Tampa Bay Buccaneers quarterback Tom Brady earned a fresh paycheck after successfully leading the team to a victory in Super Bowl LV. According to NFL Network‘s Tom Pelissero, his newly-inked extension is another two-year, $50 million deal, similar to the contract he signed in 2020.
The terms will also include a series of postseason incentives including three voidable years which helps create more cap space for the Buccaneers in 2021.
Tom Brady’s new contract with the #Bucs is another two-year, $50 million deal, but $41.075M is due in 2021 and just $8.925M in 2022, per source.
The deal once again includes postseason incentives, and there are three voidable years, lowering his cap number in 2021 to $9.075M.
— Tom Pelissero (@TomPelissero) March 13, 2021
Brady concluded the 2020 season with 4,633 passing yards on 401 completions along with 40 touchdowns through 16 appearances. Despite the quarterback’s stellar production on the field, it can’t be denied that Brady’s talented teammates also served as a huge part of their success last season.
His new deal not only secures his tenure in Tampa Bay through 2022 but also allows the front office to re-sign the other key players on their roster. These include veteran receiver Antonio Brown, tight end Rob Gronkowski, and linebacker Shaq Barrett, among others.
Tampa Bay already made their first moves of the offseason as they placed the franchise tag on wideout Chris Godwin who is set to earn over $15.8 million in 2021. The front office also rewarded linebacker Lavonte David for his impressive showing after garnering a second-team All-Pro appearance last season.
The two sides agreed to a two-year, $25 million contract which will allow the team to keep their longest-tenured player for the coming seasons. More than anything, the Buccaneers are hoping that the new contract of Tom Brady will give them more flexibility in a bid to retain their core and defend their title next season.