Tom Brady agrees to contract extension with Bucs.
The move lessens Brady’s coming cap hit in 2021 from the heft $28.38 million that was set to land, and will allow more movement as they attempt to re-sign players like future Hall of Fame tight end Rob Gronkowski, pass-rush dynamo Shaquil Barrett and a list of others, having already locked up linebacker Lavonte David on a two-year deal that itself includes two voidable years. Brady’s extension will reportedly save the Buccaneers upwards of $19 million toward this year’s salary cap, per Adam Schefter of ESPN, the final figure having been set at $182.5 million by the NFL and NFLPA.
The #Bucs have agreed to terms on a 1-year extension for QB Tom Brady, sources say, one that gives the Super Bowl champs some cap room and locks Brady in 2022.
— Ian Rapoport (@RapSheet) March 12, 2021
The belief is Tom Brady didn’t ask for a raise even after winning another Super Bowl. His original deal was two years, $50 million plus incentives. This tacks on another year through 2022, plus voidables designed to help the #Bucs‘ cap and try to keep their core together.
— Tom Pelissero (@TomPelissero) March 12, 2021