Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

El Supremo

(20,365 posts)
Mon Apr 25, 2016, 03:10 PM Apr 2016

Tom Brady knew this was coming

Tom Brady may act surprised over the court-ordered reinstatement of his four-game Deflategate suspension, but his financial planning says otherwise.

Months before Monday’s bombshell ruling, back in February, Brady agreed to a contract extension with the Patriots that paid him a comfy $28 million signing bonus and reduced his base salary in 2016 (and 2017) to just $1 million.

Why is that relevant? Because now, the multimillionaire quarterback — with the multimillionaire supermodel wife — stands to lose approximately $235,000 in salary. Before ripping up his previous contract, Brady was scheduled to make $9 million in salary, of which he would have forfeited north of $2 million in the event of the NFL getting his ban restored.

That’s $1.88 million in savings, without adjusting for inflation.

http://nypost.com/2016/04/25/tom-brady-knew-this-was-coming/

Latest Discussions»Culture Forums»Sports»Tom Brady knew this was c...