PatsCap: Examining cap implications of Tom Brady’s contract restructure

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(Adam Richins/Boston Sports Journal)

The Patriots and Tom Brady have agreed to restructure his deal giving him the opportunity to increase his 2018 cash intake by $5 million via incentives.

Let's take a look at the restructuring and the impact it has on the Patriots' salary cap.

While there has not been a report that the $5 million in incentives will be classified NLTBE (Not Likely to Be Earned), I expect the incentives to be classified that way. Background — for a statistic to be considered NLTBE in 2019, Brady could not have accomplished the feat in 2018. For example, Brady did not score a rushing touchdown in 2018 so scoring a rushing touchdown in 2019 would be considered NLTBE. Since Brady threw 32 touchdown passes in 2017, throwing 33 in 2018 would be considered NLTBE.

What incentives could be considered NLTBE for last year's MVP?

  • Points scored by the team: 459
  • Touchdowns scored by the team: 49
  • Total offense (net yards): 6,308
  • Average net yards gained per passing play: 8.0
  • Passing completion percentage: 66.4 percent
  • Wins: 14
  • Super Bowl victory
  • Passer rating (224 attempts): 102.9
  • Completion percentage (224 attempts): 66.3
  • Interception percent (224 attempts): 1.3 percent
  • Total yards: 4,578
  • Yards per pass (224 attempts): 8.0
  • Touchdown passes: 33
  • Total rushing yards: 29
  • Rushing Touchdowns: 1

Since Brady was a Pro-Bowler and an All-Pro in 2017, making those teams again in 2018 would be considered LTBE.

Answering some logical follow-up questions:

Question: What are Brady's 2018 and 2019 cap numbers?
Question: $22 million. That consists of:

  • $14 million salary
  • $7 million signing bonus proration
  • $1 million in 46-man active roster bonuses ($62,500 per game).

Question: Presuming Brady earns the $5 million in incentives, where does he now rank among the league's quarterbacks in terms of 2018 compensation?
Answer: Earning $20 million in cash would tie Jacksonville's Blake Bortles for the tenth-highest compensation intake among NFL quarterbacks.

Question: Presuming that Brady earns the $5 million in incentives, where does he now rank among the league's quarterbacks in terms of new money APY (Average Per Year)?
Answer: His $23 million APY is the ninth-highest among NFL quarterbacks.

Question: Does this Brady “adjustment” give him an additional year(s)?