Tom Brady’s New Contract Has ‘Deflategate’ Protection
Tom Brady’s latest contract extension with the New England Patriots is designed to protect his bank account if a federal appeals court decides to reinstate his “Deflategate” suspension. The two-year, $41 million contract extension contains drastic reductions to Brady’s base salary for the 2016 and 2017 seasons, meaning the amount of money he’ll lose during a suspension is significantly smaller.
Brady’s new contract, finalized when the NFL’s 2016 league year officially began on Wednesday, lowered his base salary from $9 million in 2016 and $10 million in 2017 to $1 million in each year, according to NFL Network’s Ian Rapoport. To make up the difference, Brady received a $28 million, fully-guaranteed signing bonus.