TAMPA, Fla.. – Super Bowl champion quarterback Tom Brady has signed a contract extension with the Tampa Bay Buccaneers that saves the team salary cap space and locks him in with the team through the 2022 season, according to multiple reports.
The move, a four-year extension that voids to one year, saves the Bucs $19 million against the cap for the upcoming season, sources told ESPN. The extra years were added to defray the cost, according to the report.
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ESPN reporter Adam Schefter tweeted, “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.”
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NFL Network reporter Ian Rapoport tweeted, “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.”
Brady, 43, had previously said that his goal was to play until age 45, but he said during the week of the Super Bowl that he would consider playing beyond 45.
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.
— Adam Schefter (@AdamSchefter) March 12, 2021
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