Tom Brady Reportedly Signs Extension That Will Save Buccaneers $19 Million In Cap Space
BOSTON (CBS) -- Tom Brady has reportedly signed an extension with the Buccaneers, one that will keep the quarterback in Tampa Bay through the 2022 season.
The deal will also save Tampa Bay some cap space in the process, giving the team a chance to load up once again as it looks to repeat as Super Bowl champs.
It's a four-year contract with voidable years on the back end, according to ESPN's Adam Schefter, one that will save the defending Super Bowl champions $19 million against the salary cap this offseason. That should help Tampa Bay re-sign some of its own free agents, including tight end Rob Gronkowski, wide receiver Antonio Brown and linebacker Shaquil Barrett.
In pursuit of 8...LFG @Buccaneers we're keeping the band together pic.twitter.com/49zUwS5l3D
— Tom Brady (@TomBrady) March 12, 2021
Brady's extension is essentially a one-year deal that will allow the quarterback to play until the age of 45. Brady had said for years that he wants to play until he's 45, but he admitted ahead of Super Bowl LV that he's open to playing beyond that.
The Brady news comes just hours after news broke that the Patriots will be re-signing quarterback Cam Newton to a one-year, $14 million deal this offseason. Brady and the Buccaneers are set to visit New England during the 2021 NFL season.