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Brady is Giving Back
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<blockquote data-quote="sschind" data-source="post: 820618" data-attributes="member: 10247"><p>That's what I said. He takes less money per time but he takes it more often. That is not giving back but he is helping the team by lowering the cap hit and for that I commend him but in reality its the smart move. However, if we take just one aspect of many contract extensions, that of converting salary to a signing bonus. In Brady's case he is scheduled to make 14 million this year in salary in 2019. If they convert 12 million of that to a signing bonus on a 3 year extension it reduces the cap hit in 2019 but he has not given anything back. in fact he is getting it much sooner as he gets 12 million in one lump sum rather than having to wait for 17 game checks. Its not just the yearly salary that counts against the cap though, its the bonuses as well. His salary this year would be 2 million dollars but that is not the cap hit. You have to figure in the prorated signing bonus as well as any other bonuses. He could play for a yearly salary of 1 million dollars but his cap hit will be much more than that.</p></blockquote><p></p>
[QUOTE="sschind, post: 820618, member: 10247"] That's what I said. He takes less money per time but he takes it more often. That is not giving back but he is helping the team by lowering the cap hit and for that I commend him but in reality its the smart move. However, if we take just one aspect of many contract extensions, that of converting salary to a signing bonus. In Brady's case he is scheduled to make 14 million this year in salary in 2019. If they convert 12 million of that to a signing bonus on a 3 year extension it reduces the cap hit in 2019 but he has not given anything back. in fact he is getting it much sooner as he gets 12 million in one lump sum rather than having to wait for 17 game checks. Its not just the yearly salary that counts against the cap though, its the bonuses as well. His salary this year would be 2 million dollars but that is not the cap hit. You have to figure in the prorated signing bonus as well as any other bonuses. He could play for a yearly salary of 1 million dollars but his cap hit will be much more than that. [/QUOTE]
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