Monday, February 25, 2013

Patriots and Tom Brady Agree to Extension

The New England Patriots and Tom Brady agreed to a contract extension that would keep Brady in Foxborough until 2017, when he would be 40 years old. The additional 3 years are reported to be worth a total of $27 million. The restructured deal also creates $15 million in cap space for the Patriots the next 2 seasons.

Two things jump out at me after reading this.

#1: How Tom Brady, compared to Peyton Manning, doesn't seem to mind if he's the highest paid QB in the NFL or not. He's getting paid millions, but it doesn't become an ego thing with him like it does with his colleagues. He's confident enough that he doesn't need to be the highest paid, or be in the most commercials.

#2: There are rumors that the Patriots and Wes Welker are close to a long-term deal. That deal is rumored to be worth about $8 million per season. And that's close to how much cap space the Patriots created with this move. I know this is quite a conclusion to jump to. We're taking a fact, adding a rumor, and trying to produce a conclusion. However, the pieces of the puzzle seem to fit together very well.

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