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Tom Brady overestimated himself and lost $5 million
NY Post ^ | January 1, 2019 | Anthony Barstow

Posted on 01/02/2019 8:02:45 AM PST by EdnaMode

Tom Brady bet on himself this season and lost big.

As part of a series of team-friendly deals the three-time MVP has taken from the Patriots, Brady had $5 million in performance bonuses built into his contract for 2018, and he will receive exactly none of that money.

Brady was in line to receive $1 million for finishing in the top five in the league in each of passer rating, completion percentage, yards per attempt, touchdown passes and passing yards, according to contract data from Spotrac.com. He failed to accomplish any of those.

(Excerpt) Read more at nypost.com ...


TOPICS: Sports
KEYWORDS: brady; football; newengland; newenglandpatriots; nfl; patriots; pats; tombrady
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He'll survive.
1 posted on 01/02/2019 8:02:45 AM PST by EdnaMode
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To: EdnaMode

Poor guy.

2 posted on 01/02/2019 8:04:47 AM PST by Fido969 (In!)
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To: EdnaMode

He didn’t “lose” 5 million. He simply didn’t earn it.


3 posted on 01/02/2019 8:08:06 AM PST by Dr. Sivana (There is no salvation in politics.)
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To: Dr. Sivana
THIS is news ?

Pathetic.

4 posted on 01/02/2019 8:09:28 AM PST by knarf (I say things that are true; I have no proof .... but they're true.)
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To: EdnaMode
I'm no fan of Brady, but that took some balls - promising numbers and taking less money if he didn't post them.

More sports contracts should be set up like this.

5 posted on 01/02/2019 8:10:55 AM PST by dead (Our next president is going to be sooooo boring.)
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To: EdnaMode

Instead of attacking Brady,
Let’s look at his contract as a way that the team could work around Tom, to try and afford other players.

I don’t think he’s crying over the money not awarded to him.
He still made $15 mill.
He knows his career is winding down.

He’s had an incredibly long run.
18 years.

He’s got many accomplishments to be proud of.


6 posted on 01/02/2019 8:11:36 AM PST by mountn man (The Pleasure You Get From Life, Is Equal To The Attitude You Put Into It)
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To: Fido969

I think they both need to see other men


7 posted on 01/02/2019 8:14:51 AM PST by al baby (Hi Mom Hi Dad)
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To: EdnaMode

I’m surprised that all those top athletes don’t have performance clauses in their contracts.


8 posted on 01/02/2019 8:17:12 AM PST by JimRed ( TERM LIMITS, NOW! Build the Wall Faster! TRUTH is the new HATE SPEECH.)
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To: Fido969

That looks expensive!


9 posted on 01/02/2019 8:17:12 AM PST by Zathras
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To: EdnaMode
"Tom Brady Overestimated Himself and Lost $5 Million Chump Change".
10 posted on 01/02/2019 8:17:47 AM PST by Sans-Culotte (Time to get the US out of the UN and the UN out of the US!)
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To: EdnaMode

New York media trashing Boston sports. Same old, same old.

Brady has long agreed to be underpaid so management can get better players. A down year means more money for some other players. That’s why he’s got 8 Superbowl appearances.


11 posted on 01/02/2019 8:22:26 AM PST by jjotto (Next week, BOOM!, for sure!)
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To: EdnaMode

The media despises Brady almost as much as they despise Trump.


12 posted on 01/02/2019 8:22:28 AM PST by Conserv (alifornia soe)
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To: dead
In many cases those bonuses have been used as strategies to circumvent the NFL salary cap.

The NFL cracked down on some of that back in the 1990s when the 49ers got some very talented players for low salaries and huge bonuses that were very easily achieved. Rickey Jackson was a top free agent linebacker who had been paid more than $1.3 million in his last year with the Saints. He signed with the 49ers the following year for the league minimum (less than $200,000) plus an $800,000 bonus if the team made the playoffs (which they were going to do unless the team plane crashed).

They also made arrangements with corporate sponsors to get the sponsor to sign big endorsement deals with their players to make up the difference between what they were paid by the team and what they could have gotten elsewhere in the NFL.

13 posted on 01/02/2019 8:22:43 AM PST by Alberta's Child ("I'm a cool dude in a loose mood! Hey -- two ginger ales for my girls!")
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To: EdnaMode

I had heard Brady has been paid “off the books” in a very creative way to allow the Patriots to keep him, and pay the large amounts he deserves (deserved?) while still allowing cap room for other key players. Any Patriots fans out there who can enlighten?

Others in the AFC East are praying for the day he leaves.


14 posted on 01/02/2019 8:23:11 AM PST by PGR88
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To: Dr. Sivana
Thanks. The rational of any good bonus plan's payment is to succeed and meet the goals of that bonus plan.

He didn’t “lose” 5 million. He simply didn’t earn it.

15 posted on 01/02/2019 8:23:52 AM PST by Grampa Dave (Liberals/Democrats/GOPe's 2019 Strategy, mantra, plan = 'No Borders, No Walls, No USA at All!')
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To: al baby
Hahahaha!

Line of the year!!!

16 posted on 01/02/2019 8:25:49 AM PST by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to says)
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To: knarf

Well, yeah. All the Denver news can talk about is the Broncos head coach got fired. That’s what’s important.


17 posted on 01/02/2019 8:26:01 AM PST by real saxophonist (One side has guns and training. Other side's primary concern is 'gender identity'. Who's gonna win?)
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To: JimRed
Some general managers hate individual performance bonuses. Lou Lamoriello, the GM of the New Jersey Devils who was considered perhaps the top GM in all of North American sports from around 1990 to 2005, was notorious for refusing to include individual performance bonuses in his player contracts. Instead, he paid team bonuses for wins, playoff appearances, Stanley Cup championships, and even shutouts.

His rationale was that he never wanted players to think about what was best for them individually, but what was best for the whole team.

18 posted on 01/02/2019 8:26:20 AM PST by Alberta's Child ("I'm a cool dude in a loose mood! Hey -- two ginger ales for my girls!")
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To: PGR88

Yep. It is estimated Brady’s 2016 income was $45 million or so. NFL salary was less than half that.


19 posted on 01/02/2019 8:38:40 AM PST by jjotto (Next week, BOOM!, for sure!)
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To: PGR88

Brady has restructured his contract at least twice to allow room for other free agents players and keep the Pats under the salary cap. Brady is underpaid in relation to many other NFL QB’s. This season was not Tom’s best. Overall he was middle of the road. He is still the GOAT. That is what the New York papers hate. He will enter the NFL Hall of Fame on first ballot. The Pats have dominated the NFL ever since Brady started playing.

As far as other AFC teams go. Who has the most wins at New Era Field home of the Buffalo Bills? Answer: Tom Brady
FYI, I grew up as a Bills fan and remained a Bills fan until they benched Doug Flutie. Then I became a Pats fan.

The only place he consistently has had issues is playing in Miami.

My prediction is the Pats will lose the AFC Championship game to KC. KC/NO Superbowl. NO wins


20 posted on 01/02/2019 8:42:11 AM PST by woodbutcher1963
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