brady knows Belichek isn’t afraid to replace him with someone young and better. Now that Is basically impossible. 

michymich

August 5th, 2019 at 2:59 AM ^

Amazing what a break can do for someone. Don't get me wrong, you have to do something with the break you get and Brady took the bull by the horns. That being said, being drafted by Belichick and the Bledsoe injury.

 

Just think, someone else drafts him. Doesn't think too highly of him and releases him. Next thing you know he is sitting behind Manning. Did you hear that story where the Colts GM at the time claimed (probably bluster) that they liked him and had a 3rd/4th round grade on him.

Life is just that arbitrary sometimes. Think about this. Let's just say he doesn't get drafted and is signed as a FA. He goes to the Bengals. He is sitting behind Carson Palmer. You don't actually think Brady would have supplanted Palmer or any other established qb do you? It wasn't like Brady was a polished product at the time.

The Belichick/Bledsoe variable is one heck of a story. Right up there with the supposed Wally Pipp hit in the head/aspirin story. See 1925: Removal from the starting lineup. Regardless, the fortunate event for Brady, unfortunate for Bledsoe is of historical significance.

https://en.wikipedia.org/wiki/Wally_Pipp

 

 

 

treetown

August 5th, 2019 at 8:33 AM ^

There are many parts of the story of his sports life that can be helpful to other:

1. Dealing with disappointment and adversity. We all know the tale of him here - really good but honestly a lot of people we were looking past him at Drew Henson. That experience helped him a lot in the NFL - where even the best teams lose multiple times each year (a 4 loss season is pretty good in the NFL, and a "oh no, mediocre disaster, fire the coach" season in college).

2. He was ready when the opportunity came. He had good camps and made sure he was ready.

3. When he went in, he played well and ...

4. He seems to be a good team mate ... over the past few years, there have been a lot of stories about QBs that should be better examples but haven't been (see the SI piece on the Seahawks and how they fell apart, and why parts of the team really despised Russell Wilson, and the dysfunction between the HC and Aaron Rogers on the Packers). There are always a lot of people at fault when things go that bad but so far, he, Belichik and the Pats have dodged them and made it work.

It will be interesting to see if the upcoming QB stars learn from this (Mahones, Mayfield, etc.)

Perkis-Size Me

August 5th, 2019 at 9:34 AM ^

Father Time will eventually come for Brady and collect his due, as he does with everyone. 

But Brady keeps finding ways to make him wait just a little longer.