Coming Up
  • Wed., Jul. 30, 2014 9:00 AM - 9:40 AM EDT Live Belichick Presser

    Patriots head coach Bill Belichick addresses the media during his Training Camp press conference at Gillette Stadium.

  • Thu., Jul. 31, 2014 12:00 AM - 11:55 AM EDT Replay Patriots Replay Listen to the "Best of the Week" of Patriots.com Radio programming.
  • Thu., Jul. 31, 2014 12:00 PM - 2:00 PM EDT Live PFW in Progress Have lunch with Editor in Chief Fred Kirsch along with editor Paul Perillo, assistant editor Andy Hart and staff writer Erik Scalavino as they take you behind the pages of PFW on their online radio show exclusively on Patriots.com. Send in your questions and comments to webradio@patriots.com or call (508) 298-0398.
  • Thu., Jul. 31, 2014 2:00 PM - 11:59 PM EDT Replay Patriots Replay Listen to the "Best of the Week" of Patriots.com Radio programming.
  • Fri., Aug. 01, 2014 12:00 AM - 11:59 PM EDT Replay Patriots Replay Listen to replays of the best Patriots.com radio shows of the week
  • Sat., Aug. 02, 2014 12:00 AM - 11:15 PM EDT Replay Patriots Replay Listen to the "Best of the Week" in Patriots.com Radio programming.
  • Mon., Aug. 04, 2014 9:00 AM - 11:59 PM EDT Replay Patriots Replay Listen to a replay of Tuesday's edition of PFW in Progress.
  • Tue., Aug. 05, 2014 2:00 PM - 11:59 PM EDT Replay Patriots Replay Listen to a replay of today's lineups on Patriots.com Radio.
  • Tue., Aug. 05, 2014 4:00 PM - 6:00 PM EDT Live Fantasy Football Champs 120 minutes of non-stop Fantasy Football Strategy. Todd DeVries and Bill Enright are committed to helping you dominate your league. Tune in for expert analysis, weekly player rankings, and fantasy advice that will get you a Championship.
  • Wed., Aug. 06, 2014 12:00 AM - 11:59 PM EDT Replay Patriots Replay Listen to the "Best of the Week" of Patriots.com Radio programming.
  • Thu., Aug. 07, 2014 12:00 AM - 11:55 AM EDT Replay Patriots Replay Listen to the "Best of the Week" of Patriots.com Radio programming.
  • Thu., Aug. 07, 2014 12:00 PM - 2:00 PM EDT Live PFW in Progress Have lunch with Editor in Chief Fred Kirsch along with editor Paul Perillo, assistant editor Andy Hart and staff writer Erik Scalavino as they take you behind the pages of PFW on their online radio show exclusively on Patriots.com. Send in your questions and comments to webradio@patriots.com or call (508) 298-0398.
  • Thu., Aug. 07, 2014 2:00 PM - 11:59 PM EDT Replay Patriots Replay Listen to the "Best of the Week" of Patriots.com Radio programming.

Patriots Football Weekly Blog

Print
RSS

Report: Brady signs extension

Posted Feb 25, 2013

Sports Illustrated's Peter King is reporting the Patriots and Tom Brady have agreed to a three-year extension that will have the Patriots quarterback in Foxborough through 2017.

Sports Illustrated's Peter King is reporting the Patriots and Tom Brady have agreed to a three-year extension that will have the Patriots quarterback in Foxborough through 2017. The value of those added three years is a modest $27 million, but the real value for all concerned is the added cap space the team will receive as a result.

King reports the extension will pay Brady a $3 million signing bonus immediately, in addition to salaries of $7 million in 2015, $8 million in 2016 and $9 million in 2017. As a result, the deal gives the Patriots relief as he was due to count roughly $22 million in each of the next two years. Now, those cap numbers will add up to $28.6 million, a savings of $15 million.

This comes hours after an NFL Network report of a potential extension for Wes Welker. Could the two be related? The guess here is yes, and it would not be surprising to learn Brady agreed to the deal with re-signing Welker in mind.

Brady will receive guaranteed salaries each of the next three seasons and receive much of the money in "chunk of a bonus right now" according to King. So, Brady receives plenty of money up front while adding $27 million on the back end when he will be approaching his 40s. Most importantly for the Patriots, they get their quarterback locked up probably for the rest of his career while garnering important salary cap relief.

Related Tags

BLOG DISCLAIMER


The opinions, analysis and/or speculation expressed on the PFW Blog represent those of individual authors, and unless quoted or clearly labeled as such, do not represent the opinions or policies of the New England Patriots organization, front office staff, coaches and executives. Authors' views are formulated independently from any inside knowledge and/or conversations with Patriots officials, including the coaches and scouts, unless otherwise noted.

Most Popular Media

View Series - Ask PFW Ask the PFW writers a question