Patriots extend Tom Brady

 

Tom Brady has agreed to a three-year, $27 million contract extension with the Patriots, a deal that will keep him with New England through the 2017 season, a league source confirmed to ESPNBoston.com's Mike Reiss.

The extension includes a $3 million signing bonus along with annual salaries of $7 million in 2015, $8 million in 2016 and $9 million in 2017, when Brady will turn 40, according to the source.

Brady's relatively modest deal frees up $15 million worth of salary-cap space for the Patriots in the 2013 and 2014 seasons, a league source told ESPN.

 
http://espn.go.com/boston...nsion-according-source
 

Phil Callihan    Editor-in-Chief   UMGoBlue.COM

It's said that Tom Brady would be such a poor loser, that he will do whatever it takes to win.  
 
At the end of the day, he's one of the few athletes to practice what he preaches.  It's not about the money.  Go Blue and Go Pats!

While Tom Brady's contract extension lowers his average base salary and creates significant salary-cap space for the New England Patriots to surround him with a team capable of challenging for a Super Bowl, the quarterback also nearly doubled the guaranteed money owed him over the next five seasons, according to a league source who has reviewed the documents.

Until the agreement was revealed yesterday, Brady was under contract to the Patriots for two seasons with a contract containing $30 million in guarantees. Now he's under contract for five seasons with $57 million guaranteed for injury.

 
http://espn.go.com/boston...ly-doubled-deal-source

Phil Callihan    Editor-in-Chief   UMGoBlue.COM