Thread: Tom Brady frees up $24M for Pats

In a deal turned into the NFL office Monday, quarterback Tom Brady restructured his contract to give the New England Patriots $24 million more in cash to spend this offseason, according to league sources.

Under the new deal, Brady changed the $24 million in "skill" guarantee to only "injury" guarantee, meaning that Brady now would get the guaranteed money only if he were injured.

Brady also now can be released by the Patriots without any liability, but he then would become an unrestricted free agent, free to command the type of guaranteed money he has agreed to surrender.

The move frees up cash for the Patriots to use on other players. New England needs the cash to help re-sign some of its own free agents, including cornerback Darrelle Revis, safety Devin McCourty, tackle Nate Solder and running back Shane Vereen, among others.

http://espn.go.com/boston/nfl/story/...lion-more-cash

I have said it before - with all of the free agents the Broncos need to sign, I would love to see Peyton restructure his contract.

And that's the bad difference between Brady and Manning. I couldn't see Manning doing this.

I would never take a paycut as a player.

Originally Posted by King87

I would never take a paycut as a player.

I'm quite sure both Brady and Manning have more money then they know what to do with it. Elway did it more than once.

Yeah, he rocks.

Smart move. You're up, Peyton.

Originally Posted by King87

I would never take a paycut as a player.

If i had amassed my fortune, earned the respect of the front office, the owner, the coaches, fellow players, the fans and other teams fans - but I only had one ring, you bet I would take a paycut

Originally Posted by King87

I would never take a paycut as a player.

He not losing money, (most likely he making more) he is just restructuring.

Originally Posted by daveaitken18

If i had amassed my fortune, earned the respect of the front office, the owner, the coaches, fellow players, the fans and other teams fans - but I only had one ring, you bet I would take a paycut

Absolutely, I would too.

Originally Posted by Bronco9798

Absolutely, I would too.

Nice to agree with each other on something niner!

Manning is playing on essentially a renewable 1 year cash deal. I guess he could accept a straight up pay cut.

Denver has 2015 cap room. NE does not.

http://overthecap.com/salary-cap-space/

Originally Posted by tubby

Denver has 2015 cap room. NE does not.

http://overthecap.com/salary-cap-space/

You can never have enough if you want to compete.

Originally Posted by tubby

Denver has 2015 cap room. NE does not.

http://overthecap.com/salary-cap-space/

So, the Broncos have more than enough money to sign every free agent they want to keep?

The salary cap is magic.