New deal pays Tom Brady $60 million over four years
Patriots quarterback Tom Brady will receive a $28 million signing bonus under the terms of his contract extension, which was completed and filed with the NFL this week.
The total value of the new deal is $60 million over four years, and it will keep him in New England through the 2019 season.
His base salaries for the next four seasons will be $1 million in 2016 and 2017, and $14 million in 2018 and 2019. His salary cap numbers are $14 million in 2016 and 2017, and $22 million in 2018 and 2019.
The deal remains a favorable one for the team. Brady is due to make $30 million the next two years, compared with the $37 million the Texans will pay new quarterback Brock Osweiler.
With his new contract, Brady will save himself almost $2 million if he ends up serving a four-game suspension for Deflategate. Under the previous deal, his salary in 2016 would have been $9 million, which means a four-game suspension would cost him $2.118 million. The new deal means his salary for four games would be $235,294.
A three-judge panel is deliberating whether to overturn Judge Richard M. Berman’s ruling in August that set aside Brady’s four-game suspension for Deflategate. The NFL appealed the decision, and a hearing was held March 3. A ruling could be months away.
Brady was due to make $19 million the next two years.
|Base salary||Signing Bonus||Cap Number|
|Base salary||Signing Bonus||Roster Bonus||Cap Number|
|2016||$1m||$6m + $7m||$0||$14m|
|2017||$1m||$6m + $7m||$0||$14m|