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Brady signs contract extension

The Patriots and Super Bowl MVP Tom Brady agreed on a contract extension Wednesday afternoon. The team confirmed the extension, but did not disclose terms of the agreement in a press release late Wednesday.

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            Brady, a third-year quarterback out of Michigan, took the world by storm last season after going from fourth-string backup to leading the Patriots to their first Super Bowl win in the team's 42-year history. His remarkable season included a 14-3 record as the team's starter, including regular and postseason games, and ended with Brady playing in his first Pro Bowl at age 24.  

The former sixth-round draft pick completed 265-of-416 passes for 2,849 yards with 18 touchdowns and 12 interceptions in 2001. His 63.0% completion rate was the best in franchise history.

The extension comes on the eve of the Patriots final preseason game against the Redskins Thursday night in Washington.

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