Tom Brady is now signed with the Tampa Bay Buccaneers through 2022 as the quarterback is inking a one-year contract extension. Adam Schefter reported that the team and Brady reached an agreement on a four-year contract extension that voids to a one-year extension.
This allows Brady’s money to be spread out over four years, but the quarterback is under contract for two more seasons.
“Tom Brady reached agreement with the Buccaneers today on a four-year contract extension that voids to a one-year extension that locks him into Tampa through the 2022 season, sources tell ESPN,” Schefter tweeted. “The Tom-Brady extension saves the Buccaneers $19 million against the cap this year, per sources. The additional voidable years are there to defray the cost. It was another effort from Brady to keep as much of the team together as possible.”
La Canfora provided a bit of context as to why Brady wanted to sign an extension.
“As one source put it, the thrust of this is about ‘doing what he can to help retain great players and build a foundation for more success,’” La Canfora added. “It’s about creating a salary strata where other players in their prime can continue to cash in, with the team that drafted them, while Brady helps steward them to more deep playoff runs. …They could give him $20M-plus in a bonus and spread it over four years (if three new years are added on) and have enough to keep multiple players right there. That’s where this is headed. And I suspect Brady, if three new years are added, fulfills that contract.”
The future Hall of Famer will turn 45 just before the start of the 2022 season.
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In 2020, Brady appeared in all 16 games for the Buccaneers and threw for 4,633 yards, 40 touchdowns and 12 interceptions.
