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Patriots' salary cap will take eventual hit

Originally Published: September 4, 2002
By Len Pasquarelli | ESPN.com

The contract extension signed by New England Patriots quarterback Tom Brady last week is worth more than $30 million in so-called "new money" and keeps his salary cap number more than palatable for this season before escalating dramatically in cap value in its later years.

According to NFL Players Association documents obtained by ESPN.com, the third-year veteran received a signing bonus of $3.5 million but kept his 2002 base salary at $375,000, the amount negotiated in his initial rookie contract ...

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