Tampa Bay Buccaneers quarterback Tom Brady’s biggest contribution to the NFL by restructuring his contract.
The move gave the Buccaneers an extra $9 million in cap space for the 2022 NFL season, according to ESPN’s Adam Schefter.
Brady will make the same amount of money after the restructure. He’s not taking a pay cut. Instead, the team shifted how Brady’s contract gets paid out. In Brady’s case, that might include reducing his 2022 salary to the league minimum, but shifting the money he was supposed to make to his bonus.
Tom Brady and the Bucs are restructuring his 2022 contract, creating over $9M in cap space, per @AdamSchefter
Brady is set to be a free agent after this season pic.twitter.com/Gla5On1xup
— Bleacher Report (@BleacherReport) April 22, 2022
The Bucs have restructured Tom Brady’s contract to free up about $9M in cap space, @gregauman confirms. pic.twitter.com/FXnW5jVrlV
— The Athletic (@TheAthletic) April 22, 2022
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