Tom Brady Earning $10M Per Year Below Market Value

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Tom Brady Earning $10M Per Year Below Market Value 

Post#1 » by RealGM Wiretap » Thu Oct 1, 2015 1:33 am

Tom Brady has one of the most team-friendly contracts in the NFL due to a restructured contract in 2013 and a subsequent extension.

Before the renegotiation, Brady was scheduled to make $30 million through a couple of high salaries. After the renegotiation, that number became $33 million, consisting of a $30 million signing bonus (the last deferred payment of which was paid in February to the tune of $5 million) and salaries of $1 million for 2013 and $2 million for 2014. Thus, the Patriots got better cap flexibility due to the prorated bonus while Brady received significantly better cash flow and an extra $3 million to boot.

The deal added an extension with "out years" in 2015, 2016 and 2017 at salaries of $7 million, $8 million and $9 million respectively, which are low for a quarterback of Brady's caliber.

At the end of last season, there was a renegotiation to bring the salaries for those years up by $1 million per season.

Brady is earning roughly $10 million per year below his market value.

Via Andrew Brandt/Sports Illustrated

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Re: Tom Brady Earning $10M Per Year Below Market Value 

Post#2 » by WindyCityBorn » Thu Oct 1, 2015 9:23 pm

His wife is richer than he is so he could afford to take a pay cut to win his final years. Not many athletes have that luxury.
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Re: Tom Brady Earning $10M Per Year Below Market Value 

Post#3 » by boomershadow » Fri Oct 2, 2015 12:19 pm

WindyCityBorn wrote:His wife is richer than he is so he could afford to take a pay cut to win his final years. Not many athletes have that luxury.


But he didn't take a pay cut. He actually got more money.

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