kerouac9
Klowned by Keim
Thanks. I'm obviously very knowledgeable of how restructures work.
In this particular situation, he's getting an additional million a year and there is no salary cap relief. Sure, the guarantees are wiped out. Plus, the Patriots would be out of their minds to cut him unless he suffers a serious injury, so in essence, there's little risk involved for Brady.
Brady is getting a raise, while we're going to ask Fitz to take a pay cut.
Again, these two situations are different. Brady's situation is more for cash flow; whereas for Fitz, the motivation is to gain salary cap flexibility. I'm sure if the salary cap wasn't an issue, the team would just pay the $23 mil outright, but that's a fantasy.
That's utter, utter nonsense. Brady just gave up $24M in completely guaranteed money as of this week--as long as he wants to play football--for $27M in speculative money that the Patriots need to decide to pay him either on the first day of each league year or in Week 1.
Bill Barnwell of Grantland just did a good piece on this restructure. His view is that Brady wanted to protect himself from being traded to Oakland or Tampa in two years.