Tampa, Florida – Quarterback Tom Brady signed a contract extension with the Tampa Bay Buccaneers that reportedly will enable him to reach his goal of playing in the NFL until he is at least 45.
The Buccaneers announced the transaction on Friday, however did not divulge the terms of the deal.
ESPN reported on Friday that Brady and the Buccaneers reached an agreement on a four-year contract extension that voids to a one-year extension.
Brady, who will turn 44 in August, is contractually linked with the Buccaneers through the 2022 season.
“In pursuit of 8…LFG @Buccaneers we’re keeping the band together,” Brady wrote on Twitter, accompanied by a picture presumably of him signing a contract.
The fancy footwork with the contract saves Tampa Bay $19 million against the cap this season. The three voidable years of the deal creates salary-cap room for the Bucs, who signed linebackers Lavonte David and Keith Minter to contracts on Friday.
The Buccaneers entered the month not knowing where the cash might come from to retain their key free agents. Wide receiver Chris Godwin was given the franchise tag and David re-signed on Friday, leaving pass rusher Shaq Barrett as the top pending free agent who remains unsigned. Tight end Rob Gronkowski and wide receiver Antonio Brown are also unrestricted free agents.
Brady signed a two-year deal in free agency in March 2020, exiting New England for $25 million in 2020 and the same amount in 2021.
Brady’s first season in Tampa Bay was an unmitigated success.
He earned his seventh Super Bowl ring last month when the Buccaneers cruised to a 31-9 victory over the Kansas City Chiefs. He threw three touchdowns while winning Super Bowl MVP honors for the fifth time.
“When we acquired Tom a year ago, we were extremely excited about the leadership, poise and winning track record that he would bring to our locker room. Since that time, he has proven himself to be the ultimate competitor and delivered in every way we had imagined, helping us capture the Lombardi Trophy,” Buccaneers general manager Jason Licht said. “Year after year, Tom proves that he remains one of the elite quarterbacks in this game and we couldn’t be happier to keep him in Tampa Bay as we continue to pursue our goals together.”
Brady threw for 4,633 yards and tossed a team-record 40 touchdown passes, his second-highest total in a single season in his career.
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