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Report: Tom Brady extension with Buccaneers likely in the cards

Tom Brady, Buccaneers, Bruce Arians

Tom Brady and the Tampa Bay Buccaneers are likely to come to an agreement on a contract extension this offseason, according to Ian Rapoport of NFL Network. With the future Hall of Famer currently under contract through 2021, it would likely be a one- or two-year extension.

While Brady is up there in age at 43 years old, he’s still putting on a show and playing at a high level. He capped off the 2020 regular season with 4,633 passing yards and 40 touchdowns and then helped the Buccaneers win the Super Bowl to earn title No. 7.

Rapoport explained the situation on Wednesday:

This would be a smart move for a team that just won the Super Bowl. According to Rapoport, this move would “open up the salary cap for the Tampa Bay Buccaneers to do things like franchise tag Chris Godwin and pay Shaq Barrett — two things that they want to do very badly this offseason.”

It’s certainly an exciting time for the Buccaneers franchise, and they’re going to have a busy offseason. In addition to dealing with Brady’s extension and then players such as Godwin and Barrett, there are a number of other key veterans on the stacked squad set to hit free agency. Tampa Bay would surely love to run it back as much as possible, though the $180 million salary cap floor could complicate matters.

Either way, taking care of Tom Brady is probably the top priority, with everything else falling into place after that.