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Spotrac, a website that tracks team and player contracts,
initially indicated on Saturday that the seven-time Super Bowl
champion quarterback would forfeit that bonus if he announced
his retirement before Feb. 4.
On Sunday, the website issued a correction that the bonus, which
is money that was deferred from Brady's signing bonus last
March, is not at risk should he retire before that date.
"This $15M is not a new bonus, rather a deferred payment from
Brady's March 2021 signing bonus. It's a fully vested bonus of
which $15M has not yet been paid out. February 4th is that
payment date, not a trigger for TB to earn it or else," Spotrac
said in a tweet.
Widespread reports late last week indicated that the 44-year-old
Brady had decided to retire, although the quarterback has not
announced it.
In fact, his father, Tom Brady Sr., told KRON4 in San Francisco
that his son was not retiring and that the story began as "an
online publication started circulating an unsubstantiated
rumor."
Brady's one-year contract extension, which he signed last March
after leading the Tampa Bay Buccaneers to his latest Super Bowl
victory, was worth $25 million plus the signing bonus.
The three-time MVP has played 22 NFL seasons, all but the last
two with the New England Patriots. He has thrown for 84,520
yards and 624 touchdowns, both all-time records.
--Field Level Media
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