Bucs Get Good News Regarding Brady’s Dead Cap Hit

The Bucs had been observing an enormous quantity of useless wage cash from Tom Brady’s retirement this offseason. With Brady having $32 million in useless cap cash, Tampa Bay was anticipating to soak up $8 million in 2022 and push the remaining $24 million into 2023 by placing the quarterback on the reserve/retired record after June 1.

However now Brady will account for $17 million in useless cap house, as first reported by Greg Auman of The Athletic on Twitter. Brady will nonetheless account for $8 million in useless cap cash in 2022, however will solely have an effect on the 2023 cap with $9 million in useless cap room.

That’s as a result of Brady was alleged to obtain a deferred $15 million bonus in February. But his contract allowed the Bucs to retrieve $16 million of his complete bonus cash if Brady retired earlier than his contract expired after the 2023 season. As Auman put it on Twitter, it’s primarily a wash for the Bucs.

This transfer doesn’t do a lot to assist Tampa Bay’s present wage cap scenario for the 2022 season. Brady was all the time going to take up $8 million price of cap house in 2022 after June 1. However the Bucs do get some vital assist assist for the 2023 season – a financial savings of roughly $15 million in cap room for subsequent yr.


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