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Tom Brady Restructures Deal

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Tom Brady has once again reworked his contract with the goal of giving the Patriots more spending money in the offseason.

NFL Media Insider Ian Rapoport confirmed Monday that Brady has removed the “skill” guarantee in his contract, according to a source that has seen Brady’s deal. Brady’s contract remains fully guaranteed for injury. ESPN first reported the story.

Under the new contract, the Patriots will free up $24 million in cash flow. It does not impact the Patriots’ salary cap situation. The change means that Brady could theoretically be released in the future for performance issues, and they wouldn’t owe him any more money. (This is true of the vast majority of players. And considering he’s vastly underpaid, there’s no reason to think the Patriots will be cutting Brady any time soon.)

via Dan Hanzus of NFL.com


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