Tom Brady’s new contract doesn’t increase his cap number

AP

The Patriots have dangled a $5 million incentive package for quarterback Tom Brady, which will add to his $14 million salary if he finishes in the top five in each of five key categories — passer rating, completion percentage, yards per attempt, touchdown passes, passing yards. The potential extra earnings won’t increase his cap number for 2018.

Field Yates of ESPN.com reports that Brady’s revised deal also converted $10 million of his $14 million into a signing bonus, giving him the cash now — and spreading the ensuing cap hit over the final two years of his current deal. This drops his $22 million cap number by $5 million for 2018.

But the potential incentive payments count immediately, given that they will be classified as “likely to be earned,” based on the fact that he achieved every milestone last year that he needs to hit this year. (The Patriots actually would get cap relief next year, if Brady fails to earn some or all the money.) So it’s a wash; the bonus drops the cap number by $5 million, and the incentives push it back up by $5 million.

For now, Brady’s cap number for 2019 has spiked to $27 million, thanks to the other $5 million from the signing bonus. So even if his pay currently isn’t in line with the top of the market, his cap number for 2019 definitely will be, and it could mean that he’ll be signing another new contract next year at this time, with the goal of dropping his 2019 number and nudging dollars into 2020, regardless of whether he’s still on the team or not.

Some will regard the $10 million lump sum as proof that the contractual adjustment isn’t as light as it seems to be. But Brady was going to make that $10 million between now and the end of the calendar year; he just gets it now, not in 17-week installments.

So the bonus doesn’t change the fact that the Patriots addressed a grossly below-market compensation package for Brady with a bump that he needs to earn with stellar play, or that if he does earn it, he’ll be paid not like Matt Ryan or Kirk Cousins (or Jimmy Garoppolo) but like Blake Bortles or Ryan Tannehill.

36 responses to “Tom Brady’s new contract doesn’t increase his cap number

  1. The incentives are an insult to Brady. He has to reach incentives to be paid Bortles money after everything he has done for the Krafts and Belichick. It makes them look petty.

  2. Great idea. Wish all contracts were more incentive based and less guaranteed money. Players stay motivated and fans see better football. Now if only someone understood in the NFL office fans want less penalities instead of more penalities it wouldn’t be so easy to turn off or change the channel.

  3. pastabelly says:
    August 11, 2018 at 8:38 am
    The incentives are an insult to Brady. He has to reach incentives to be paid Bortles money after everything he has done for the Krafts and Belichick. It makes them look petty.
    ———————
    He’s doing it for the team (yet again), and because the team stuck by him instead of JimmyG.

  4. Brady understands that being a high cap hit to his team reduces funds for quality receivers. Other, cap friendly, ways to get paid if you donlt care about your ego being the highest paid (cap number) QB.

    Rodger’s could learn something here.

    Jordy Nelson is already a casualty of Rodgers ego / greed.

  5. These things kill me. Yes, I know the owners have a ton of money, but how much does a person need? Between what Tom has made in football and advertising and the money his wife has, his family is set for multiple generations. If it’s about respect or whatever, they could have the owners donate directly to charities in the player’s name and that would cut out having to pay income taxes.

  6. If Brady’s cap number will be “in line with his play”, than HIS PAY IS TOO, BECAUSE CAP NUMBER COMES FROM PAY. In other words, Brady is slowly creeping his way up to more proper pay after being UNDERPAID in the PAST. Stop pretending as if cap number is accounting magic; it is a figure that demonstrates complete compensation for a player, and just because signing bonus monies are handed out up front doesn’t mean it applies that way when judging year-by-year compensation.

  7. vaphinfan says:
    August 11, 2018 at 8:57 am

    Great idea. Wish all contracts were more incentive based and less guaranteed money. Players stay motivated and fans see better football. Now if only someone understood in the NFL office fans want less penalities instead of more penalities it wouldn’t be so easy to turn off or change the channel.
    —————————————-

    i’m certain that Tom Brady doesn’t need any incentives to stay “motivated”- nor has he shown any sign at any point in his career that he is motivated by money.

    That being said, I agree with the spirit of your post- personally I would like to see the NFL go to guaranteed contracts, which would be at a much LOWER level, and make up the rest in incentives. It could even be league mandated guarantees. The only problem I could see is if teams were allowed to be “creative” and give nonsensical guaranteed to be achieved incentives to bypass the rule.

  8. TB12….SO GLAD TO HAVE HIM LEADING MY FAVORITE TEAM…..& he WILL BE 5 million dollars richer by the end of the season….. you know, in FEBRUARY!!!

  9. Sure, let’s pay all these guys “what they deserve” –

    Brady’s the best QB of all time, what does that rate, 30 million?
    Same with Gronk, say 15 million?
    Edelman is also “grossly underpaid”, let’s bump him up to at least 10 million.

    – We’re already over the cap? Who cares, let’s keep going! –

    Did you see Jeremy Hill run on Thursday? – 5 mill!
    Hightower is certainly “less than market”, 12 mill!
    Gillmore and McCourty already account for 25 mill.
    Whew! 7 guys and we’ve already spent 60% of our cap!
    If you want the Patriots to become like the Falcons, the Vikings or the current 49ers, then this is sound logic.

  10. BREAKING – Tom Brady could increase his net worth 1.5% by tarnishing his legacy and limiting future non-football income, but doesn’t.

  11. tj.52 says:
    August 11, 2018 at 10:37 am

    Sure, let’s pay all these guys “what they deserve” –

    Brady’s the best QB of all time, what does that rate, 30 million?
    Same with Gronk, say 15 million?
    Edelman is also “grossly underpaid”, let’s bump him up to at least 10 million.

    – We’re already over the cap? Who cares, let’s keep going! –

    Did you see Jeremy Hill run on Thursday? – 5 mill!
    Hightower is certainly “less than market”, 12 mill!
    Gillmore and McCourty already account for 25 mill.
    Whew! 7 guys and we’ve already spent 60% of our cap!
    If you want the Patriots to become like the Falcons, the Vikings or the current 49ers, then this is sound logic.
    ——————————-

    Well, as a Pats fan I certainly don’t want them to be irresponsible regarding the cap, but it is really starting to show in the lack of talent in areas of the roster and I haven’t seen great use of the draft to take advantage of rookie deals like other teams have(though the Pats don’t get high 1st round picks either) and they don’t have a lot of depth in many important areas which is odd for a team that holds the cap like they do.

    Brady’s gotten paid over the years, and Gronkowski sort of, but after that it’s Gilmore, Mccourty, and Hightower (who never plays a whole season) who have been paid, but then drops off precipitously in quality of player.

  12. Are teams allowed to have players on the payroll post retirement to fudge the cap numbers? Patriots cheat. Who would be surprised if Tom get a paycheck post retirement for some bs no work job. Kraft and Brady have some deal where he will get checks after retirement. No doubt.

  13. Some guys want to win and therefore take less money. Other guys are Rodgers, Flacco and Ryan.

    If you are a QB, the biggest lesson in all this is to marry a super model.

  14. He got $10 Mil up front. That’s guaranteed, in the bank today, regardless of anything that happens going forward. The rest is paid over time, some of it tied to performance, which is wise, all things considered since they did decide to commit to Tom and trade away the potential future in Jimmy Garappolo. Everybody has some skin in the game.

  15. Attention all Patsie fans who’ve been whining about the Steelers’ “deflated ball” in the other threads… the ball was found to be DEFECTIVE. Nobody was trying to cheat in a meaningless preseason game, believe it or not. You may now put your outrage — and your paranoia that the league is out to get you and always favors the Rooneys — away.

    Now, loading up on incentive money so it won’t count against the cap and you can keep the cap number low for a top QB? That sounds a little like cheating to me.

  16. pastabelly says:
    August 11, 2018 at 8:38 am
    The incentives are an insult to Brady. He has to reach incentives to be paid Bortles money after everything he has done for the Krafts and Belichick. It makes them look petty.

    19 20 Rate This

    —————

    BB drafted and developed Brady. No one else wanted him. Do you know facts at all?

    Brady owes his entire career to Belichick and Kraft.

    Brady was a 6th rd pick. No way Brady has the career he has had elsewhere. No way.

    Brady hasa TB12 facility right on Kraft’s property.

    You Millennials are so obtuse. Bortles and other overpaid QBs an destroy their teams caps and the pats will keep beating those teams.

  17. What about the 1st time Steelers were caught with under inflated balls….. were those defective too??

  18. BB drafted and developed Brady. No one else wanted him. Do you know facts at all?

    Brady owes his entire career to Belichick and Kraft.

    Brady was a 6th rd pick. No way Brady has the career he has had elsewhere. No way.

    Brady hasa TB12 facility right on Kraft’s property.

    You Millennials are so obtuse. Bortles and other overpaid QBs an destroy their teams caps and the pats will keep beating those teams.
    ______________________________________________________________________

    So after 5 SBs, multiple MVPs, recognition of being one of the greatest if not the GOAT, you are saying that your boy doesnt deserve to be paid current market value ($30M) because the Pats drafted him and developed him? God, that is rich!

  19. nobody does it better. nobody does it remotely close to BillyGOAT in fact when it comes to managing his cap to be a competitor every year.

  20. So many on here upset about Brady’s salary not destroying the Patriots cap….. same ones that crap all over Brady about everything else….. IRONY ANYONE??!!
    As a Patriots fan I find it a RIOT that they can’t do anything right yet keep being a perennial contender every year……
    It’s ok….. I understand…. your jealous & envious of thei ongoing success & wish it was YOUR TEAM everyone was talking about instead…..
    GO PATS!!!

  21. Brady and the Pats torture his contract so he can get paid less than his market value. Works for the team.

  22. Money seems to not b.s. driver for him. Championships are. Helps that his wife is uber rich, so he knows how much is too much. Other players are following his footsteps. Look at the GS Warriors.
    Manning would have had more championships if he thought the same.

  23. I hope, after this season or maybe even 3/4 of the way thru it, that they extend him for another 2 years with a 3rd year option…..that puts him right in the 45 yo goal/timeframe
    That gives the Pats 2-3 more years for finding his replacement……
    Man it really stinks to think he’s gonna be done in 3-4 more years but what a ride it’s been!!!!! Been a fan since they drafted Plunkett….. so I’ve seen how bad it can be and how AWESOME it can become….. THANK GOD for Kraft/Bill/Brady……THANK GOD!!!!!!

  24. @nflfan12blog

    If Brady doesn’t need to be motivated by incentives then why give him an incentive based deal. Why not just give him the 5 million?

  25. Really? Is no one else going to point out that he’s not the primary breadwinner in the family, and taking below market value means less to him than any other QB in the league? His wife makes way, way more than he does, so for him, who cares? She’s worth literally double what he is worth. He’ll be okay if he’s not making $5 million more.

  26. vaphinfan says:
    August 11, 2018 at 1:51 pm

    @nflfan12blog

    If Brady doesn’t need to be motivated by incentives then why give him an incentive based deal. Why not just give him the 5 million?
    ———————————————–

    Because of the cap. Normally they restructure to push the hit, but he is at the end of his career and so the cap is catching up, and this year and next are unusually high for the Pats (in regard to Brady) This allows them to lower/defer it, and he hits almost every incentive anyway.

    Brady has always gotten paid, this take less stuff isn’t really true, although it is true the last 4 years or so he has been well underpaid in regards to his Reg. and Post season performance, Championships and the good public relations (which has real long term franchise value)he brings to the team. it would be more accurate to say he has taken “cap friendly” deals and timely restructures that also help the team.

    I think this is all new stuff for a team, since top players/QB’s really haven’t gotten to this age at Brady’s performance levels- and it’s going to lead to some more creative type contracts as top guys seem to be playing longer now.

    That’s my two cents anyway!

  27. mammothfan says:

    August 11, 2018 at 9:39 am

    I wonder how much kraft stock Tom Brady has?

    ——————————————————–
    Most people would not care what stocks Brady may have purchased with the money that he earned. Some clueless people make a false assumption and believe that the family that owns the Patriots also owns or runs the company that makes food products. Some in the tin foil hat crowd are prone to making up stories based on that false assumption. Some even post nonsense online due to jealousy.

  28. droppedinagreasefire says:
    August 11, 2018 at 11:42 am
    BB drafted and developed Brady. No one else wanted him. Do you know facts at all?

    Brady owes his entire career to Belichick and Kraft.

    Brady was a 6th rd pick. No way Brady has the career he has had elsewhere. No way.

    Brady hasa TB12 facility right on Kraft’s property.

    You Millennials are so obtuse. Bortles and other overpaid QBs an destroy their teams caps and the pats will keep beating those teams.
    ______________________________________________________________________

    So after 5 SBs, multiple MVPs, recognition of being one of the greatest if not the GOAT, you are saying that your boy doesnt deserve to be paid current market value ($30M) because the Pats drafted him and developed him? God, that is rich!

    ———

    Maybe Brady is more content playing on a winning team than eking out a few more million dollars per year?

    Maybe your teams QB should start thinking this way.

  29. BB drafted and developed Brady. No one else wanted him. Do you know facts at all?

    Brady owes his entire career to Belichick and Kraft.

    Brady was a 6th rd pick. No way Brady has the career he has had elsewhere. No way.

    Brady hasa TB12 facility right on Kraft’s property.

    You Millennials are so obtuse. Bortles and other overpaid QBs an destroy their teams caps and the pats will keep beating those teams.
    ———————————————–

    It’s not real clear who originally posted the words above- but
    In regards to #1- Bill didn’t want Brady either- so you don’t know your facts either.

    #2- well Bellichik owes his entire career to Kraft- so what, doesn’t mean he, or Brady shouldn’t get paid.
    #3 6th round pick true, but a late pick who proved himself thru hard work- that works ANYWHERE, not the same career, true, but still a really good career, and NO WAY does Bill have the same results without Brady, and he would never have gotten a 3rd HC position after the Jets thing.
    #4 True- yoiu finally got one!
    #5 Not sure who is an “Obtuse Millennials”, or its relevance here, and Bortles may be overpaid, but his deal is basically a two year deal that is VERY good for the team, the cap, AND him. So- know your facts. It should also be pointed out Bortles made the AFC Championship, played well enough, and the Jags had a good O last year- look it up, and he certainly has shown prowess in beating a good Steelers team TWICE

  30. “I wonder how much kraft stock Tom Brady has?”

    Lolz Kraft has nothing at all to do with Kraft Foods. In fact he made his fortune through a packaging company and other projects.

    Not to mention Brady and his wife are worth over half a billion dollars, Brady makes big money through endorsements and has his TB12 sports medicine business for post football.

  31. superpatriotsfan says:
    August 13, 2018 at 9:31 am
    Under the table money….business as usual in New England
    ————————————————
    More like: kickin your teams butt & playing in ANOTHER SUPER BOWL……business as usual in New England

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