Report: Brady Restructures Deal, Saves Patriots $7.2 Mil Against Cap Boston

Report: Brady Restructures Deal, Saves Patriots $7.2 Mil Against Cap

March 22, 2012 12:00 AM

" BOSTON (CBS) – New England Patriots quarterback Tom Brady restructured his contract last week, saving the Pats $7.2 million against the salary cap this coming season.

However, Brady’s cap hit will now be higher for the 2013 and 2014 seasons.

Brady originally signed a four-year, $72 million extension in 2010, where his 2012 base salary was $5.75 million. That will now be just $950,000. The remaining $4.8 million will now be combined with a $6 million roster bonus (set to be earned in February 2013), with the $10.8 million becoming a signing bonus prorated over the final two years of the deal "

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