UPDATE: Brady’s deal includes $9 million in incentives, broken down as follows.
Incentives in Bucs QB Tom Brady's 2-year, $50 million deal.— Albert Breer (@AlbertBreer) March 21, 2020
• Markers: $500K for playoffs, $750K for winning WC playoff, $1.25M for NFC title game, $1.75M for Super Bowl, $2.25M for world title.
• $562,500 each for Top 5 in QB rating, TDs, yards, comp %, yards/att.
Max of $2.25M in performance incentives means Brady maxes out in hitting 4 of the 5, and those require minimum of 224 pass att. On the team incentives, Brady needs to hit 75 percent play-time to get them.— Albert Breer (@AlbertBreer) March 21, 2020
Incentives are in both years, $4.5M/year. Which gets you to max of $59M.
The Tampa Bay Buccaneers and Tom Brady announced on Friday that the quarterback is signed, sealed, and delivered. Now, contract details are leaking out. ESPN’s Adam Schefter has the numbers, and they’re a bit different than what we might have expected.
There had been reports Brady wanted $60 million over two years. His deal is for two years and could be worth $59 million, but $9 million of that is divided into two years worth of incentives. The deal is $50 million guaranteed and then a chance to earn up to $4.5 million more each year.
Two notable aspects to the deal are that it includes a no-trade clause and it also prohibits the Bucs from using the franchise or transition tags on Brady. Brady turns 43 this August, but he seems intent on keeping his options open following the 2021 season. If he wants to keep on playing, he wants to make sure he has the freedom to control his location.
The Bucs are among the Super Bowl favorites, with the eighth best odds at DraftKings Sportsbook. It’s difficult to predict what things might look like a year from now, but if Brady can put together a solid season, they’ll remain among the favorites through the end of his contract. He’ll be approaching 45 at that point, so this is far from a guarantee.
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