Hot off the Wire news, rumors and tips

Patriots | Tom Brady contract update

New England Patriots QB Tom Brady nearly doubled the guaranteed money owed him over the next five seasons, according to a league source who has reviewed the documents. Brady was under contract to the Patriots for two seasons with a contract containing $30 million in guarantees. Now, he's under contract for five seasons with $57 million guaranteed for injury. Brady's deal includes a $30 million signing bonus, which will be paid out over a period that extends to Feb. 15, 2015, according to a league source. Brady's salaries for 2013 and 2014 are now $1 million and $2 million, respectively, and are fully guaranteed. His salaries for 2015, 2016 and 2017 are $7 million, $8 million and $9 million, respectively, and are fully guaranteed for injury only, meaning that if Brady is released because of an injury, he will still be paid that money.

2013-02-27 04:12:57 | Source:

Access more Tom Brady news and rumors by clicking here....

What do you think? Sound off!

For additional NFL information, please view KFFL's NFL Hot off the Wire.

Fantasy Sports News

NFL Hot off the Wire News | MLB Hot off the Wire News | NASCAR Hot off the Wire News