Antonio Brown is not only out of a job — he could be out close to $10 million.
The Patriots decided Friday to cut to the bombastic wide receiver after just 11 days with the team. When Brown officially signed on Sept. 10, he agreed to a $9 million signing bonus and a guaranteed $1 million base salary.
The Patriots were required in the contract to pay him $5 million of the bonus by Monday, Sept. 23, with the remaining $4 million bonus money scheduled to be paid on Jan. 15. According to multiple reports, the Patriots have yet to pay that, and it’s unclear if they will attempt to challenge paying the bonus.
If the Patriots were to withhold the payment, Brown could file a grievance against the club.
It’s possible the Patriots could also attempt to hold back paying Brown the rest of the base salary due to language in his contract.
Under the Salary Guarantee section, if Brown were to take “any action that materially undermines the public’s respect for, or is materially critical of, the Club, the Player’s teammates or the Club’s ownership, coaches, management, operations of policies then, upon election of the Club, the guarantees set forth in this section… will be null and void.”
As well, Brown will be missing out on a number of performance incentives that could have added up to an additional $5 million.
Brown has earned two $62,500 game checks plus a $33,333 roster bonus, according to NFL Network’s Tom Pelissero.
This could be the second huge financial hit Brown takes.
When Brown was traded by the Steelers to the Raiders earlier this year, he signed a 3-year deal worth potentially $54.125 million ($30.125 million guaranteed), according to ESPN.
However, the Raiders, citing conduct detrimental to the team, voided $29.1 million of the guaranteed money following a parade of bizarre antics including threatening GM Mike Mayock. After Brown asked on social media to be cut, the Raiders did just that on Sept. 7.
Brown’s agent Drew Rosenhaus has stated he has not ruled out filing a grievance regarding the Raiders guaranteed money.
On Thursday, the Boston Globe reported Brown’s shoe endorsement deal with Nike had been terminated.
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