Tom Brady’s Patriots contracts, salaries over the years – NBC Boston
Here are Tom Brady’s Patriots contracts over the years originally appeared on NBC Sports Boston
Tom Brady is the best quarterback in NFL history – but he didn’t get that paid during his 20-year tenure with the New England Patriots. Here we take a look at all of Brady’s Patriots contracts, from when he was an unannounced six-round pick to being a six-time Super Bowl champion.
Hand out: 3 years, $ 864,000
Signing Bonus: $ 38,400
As the 199th overall pick in the 2000 Draft, Brady’s deal was accordingly modest. For comparison – and as an indicator of how the game has done over 19 seasons – the 199th pick in 2019 was Gerri Green’s defensive end.
His contract runs for four years and is $ 2.52 million. His signing bonus is $ 157,608. His rookie salary is $ 495,000. Brady’s was $ 193,000.
Brady wouldn’t see the end of that rookie deal as he was renewed in August 2002 after leading the Patriots to their first Super Bowl win at the end of the 2001 season.
Hand out: 5 years, $ 30.52 million
Signing Bonus: $ 10 million
In the last week of August 2002, Brady landed a new deal that would take him through 2006. As part of that deal, Brady received $ 250,000 for every AFC championship win and $ 250,000 for every Super Bowl win. He would make $ 1 million from these incentives thanks to the 2003 and 2004 seasons. He kept his original 2002 salary of $ 375,000, but salaries jumped to $ 3.1 million, $ 5.5 million, $ 5.5 million, and $ 6 million from 2003 to 2006 Therefore, his fees for the cap in the years ’05 and ’06 were set at $ 10 million and $ 14 million, respectively.
While that may seem lucrative to a player who started just 14 regular season games, Drew Bledsoe’s contract with the Patriots, signed just 18 months earlier, was for 10 years and $ 103 million. So Brady was a bargain.
Hand out: 6 years, $ 60M
Signing Bonus: $ 26.5 million ($ 14.5 signing bonus, $ 12 million roster bonus in 2006)
This deal, which was supposed to keep Brady through the 2010 season, became controversial. It was signed on May 4th, but the hanging up and haggling began in late February. In question? The Patriots wanted to pay Brady his proposed $ 24 million bonus in four installments. More than half of the bonus money would come in the first two years of the contract, but unpaid bonus money in the later contract years would not be guaranteed. An M-Bonus would never be realized.
As I wrote for the Providence Journal in March 2005, I stated, âAt this point, the negotiations are not entirely bitter. But Brady isn’t blind to the fact that he’s ready to meet the Patriots halfway on salary but not halfway on bonus. âPeyton Manning was on a seven-year $ 98 million contract at the time, the he signed in 2004 with a $ 34.5 million guarantee.
Hand out: 4 year, $ 72 million extension
Signing Bonus: $ 48.5 million guaranteed
It took a car accident to get this deal over the finish line. Given the uncertainty of an upcoming year with no cap in 2011, the Patriots and Brady worked hard to close a deal before the start of the 2010 regular season, when Brady would start his running year. A car accident on Thursday morning caused Robert Kraft to ponder the fragility of things and decided to close the deal. The four years and $ 72 million was for the 2011 through 2014 seasons and had a record amount of guaranteed money and was (briefly) the largest contract in NFL history.
The deal was announced by Peter King midway through the season opener Thursday night on NBC. After the deal was closed, Kraft said, “You are never sure (when the deal will close) because it’s difficult. You have two sides. You have agents, but everyone is trying to help, but it gets complicated.” but now please god he’s gonna be the quarterback here for 15 years. That’s unusual. “The day after Brady signed the deal, Bill Belichick said at his morning press conference,” There’s no quarterback I’d rather have than Tom Brady. “
Hand out: 3 year, $ 27 million extension
Guaranteed money: $ 33 million
After an MVP season in 2010, a Super Bowl trip in 2011, and a trip to the AFC Championship in 2012, Brady revised and extended his contract just before the start of the 2013 league year. He gave the Patriots a huge financial hiatus when he agreed to the three-year extension for $ 27 million. The agreement saved the Patriots $ 8 million in the Cap Room in 2013 and $ 7 million in the Cap Room in 2014. Brady’s hope at the time was that Team Wes Welker, who was on the fringes of independent representation, would sign again. Instead, Welker wanted to test the market and the Patriots signed Danny Amendola. Even so, Brady’s deal gave the Patriots tremendous flexibility. His salaries from 2015 to 2017 were $ 13 million, $ 14 million, and $ 15 million. Including 2013 and 2014 – for which he already had an agreement – the maximum value of the deal was $ 57 million over five years, with $ 33 million guaranteed.
“I was just trying to be one step ahead of the curve,” said Robert Kraft at the time, being able to build a team. We don’t want a team where we pay 18 to 20 percent to a player with the cap. I wanted to do something elegant that would work for everyone. I had talked to him over and over for maybe 18 months about how I wanted him to end his career here and how we both had to be smart. I just really want him to end his career as a patriot. ”
Julian Edelman said it’s definitely going to be weird as he’s torn over his loyalty to Tom Brady and the Patriots.
Hand out: 2 year, $ 41 million extension
Signing Bonus: $ 28 million
In March 2016, a little less than two years after Bill Belichick pointed out Brady’s age and contract status the night Jimmy Garoppolo was drafted, Brady signed a two-year extension to guide him through the 2019 season. The deal was appended to the 2018 and 2019 seasons, but the Patriots covered themselves when the deal was closed. The Patriots had $ 1 million team options prior to the 2018 and 2019 seasons, which gave them a knockout if Garoppolo dropped Brady. He did not do it. And it was dealt with at the close of trading in October 2017. Back then, people thought Brady didn’t want to rock the boat – and was suspicious of Jimmy G. – so he made another team-friendly deal.
Hand out: 1 year, $ 23 million
Signing Bonus: $ 8 million
With his contract expiring at the end of the 2019 season, Brady had to wait for the Patriots to work out an offer. In July it finally started to come together, but the end result was far from a blessing for Brady. The Patriots merely took his salary of $ 14 million for 2019, turned it into $ 1.75 million for 2019, and then converted that money into a $ 20 million signing bonus that the team made the $ 20 million -Dollars into three equal prorated parts for the 2020 and 2021 seasons. The Patriots roared “Extension” without giving Brady a real one. Brady – who hadn’t been paid as an elite player for nearly a decade – pushed for a clause preventing the team from putting the franchise or transition tag on him.