Confession: two days ago, I was one of you, albeit briefly. If you’re among those praising Tom Brady for accepting a contract that was at the time thought to be well below market standards, I joined your kind in the immediate aftermath of the deal before the details were known, calling Brady the “Mother Teresa of football“. Please excuse me while I eat soap.
Since then we’ve learned that what looked like a $27 million extension for three years actually gives Brady more guaranteed money, and thus, well, more money because the guaranteed portion of NFL contracts is all that ever matters. Prior to the deal he was under contract for two years, and set to receive $30 million in guarantees. Now that number has nearly doubled to $57 million, which includes a $30 million signing bonus.
He’s no saint. He’s just a regular rich football player, and now he’s guaranteed to become significantly more rich over the next five years. The gains for the Patriots are in the base salary and salary cap hit, which are achieved by siphoning the money through that bonus. That’s how $15 million in cap space has been found.
So it may be that soap I’m still eating, but I threw up a little bit while reading Brady’s comments earlier this morning during an interview with WEEI in Boston.










